Mesabi Trust


Mesabi Trust

Basic MaterialsIndustrial Metals and Mining
  • Price (USD)22.92
  • Today's Change-0.45 / -1.93%
  • Shares traded43.63k
  • 1 Year change-10.89%
  • Beta0.9077
Data delayed at least 15 minutes, as of Dec 03 2021 21:10 GMT.
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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)53.71m
  • Net income in USD50.45m
  • Incorporated1961
  • Employees0.00
  • Location
    Mesabi Trust60 Wall St Fl 27NEW YORK 10005-2837United 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)
Thunder Bridge Capital Partners IV Inc-100.00bn-100.00bn295.80m----1.32----------7.43----------------------------0.00--------------
Climate Real Impact Sltns II Acqstn Corp-100.00bn-100.00bn297.65m----0.2678----------36.82----------------------------0.00--------------
Nuveen Amt-Free Municipal Value Fund9.34m34.05m297.99m--8.020.9511--31.902.072.070.558317.450.0328--5.87--11.95--12.09--83.28--364.46------0.0102---15.82---77.92------
MSC Income Fund Inc86.48m66.93m299.09m--4.470.4957--3.460.83860.83861.087.560.0869------6.733.606.843.6764.5456.6777.3937.64----0.4068126.93-22.435.81-124.64-----12.94
Nuveen S&P 500 Dynamic Overwrite Fund-100.00bn-100.00bn299.65m0.00------------------------------------------------------------
Mesabi Trust53.71m50.45m300.71m0.005.967.72--5.603.853.854.092.971.98--7.29--186.26122.65197.59221.23----93.9394.42----0.0094.75-18.8821.70-22.1222.29----
ITHAX Acquisition Corp-100.00bn-100.00bn300.91m----1.34----------7.29----------------------------0.00--------------
Nuveen Virginia Quality Mncpl Incm Fund-100.00bn-100.00bn302.25m--------------------------------------------------------------
Juniper II Corp-100.00bn-100.00bn303.04m-----------------0.0005--------------------------------------------
Tortoise Energy Infrastructure Corp.4.21m115.30m303.24m--2.780.7823--72.029.659.650.364734.310.0077--0.0778--21.16-6.6022.52-6.67-14.41-142.292,738.37-1,608.97----0.2708---66.01-21.24-200.79-----15.59
Riverview Acquisition Corp-100.00bn-100.00bn304.06m----18,877.90----------0.0005----------------------------0.8763--------------
Pimco CA Muni. Income Fund II-100.00bn-100.00bn304.46m0.00------------------------------------------------------------
BlackRock MuniHoldings QualityFnd II Inc19.27m21.01m305.16m--14.520.935--15.840.93290.93290.855720.310.0373--428,232.20--4.072.334.092.3676.9371.38109.0357.18----0.1163122.06-1.93-3.3017.62-7.94---5.51
Stratim Cloud Acquisition Corp-100.00bn-100.00bn305.31m----0.2613----------37.39----------------------------0.00--------------
Property Solutions Acquisition Corp II-100.00bn-100.00bn305.76m----1.32----------7.39----------------------------0.00--------------
Monument Circle Acquisition Corp-100.00bn-100.00bn305.94m----1.33----------7.38----------------------------0.00--------------
Data as of Dec 03 2021. Currency figures normalised to Mesabi Trust's reporting currency: US Dollar USD

Institutional shareholders

26.66%Per cent of shares held by top holders
HolderShares% Held
Horizon Kinetics Asset Management LLCas of 31 Oct 20212.11m16.04%
Beddow Capital Management, Inc.as of 30 Sep 2021390.09k2.97%
SFE Investment Counsel Inc.as of 30 Sep 2021252.60k1.93%
MRM-Horizon Advisors LLCas of 30 Sep 2021188.90k1.44%
ValueWorks LLCas of 30 Sep 2021184.10k1.40%
BlackRock Fund Advisorsas of 30 Sep 2021126.24k0.96%
Essex Financial Services, Inc.as of 30 Sep 202183.31k0.64%
Bramshill Investments LLCas of 30 Sep 202161.56k0.47%
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Sep 202157.46k0.44%
City National Rochdale LLCas of 30 Sep 202148.62k0.37%
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Data from 30 Sep 2021 - 30 Sep 2021Source: FactSet Research Systems Inc.
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