Mesabi Trust announced earnings results for the second quarter ended July 31, 2020. For the second quarter, the company announced total revenue was USD 7.218 million compared to USD 14.344 million a year ago. Net income was USD 6.676 million compared to USD 13.911 million a year ago. Basic earnings per share from continuing operations was USD 0.5088 compared to USD 1.0603 a year ago. For the half year, total revenue was USD 9.387 million compared to USD 19.811 million a year ago. Net income was USD 8.287 million compared to USD 18.821 million a year ago. Basic earnings per share from continuing operations was USD 0.6317 compared to USD 1.4346 a year ago.