Magnetite Mines (ASX:MGT) Buyback Yield %: -79.67 (As of Jul. 06, 2026)


What is Magnetite Mines Buyback Yield %?

Magnetite Mines ASX:MGT -9.52% Buyback Yield % is -79.67 as of Jul. 06, 2026. The stock has 4 warning signs investors should review. Among 1,415 Metals & Mining companies, Magnetite Mines ranks worse than 97.81% on this metric.

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Magnetite Mines's current buyback yield was -79.67%.

Magnetite Mines Buyback Yield % Historical Data

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The historical data trend for Magnetite Mines's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Magnetite Mines Buyback Yield % Chart

Magnetite Mines Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.06 -18.89 0.42 -22.18 -26.57

Magnetite Mines Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.44 -22.18 -31.70 -26.57 -35.83

Magnetite Mines Buyback Yield % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Magnetite Mines's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Magnetite Mines Buyback Yield % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Magnetite Mines's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Magnetite Mines's Buyback Yield % falls into.


Magnetite Mines Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Magnetite Mines's Buyback Yield for the fiscal year that ended in Jun. 2025 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-0.885 + 3.576) / 10.126286291
=-26.57%

Magnetite Mines's annualized Buyback Yield for the quarter that ended in Dec. 2025 is calculated as

Buyback Yield=Net Issuance of Stock(TTM) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) (TTM)** / Market Cap
=- (0 + 3.813) / 10.64286
=-35.83%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** If the quarter corresponds to the year-end period, we will use the annual Repurchase of Stock and Issuance of Stock data .

Frequently Asked Questions Learn more about Buyback Yield % →
What does a Buyback Yield % of -79.67 mean?
Magnetite Mines (ASX:MGT) has a Buyback Yield % of -79.67 as of Jul. 06, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Magnetite Mines and its competitors. According to the industry distribution chart, Magnetite Mines ranks #1384 out of 1415 companies in the Metals & Mining industry, placing it in the top 97.8%.
Is Magnetite Mines' Buyback Yield % too high?
Magnetite Mines' current Buyback Yield % is -79.67. Based on the distribution chart, Magnetite Mines ranks #1384 out of 1415 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Magnetite Mines' Buyback Yield % compare to competitors?
According to the Metals & Mining industry distribution chart, Magnetite Mines ranks #1384 out of 1415 companies for Buyback Yield %. This places Magnetite Mines in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a Metals & Mining company?
A good Buyback Yield % depends on the Metals & Mining industry context. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Magnetite Mines and its competitors. Magnetite Mines's current Buyback Yield % is -79.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnetite Mines stock overvalued right now?
Magnetite Mines (ASX:MGT) has a current Buyback Yield % of -79.67. The current Buyback Yield % is -79.67. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Magnetite Mines (ASX:MGT), the current Buyback Yield % is -79.67 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Magnetite Mines Business Description

Other Exchanges R8Q1:Germany
Address 30 Currie Street, Suite 3, Level 3, Adelaide, SA, AUS, 5000
Magnetite Mines Ltd is a mineral exploration company. It shows interest in the Razorback Iron Project located in the province of South Australia. The group operates in one operating segment and one geographical area, which is Mineral Exploration in Australia. The company's other projects include the Muster Dam Iron Ore Project and Others.