MSB
Mesabi TrustMSB
MSB
About: Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
233% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 9
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
35% more call options, than puts
Call options by funds: $492K | Put options by funds: $364K
5% more funds holding
Funds holding: 59 [Q4 2024] → 62 (+3) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]
2.3% less ownership
Funds ownership: 46.27% [Q4 2024] → 43.98% (-2.3%) [Q1 2025]
8% less capital invested
Capital invested by funds: $171M [Q4 2024] → $157M (-$13.8M) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for MSB.
Financial journalist opinion
Negative
Seeking Alpha
1 month ago
Mesabi Trust: Partial Idle At Hibbing Taconite
While Mesabi Trust legal expenses should come down and help the bottom line, the royalty report shows that volumes are down in Q1. Moreover, CLF announced a partial idling at Hibbing Taconite amid tougher market conditions, which should affect MSB royalty attribution. We aren't confident enough about the economy to favor commodity-indexed and cycle-indexed exposures.
Neutral
Business Wire
1 month ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Receipt of Quarterly Royalty Report and Royalty Payment On April 30, 2025, the Trustees of Mesabi Trust received the Royalty Report from Cliffs, the parent company of Northshore. As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2025, Mesabi Trust was credited with a base royalty of $ 1,067,762. For the three months ended March 31, 2025, Mesabi Trust was also credi.
Neutral
Business Wire
1 month ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of fifty-six cents ($0.56) per Unit of Beneficial Interest payable on May 20, 2025 to Mesabi Trust Unitholders of record at the close of business on April 30, 2025. This compares to a twenty-nine cents ($0.29) per Unit distribution declared for the same period last year. The Trustees' announcement today of a fifty-six cents ($0.56) per Unit distribution, as compar.
Positive
Seeking Alpha
4 months ago
Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up
Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up
Neutral
Business Wire
4 months ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five dollars ninety-five cents ($5.95) per Unit of Beneficial Interest payable on February 20, 2025 to Mesabi Trust Unitholders of record at the close of business on January 30, 2025. This compares to a thirty-seven cents ($0.37) per Unit distribution declared and paid for the same period last year. The Trustees' announcement today of a five dollars ninety-five.
Neutral
Business Wire
7 months ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-nine cents ($0.39) per Unit of Beneficial Interest payable on November 20, 2024 to Mesabi Trust Unitholders of record at the close of business on October 30, 2024. This compares to a thirty-five cents ($0.35) per Unit distribution declared for the same period last year. The Trustees' announcement today of a thirty-nine cents ($0.39) per Unit distribution.
Neutral
Business Wire
9 months ago
MESABI TRUST Announces Arbitration Final Award
NEW YORK--(BUSINESS WIRE)--AAA Arbitration Final Award As previously reported, on October 14, 2022, Mesabi Trust initiated arbitration against Northshore Mining Company (“Northshore”), the lessee/operator of the leased lands, and its parent, Cleveland-Cliffs Inc. (“Cliffs”), with the American Arbitration Association (“AAA”). The Trust sought an award of damages relating to Cliffs' and Northshore's underpayment of royalties in 2020, 2021, and the first four months of 2022 by virtue of Cliffs' an.
Neutral
Business Wire
11 months ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty cents ($0.30) per Unit of Beneficial Interest payable on August 20, 2024 to Mesabi Trust Unitholders of record at the close of business on July 30, 2024. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a thirty cents ($0.30) per Unit distribution, as compared to no distribution announced by the.
Positive
Seeking Alpha
1 year ago
If Fed Doesn't Get Serious About Inflation, Buy Mesabi Trust (Rating Upgrade)
Recent developments, such as the mid-2023 resumption of mining operations by Cleveland-Cliffs on trust leases and the Federal Reserve's reluctance to raise interest rates, suggest potential upside for Mesabi. Increasing odds for a turnaround in China's economy, alongside an approaching arbitration judgment over underpaid royalties, are additional reasons to consider investing in MSB stock. A low-volatility basing pattern over the last 12 months could support a price breakout and material gains for investors buying around $17.
Neutral
Business Wire
1 year ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Mesabi Trust (NYSE: MSB): Receipt of Quarterly Royalty Report and Royalty Payment On April 30, 2024, the Trustees of Mesabi Trust (NYSE: MSB) received the quarterly royalty report of iron ore shipments from Silver Bay, Minnesota during the quarter ended March 31, 2024 (the “Royalty Report”) from Cleveland-Cliffs Inc. (“Cliffs”), the parent company of Northshore Mining Company (“Northshore”). As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipmen.
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