Magnetite Mines Ltd Market Cap ($1.25 Million)
Market Cap & Net Worth: Magnetite Mines Ltd (MGT)
Magnetite Mines Ltd market cap. Magnetite Mines Ltd (AU:MGT) has a market capitalization of $1.25 Million (AU$1.76 Million) as of November 4, 2026. Listed on the AU stock exchange, this Australia-based company holds position #30504 globally and #1785 in its home market, demonstrating a -35.71% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Magnetite Mines Ltd's stock price AU$0.01 by its total outstanding shares 196035675 (196.04 Million). Also see cash efficiency ratio of Magnetite Mines Ltd for how efficiently the company converts equity into cash flow.
Magnetite Mines Ltd Market Cap History (2015–2026)
Magnetite Mines Ltd market cap history from 2015 to 2026. Data shows change from $65.29 Million to $1.25 Million (-28.57% CAGR). Check MGT live share price for real-time trading data and today's change.
Magnetite Mines Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Magnetite Mines Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore Magnetite Mines Ltd (MGT) equity growth momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
6124.46x
Magnetite Mines Ltd's market cap is 6124.46 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $177.23 Million | $17.93K | -$1.82 Million | 9884.38x | N/A |
| 2017 | $177.23 Million | $12.39K | -$4.44 Million | 14304.02x | N/A |
| 2018 | $39.28 Million | $16.09K | -$3.52 Million | 2441.39x | N/A |
| 2019 | $24.55 Million | $15.55K | -$1.34 Million | 1578.86x | N/A |
| 2020 | $91.92 Million | $1.04 Million | -$374.00K | 88.47x | N/A |
| 2021 | $177.28 Million | $20.14K | -$1.73 Million | 8802.50x | N/A |
| 2022 | $84.17 Million | $195.44K | -$3.66 Million | 430.65x | N/A |
| 2023 | $43.00 Million | $212.59K | -$5.33 Million | 202.27x | N/A |
| 2024 | $16.64 Million | $214.49K | -$4.85 Million | 77.60x | N/A |
| 2025 | $7.49 Million | $1.22K | -$4.19 Million | 6124.46x | N/A |
Competitor Companies of MGT by Market Capitalization
Companies near Magnetite Mines Ltd in the global market cap rankings as of November 4, 2026. Also see how large is Magnetite Mines Ltd's balance sheet for a full breakdown of the balance sheet.
Key companies related to Magnetite Mines Ltd by market ranking:
- BHP Group (MX:BHPN): Ranked #90 globally with a market cap of $219.15 Billion USD ( MX$3.81 Trillion MXN).
- BHP Group Ltd (AU:BHP): Ranked #100 globally with a market cap of $203.98 Billion USD ( AU$288.28 Billion AUD).
- Rio Tinto Group (MX:RION): Ranked #216 globally with a market cap of $112.70 Billion USD ( MX$1.96 Trillion MXN).
- Rio Tinto Group (F:RIOA): Ranked #230 globally with a market cap of $108.24 Billion USD ( €92.58 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #90 | BHP Group | MX:BHPN | $219.15 Billion | MX$1499.00 |
| #100 | BHP Group Ltd | AU:BHP | $203.98 Billion | AU$56.74 |
| #216 | Rio Tinto Group | MX:RION | $112.70 Billion | MX$1561.00 |
| #230 | Rio Tinto Group | F:RIOA | $108.24 Billion | €73.80 |
Market Capitalization of Magnetite Mines Ltd (2015–2026)
Market capitalization of Magnetite Mines Ltd from 2015 to today. Between 2015 and today, Magnetite Mines Ltd's market cap moved from $65.29 Million to $ 1.25 Million, with a yearly change of -28.57%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | AU$1.25 Million | -83.33% |
| 2025 | AU$7.49 Million | -55.00% |
| 2024 | AU$16.64 Million | -61.29% |
| 2023 | AU$43.00 Million | -48.91% |
| 2022 | AU$84.17 Million | -52.52% |
| 2021 | AU$177.28 Million | +92.86% |
| 2020 | AU$91.92 Million | +274.41% |
| 2019 | AU$24.55 Million | -37.50% |
| 2018 | AU$39.28 Million | -77.84% |
| 2017 | AU$177.23 Million | 0.00% |
| 2016 | AU$177.23 Million | +171.45% |
| 2015 | AU$65.29 Million | -- |
End of Day Market Cap According to Different Sources
On Nov 3rd, 2026 the market cap of Magnetite Mines Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.25 Million USD |
| MoneyControl | $1.25 Million USD |
| MarketWatch | $1.25 Million USD |
| marketcap.company | $1.25 Million USD |
| Reuters | $1.25 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Magnetite Mines Ltd
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 … Read more