Mesabi Trust (MSB) Receives News Sentiment Rating of 0.16
Headlines about Mesabi Trust (NYSE:MSB) have trended somewhat positive on Sunday, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mesabi Trust earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the mining company an impact score of 46.7690386851403 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Separately, TheStreet cut Mesabi Trust from a “b-” rating to a “c+” rating in a research report on Monday, August 7th.
Mesabi Trust (NYSE MSB) opened at 23.00 on Friday. The stock has a market cap of $301.76 million, a PE ratio of 12.52 and a beta of 0.34. The company’s 50 day moving average price is $15.47 and its 200 day moving average price is $14.53. Mesabi Trust has a 12 month low of $8.05 and a 12 month high of $24.00.
Mesabi Trust (NYSE:MSB) last posted its quarterly earnings data on Thursday, September 7th. The mining company reported $1.00 earnings per share for the quarter. Mesabi Trust had a return on equity of 232.11% and a net margin of 95.87%. The company had revenue of $13.36 million during the quarter. Equities analysts forecast that Mesabi Trust will post ($20.29) EPS for the current fiscal year.
About Mesabi Trust
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).
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