Market Cap

Magnetite Mines Limited Market Capitalization:

A$30.0 Million

AUD as of Jan. 1, 2024

US$20.4 Million

business Magnetite Mines Limited Company Profile

Magnetite Mines Limited Main Stock Listing

ASX: MGT

Market Capitalization History of Magnetite Mines Limited

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Yearly evolution of Magnetite Mines Limited market cap

Date Market Cap YoY Change
Jan. 1, 2024 A$30.0 M -19.21%
Jan. 1, 2023 A$37.2 M 1364.29%
Jan. 1, 2022 A$2.5 M 52.17%
Jan. 31, 2021 A$1.7 M -11.54%
Jan. 1, 2021 A$1.9 M 769.57%
Jan. 31, 2020 A$216,801 -40.20%
Jan. 1, 2020 A$362,543 -16.67%
Jan. 31, 2019 A$435,052 20.00%
Jan. 1, 2019 A$362,543 -83.55%
Jan. 31, 2018 A$2.2 M -11.11%
Jan. 1, 2018 A$2.5 M

Market capitalization is calculated from the opening stock price at the beginning of each year.

Top 1-year algo backtest: +269.94%

$10,000 in May 2023 would now be $36,994 by following this algorithm daily at market close.

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Stocks & Indices

Magnetite Mines Limited has the following listings and related stock indices.


Stock: ASX: MGT

What is a company's market capitalization?

The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.