Mesabi Trust closed at $16.49 on Nov 5, down 6.47%, within 0.0% of its 52-week closing low. Volume of 68.6K shares was 1.36× its 20-day average (above normal).
Split-adjusted performance: -10.5% over one month, -42.5% over six months, -50.7% over one year.
In the quarter ended Jul 31, 2026, revenue was $2.33M, down 57.0% from a year earlier, with a net margin of -4.1%.
Short interest was 89.4K shares at the Oct 15 settlement, down 11.8% from the prior report (0.7% of float, 2.3 days to cover).