Mesabi Trust


Mesabi Trust

Basic MaterialsIndustrial Metals and Mining
  • Price (USD)27.63
  • Today's Change0.47 / 1.73%
  • Shares traded76.69k
  • 1 Year change-19.26%
  • Beta0.8969
Data delayed at least 15 minutes, as of Aug 12 2022 21:10 BST.
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About the company

Mesabi Trust is a royalty trust that operates in the iron ore mining segment. The purpose of the Trust is to conserve and protect the Trust Estate. 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 Land.

  • Revenue in USD (TTM)76.25m
  • Net income in USD73.79m
  • Incorporated1961
  • Employees0.00
  • Location
    Mesabi Trust60 Wall St Fl 27NEW YORK 10008-0318United StatesUSA
  • Phone+1 (212) 250-6519
  • Fax+1 (615) 835-2700
  • Websitehttp://www.mesabi-trust.com/
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
(YOY change %)
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
(5 yr growth rate)
Nabors Energy Transition Corp0.00-474.64k346.04m4.00---------0.0137-0.01370.00--0.00----0.00-0.3352---0.3355--------------0.00--------------
ESGEN Acquisition Corp-100.00bn-100.00bn348.11m----1.31----------7.68----------------------------0.0007--------------
Athena Technology Acquisition Corp II0.00-118.74k348.23m----1.40-----0.0108-0.01080.007.07----------------------------0.00--------------
LAMF Global Ventures I Corp-100.00bn-100.00bn348.57m----1.40----------7.15----------------------------0.00--------------
Warburg Pincus Capital I-A Corp0.003.98m349.32m--90.181.31----0.10960.10960.007.570.00------1.48--1.48--------------0.00-------29.65------
Mesabi Trust76.25m73.79m349.65m0.004.8111.55--4.665.625.625.812.342.11--12.37--204.61141.37334.49260.40----96.7795.27----0.0089.85175.3745.69193.7747.76--19.38
MFS Intermediate Income Trust-100.00bn-100.00bn350.11m--------------------------------------------------------------
First Trust Enhanced Equity Income Fund-100.00bn-100.00bn351.00m--------------------------------------------------------------
USHG Acquisition Corp0.00-5.02m351.49m----1.36-----0.5474-0.54740.007.210.00-------1.74---1.74--------------0.0019-------69,602.70------
Alpha Partners Technology Merger Corp0.005.96m352.37m--59.171.30----0.16460.16460.007.460.00------4.17--4.19--------------0.00--------------
Concord Acquisition Corp0.00-5.10m352.52m2.00--1.36-----0.1448-0.14480.007.360.00-------1.84---1.84--------------0.0004-------11,853.97------
Golden Arrow Merger Corp0.005.52m352.91m--64.171.2959.69--0.1530.1530.007.630.00------2.04--2.05--------------0.0019--------------
L Catterton Asia Acquisition Corp0.0011.31m353.12m--31.201.31----0.31610.31610.007.540.00------3.92--3.94--------------0.00--------------
Putnam Managed Municipal Income Trust18.69m-46.76m353.13m----1.05--19.05-0.9591-0.95910.38249.010.0355-------8.843.72-9.063.7881.7683.52-249.0289.82--0.24210.101994.01-4.73-6.76416.381.39---2.69
Data as of Aug 12 2022. Currency figures normalised to Mesabi Trust's reporting currency: US Dollar USD

Institutional shareholders

32.72%Per cent of shares held by top holders
HolderShares% Held
Horizon Kinetics Asset Management LLCas of 30 Jun 20222.63m20.04%
ValueWorks LLCas of 31 Mar 2022718.77k5.48%
Beddow Capital Management, Inc.as of 30 Jun 2022428.41k3.27%
MRM-Horizon Advisors LLCas of 31 Mar 2022192.13k1.46%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Mar 2022100.80k0.77%
Moors & Cabot, Inc. (Investment Management)as of 31 Mar 202261.80k0.47%
RBC Dominion Securities, Inc. (Investment Management)as of 31 Mar 202256.72k0.43%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 31 Mar 202247.14k0.36%
SFE Investment Counsel Inc.as of 31 Mar 202230.69k0.23%
OFI Asset Management SAas of 31 Mar 202228.20k0.22%
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Data from 31 Mar 2022 - 29 Jul 2022Source: FactSet Research Systems Inc.
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