Name: Magnetite Mines (MGT) Short Position History
Creator: Shorted
License: https://creativecommons.org/licenses/by/4.0/

MGT

Materials

Magnetite Mines

Short interest: 0.00%; 0.00 pp 30d; as of 12 Mar 2025
Reported shorts: 1.2K
Shares on issue: 116.433M

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

About Magnetite Mines

Magnetite Mines Limited is focused on developing its 100% owned Razorback Iron Ore Project in South Australia's Braemar Iron Formation. The project aims to produce high-quality magnetite concentrates, essential for green iron production, aligning with the global steel industry's decarbonization goals. The company's strategic location and access to renewable energy provide a competitive edge in producing low-impurity, DR-grade iron ore.

Company profile →

Magnetite Mines (ASX:MGT) has 0.00% of its shares on issue reported as short positions as of 12 Mar 2025, or about 1,190 shares. Over the past 30 days that figure has been broadly flat, and over 90 days it has been broadly flat. Its highest recorded short interest was 0.20% in April 2022. MGT is classified in the Materials industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Short interest

History & FAQ →

Weekly context: The 10 most shorted ASX stocks — Week 41, 2026.

Strategy fit

How each stock picker strategy reads MGT today

Zanger BreakoutNot a candidate
CAN SLIMNot a candidate
Minervini Trend TemplateNot a candidate
Crowded-Short BreakoutNot a candidate
Quality compoundersNot a candidate

Prices to 14 Oct 2026 · Mechanical readings of published rules, not recommendations · Not financial adviceFull strategy readings →

MGT fundamentals

In the year to 30 Jun 2026, Magnetite Mines (ASX:MGT) recorded revenue of A$186.7K and a net loss after tax of A$3.9M. A year earlier it recorded revenue of A$226.2K and a net loss after tax of A$4.2M. Year-on-year growth: revenue −17.5% (FY). Net margin −2,094.8% (FY). Figures are in AUD, the company's reporting currency; source: ASX (Markit), as at 14 Oct 2026.

Full statements, ratios and filings are on the Financials tab. Not financial advice.

Full financials →