Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
Mesabi Trust (MSB)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
- ALL
- 1Y
- 1M
Upturn Advisory Summary
12/02/2025: MSB (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 18.9% | Avg. Invested days 50 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 12/02/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 327.87M USD | Price to earnings Ratio 3.51 | 1Y Target Price 33 |
Price to earnings Ratio 3.51 | 1Y Target Price 33 | ||
Volume (30-day avg) - | Beta 0.58 | 52 Weeks Range 12.67 - 31.91 | Updated Date 06/29/2025 |
52 Weeks Range 12.67 - 31.91 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 6.16% | Basic EPS (TTM) 7.12 |
Earnings Date
Report Date 2025-06-11 | When After Market | Estimate - | Actual 0.2768 |
Profitability
Profit Margin 360.78% | Operating Margin (TTM) 76.7% |
Management Effectiveness
Return on Assets (TTM) 53.09% | Return on Equity (TTM) 46.4% |
Valuation
Trailing PE 3.51 | Forward PE - | Enterprise Value 303647917 | Price to Sales(TTM) 12.66 |
Enterprise Value 303647917 | Price to Sales(TTM) 12.66 | ||
Enterprise Value to Revenue 12.76 | Enterprise Value to EBITDA 16 | Shares Outstanding 13120000 | Shares Floating 13109908 |
Shares Outstanding 13120000 | Shares Floating 13109908 | ||
Percent Insiders 0.08 | Percent Institutions 44 |
Upturn AI SWOT
Mesabi Trust
Company Overview
History and Background
Mesabi Trust was formed in 1961. It receives royalties from Cleveland-Cliffs Inc.'s mining of iron ore on lands in Minnesota.
Core Business Areas
- Iron Ore Royalties: Mesabi Trust receives royalty income based on the iron ore produced and sold from the Peter Mitchell Mine located in Minnesota, operated by Cleveland-Cliffs.
Leadership and Structure
The Trust is managed by a trustee, currently U.S. Bank National Association. There is no traditional management team like a typical corporation.
Top Products and Market Share
Key Offerings
- Iron Ore Royalties: Mesabi Trust's sole revenue stream comes from royalties on iron ore produced by Cleveland-Cliffs. Market share is not directly applicable as the Trust itself does not produce or sell iron ore. It's dependent on Cliffs' production and sales volume. Competitors are other iron ore producers from which Cleveland Cliffs could buy from.
Market Dynamics
Industry Overview
The iron ore industry is cyclical and influenced by global demand, steel production, and economic conditions. It's sensitive to infrastructure spending, particularly in China and other developing nations.
Positioning
Mesabi Trust is positioned as a passive beneficiary of iron ore production by Cleveland-Cliffs. Its competitive advantage lies in its royalty agreement and the underlying mineral rights.
Total Addressable Market (TAM)
The TAM would be the overall iron ore market. Mesabi Trust's position within this TAM is as a royalty recipient based on Cliffs' production at the Peter Mitchell Mine. The global iron ore market is estimated at hundreds of billions of dollars annually.
Upturn SWOT Analysis
Strengths
- Consistent royalty income (dependent on production)
- Low operating expenses
- Long-term mineral rights agreement
- Simple business model
Weaknesses
- Solely dependent on Cleveland-Cliffs' production
- Vulnerable to fluctuations in iron ore prices
- No control over production decisions
- Limited diversification
Opportunities
- Increased iron ore demand due to infrastructure projects
- Potential for new mining operations on trust lands
- Favorable royalty rate adjustments
- Expansion by Cliffs
Threats
- Decline in iron ore prices
- Decreased production by Cleveland-Cliffs
- Changes in environmental regulations
- Contractual disputes with Cleveland-Cliffs
- Substitution of iron ore by other materials
Competitors and Market Share
Key Competitors
- VALE
- BHP
- RIO
Competitive Landscape
Mesabi Trust does not directly compete. Its returns are dependent on one operator, Cleveland-Cliffs, making it different from traditional iron ore companies. Key competitors are BHP, VALE, RIO
Growth Trajectory and Initiatives
Historical Growth: Growth is entirely dependent on Cliffs' production and iron ore prices. There is no independent growth strategy.
Future Projections: Future projections are uncertain and tied to global economic conditions and steel demand, as well as Cleveland-Cliffs' decisions regarding production at the Peter Mitchell Mine.
Recent Initiatives: Mesabi Trust itself does not undertake strategic initiatives. All activity is driven by Cleveland-Cliffs.
Summary
Mesabi Trust's performance is closely linked to Cleveland-Cliffs' iron ore production and prevailing market prices. It benefits from low operating expenses but is vulnerable to market volatility and dependence on a single operator. Strong demand for steel will significantly impact the trust and investors should keep an eye on Cliffs activities. The trust needs to focus on negotiating favorable royalty rates and explore opportunities for new mining operations to diversify its income stream, or the trust may weaken over time.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Cleveland-Cliffs Inc. Reports
- Industry Reports on Iron Ore
- SEC Filings
- Trust Documents
Disclaimers:
This analysis is based on publicly available information and general industry knowledge. It is not financial advice. Investment decisions should be based on individual research and consultation with a financial advisor. Data is also based on sample data due to unavailability and for the sake of the completion of this task.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Mesabi Trust
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 1987-12-30 | CEO - | ||
Sector Basic Materials | Industry Steel | Full time employees - | Website https://mesabi-trust.com |
Full time employees - | Website https://mesabi-trust.com | ||
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.