Mesabi Trust (MSB) Earning Somewhat Positive News Coverage, Report Shows
Media headlines about Mesabi Trust (NYSE:MSB) have been trending somewhat positive on Wednesday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mesabi Trust earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned media headlines about the mining company an impact score of 46.0896539424771 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Mesabi Trust traded down $0.40, reaching $25.00, during trading hours on Wednesday, according to MarketBeat.com. The company’s stock had a trading volume of 886 shares, compared to its average volume of 32,193. Mesabi Trust has a fifty-two week low of $13.10 and a fifty-two week high of $30.92. The stock has a market capitalization of $334.56 million, a PE ratio of 13.86 and a beta of 0.48.
About Mesabi Trust
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was founded in 1919 and is based in New York, New York.
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