Mesabi Trust

MSB

US5906721015

Iron & Steel

Delayed Nyse Other stock markets 11:32:44 2024-05-23 EDT			5-day change	1st Jan Change
17.53 ^USD	-0.62%		-0.82%	-14.36%

04-24	Mesabi Trust Reports Earnings Results for the Full Year Ended January 31, 2024	CI
04-16	Mesabi Trust Declares Distribution, Payable on May 20, 2024	CI

Mesabi Trust Reports Earnings Results for the First Quarter Ended April 30, 2020

June 08, 2020 at 04:33 pm

Mesabi Trust announced earnings results for the first quarter ended April 30, 2020. For the first quarter, the company announced total revenue was USD 2.168 million compared to USD 5.466 million a year ago. Net income was USD 1.611 million compared to USD 4.910 million a year ago. Basic earnings per share from continuing operations was USD 0.1228 compared to USD 0.3743 a year ago.

Latest news about Mesabi Trust

Mesabi Trust Reports Earnings Results for the Full Year Ended January 31, 2024	04-24	CI
Mesabi Trust Declares Distribution, Payable on May 20, 2024	04-16	CI
Mesabi Trust Declares Distribution, Payable on February 20, 2024	01-12	CI
Mesabi Trust Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2023	12-14	CI
Mesabi Trust(NYSE:MSB) added to S&P Global BMI Index	23-09-18	CI
Mesabi Trust Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2023	23-09-13	CI
Mesabi Trust Suspends July Distribution	23-07-14	MT
Mesabi Trust Reports Earnings Results for the First Quarter Ended April 30, 2023	23-06-13	CI
Mesabi Trust Reports Earnings Results for the Full Year Ended January 31, 2023	23-04-24	CI
Mesabi Trust Announces No Distribution for January 2023	23-01-12	CI
Mesabi Trust Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2022	22-12-13	CI
Mesabi Trust Determines No Distribution to Be Declared for October 2022 with Respect to Units of Beneficial Interest	22-10-14	CI
Mesabi Trust Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2022	22-09-13	CI
Mesabi Trust Declares Distribution, Payable on August 20, 2022	22-07-15	CI
Mesabi Trust Reports Earnings Results for the First Quarter Ended April 30, 2022	22-06-13	CI
Mesabi Trust Reports Earnings Results for the Full Year Ended January 31, 2022	22-04-27	CI
Mesabi Trust Declares Distribution, Payable on May 20, 2022	22-04-15	CI
Mesabi Trust Raises Quarterly Dividend to $1.75 Per Unit	22-01-11	MT
Mesabi Trust Declares Distribution, Payable on February 20, 2022	22-01-10	CI
Mesabi Trust Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2021	21-12-15	CI
Mesabi Trust Declares Distribution, Payable on November 20, 2021	21-10-08	CI
Mesabi Trust Reports Earnings Results for the Second Quarter Ended July 31, 2021	21-09-13	CI
Mesabi Trust Declares Distribution, Payable on August 20, 2021	21-07-12	CI
Mesabi Trust Reports Earnings Results for the First Quarter Ended April 30, 2021	21-06-11	CI
Mesabi Trust Reports Earnings Results for the Full Year Ended January 31, 2021	21-04-27	CI

Chart Mesabi Trust

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Company Profile

Mesabi Trust is a royalty trust organized to derive income from an iron mine (the Peter Mitchell Mine) located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The Trust is a pass-through entity. It operates in one segment, which is iron ore mining. The mine is operated by Northshore Mining Company (Northshore), a subsidiary of Cleveland-Cliffs Inc. (CCI). Northshore mines the ore, which is in the form of taconite, a hard rock containing approximately 21% recoverable iron, crushes it, separates the iron particles from the non-metallic, and forms the resulting concentrate into pellets which are shipped for use in steel-producing blast furnaces of customers of CCI. Northshore pays royalties to the Trust primarily based on the selling price of pellets shipped from Northshoreâs pellet plant at Silver Bay, Minnesota, on Lake Superior approximately 45 miles from the mine, plus a significantly smaller royalty based on tons of ore extracted at the mine.

Sector

Iron & Steel

Calendar

2024-06-10 - Q1 2024 Earnings Release (Projected)

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Sector Iron Ore Mining

	1st Jan change	Capi.
MESABI TRUST	-14.36%	231M
FORTESCUE LTD	-7.00%	55.75B
VALE S.A.	-15.92%	54.41B
KUMBA IRON ORE LIMITED	-10.82%	9.65B
NMDC LIMITED	+27.06%	9.62B
CSN MINERAÇÃO S.A.	-32.82%	5.77B
SHOUGANG HIERRO PERU S.A.A.	-2.36%	5.77B
NMDC STEEL LIMITED	+26.17%	2.3B
HAINAN MINING CO., LTD.	+6.07%	2.07B
HBIS RESOURCES CO., LTD.	+24.58%	1.89B