Current Price

A$0.0600

7 Days Forecast

â–² A$0.0922

1-Year Forecast *

â–¼ A$0.0563

5-Year Forecast *

â–² A$0.0600

Historical index on ASX Stock Market : D "Should I invest in Magnetite Mines stock?" "Should I trade "MGT" stock today?" According to our live Forecast System, Magnetite Mines Limited stock is a bad long-term (1-year) investment*. "MGT" stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Q&A about "MGT" projections. See Our Other Forecasts
At Walletinvestor.com we predict future values with technical analysis for wide selection of stocks like Magnetite Mines Limited (MGT). If you are looking for stocks with good return, Magnetite Mines Limited can be a bad, high-risk 1-year investment option. Magnetite Mines Limited quote is equal to 0.0600 AUD at 2026-02-15, but your current investment may be devalued in the future.

Magnetite Mines Limited Forecast, Short-Term MGT ASX Stock Price Prediction for Next Days and Weeks

Magnetite Mines Limited Forecast, Long-Term Price Predictions for Next Months and Year: 2026, 2027, 2028, 2029, 2030

MGT Target Price

Magnetite Mines Limited price target in 14 days: A$0.1025* upside and A$0.0891* downside. (Highest and lowest possible predicted price in a 14 day period)

Magnetite Mines Limited forecast* for tomorrow, and next weeks based on the last 30 days

MGT forecast for the upcoming days

DatePriceMin PriceMax Price
2025-11-05 A$0.1025 A$0.0975 A$0.1046
2025-11-06 A$0.0966 A$0.0920 A$0.0990
2025-11-07 A$0.0930 A$0.0883 A$0.0957
2025-11-08 A$0.0922 A$0.0891 A$0.0941
2025-11-09 A$0.0966 A$0.0924 A$0.0995
2025-11-10 A$0.0922 A$0.0904 A$0.0954
2025-11-11 A$0.0937 A$0.0917 A$0.0962
2025-11-12 A$0.0935 A$0.0899 A$0.0971
2025-11-13 A$0.0935 A$0.0911 A$0.0957
2025-11-14 A$0.0891 A$0.0867 A$0.0923
2025-11-15 A$0.0935 A$0.0892 A$0.0979
2025-11-16 A$0.0928 A$0.0900 A$0.0947
2025-11-17 A$0.0935 A$0.0903 A$0.0957
2025-11-18 A$0.0920 A$0.0880 A$0.0950

14 Days Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025-11-03 A$0.0590 A$0.0590 A$0.0590 A$0.0590
2025-11-02 A$0.0630 A$0.0630 A$0.0630 A$0.0630
2025-11-01 A$0.0630 A$0.0630 A$0.0630 A$0.0630
2025-10-31 A$0.0610 A$0.0630 A$0.0610 A$0.0630
2025-10-30 A$0.0590 A$0.0580 A$0.0580 A$0.0590
2025-10-29 A$0.0580 A$0.0570 A$0.0570 A$0.0580
2025-10-28 A$0.0580 A$0.0590 A$0.0580 A$0.0590
2025-10-27 A$0.0600 A$0.0590 A$0.0590 A$0.0600
2025-10-26 A$0.0590 A$0.0590 A$0.0590 A$0.0590
2025-10-25 A$0.0590 A$0.0590 A$0.0590 A$0.0590
2025-10-24 A$0.0590 A$0.0590 A$0.0590 A$0.0590
2025-10-23 A$0.0610 A$0.0590 A$0.0590 A$0.0610
2025-10-22 A$0.0610 A$0.0600 A$0.0600 A$0.0610
2025-10-21 A$0.0630 A$0.0610 A$0.0610 A$0.0630

Stock Info

General
CEO: Timothy Leigh Dobson BAppSc, GAICD, MAusIMM
Exchange: ASX
Industry: Industrial Materials
Sector: Basic Materials
Symbol: MGT
Type: stock
Website: https://www.magnetitemines.com
Splits & Dividends
Last Split Factor: 1013:1000
Last Split Date: 2023-10-30

Pivot, Resistance and Support Levels

Calculation For Trading:
Resistance Level (R3): A$0.0590
Resistance Level (R2): A$0.0590
Resistance Level (R1): A$0.0590
Pivot Point: A$0.0590
Support Level (S1): A$0.0590
Support Level (S2): A$0.0590
Support Level (S3): A$0.0590

Bullish or Bearish?

Based on the last 30 days

Stock Stats

Historical data:
Market Cap (Previous Close): 8.36 M
Price in AUD (Previous Close): 0.060
Share Volume (Previous Close): 371.10 K
Price in AUD (Last): 0.060
52 Week Change: 383.333
Beta: 0.3
52week High: 0.29
52week Low: 0.0600
Forecast data:
52 Week High: 0.121
52 Week Low: 0.038
45-Day Moving Average: 0.081
90-Day Moving Average: 0.087

Questions & Answers about Magnetite Mines Limited Projection

What is the Magnetite Mines Limited price today?

The MGT stock price is A$0.0600 today.

Will Magnetite Mines Limited price grow / rise / go up?

No. The MGT price may drop from A$0.0600 to A$0.0563.

Will MGT stock price crash?

According to our analysis, this will not happen.

Will MGT price hit "A$10" in a year?

Not within a year. See above.

Will MGT price hit "A$20" in a year?

Not within a year. See above.

Will MGT price hit "A$50" in a year?

Not within a year. See above.

Magnetite Mines Limited (MGT) Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027.

Date Opening price Closing price Minimum price Maximum price Change
Magnetite Mines Limited Forecast for 2025
November 2025A$0.0590A$0.0745A$0.0590A$0.102526.26 % â–²
December 2025A$0.0738A$0.0906A$0.0599A$0.121222.77 % â–²
Magnetite Mines Limited Forecast for 2026
January 2026A$0.0920A$0.0847A$0.0825A$0.09357.94 % â–¼
February 2026A$0.0869A$0.0628A$0.0621A$0.087627.73 % â–¼
March 2026A$0.0665A$0.0613A$0.0570A$0.06877.69 % â–¼
April 2026A$0.0613A$0.0555A$0.0555A$0.06729.52 % â–¼
May 2026A$0.0555A$0.0431A$0.0431A$0.058422.37 % â–¼
June 2026A$0.0438A$0.0459A$0.0424A$0.06874.74 % â–²
July 2026A$0.0481A$0.0459A$0.0415A$0.07404.61 % â–¼
August 2026A$0.0474A$0.0392A$0.0385A$0.047417.19 % â–¼
September 2026A$0.0392A$0.0422A$0.0378A$0.04447.55 % â–²
October 2026A$0.0400A$0.0540A$0.0385A$0.054835.18 % â–²
November 2026A$0.0570A$0.0415A$0.0408A$0.060727.11 % â–¼
December 2026A$0.0401A$0.0371A$0.0371A$0.04757.41 % â–¼
Magnetite Mines Limited Forecast for 2027
January 2027A$0.0371A$0.0267A$0.0267A$0.042328.00 % â–¼
February 2027A$0.0275A$0.0245A$0.0245A$0.029710.81 % â–¼
March 2027A$0.0248A$0.0208A$0.0193A$0.024816.17 % â–¼
April 2027A$0.0208A$0.0163A$0.0156A$0.020821.43 % â–¼
May 2027A$0.0171A$0.0148A$0.0134A$0.017113.04 % â–¼
June 2027A$0.0163A$0.0171A$0.0163A$0.02004.55 % â–²
July 2027A$0.0163A$0.0148A$0.0148A$0.01789.09 % â–¼
August 2027A$0.0148A$0.0132A$0.0117A$0.014811.00 % â–¼
September 2027A$0.0131A$0.0114A$0.0104A$0.018313.01 % â–¼
October 2027A$0.0114A$0.0077A$0.0077A$0.011432.22 % â–¼
November 2027A$0.0080A$0.0078A$0.0078A$0.00801.59 % â–¼

> Page 2: detailed data / price table <

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* Our share forecasts and predictions are made by Machine Learning & Ai, and shouldn't been used for financial decisions. We can't guarantee any profit.