Mesabi Trust announced earnings results for the third quarter ended October 31, 2019. For the third quarter, the company announced total revenue was USD 6.560 million compared to USD 13.973 million a year ago. Net income was USD 6.150 million compared to USD 13.585 million a year ago. Basic earnings per share from continuing operations was USD 0.4688 compared to USD 1.0354 a year ago. For the nine months, total revenue was USD 26.371 million compared to USD 39.809 million a year ago. Net income was USD 24.972 million compared to USD 38.772 million a year ago. Basic earnings per share from continuing operations was USD 1.9034 compared to USD 2.9552 a year ago.