Mesabi Trust

MSB

US5906721015

Iron & Steel

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
17.31 ^USD	+0.29%		-2.70%	-15.44%

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

Mesabi Trust Reports Earnings Results for the Full Year Ended January 31, 2022

April 27, 2022 at 04:49 pm EDT

Mesabi Trust reported earnings results for the full year ended January 31, 2022. For the full year, the company reported revenue was USD 71.46 million compared to USD 25.95 million a year ago. Net income was USD 68.77 million compared to USD 23.41 million a year ago. Basic earnings per share from continuing operations was USD 5.241 compared to USD 1.784 a year ago.

Latest news about Mesabi Trust

Mesabi Trust Reports Earnings Results for the Full Year Ended January 31, 2024	Apr. 24	CI
Mesabi Trust Declares Distribution, Payable on May 20, 2024	Apr. 16	CI
Mesabi Trust Declares Distribution, Payable on February 20, 2024	Jan. 12	CI
Mesabi Trust Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2023	Dec. 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 that operates in the iron ore mining segment. The Trust derives income from an iron mine (Peter Mitchell Mine) located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The lessee and operator of Mesabi Trust's mineral interests is Northshore Mining Corporation (NMC), a subsidiary of Cliffs Natural Resources Inc. (Cliffs). The principal assets of the Company consist of two different interests in certain properties in the Mesabi Iron Range: Mesabi Trustâs interest as assignor in the Amended Assignment of Peters Lease and the Amended Assignment of Cloquet Lease, which together cover properties aggregating over 9,750 largely contiguous acres in St. Louis County, Minnesota, and Mesabi Trustâs ownership of the entire beneficial interest in the Mesabi Land Trust, which has an over 20% interest as fee owner in the Peters Lease Lands and a 100% fee ownership in certain non-mineral-bearing lands adjacent to the Peters and Cloquet Lease Lands.

Sector

Iron & Steel

Calendar

2024-04-28 - Ex-dividend day

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Sector Iron Ore Mining

	1st Jan change	Capi.
MESABI TRUST	-15.44%	227M
VALE S.A.	-18.73%	52.39B
FORTESCUE LTD	-11.82%	51.33B
NMDC LIMITED	+23.14%	9.06B
KUMBA IRON ORE LIMITED	-22.65%	8.11B
SHOUGANG HIERRO PERU S.A.A.	-2.36%	5.75B
CSN MINERAÇÃO S.A.	-36.40%	5.33B
NMDC STEEL LIMITED	+29.09%	2.33B
HAINAN MINING CO., LTD.	+9.71%	1.98B
DETERRA ROYALTIES LIMITED	-7.21%	1.69B