Mesabi Trust  

(Public, NYSE:MSB)   Watch this stock  
Find more results for MSB
-0.33 (-2.10%)
Apr 17 - Close
NYSE real-time data - Disclaimer
Currency in USD
Range 15.15 - 15.89
52 week 11.41 - 21.93
Open 15.49
Vol / Avg. 54,708.00/104,896.00
Mkt cap 201.39M
P/E 8.33
Div/yield 0.64/11.99
EPS 1.84
Shares 13.12M
Beta 1.82
Inst. own 15%

Key stats and ratios

Q4 (Oct '14) 2014
Net profit margin 97.94% 95.51%
Operating margin 97.94% 95.51%
EBITD margin - 95.51%
Return on average assets 376.86% 259.96%
Return on average equity 1067.35% 1943.96%
CDP Score - -


60 Wall Street 60 Wall Street 27th Floor
NEW YORK, NY 10005
United States - Map
+1-904-2712520 (Phone)
+1-615-8352700 (Fax)

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money


Mesabi Trust is a royalty trust. The Trust derives income from an iron mine (the Peter Mitchell Mine) located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The mine is operated by Northshore Mining Company (Northshore), a subsidiary of Cleveland-Cliffs Inc. (CCI). Northshore mines the ore, which is in the form of taconite, a hard rock containing approximately 21% recoverable iron, crushes it, separates the iron particles from the non-metallic, and forms the resulting concentrate into pellets, which are shipped for use in steel-producing blast furnaces of customers of CCI, an international mining company. Northshore pays royalties to the Trust primarily based on the price of pellets shipped from Northshore�s pellet plant at Silver Bay, Minnesota, on Lake Superior, plus a significantly smaller royalty based on tons of ore extracted at the mine.