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Mesabi Trust

MSB

Latest Trade

16.87USD

Change

-0.08(-0.47%)

Volume

58,049

Today's Range

16.77

 - 

17.15

52 Week Range

9.76

 - 

31.50

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
16.95
Open
16.95
Volume
58,049
3M AVG Volume
1.80
Today's High
17.15
Today's Low
16.77
52 Week High
31.50
52 Week Low
9.76
Shares Out (MIL)
13.12
Market Cap (MIL)
226.85
Forward P/E
--
Dividend (Yield %)
13.53

Next Event

Q2 2021 Mesabi Trust Earnings Release

Latest Developments

More

Mesabi Trust declares distribution

Mesabi Trust declares distribution

Mesabi Trust declares distribution

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About Mesabi Trust

Mesabi Trust is a royalty trust. The purpose of the Trust is to conserve and protect the Trust Estate. The Trust operates in the iron ore mining segment. The Trust derives income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The lessee/operator of Mesabi Trust's mineral interests is Northshore Mining Corporation (NMC), a subsidiary of Cliffs Natural Resources Inc. (Cliffs). NMC produces iron ore from Mesabi Trust Lands. The principal assets of Mesabi Trust consist of two different interests in certain properties in the Mesabi Iron Range: Mesabi Trust's interest as assignor in the Amended Assignment of Peters Lease and the Amended Assignment of Cloquet Lease and Mesabi Trust's ownership of the entire beneficial interest in the Mesabi Land Trust, which has interest as fee owner in the Peters Lease Lands and a fee ownership in certain non-mineral-bearing lands adjacent to the Peters and Cloquet Lease Lands.

Industry

Misc. Financial Services

Contact Info

60 Wall St Fl 27

NEW YORK, NY

10005-2837

United States

+1.212.2506519

http://www.mesabi-trust.com/

Executive Leadership

Robert C. Berglund

Trustee

James A. Ehrenberg

Trustee

Michael P. Mlinar

Trustee

Robin M. Radke

Trustee

Key Stats

Price To Earnings (TTM)
8.48
Price To Sales (TTM)
7.91
Price To Book (MRQ)
37.22
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
0.00
LT Debt To Equity (MRQ)
0.00
Return on Investment (TTM)
331.67
Return on Equity (TTM)
147.52

Latest News

Latest News

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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