MESABI TRUST (MSB)
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.
Sector: Mineral Royalty Traders
Industry: Steel
Mesabi Trust
NYSE:MSBBasic Materials · Steel
-0.93%$18.07
AH Close$18.07+0.00%vs close
AH Close$18.07+0.00%vs close
Mkt Cap$237.08M
Float13.11M
O/S13.12M
Inst Own50.3%
SI0.7%
Div Yield4.93%
Dilution
Historical Data
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
Key Metrics
Market Cap$237.08M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership50.32%
based on 13.12M shares outstanding
SectorBasic Materials
IndustrySteel
ExchangeNYSE
Country
US
USIPO Date-
Shares Outstanding13.12M
Float13.11M
Company Overview
Established in 1961, Mesabi Trust functions as a royalty trust, concentrating its business efforts on iron ore extraction operations across the United States.
Its main office is located in New York, New York.
Leadership
James A. Ehrenberg
Michael P. Mlinar
Richard G. Lareau*
Robert C. Berglund
Employees
--
Country
US
Sector
Basic Materials
Website
mesabi-trust.com
Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trades
No insider transactions for this companyForeign private issuers and non-reporting entities don't file Form 4/5.
Shareholders
50.3%
Institutional
(62)
0.0%
Insiderⓘ
(0)
0.0%
5%+ Owners
(0)
49.7%
Unattributed (incl. retail)ⓘ
Institutional50.3%
Unattributed (incl. retail)49.7%
Top Shareholders
| Name | Shares | % | Source |
|---|---|---|---|
HORIZON KINETICS ASSET MANAGEMENT LLC | 3.2M | 24.5% | 13F |
HORIZON KINETICS ASSET MANAGEMENT LLC · also on 13F· joint filing· may incl. warrants· filed Apr 2026 | 3.1M | 23.9% | 13G |
VALUEWORKS LLC · also on 13F· may incl. warrants· filed Aug 2025 | 685.8K | 5.2% | 13G |
VALUEWORKS LLC | 669.7K | 5.1% | 13F |
CWA Asset Management Group, LLC | 517.5K | 3.9% | 13F |
FIRST MANHATTAN CO. LLC. | 396.4K | 3.0% | 13F |
MAD RIVER INVESTORS | 323.7K | 2.5% | 13F |
Advisory Services Network, LLC | 185.7K | 1.4% | 13F |
Moors & Cabot, Inc. | 178.3K | 1.4% | 13F |
EagleClaw Capital Managment, LLC | 170.6K | 1.3% | 13F |
Sources: 13F, 13D/13GO/S: 13.1M · as of 11 Sep 2026 · SEC cover page
Insiders & Institutional Holders
Key Metrics
Market Cap$237.08M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership50.32%
based on 13.12M shares outstanding
SectorBasic Materials
IndustrySteel
ExchangeNYSE
CountryUS
USIPO Date-
Shares Outstanding13.12M
Float13.11M
52-Week Range
$17.25$42.38
$18.07(3rd percentile)
Volume
Average Daily Volume55.58K
33.43K today vs 55.58K avg(-40%)
30d Avg
55.58K
60d Avg
45.17K
90d Avg
40.87K
Earnings
Dividend History
TTM Yield
4.93%
Paid quarterly
Annual (LTM)
$0.89
Latest
$0.0500
Jul 30, 26
5Y Growth
-22.68%
per year
Compliance Status
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