Magnetite Mines Limited (MGT) Fair Value & Analysis
Basic Materials · AU · Market cap A$5.7M
Fair value as of: Jun 26, 2026
From 3 valuation models · updated 3 days ago
Fair value updated Jun 26, 2026 — revised from A$0.4900 to A$0.0250 (−94.9%) since Jun 24, 2026. Share price −32.1% over the past month.
Price vs Fair Value (12 months)
12‑month range A$0.0210 – A$0.1326 · fair‑value band A$0.0208 – A$0.0292 · the A$0.0210 price screens below the A$0.0250 fair value. As of Jun 26, 2026.
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Magnetite Mines Limited (MGT) currently trades at A$0.0210, while our model-based Fair Value estimate is A$0.0250 — implying the stock looks roughly 19.0% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.
Trailing-twelve-month revenue stands at A$301. Revenue grew 37.7% year over year. It earns a return on equity of -10.0%. Net debt stands at A$1.7M. Fundamentals as of Jun 26, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.
About the company
Magnetite Mines Limited engages in the exploration of mineral properties in South Australia. The company's 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 based in Adelaide, Australia.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Magnetite Mines Limited reported revenue of A$1.2K in FY2025 versus A$20.1K in FY2021, a compound −50.4%/yr. Reported net income was −A$4.2M in FY2025.
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.