Mesabi Trust (MSB)
NYSE · Mineral Royalty Traders · Finance, insurance and real estate · CIK 65172 · fiscal year ends in Jan
Closing price $17.77 on 30 Oct 2026; 52-week range $17.77 to $41.15.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $11.9M
- Revenue growth
- -87.6%
- Net income, last twelve months
- $6.5M
- Earnings per share
- $0.49
- Gross margin
- 54.5%
- Net margin
- 54.5%
- Return on equity
- 36.9%
- Market value
- $233.1M
- Price to earnings
- 35.9x
- Cash
- $17.4M
- Debt
- $0
- Debt to equity
- 0.00
- Shares outstanding
- 13.1M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2026 | 31 Jan 2026 | $17.5M | – | $13.9M | $1.06 | – | 10-K filed 22 Apr 2026 |
| FY2025 | 31 Jan 2025 | $98.6M | – | $93.3M | $7.11 | – | 10-K filed 24 Apr 2025 |
| FY2024 | 31 Jan 2024 | $22.9M | – | $19.0M | $1.45 | – | 10-K filed 24 Apr 2024 |
| FY2023 | 31 Jan 2023 | $7.7M | – | $5.3M | $0.41 | – | 10-K filed 24 Apr 2023 |
| FY2022 | 31 Jan 2022 | $71.5M | – | $68.8M | $5.24 | – | 10-K filed 27 Apr 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2027 | 31 Jul 2026 | $2.5M | -$95.0K | -$0.01 |
| Q1 FY2027 | 30 Apr 2026 | $2.2M | $1.1M | $0.08 |
| Q4 FY2026 | 31 Jan 2026 | $3.6M | $2.7M | $0.21 |
| Q3 FY2026 | 31 Oct 2025 | $3.6M | $2.8M | $0.21 |
| Q2 FY2026 | 31 Jul 2025 | $5.6M | $4.7M | $0.36 |
| Q1 FY2026 | 30 Apr 2025 | $4.7M | $3.6M | $0.28 |
| Q4 FY2025 | 31 Jan 2025 | $6.9M | $6.1M | $0.46 |
| Q3 FY2025 | 31 Oct 2024 | $79.0M | $78.3M | $5.97 |
Company events
The newest 8-K filings of 158 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 15 Oct 2026 | 8-K | Results | 2.02, 9.01 |
| 31 Jul 2026 | 8-K | Results, Investor update | 2.02, 7.01 |
| 14 Jul 2026 | 8-K | Results | 2.02, 9.01 |
| 4 May 2026 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01, 9.01 |
| 14 Apr 2026 | 8-K | Results | 2.02, 9.01 |
| 3 Feb 2026 | 8-K | Results, Investor update | 2.02, 7.01 |
| 16 Jan 2026 | 8-K | Results | 2.02, 9.01 |
| 31 Oct 2025 | 8-K | Results, Investor update | 2.02, 7.01 |
| 10 Oct 2025 | 8-K | Results | 2.02, 9.01 |
| 26 Sep 2025 | 8-K | Investor update | 7.01, 9.01 |
| 1 Aug 2025 | 8-K | Results, Investor update | 2.02, 7.01 |
| 11 Jul 2025 | 8-K | Results | 2.02, 9.01 |
Every filing
The newest filings with the SEC of 329 held.
| Filed | Form | Period |
|---|---|---|
| 15 Oct 2026 | 8-K | 15 Oct 2026 |
| 11 Sep 2026 | 10-Q | 31 Jul 2026 |
| 31 Jul 2026 | 8-K | 30 Jul 2026 |
| 14 Jul 2026 | 8-K | 14 Jul 2026 |
| 12 Jun 2026 | 10-Q | 30 Apr 2026 |
| 4 May 2026 | 8-K | 30 Apr 2026 |
| 22 Apr 2026 | ARS | 31 Jan 2026 |
| 22 Apr 2026 | 10-K | 31 Jan 2026 |
| 14 Apr 2026 | 8-K | 14 Apr 2026 |
| 3 Feb 2026 | 8-K | 30 Jan 2026 |
| 16 Jan 2026 | 8-K | 16 Jan 2026 |
| 12 Dec 2025 | 10-Q | 31 Oct 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 29 Apr 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC | 13G amended | 23.9% | 3.1M |
Trades by members of the House
From each member's periodic transaction report.
| Traded | Member | Type | Amount | Disclosed |
|---|---|---|---|---|
| 31 Jul 2026 | Gilbert Cisneros (CA31) | Purchase | $15,001 - $50,000 | 4 Sep 2026 |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 89.4K | -11.76% | 2.31 |
| 30 Sep 2026 | 101.4K | -9% | 1.53 |
| 15 Sep 2026 | 111.4K | +16.88% | 4.04 |
| 31 Aug 2026 | 95.3K | -14.19% | 2.87 |
| 14 Aug 2026 | 111.1K | -15.1% | 3.79 |
| 31 Jul 2026 | 130.8K | +4.66% | 2.91 |
| 15 Jul 2026 | 125.0K | +8.97% | 3.38 |
| 30 Jun 2026 | 114.7K | +6.29% | 2.34 |
Funds that hold it
From each fund's latest Form 13F.
76 funds held it at 30 Jun 2026: 26 added and 16 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Horizon Kinetics Asset Management LLC | 3,219,382 | $81.5M | +78,410 |
| Valueworks LLC | 669,733 | $16.9M | +23,151 |
| CWA Asset Management Group, LLC | 518,974 | $13.1M | +71,489 |
| First Manhattan Co. LLC. | 396,373 | $10.0M | +86,313 |
| Mad River Investors | 323,735 | $8.2M | +2,189 |
| Advisory Services Network, LLC | 185,669 | $4.7M | +1,040 |
| Moors & Cabot, Inc. | 178,289 | $4.5M | -2,656 |
| EagleClaw Capital Managment, LLC | 170,575 | $4.3M | +800 |
| Morgan Stanley | 113,293 | $2.9M | -752 |
| Bank of New York Mellon Corp | 101,464 | $2.6M | +1,266 |
Peers
Companies in the same industry.
- Royal Gold Inc. (RGLD): revenue $1.5B, market value $19.4B
- SSR Mining Inc. (SSRM): revenue $1.9B, market value $5.5B