Mithril pickaxe

Used for mining. Mithril pickaxe is a free-to-play item traded on the Old School RuneScape Grand Exchange.

Mithril pickaxe trades for 526 gp, making it one of the cheapest items on the GE.

Trading volume for Mithril pickaxe is relatively low at 192 recent trades, so offers may take longer to fill. The buy limit of 40 every 4 hours is worth planning around when scaling flips. At the current margin, flipping the full buy limit yields up to 760 gp profit every 4 hours.

Mithril pickaxe currently has a positive margin of 19 gp after the GE tax, resulting in an ROI of 3.6%. The flip rating of 6/10 places this item in the mid range — decent margins but consider checking volume before committing. The price has dropped 12.2% in the last hour, which could signal a buying opportunity if the margin improves.

High alching Mithril pickaxe yields a profit of 155 gp per cast (before nature rune cost). At ~1,200 casts per hour, that's up to 186.0k/hr in passive income while training Magic. This item is profitable both as a flip and as an alch target, giving you two exit strategies.

Use the flip calculator above to estimate your profit based on quantity. Compare alch profits across all items on the High Alch Calculator. Set a price alert to get notified when the margin changes, or add this item to your watchlist for quick access.