Alert: Major Price Advance (12/16/24)-Mesabi Trust (NYSE: MSB).

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Mesabi Trust (NYSE: MSB) stock enjoyed a major increase of 10.4% on 12/16/24. The shares closed at $28.05. Moreover, this advance was accompanied by exceptionally high trading volume at 291% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 5.9% during the last week.

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Current PriceTarget Research Rating

Mesabi Trust has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Mesabi Trust has a slightly positive Appreciation Score of 61 and a very high Power Rating of 93, producing the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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