Mesabi Trust announced earnings results for the third quarter ended October 31, 2020. For the third quarter, the company announced total revenue was USD 5.737 million compared to USD 6.560 million a year ago. Net income was USD 5.126 million compared to USD 6.150 million a year ago. Basic earnings per share from continuing operations was USD 0.3907 compared to USD 0.4688 a year ago. For the nine months, total revenue was USD 15.124 million compared to USD 26.371 million a year ago. Net income was USD 13.414 million compared to USD 24.972 million a year ago. Basic earnings per share from continuing operations was USD 1.0224 compared to USD 1.9034 a year ago.