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Magontec Stock Price

Symbol: ASX:MGLMarket Cap: AU$10.8mCategory: Materials

MGL Share Price Performance

AU$0.18
-0.07 (-26.00%)
AU$0.18
-0.07 (-26.00%)
Price AU$0.18

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    Magontec Limited Key Details

    AU$57.1m

    Revenue

    AU$47.6m

    Cost of Revenue

    AU$9.5m

    Gross Profit

    AU$14.7m

    Other Expenses

    -AU$5.2m

    Earnings

    Last Reported Earnings
    Dec 31, 2024
    Next Reporting Earnings
    n/a
    Earnings per share (EPS)
    -0.091
    Gross Margin
    16.65%
    Net Profit Margin
    -9.09%
    Debt/Equity Ratio
    4.5%

    Magontec Limited Competitors

     
     
     
     
     
     
     
     
     
     
     
     

    About MGL

    Founded
    1953
    Employees
    n/a
    CEO
    Nicholas Andrews
    WebsiteView website
    magontec.com

    Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Australia, Europe, China, North America, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems. Its CCP products are used in water storage vessels. The company also recycles magnesium alloys. The company serves automotive, aerospace, power tools, die casting, defense, and steel industries, as well as HVAC & plumbing industry and wholesale; and offers consulting services to companies, organisations, and institutions. Magontec Limited was formerly known as Advanced Magnesium Limited and changed its name to Magontec Limited in November 2011. The company was founded in 1953 and is headquartered in Sydney, Australia.

    Australian Market Performance

    • 7 Days: -0.4%
    • 3 Months: 6.8%
    • 1 Year: 13.2%
    • Year to Date: 5.2%
    Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. As for the longer term, the market has risen 13% in the past 12 months. Earnings are forecast to grow by 11% annually. Market details ›
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