Mesabi Trust  

(Public, NYSE:MSB)   Watch this stock  
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-0.22 (-3.53%)
Nov 27 - Close
NYSE real-time data - Disclaimer
Currency in USD
Range 5.91 - 6.24
52 week 5.53 - 18.59
Open 6.20
Vol / Avg. 32,486.00/100,753.00
Mkt cap 78.98M
P/E 3.83
Div/yield 0.04/31.23
EPS 1.57
Shares 13.12M
Beta 0.87
Inst. own 15%
Nov 2, 2015
Q3 2015 Mesabi Trust Earnings Release
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Key stats and ratios

Q3 (Jul '15) 2015
Net profit margin 90.80% 94.97%
Operating margin 90.80% 94.97%
EBITD margin - 94.97%
Return on average assets 256.33% 265.59%
Return on average equity 282.14% 1908.72%
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 the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The Peter Mitchell 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, 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, a producer of iron ore pellets in North America. Northshore pays royalties to the Trust based on the selling price of pellets shipped from Northshore's pellet plant at Silver Bay, Minnesota, on Lake Superior approximately 45 miles from the mine.