Magnetite Mines Limited engages in the exploration of mineral properties in South Australia. Its flagship project is the Razorback Iron Ore project that includes the Razorback and Iron Peak deposits located in Adelaide, South Australia. The company was formerly known as Royal Resources Limited and changed its name to Magnetite Mines Limited in December 2015. Magnetite Mines Limited was incorporated in 2004 and is headquartered in Adelaide, Australia.
Stock data | 2023 | Change |
---|---|---|
Price | $0.12854166102887452 | N/A |
Market Cap | $9.88M | N/A |
Shares Outstanding | 76.87M | 17.61% |
Employees | 0 | N/A |
Shareholder Equity | 35.31M | -10.27% |
Valuation | 2023 | Change |
---|---|---|
P/B Ratio | 0.28 | N/A |
Growth | 2023 | Change |
---|---|---|
Return on Equity | -0.1021 | N/A |
Earnings | 2023 | Change |
---|---|---|
Earnings | -$3.61M | N/A |
Financial Strength | 2023 | Change |
---|---|---|
Total Assets | $26.37M | N/A |
Total Debt | $1.64M | N/A |
Cash on Hand | $3.47M | N/A |
Debt to Equity | 0.0701 | -36.67% |
Cash to Debt | $2.12 | -75.78% |
Current Ratio | $1.53 | -66.92% |