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Business Wire (Fri, 16-Jan 4:05 PM ET)
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.
Mesabi Trust trades on the NYSE stock market under the symbol MSB.
As of April 1, 2026, MSB stock price climbed to $32.56 with 45,549 million shares trading.
MSB has a beta of 1.10, meaning it tends to be more sensitive to market movements. MSB has a correlation of 0.18 to the broad based SPY ETF.
MSB has a market cap of $427.19 million. This is considered a Small Cap stock.
In the last 3 years, MSB traded as high as $42.38 and as low as $15.93.
MSB has outperformed the market in the last year with a price return of +24.4% while the SPY ETF gained +18.5%. However, in the short term, MSB had mixed performance relative to the market. It has underperformed in the last 3 months, returning -14.8% vs -3.6% return in SPY. But in the last 2 weeks, MSB shares have fared better than the market returning +2.7% compared to SPY -2.0%.
MSB support price is $30.10 and resistance is $32.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MSB shares will trade within this expected range on the day.
