8-K - MESABI TRUST (0000065172) (Filer)

8-K - MESABI TRUST (0000065172) (Filer)

8-K - MESABI TRUST (0000065172) (Filer)

10-Q - MESABI TRUST (0000065172) (Filer)

8-K - MESABI TRUST (0000065172) (Filer)

8-K - MESABI TRUST (0000065172) (Filer)

10-Q - MESABI TRUST (0000065172) (Filer)

8-K - MESABI TRUST (0000065172) (Filer)

ARS - MESABI TRUST (0000065172) (Filer)

10-K - MESABI TRUST (0000065172) (Filer)

Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-nine cents ($0.39) per Unit of Beneficial Interest payable on November 20, 2024 to Mesabi Trust Unitholders of record at the close of business on October 30, 2024. This compares to a thirty-five cents ($0.35) per Unit distribution declared for the same period last year. The Trustees' announcement today of a thirty-nine cents ($0.39) per Unit distribution, as compared to the thirty-five cents ($0.35) per Unit distribution announced by the Trust at the same time last year, reflects several points. The Trust's receipt of total royalty payments of $5,325,522 on July 30, 2024 fro

AAA Arbitration Final Award As previously reported, on October 14, 2022, Mesabi Trust initiated arbitration against Northshore Mining Company ("Northshore"), the lessee/operator of the leased lands, and its parent, Cleveland-Cliffs Inc. ("Cliffs"), with the American Arbitration Association ("AAA"). The Trust sought an award of damages relating to Cliffs' and Northshore's underpayment of royalties in 2020, 2021, and the first four months of 2022 by virtue of Cliffs' and Northshore's failure to use the highest priced arm's-length iron ore pellet sale from the preceding four quarters in pricing certain pellet shipments from 2020 through the first four months of 2022. The Trust also sought dec

  Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty cents ($0.30) per Unit of Beneficial Interest payable on August 20, 2024 to Mesabi Trust Unitholders of record at the close of business on July 30, 2024. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a thirty cents ($0.30) per Unit distribution, as compared to no distribution announced by the Trust at the same time last year, is primarily attributable to the increase in the total royalties received by the Trust in April 2024, as compared to the total royalties received by the Trust in April 2023. In particu

Mesabi Trust (NYSE:MSB): Receipt of Quarterly Royalty Report and Royalty Payment On April 30, 2024, the Trustees of Mesabi Trust (NYSE:MSB) received the quarterly royalty report of iron ore shipments from Silver Bay, Minnesota during the quarter ended March 31, 2024 (the "Royalty Report") from Cleveland-Cliffs Inc. ("Cliffs"), the parent company of Northshore Mining Company ("Northshore"). As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2024, Mesabi Trust was credited with a base royalty of $2,106,086. For the three months ended March 31, 2024, Mesabi Trust was also credited with

Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of twenty-nine cents ($0.29) per Unit of Beneficial Interest payable on May 20, 2024 to Mesabi Trust Unitholders of record at the close of business on April 30, 2024. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a twenty-nine cents ($0.29) per Unit distribution, as compared to no distribution announced by the Trust at the same time last year, reflects an increase in the distribution compared to the same period in the prior year, and is primarily attributable to the restart of Northshore operations in April 2023, and to

Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-seven cents ($0.37) per Unit of Beneficial Interest payable on February 20, 2024 to Mesabi Trust Unitholders of record at the close of business on January 30, 2024. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a thirty-seven cents ($0.37) per Unit distribution, as compared to no distribution announced by the Trust at the same time last year, is primarily attributable to the restart of Northshore operations in April 2023, and to an increase in the total royalties received by the Trust in October 2023, as compar

Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-five cents ($0.35) per Unit of Beneficial Interest payable on November 20, 2023 to Mesabi Trust Unitholders of record at the close of business on October 30, 2023. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a thirty-five cents ($0.35) per Unit distribution, as compared to no distribution announced by the Trust at the same time last year, is primarily attributable to the restart of Northshore operations in April 2023, and to an increase in the total royalties received by the Trust in July 2023, as compared to

  Announcement of No Distribution The Trustees of Mesabi Trust (NYSE:MSB) have determined that no distribution will be declared this July 2023 with respect to Units of Beneficial Interest. This compares to a distribution of Eighty-four cents ($0.84) per Unit for the same period last year. The Trustees' announcement today of declaring no distribution this quarter primarily reflects that the Trust has received no royalty revenue in the Trust's last three fiscal quarters, and the current uncertainties related to announcements by Cleveland-Cliffs Inc. ("Cliffs") concerning its plans for operating Northshore Mining Company ("Northshore"). Following the idling of Northshore (from May 2022 u

Filing of Annual Report and Availability of Audited Financial Statements Mesabi Trust's (NYSE:MSB) Annual Report on Form 10‑K for the fiscal year ended January 31, 2023, which includes the audited financial statements of Mesabi Trust, was filed with the Securities and Exchange Commission on April 24, 2023. Mesabi Trust Unitholders may obtain a hard copy of the complete audited financial statements, which is included as Exhibit 13 to Mesabi Trust's Annual Report, free of charge upon request to Mesabi Trust's Corporate Trustee, at: Mesabi Trust c/o Deutsche Bank Trust Company Americas, Corporate Trustee Trust and Agency Services — GDS 1 Columbus Circle, 17th Floor New York, NY 10019 (904)

Announcement of No Distribution The Trustees of Mesabi Trust (NYSE:MSB) have determined that no distribution will be declared this April 2023 with respect to Units of Beneficial Interest. This compares to a distribution of One Dollar and four cents ($1.04) per Unit for the same period last year. The Trustees' announcement today of declaring no distribution this quarter primarily reflects the Trustees' caution about uncertainties related to a number of factors, including principally Cleveland-Cliffs' previously announced plans to idle Northshore Mining Company's iron ore operations until April 2023 or maybe beyond, that recent press reports of Cliffs' public statements were not definitiv

Mesabi Trust (NYSE:MSB):Receipt of Quarterly Royalty Report and Royalty PaymentOn April 30, 2024, the Trustees of Mesabi Trust (NYSE:MSB) received the quarterly royalty report of iron ore shipments from Silver Bay, Minnesota during the quarter ended March 31, 2024 (the "Royalty Report") from Cleveland-Cliffs Inc. ("Cliffs"), the parent company of Northshore Mining Company ("Northshore").As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2024, Mesabi Trust was credited with a base royalty of $2,106,086. For the three months ended March 31, 2024, Mesabi Trust was also credited with a bonus r

New Equities that Broke Through 52-Week Lows Friday Morning During Friday's morning session, 121 stocks hit new 52-week lows. Interesting Highlights From Today's 52-Week Lows And Highs: The largest company in terms of market cap to set a new 52-week low was First Republic Bank (NYSE:FRC). Nuwellis (NASDAQ:NUWE) was the smallest firm by market cap to set a new 52-week low. Novo Integrated Sciences (NASDAQ:NVOS) was the biggest loser, trading down 54.67% to reach its 52-week low. Blackrock Core Bond Tr (NYSE:BHK)'s stock bounced back the most, actually rising 0.0% after reaching its new 52-week low. During the first half-hour of trading on Friday, the following stocks broke to new 52

    During Monday's session, 291 companies made new 52-week lows. Also check out this: Insiders Buying These 4 Penny Stocks Noteable 52-Week Lows And Highs: SAP (NYSE:SAP) was the largest firm on a market cap basis to set a new 52-week low. Energy Focus (NASDAQ:EFOI) was the smallest firm by market cap to set a new 52-week low. GRAVITY Co (NASDAQ:GRVY) was the biggest loser, trading down 19.16% to reach its 52-week low. Skillsoft (NYSE:SKIL) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. The following stocks set new 52-week lows on Monday: SAP (NYSE:SAP) shares made a new 52-week low of $118.09 on Monday. The stock was down 1.73%

Gainers Y-mAbs Therapeutics, Inc. (NASDAQ:YMAB) surged 26% to close at $2.24. Y-mAbs reported completion of pre-BLA meeting with the FDA for Omburtamab. China Online Education Group (NYSE:COE) gained 23.3% to settle at $1.59 on Friday. Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) jumped 23.1% to settle at $2.24 on Friday. Kaival Brands recently won judicial stay of FDA's marketing denial order. InterCure Ltd. (NASDAQ:INCR) surged 21.8% to settle at $8.20. Intercure recently reported preliminary Q4 revenue. Reservoir Media, Inc. (NASDAQ:RSVR) jumped 21.2% to close at $7.02. The company recently raised its FY22 sales guidance. LiveOne, Inc. (NASDAQ:LVO) gained 21.1% to close a

Gainers Modular Medical, Inc. (NASDAQ:MODD) shares climbed 34.5% to $4.99 following its recent uplisting to the Nasdaq Capital Market on Thursday. Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) rose 34% to $2.4413. Kaival Brands recently won judicial stay of FDA's marketing denial order. Y-mAbs Therapeutics, Inc. (NASDAQ:YMAB) gained 24.4% to $8.15. Y-mAbs reported completion of pre-BLA meeting with the FDA for Omburtamab. Orphazyme A/S (NASDAQ:ORPH) rose 17.2% to $2.3907 as the company issued an update for planned NDA resubmission for arimoclomol for the treatment of Niemann-Pick disease type C in the United States. XPEL, Inc. (NASDAQ:XPEL) gained 15.7% to $67.06 after it was

  Also check out these big insider trades hereLosers Imperial Petroleum Inc. (NASDAQ:IMPP) shares tumbled 55.1% to close at $0.98 on Monday after the company reported pricing of upsized $12 million underwritten public offering. Eros STX Global Corporation (NYSE:ESGC) shares fell 25.5% to close at $0.2130. ErosSTX reported a reverse stock split. Indonesia Energy Corporation Limited (NASDAQ:INDO) dipped 14.7% to settle at $4.75. AppHarvest, Inc. (NASDAQ:APPH) fell 12.1% to close at $2.99. AppHarvest reported preliminary FY21 net sales and non-GAAP Adjusted EBITDA at the higher end of guidance. Vigil Neuroscience, Inc. (NASDAQ:VIGL) dipped 12% to settle at $12.90. Amphastar Pharmaceuti

  Gainers Mechel PAO (NYSE:MTL) stock moved upwards by 10.8% to $2.78 during Thursday's pre-market session. The company's market cap stands at $755.5 million. ReTo Eco-Solutions (NASDAQ:RETO) stock rose 6.52% to $0.9. The company's market cap stands at $24.8 million. Also check out these insider trades in penny stocks Sasol (NYSE:SSL) stock increased by 5.05% to $22.22. The company's market cap stands at $14.1 billion. Compass Minerals Intl (NYSE:CMP) stock moved upwards by 4.12% to $53.51. The company's market cap stands at $1.8 billion. Danimer Scientific (NYSE:DNMR) stock rose 3.53% to $4.68. The company's market cap stands at $469.6 million.   Losers Mesabi Trust (NYSE:MS