Compliance updated on Jun 19, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

Magnetite Mines Ltd

MGT.AX ✗ NOT COMPLIANT ☆ Track — members

ASX · Basic Materials · Diversified Mining ·

Australia Micro Cap Analyst: N/A

Last Close

$0.01

▼ -5.56%

Market Cap $2.75M · Vol 214.45K

Key Metrics

P/E Ratio

N/A

FWD: N/A

Market Cap

$2.75M

Micro Cap

Div Yield

N/A

Semi-annual dividend

EPS Growth

N/A

YoY

RSI (14)

43.75

Momentum

Beta

-0.24

vs Market

52W High

$0.20

93.51% below

52W Low

$0.01

8.74% above

Volume

214.45K

Avg 251.35K

P/B

0.27

Price-to-book

ROE

N/A

Return on equity

Free Float

82.62%

Public shares

Shariah Compliance8 STANDARDS

✗ Magnetite Mines Ltd (MGT.AX) stock is currently not Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

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The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

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Historical Returns

-10.53%

-5.56%

-41.38%

-65.72%

YTD

-68.26%

-75.52%

-95.26%

-98.94%

Financials & Valuation

TTM · Annual

Total Revenue	$148.81K
Net Income	$-2,755,468.00
Revenue Growth (YoY)	-31.70%
Gross Margin	-890.05%
Operating Margin	-1,790.28%
Net Profit Margin	-1,851.70%
ROE	N/A
ROA · ROIC	-10.53% · N/A

P/E Ratio	N/A
Forward P/E (FY1)	N/A
PEG Ratio	N/A
P/S	41.54
P/B	0.27
P/FCF	N/A
EPS Growth	N/A
Outstanding Shares	229.01M

Technical Indicators

50-Day SMA	$0.01
200-Day SMA	$0.03
RSI (14)	43.75
Beta	-0.24
52-Week High	$0.20
52-Week Low	$0.01

Volume Today	214.45K
Avg Daily Volume (30D)	251.35K
Relative Volume	0.85x
Volatility (10D)	62.12
Volatility (30D)	88.22
Free Float	82.62%

Analyst Consensus

N/A

Current Price $0.01

Mean Target N/A

52W Low$0.01 52W High$0.20

Current

Target

$0.01 $0.20

Current Analyst target

· 0 analysts

Identifiers

ExchangeASX

FIGIBBG001S73S51

ISINAU000000MGT5

CountryAustralia

Sub-IndustryDiversified Mining

Earnings DateN/A

TypeStocks

Instrument TypeFULLPAID Fully Paid Ordinary

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Company Profile

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 the Razorback Iron Ore Project and Muster Dam Iron Ore Project. The Razorback Iron Ore Project is a pre-development magnetite iron ore project capable of producing high-grade and Direct-Reduction grade (DR-grade) iron ore products required in low-carbon and zero-carbon steel production. It consists of the Razorback and Iron Peak deposits. It is located just 240 kilometers (kms) northeast of Adelaide in arid, low-intensity pastoral country. 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 Iron Ore Project. The Project produces the required specification of DR-grade, very low impurity products necessary for green iron production.