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MGT

MAGNETITE MINES LIMITED. - Discussion

8.60% ! 8.5¢
Market Cap $10.28M  !
Metals & Mining Industrial Metals & Minerals
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Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on... Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on the development of magnetite iron ore resources in the highly prospective Braemar iron region of South Australia. Its projects include Razorback Iron Ore Project and Muster Dam Iron Ore Project. The Razorback Iron Ore Project is a magnetite iron ore deposit capable of producing a high-grade iron ore concentrate product for use in steel production. The Project is situated approximately 45 kilometers (km) from open-user rail, 120 km from the power grid and 200 km to existing deep water ports. The Project consists of two magnetite iron ore deposits, the Razorback and the Ironback Hill deposits. The Muster Dam Iron Ore Project is hosted by the same Braemar Iron Formation as the Razorback Iron Ore Project. The Project is located approximately 110 km to the northeast of Razorback. The Company has a total mineral resource of six billion tons of iron ore located approximately 240 km from Adelaide.More

Magnetite Mines Limited.

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Last
8.5¢ 		Change
-0.008(8.60%) 		Mkt cap ! $10.28M
Open High Low Value Volume
9.2¢ 9.2¢ 7.1¢ $70.24K 813.6K

Buyers (Bids)

No. Vol. Price($)
1 7488 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 23582 2
View Market Depth
Last trade - 15.47pm 24/06/2025 (20 minute delay) ?
Last
8.7¢ 		  Change
-0.008 ( 6.45 %)
Open High Low Volume
8.9¢ 9.1¢ 8.5¢ 62951
Last updated 15.20pm 24/06/2025 ?
MGT (ASX) Chart

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ASX Market Close: Virgin soars on IPO | June 24, 2025 The ASX 200 climbed around +1% higher in intra-day trade.Virgin Australia (ASX:VGN) is back on the boards and traded up to 10% higher than its IPO price of $2.90 per share.Financials, Materials, and IT were the strongest performing sectors @ all up more than 1.5% in afternoon trade.In the GreenRi...

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