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Magnetite Mines Ltd Company Snapshot
Magnetite Mines Ltd operates within the Iron ores sector. In addition to historical fundamental analyses, the complete report available to purchase compares Magnetite Mines Ltd with three other companies in this sector in Australia: Eastern Iron Limited (2016 sales of 20,398.00 Australian Dollars [US$15,630.58 ] ), Indiana Resources Ltd (14,000.00 Australian Dollars [US$10,727.92 ] ), and Ferrum Crescent Limited (22,517.00 Australian Dollars [US$17,254.33 ] ).

Sales Analysis. Sales fell dramatically in 2016: During the year ended June of 2016, sales at Magnetite Mines Ltd were A$17,932.00 (US$13.74 thousand). This is a sharp decrease of 75.5% versus 2015, when the company's sales were A$73,162.00 .
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Magnetite Mines Ltd
  Stock Performance Chart for Magnetite Mines Ltd
  Stock Data: Recent Stock Performance:
  Current Price (10/14/2016): .04
(Figures in Australian Dollars)
1 Week 0.0%   13 Weeks 2.8%  
4 Weeks -28.8%   52 Weeks 236.4%  
Magnetite Mines Ltd Key Data:
  Ticker: MGT Country: Australia
  Exchanges: OTC Major Industry: Materials
    Sub Industry: Iron Ores
  2016 Sales 17,932
(Year Ending Jan 2017).
Employees: N/A
  Currency: Australian Dollars Market Cap: 16,218,193
  Fiscal Yr Ends: June Shares Outstanding: 438,329,539
  Share Type: Ordinary Closely Held Shares: 200,997,921
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