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MESABI TRUST

corporate_fare Company Profile

MESABI TRUST

MSB·NYSE·Energy & Transportation·CIK 0000065172

Mesabi Trust is a royalty trust involved in the iron ore mining business. The Trust operates in the United States. Mesabi Trust was incorporated in 1961 and is based in New York, New York.

MESABI TRUST (NYSE:MSB) is a publicly traded company in the Energy & Transportation sector. Wiseek monitors MSB SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Mesabi Trust Slashes Distribution to $0.05/Unit, Down 58% YoY, as Royalty Income Dries Up
  • Mesabi Trust Q1 Revenue Plunges 52%, EPS Down 70% on Royalty Income Decline
  • Mesabi Trust Reports 70% Net Income Drop, Zero Bonus Royalties Amid Legal Disputes
  • Mesabi Trust Reports No Bonus Royalty for Q1 2026, First Time in Years
  • Annual Report Reveals Steep Decline in Royalties and Distributions Amidst New Arbitration and Operational Shifts

Financial Snapshot

Fiscal year ended January 31, 2026
Revenue
$17.52M
Net Income
$13.87M
Op. Cash Flow
$14.4M
Gross Profit
$13.87M
Cash & Equivalents
$23.16M
Debt / Equity
0.00×
Net Margin
79.1%
Shares Outstanding
13.12M sh
Source: 10-K · filed 2026-04-22 · accession 0001104659-26-046864
$22.9
52-week range · as of 2026-07-14 $22.9 – $42.38
Market cap
$300.45M
Volume
56.2K (1.2× avg)
3-mo avg 45.2K
Live data · 2026-07-29 11:20 UTC · Pre-market

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feed MSB - Latest Insights

MSB
Jul 14, 2026, 4:45 PM EDT
Filing Type: 8-K
Importance Score:
7
Mesabi Trust Slashes Distribution to $0.05/Unit, Down 58% YoY, as Royalty Income Dries Up
Price at Filing: $24.41
Real-time Price: $22.90 info
Change: -$1.51 (-6%) info
Market Cap: $300.448M info
Sentiment: Negative
View Wiseek Article
MSB
Jun 12, 2026, 4:21 PM EDT
Source: Wiseek News
Importance Score:
8
Mesabi Trust Q1 Revenue Plunges 52%, EPS Down 70% on Royalty Income Decline
Price at Filing: $25.88
Real-time Price: $22.90 info
Change: -$2.98 (-12%) info
Market Cap: $300.448M info
Sentiment: Negative
View Wiseek Article
MSB
Jun 12, 2026, 4:15 PM EDT
Filing Type: 10-Q
Importance Score:
8
Mesabi Trust Reports 70% Net Income Drop, Zero Bonus Royalties Amid Legal Disputes
Price at Filing: $25.88
Real-time Price: $22.90 info
Change: -$2.98 (-12%) info
Market Cap: $300.448M info
Sentiment: Negative
View Wiseek Article
MSB
May 04, 2026, 4:30 PM EDT
Filing Type: 8-K
Importance Score:
7
Mesabi Trust Reports No Bonus Royalty for Q1 2026, First Time in Years
Price at Filing: $27.60
Real-time Price: $22.90 info
Change: -$4.70 (-17%) info
Market Cap: $300.448M info
Sentiment: Negative
View Wiseek Article
MSB
Apr 22, 2026, 4:30 PM EDT
Filing Type: 10-K
Importance Score:
9
Annual Report Reveals Steep Decline in Royalties and Distributions Amidst New Arbitration and Operational Shifts
Price at Filing: $28.64
Real-time Price: $22.90 info
Change: -$5.74 (-20%) info
Market Cap: $300.448M info
Sentiment: Negative
View Wiseek Article
MSB
Apr 14, 2026, 4:30 PM EDT
Filing Type: 8-K
Importance Score:
7
Mesabi Trust Slashes Quarterly Distribution by Over 50% Amid Lower Royalty Payments
Price at Filing: $32.64
Real-time Price: $22.90 info
Change: -$9.74 (-30%) info
Market Cap: $300.448M info
Sentiment: Negative
View Wiseek Article
MSB
Feb 03, 2026, 4:30 PM EST
Filing Type: 8-K
Importance Score:
8
Mesabi Trust Reports $4.94M Quarterly Royalty Payment, Down 14% in Tonnage Year-Over-Year
Price at Filing: $35.66
Real-time Price: $22.90 info
Change: -$12.76 (-36%) info
Market Cap: $300.448M info
Sentiment: Negative
View Wiseek Article
MSB
Jan 16, 2026, 4:21 PM EST
Filing Type: 8-K
Importance Score:
8
Mesabi Trust Declares Significantly Lower Distribution Due to Non-Recurring Revenue and Reduced Royalties
Price at Filing: $37.82
Real-time Price: $22.90 info
Change: -$14.92 (-39%) info
Market Cap: $300.448M info
Sentiment: Negative
View Wiseek Article