MSB

Mesabi Tr
NYSE

Real-time Quotes | Nasdaq Last Sale

12.90
-1.40
-9.79%
Closed 16:00 04/01 EDT
OPEN
13.87
PREV CLOSE
14.30
HIGH
13.88
LOW
12.71
VOLUME
45.78K
TURNOVER
--
52 WEEK HIGH
32.39
52 WEEK LOW
9.76
MARKET CAP
170.56M
P/E (TTM)
5.37
1D
5D
1M
3M
1Y
5Y

EPS

MSB News

More
  • Scully Royalty Is Free Once Again
  • Seeking Alpha - Article · 03/06 13:00
  • Dividend Cuts At The Midpoint Of Q1 2020
  • Seeking Alpha - Article · 02/21 08:23
  • Mesabi Trust: A 12% Dividend With A Positive Outlook On Iron Ore
  • Seeking Alpha - Article · 01/29 17:35
  • Mesabi Trust Press Release
  • Business Wire · 01/14 22:00

Industry

Steel
-2.38%
Metals & Mining
-1.59%

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About MSB

Mesabi Trust is a royalty trust. The purpose of the Trust is to conserve and protect the Trust Estate. The Trust operates in the iron ore mining segment. 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 lessee/operator of Mesabi Trust's mineral interests is Northshore Mining Corporation (NMC), a subsidiary of Cliffs Natural Resources Inc. (Cliffs). NMC produces iron ore from Mesabi Trust Lands. The principal assets of Mesabi Trust consist of two different interests in certain properties in the Mesabi Iron Range: Mesabi Trust's interest as assignor in the Amended Assignment of Peters Lease and the Amended Assignment of Cloquet Lease and Mesabi Trust's ownership of the entire beneficial interest in the Mesabi Land Trust, which has interest as fee owner in the Peters Lease Lands and a fee ownership in certain non-mineral-bearing lands adjacent to the Peters and Cloquet Lease Lands.
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