Magnetite Mines Limited (ASX: MGT)
Sector: Materials
Market cap: A$3M (as of 2 Nov 2026)
Magnetite mines is focused on the development of magnetite iron ore resources in the highly-prospective Braemar iron region of South Australia. The Company has a total mineral resource of 6 billion tonnes of iron ore including 2 billion tonnes of Probable
Data as of 2 Nov 2026.
Recent capital raises
Substantial holders — latest moves
| Date | Holder | Move | Holding | Source |
|---|---|---|---|---|
| 1 Apr 2026 | MR TROY HARRIS | Entry | ?% → 16.68% | Filing ↗ |
| 26 Sept 2025 | Citicorp Nominees Pty Limited | Entry | ?% → 9.9% | Filing ↗ |
| 24 Oct 2024 | SUGARLOAF VENTURES PTY LTD <SKI CAPITAL A/C> | Entry | ?% → 14.21% | Filing ↗ |
| 2 Oct 2024 | — | Unknown | — | Filing ↗ |
| 30 Sept 2024 | Citicorp Nominees Pty Limited | Entry | ?% → 14.67% | Filing ↗ |
Director trades — on-market
Cash and runway
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- Has MGT raised money in the last year, and at what discount?
- What was MGT's latest cash position and runway?
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