MGX Stock Overview
Engages in the mining, crushing, processing, shipment, sale, and export of hematite iron ore in Australia and China. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
MGX passed our risk checks.
My Notes
Capture your thoughts, links and company narrative
Mount Gibson Iron Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.29 |
| 52 Week High | AU$0.57 |
| 52 Week Low | AU$0.28 |
| Beta | 0.97 |
| 1 Month Change | -3.28% |
| 3 Month Change | -1.67% |
| 1 Year Change | -44.34% |
| 3 Year Change | -28.92% |
| 5 Year Change | -68.28% |
| Change since IPO | 90.33% |
Recent News & Updates
Recent updates
Mount Gibson Iron Limited's (ASX:MGX) Popularity With Investors Is Under Threat From Overpricing
Sep 30
It's Unlikely That The CEO Of Mount Gibson Iron Limited (ASX:MGX) Will See A Huge Pay Rise This Year
Nov 08Estimating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)
Oct 26Estimating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)
Jan 19Does Mount Gibson Iron (ASX:MGX) Have A Healthy Balance Sheet?
Jun 14Estimating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)
May 02Returns Are Gaining Momentum At Mount Gibson Iron (ASX:MGX)
Dec 10It Looks Like Mount Gibson Iron Limited's (ASX:MGX) CEO May Expect Their Salary To Be Put Under The Microscope
Nov 03Mount Gibson Iron (ASX:MGX) Has Announced That Its Dividend Will Be Reduced To AU$0.02
Aug 27Returns On Capital Are Showing Encouraging Signs At Mount Gibson Iron (ASX:MGX)
Jul 27Mount Gibson Iron's (ASX:MGX) Returns On Capital Are Heading Higher
Apr 16Does Mount Gibson Iron Limited (ASX:MGX) Have A Place In Your Dividend Portfolio?
Mar 02Mount Gibson Iron (ASX:MGX) Has Rewarded Shareholders With An Exceptional 487% Total Return On Their Investment
Feb 12
Is Mount Gibson Iron Limited's (ASX:MGX) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 28What We Make Of Mount Gibson Iron's (ASX:MGX) Returns On Capital
Jan 13What Kind Of Shareholders Hold The Majority In Mount Gibson Iron Limited's (ASX:MGX) Shares?
Dec 29Calculating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)
Dec 14You Have To Love Mount Gibson Iron Limited's (ASX:MGX) Dividend
Nov 29Should You Be Adding Mount Gibson Iron (ASX:MGX) To Your Watchlist Today?
Aug 10Potential Upside For Mount Gibson Iron Limited (ASX:MGX) Not Without Risk
Jul 28Mount Gibson Iron Limited's (ASX:MGX) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Jul 15Will the Promising Trends At Mount Gibson Iron (ASX:MGX) Continue?
Jun 30Shareholder Returns
| MGX | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -9.2% | -6.9% | -2.0% |
| 1Y | -44.3% | -19.1% | 7.8% |
Return vs Industry: MGX underperformed the Australian Metals and Mining industry which returned -19.1% over the past year.
Return vs Market: MGX underperformed the Australian Market which returned 7.8% over the past year.
Price Volatility
| MGX volatility | |
|---|---|
| MGX Average Weekly Movement | 5.2% |
| Metals and Mining Industry Average Movement | 10.7% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in AU Market | 16.8% |
| 10% least volatile stocks in AU Market | 3.1% |
Stable Share Price: MGX has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: MGX's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1938 | 389 | Peter Kerr | www.mtgibsoniron.com.au |
Mount Gibson Iron Limited, together with its subsidiaries, engages in the mining, crushing, processing, shipment, sale, and export of hematite iron ore in Australia and China. Its flagship project is the Koolan Island mine site located in the Buccaneer Archipelago of the Kimberley region in Western Australia. The company is also involved in treasury management, mineral resources acquisition, and investment activities.
Mount Gibson Iron Limited Fundamentals Summary
| MGX fundamental statistics | |
|---|---|
| Market cap | AU$373.95m |
| Earnings (TTM) | AU$6.43m |
| Revenue (TTM) | AU$667.68m |
55.3x
P/E Ratio0.5x
P/S RatioIs MGX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGX income statement (TTM) | |
|---|---|
| Revenue | AU$667.68m |
| Cost of Revenue | AU$491.42m |
| Gross Profit | AU$176.26m |
| Other Expenses | AU$169.83m |
| Earnings | AU$6.43m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0053 |
| Gross Margin | 26.40% |
| Net Profit Margin | 0.96% |
| Debt/Equity Ratio | 0% |
How did MGX perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mount Gibson Iron Limited is covered by 23 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Harrowell | APP Securities Pty Ltd. |
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Stephen Thomas | Bell Potter |