Stock Taper
MSB
MESABI TRUST
NYSE
$22.77
▼ DOWN 1.64% (-0.38)

KEY STATISTICS

Market Cap$298.74 M
52w High$42.38
52w Low$21.60
Dividend Yield3.87%
FrequencyQuarterly
P/E26.48
Volume48.39K
Shares Out.13.12M

COMPANY

LEADERSHIP

Silviu Itescu
CHIEF EXECUTIVE
Silviu Itescu

ABOUT

SECTOR
Basic Materials
WENT PUBLIC
February 21, 1973
METHOD OF GOING PUBLIC
IPO
FULL TIME EMPLOYEES
104

PRICE

$22.77 ▼ DOWN 1.64% (−$0.38)
$22.40$22.80$23.20$23.609:31 AM10:36 AM11:40 AM12:45 PM1:50 PM2:54 PM3:59 PM22.77

About Mesabi Trust

https://mesabi-trust.com ↗

Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York.

INDUSTRY

Steel

A SERVICE MESABI TRUST IS KNOWN FOR

Royalty income from iron ore extraction

Mesabi Trust is a royalty trust that earns income from iron ore mining at Minnesota's Peter Mitchell Mine, distributing net income to unitholders from royalties paid by Cleveland-Cliffs Inc.

Revenue by Products

IconPRODUCTFY2023FY2024FY2025FY2026
Royalties From Leases$7.25M $21.33M $24.87M $15.82M
Royalties From Lease Fees$242.4K $761.47K $588.84K $750.49K

RATINGS SNAPSHOT

Overall rating: B+

DCFROEROAD/EP/EP/B
Discounted Cash Flow5
Return On Equity5
Return On Assets5
Debt To Equity1
Price To Earnings1
Price To Book1
Overall Score3

TRADES BY CONGRESS

HOUSE TRADES
Kim Schrier
Kim Schrier
Sale (Full)
2021-10-28
Virginia Foxx
Virginia Foxx
Purchase
2019-01-28

SECTORS PEERS

PEERPRICE
PKX$57.34COMPARE
SBR$73.75COMPARE
MTUS$19.59COMPARE
NRT$8.63COMPARE
CRT$10.81COMPARE
MTR$2.72COMPARE