Mesabi Trust (MSB) is a Precious Metals company listed on NYSE. In the last 30 days Quantisnow tracked 3 wire items for MSB, including 2 SEC filings and 1 press release or news item. The most recent was published Nov 2, 2026.
Financial highlights
Full financials- Revenue, TTM
- $20.79M
- Revenue growth
- -78.8%
- Net income, TTM
- $17.21M
- Net margin
- 82.8%
- Cash
- $17.39M
For the twelve months ended Oct 31, 2025, from SEC filings. Not investment advice.
News · 26 weeks8+100%
2026-05-102026-11-01
Mix490d
- SEC Filings3(75%)
- Other1(25%)
Latest news
25 items- SECMesabi Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure8-K - MESABI TRUST (0000065172) (Filer)
- SECSEC Form 8-K filed by Mesabi Trust8-K - MESABI TRUST (0000065172) (Filer)
- PRMesabi Trust Announcement of No DistributionThe Trustees of Mesabi Trust (NYSE:MSB) have determined that no distribution has been declared this quarter, and no distribution will be paid in November 2026, with respect to Units of Beneficial Interest. This compares to a thirty-four cents ($0.34) per Unit distribution declared for the same period last year. The Trustees’ announcement today of declaring no distribution this quarter reflects consideration of several factors. The Trustees’ current distribution determination primarily reflects that the total royalty payments received by the Trust of $1,807,779 on July 30, 2026, from Cleveland-Cliffs Inc. ("Cliffs"), the parent company of Northshore Mining Company ("Northshore"), included
- SECSEC Form 10-Q filed by Mesabi Trust10-Q - MESABI TRUST (0000065172) (Filer)
- SECMesabi Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure8-K - MESABI TRUST (0000065172) (Filer)
- SECMesabi Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - MESABI TRUST (0000065172) (Filer)
- PRMesabi Trust Press ReleaseAnnouncement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five cents ($0.05) per Unit of Beneficial Interest ("Unit"), payable on August 20, 2026, to Mesabi Trust Unitholders of record at the close of business on July 30, 2026. This compares to a twelve cents ($0.12) per Unit distribution declared for the same period last year. The Trustees’ announcement today of a five cents ($0.05) per Unit distribution, as compared to the twelve cents ($0.12) per Unit distribution announced by the Trust at the same time last year, reflects the consideration of several factors. In particular, the Trustees’ current distribution determination reflects t
- SECSEC Form 10-Q filed by Mesabi Trust10-Q - MESABI TRUST (0000065172) (Filer)
- SECMesabi Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits8-K - MESABI TRUST (0000065172) (Filer)
- PRMesabi Trust Press ReleaseQuarterly Royalty Report and Royalty Payment On April 30, 2026, 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, 2026 (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 shipments of iron ore products by Northshore during the three months ended March 31, 2026, Mesabi Trust was credited with a base royalty of $1,201,501. For the three months ended March 31, 2026, Mesabi Trust was also credited with a bonus royalty in the amount of $0 (
- SECSEC Form 10-K filed by Mesabi Trust10-K - MESABI TRUST (0000065172) (Filer)
- SECMesabi Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - MESABI TRUST (0000065172) (Filer)
- PRMesabi Trust Press ReleaseAnnouncement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of twenty-four cents ($0.24) per Unit of Beneficial Interest payable on May 20, 2026 to Mesabi Trust Unitholders of record at the close of business on April 30, 2026. This compares to a fifty-six cents ($0.56) per Unit distribution declared for the same period last year. The Trustees' announcement today of a twenty-four cents ($0.24) per Unit distribution, as compared to a fifty-six cents ($0.56) per Unit distribution announced by the Trust at the same time last year, reflects consideration of a number of factors. In particular, the Trustees' current distribution determination r
- SECMesabi Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure8-K - MESABI TRUST (0000065172) (Filer)
- SECMesabi Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - MESABI TRUST (0000065172) (Filer)
- PRMesabi Trust Press ReleaseAnnouncement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of twenty-six cents ($0.26) per Unit of Beneficial Interest payable on February 20, 2026 to Mesabi Trust Unitholders of record at the close of business on January 30, 2026. This compares to a five dollar ninety-five cents ($5.95) per Unit distribution declared for the same period last year. The Trustees' announcement today of a twenty-six cents ($0.26) per Unit distribution, as compared to the five dollar ninety-five cents ($5.95) per Unit distribution announced by the Trust at the same time last year, primarily reflects the Trustees' decision a year ago to include in that distr
- SECSEC Form 10-Q filed by Mesabi Trust10-Q - MESABI TRUST (0000065172) (Filer)
- SECMesabi Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure8-K - MESABI TRUST (0000065172) (Filer)
- SECMesabi Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - MESABI TRUST (0000065172) (Filer)
- PRMesabi Trust Press ReleaseAnnouncement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-four cents ($0.34) per Unit of Beneficial Interest payable on November 20, 2025 to Mesabi Trust Unitholders of record at the close of business on October 30, 2025. This compares to a thirty-nine cents ($0.39) per Unit distribution declared for the same period last year. The Trustees' announcement today of a thirty-four cents ($0.34) per Unit distribution, as compared to the thirty-nine cents ($0.39) per Unit distribution announced by the Trust at the same time last year, reflects consideration of a number of factors. In particular, the Trustees' current distribution determ
- SECMesabi Trust filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits8-K - MESABI TRUST (0000065172) (Filer)
- PRMesabi Trust Press ReleaseCommencement of Arbitration On September 26, 2025, Mesabi Trust initiated arbitration against Northshore Mining Company ("Northshore") and its parent, Cleveland Cliffs Inc. ("Cliffs") and (Northshore and Cliffs, jointly, the "Operator"), the lessee/operator of the leased lands. Mesabi Trust commenced the arbitration proceeding through the American Arbitration Association. Mesabi Trust seeks damages and declaratory relief relating to the Operator's idling of Northshore's operations from May 2022 to April 2023 and underpayment of royalties on intercompany shipments from 2023 through the present. Forward-Looking Statements This press release contains certain forward-looking statements wh
- SECSEC Form 10-Q filed by Mesabi Trust10-Q - MESABI TRUST (0000065172) (Filer)
- SECMesabi Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure8-K - MESABI TRUST (0000065172) (Filer)
- SECMesabi Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - MESABI TRUST (0000065172) (Filer)
MSB FAQ
9 questionsWhat does Mesabi Trust do?
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.What is the latest news on MSB?
In the last 30 days Quantisnow tracked 3 wire items for MSB: 2 SEC filings and 1 press release or news item. The most recent was published on November 2, 2026.What is MSB revenue?
Mesabi Trust (MSB) reported $20.79M of revenue for the twelve months ended Oct 31, 2025. That is down 78.8% from the year before. Revenue for fiscal 2024 was $98.60M.Is MSB profitable?
Yes. Mesabi Trust earned $17.21M in net income for the twelve months ended Oct 31, 2025, a net margin of 82.8%.How much cash and debt does MSB have?
Mesabi Trust reported $17.39M in cash and cash equivalents on its most recent balance sheet in SEC filings.Where does MSB stock trade?
Mesabi Trust (MSB) is listed on NYSE.What sector and industry is MSB in?
Mesabi Trust operates in the Industrials sector, Precious Metals industry.What companies are similar to MSB?
Notable peers in the same industry include NEM (Newmont Corporation), AEM (Agnico Eagle Mines Limited), B (Barrick Mining Corporation), WPM (Wheaton Precious Metals Corp), FNV (Franco-Nevada Corporation). Compare MSB side-by-side with any of them on Quantisnow.How can I track MSB on Quantisnow?
Quantisnow aggregates Mesabi Trust's SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow MSB to receive live email and push alerts on every new disclosure.