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Mesabi Trust

MSB Industrials Precious Metals
$19.28
▲ +0.6% Today
as of Oct 23, 09:20 ET
Last 30 days -8.93% Sep 14 → Oct 22
$17.47 $18.46 $19.45 $20.45 $21.44 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$19.05
High
$19.44
Low
$18.92
Volume
$20,751
Avg Vol
$47,365
Mkt Cap
$254M
P/E (TTM)
—
Beta
—
52w High
$42.38
52w Low
$17.25
Div Yield
—
Shares Out
—

Recent Press Releases & News last 60 days · 2 items

Oct 15 · 20:05 PR Business Wire
Mesabi Trust Announcement of No Distribution
Sep 11 · 20:42 Associated Press
Mesabi: Fiscal Q2 Earnings Snapshot

MSB earnings at a glance

The options market is pricing a move of about ±10.6% after the report, a range of roughly $17.23 to $21.33 from today's $19.28. Over its last 2 reports the stock rose the next day 1 time and fell 1, moving ±1.4% on average; after the most recent report on Jun 12, 2025 it moved +0.9%. That means options currently expect more movement than MSB has typically delivered. Implied volatility is currently 90%. The share price of $19.28 sits near its 52-week low.

More Industrials stocks · All stocks · Earnings calendar

Overview

52-week range
$17
$42
8% of range
Avg surprise (last 0)
—
Avg reaction (last 2)
-0.4%
50% positive
Latest IV / EM
90%
EM ±10.6% · $18 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$0.28$0.33$0.37$0.42$0.46 Actual $0.46Actual $0.28Actual $0.36 Jan/2025Apr/2025Jul/2025
Revenue vs Net Income Revenue Net income
$-95,013$21M$41M$62M$83M Oct 24Apr 25Jul 25Oct 25Apr 26Jul 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Mon Sep 15, 2025Jul/2025 $0.36 — — — — earnings
Thu Jun 12, 2025Apr/2025 $0.28 — — — +0.9% earnings
Thu Apr 24, 2025Jan/2025 $0.46 — — — -1.8% earnings

Financials

Income statement (quarterly)

MetricJul 2026Apr 2026Jan 2026Oct 2025Jul 2025Apr 2025Jan 2025Oct 2024
Revenue$2M$2M—$4M$6M$5M—$79M
Cost of revenue$3M$1M—$822,987$862,873$1M—$676,315
Gross profit————————
Operating income————————
Net income$-95,013$1M—$3M$5M$4M—$78M
EPS (diluted)————————

Balance sheet (quarterly)

MetricJul 2026Apr 2026Jan 2026Oct 2025Jul 2025Apr 2025Jan 2025Oct 2024
Cash & equivalents————————
Inventory————————
Total current assets$20M$22M$24M$26M$25M$27M$102M$101M
Total assets$20M$22M$24M$26M$25M$27M$102M$101M
Long-term debt————————
Total liabilities$2M$4M$4M$5M$2M$8M$78M$5M
Total equity$18M$18M$20M$21M$23M$20M$23M$95M

Implied volatility — last 90 days

33%140%247%353%460% Jun 06 — IV 134% · EM ±23.7%Jun 07 — IV 113% · EM ±15.7%Jun 08 — IV 130% · EM ±17.2%Jun 09 — IV 114% · EM ±14.2%Jun 10 — IV 143% · EM ±16.9%Jun 11 — IV 178% · EM ±19.6%Jun 12 — IV 179% · EM ±18.4%Jun 15 — IV 261% · EM ±18.9%Jun 17 — IV 461% · EM ±19.2%Jun 19 — IV 77% · EM ±17.1%Jun 22 — IV 72% · EM ±15.0%Jun 23 — IV 57% · EM ±11.6%Jun 24 — IV 85% · EM ±17.1%Jun 25 — IV 74% · EM ±14.5%Jun 26 — IV 96% · EM ±18.3%Jun 29 — IV 58% · EM ±10.3%Jun 30 — IV 34% · EM ±5.8%Jul 01 — IV 103% · EM ±17.2%Jul 02 — IV 93% · EM ±15.0%Jul 03 — IV 96% · EM ±15.0%Jul 06 — IV 72% · EM ±10.0%Jul 07 — IV 79% · EM ±10.4%Jul 08 — IV 129% · EM ±16.1%Jul 09 — IV 149% · EM ±17.6%Jul 13 — IV 124% · EM ±10.3%Jul 14 — IV 130% · EM ±9.4%Jul 20 — IV 56% · EM ±13.3%Jul 21 — IV 102% · EM ±23.6%Jul 22 — IV 86% · EM ±19.6%Jul 23 — IV 98% · EM ±22.0%Jul 24 — IV 101% · EM ±22.2%Jul 27 — IV 52% · EM ±10.8%Jul 28 — IV 117% · EM ±24.0%Jul 30 — IV 111% · EM ±21.8%Jul 31 — IV 89% · EM ±16.9%Aug 03 — IV 64% · EM ±11.4%Aug 04 — IV 69% · EM ±11.9%Aug 05 — IV 129% · EM ±21.5%Aug 06 — IV 133% · EM ±21.5%Aug 07 — IV 136% · EM ±21.2%Aug 10 — IV 104% · EM ±14.4%Aug 11 — IV 167% · EM ±22.1%Aug 12 — IV 182% · EM ±22.7%Aug 13 — IV 89% · EM ±10.5%Aug 14 — IV 97% · EM ±10.7%Aug 17 — IV 150% · EM ±12.5%Aug 18 — IV 224% · EM ±16.2%Aug 19 — IV 230% · EM ±13.6%Aug 20 — IV 388% · EM ±16.2%Aug 24 — IV 61% · EM ±12.7%Aug 25 — IV 63% · EM ±12.9%Aug 26 — IV 69% · EM ±13.7%Aug 27 — IV 108% · EM ±21.2%Aug 28 — IV 76% · EM ±14.5%Aug 31 — IV 83% · EM ±14.7%Sep 01 — IV 61% · EM ±10.4%Sep 02 — IV 85% · EM ±14.2%Sep 03 — IV 132% · EM ±21.3%Sep 04 — IV 54% · EM ±8.4%Sep 07 — IV 60% · EM ±8.4%Sep 08 — IV 110% · EM ±14.5%Sep 09 — IV 185% · EM ±23.2%Sep 10 — IV 105% · EM ±12.4%Sep 11 — IV 58% · EM ±6.4%Sep 14 — IV 297% · EM ±24.8%Sep 15 — IV 252% · EM ±18.3%Sep 21 — IV 75% · EM ±15.7%Sep 22 — IV 76% · EM ±15.6%Sep 23 — IV 57% · EM ±11.4%Sep 24 — IV 128% · EM ±25.0%Sep 25 — IV 119% · EM ±22.8%Sep 28 — IV 53% · EM ±9.3%Sep 29 — IV 45% · EM ±7.7%Sep 30 — IV 47% · EM ±7.9%Oct 01 — IV 56% · EM ±9.0%Oct 02 — IV 63% · EM ±9.9%Oct 06 — IV 159% · EM ±20.9%Oct 07 — IV 169% · EM ±21.2%Oct 08 — IV 90% · EM ±10.6%

Sector peers

TRX
TRX Gold Corporation
$260M $0.97-8.5%
SBMT
Silver Bow Mining Corp.
$202M $6.40+0.2%
GLDG
GoldMining Inc.
$187M $0.75-6.4%
PLG
Platinum Group Metals Ltd.
$166M $1.07-7.8%
VOXR
Vox Royalty Corp.
$344M $4.84-2.0%
GORO
Gold Resource Corporation
$150M $3.35-1.8%

MSB earnings FAQ

What is MSB's expected move for earnings?

Options currently price a move of about ±10.6%, or $2.05 per share either way from $19.28.

How does MSB stock usually react to earnings?

Across the last 2 reports the average next-day move was ±1.4%, up 1 times and down 1 times.

What is MSB's implied volatility?

MSB's at-the-money implied volatility is about 90% based on the latest options snapshot.

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