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Magnetite Mines Limited (ASX: MGT) - Share Price

- Current share price for MGT : $0.018

Magnetite Mines Limited (MGT), an ASX-listed company, is a Company that is engaged in mineral exploration in Australia

MGT General Information +

ASX Code MGT
Website http://magnetitemines.com
Industry/Sector Steel
Market Cap ($M) 4
MGT Share Price $0.018
Day High $0.020
Day Low $0.017
Last Close $0.018
MGT Share Price Movement - ( No change )
Prices as at 16:40, 29 Jun 2026
+Security prices are delayed by at least 20 minutes and are indicative only.

Magnetite Mines Limited (MGT) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield

See all dividends from Magnetite Mines Limited (MGT) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Magnetite Mines Limited (MGT) price-sensitive announcements

MGT - Ironback Hill Rare Earths Drilling Results
Magnetite Mines Limited has reported the first assay results from its 2026 air core drilli
Magnetite Mines Limited (MGT)
22 Jun 2026 | 9:32 AM
MGT - Leadership Transition and Strategic Reset
Magnetite Mines Limited has announced a strategic reset and leadership transition to addre
Magnetite Mines Limited (MGT)
26 May 2026 | 10:09 AM
MGT - Quarterly Activities/Appendix 5B Cash Flow Report
Magnetite Mines Limited reported significant advancements in their quarterly activities fo
Magnetite Mines Limited (MGT)
29 Apr 2026 | 11:16 AM
MGT - Security Class Reinstatement to Quotation - MGTOG
The document is a market announcement stating that the securities of Magnetite Mines Limit
Magnetite Mines Limited (MGT)
1 Apr 2026 | 11:58 AM

Magnetite Mines Limited (MGT) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $4 Notification of cessation of securities - MGT 26 Jun 2026 5:44PM $0.019 $0.018 fallen by 5.26%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $4 Application for quotation of securities - MGT 26 Jun 2026 5:39PM $0.019 $0.018 fallen by 5.26%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $4 Ironback Hill Rare Earths Drilling Results 22 Jun 2026 9:32AM $0.025 $0.018 fallen by 28%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $4 Results of EGM 29 May 2026 10:22AM $0.028 $0.018 fallen by 35.71%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $4 Chair's address to the EGM 29 May 2026 9:44AM $0.028 $0.018 fallen by 35.71%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $4 Manna Hill Desktop Review Identifies Historic Gold Targets 27 May 2026 9:53AM $0.031 $0.018 fallen by 41.94%

MGT Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2025A -$4.19 -$3.60 -31.60% 0.00 0.00 0.00% 0.0%
2024A -$4.85 -$5.30 -22.00% 0.00 0.00 0.00% 0.0%
2023A -$5.33 -$6.70 23.70% 0.00 0.00 0.00% 0.0%

MGT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2023 A 2024 A 2025 A 2023 A 2024 A 2025 A 2023 A 2024 A 2025 A
BlueScope Steel Limited (BSL) $14,658M -0.4846 0.8079 0.2546 35.6716 19.7311 15.7266 1.79% 3.89% 3.89%
Deterra Royalties Limited (DRR) $2,425M 0.0821 -0.0878 -0.0876 14.4708 15.8642 17.3880 4.80% 4.74% 4.32%
Fortescue Ltd (FMG) $58,716M -0.3984 0.0503 -0.1771 11.3864 10.8408 13.1735 5.77% 6.33% 5.02%
Magnetite Mines Limited (MGT) $4M -0.3156 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Sims Limited (SGM) $5,451M 0.4950 0.9156 0.6362 43.0424 22.4691 13.7328 0.82% 1.53% 2.98%

MGT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.20 0.00 0.06 0.00
Market 0.29 13.30 1.15 0.67
Sector 1.75 14.40 1.51 0.28

MGT Directors

Name Position Start Date
Mr Scott Frederick Lowe Chief Executive Officer, Managing Director 26 May 2026
Mr Simon Charles Wandke Non-Executive Director 6 Jun 2022
Mr Paul M White Non-Executive Director, Non-Executive Chairman 12 Jan 2022

Magnetite Mines Limited (MGT) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
2 Apr 2026 WANDKE, Simon Issued Direct Shares 283,333 $0.046 $13,000.000
1 Apr 2026 WHITE, Paul Issued Indirect Shares 843,750 $0.044 $37,500.000
1 Apr 2026 DOBSON, Timothy(Tim) Issued Indirect Shares 500,000 $0.040 $20,000.000

See all changes in directors' interest & trades for Magnetite Mines Limited (MGT) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

MGT Management

Name Position
Inthu Siva Company Secretary

MGT Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Magnetite Mines Limited (MGT). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
18,397,007 (9.90%) Citicorp Nominees Pty Limited

MGT Calendar of Events

Date Event
28 April 2027 Report (Quarterly)
29 January 2027 Report (Quarterly)
29 October 2026 Report (Quarterly)
25 September 2026 Report (Annual)
29 July 2026 Report (Quarterly)
30 June 2026 Issued Shares

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