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MGX

Mount Gibson Iron ASX:MGX Stock Report

Last Price

AU$0.51

Market Cap

AU$619.4m

7D

10.9%

1Y

25.9%

Updated

06 Dec, 2022

Data

Company Financials +
MGX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends0/6

MGX Stock Overview

Mount Gibson Iron Limited, together with its subsidiaries, engages in the mining, crushing, processing, transportation, and sale of hematite iron ore in Australia.

Mount Gibson Iron Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mount Gibson Iron
Historical stock prices
Current Share PriceAU$0.51
52 Week HighAU$0.74
52 Week LowAU$0.36
Beta0.85
1 Month Change21.43%
3 Month Change21.43%
1 Year Change25.93%
3 Year Change-38.55%
5 Year Change25.93%
Change since IPO229.04%

Recent News & Updates

Recent updates

Does Mount Gibson Iron (ASX:MGX) Have A Healthy Balance Sheet?

Jun 14
Does Mount Gibson Iron (ASX:MGX) Have A Healthy Balance Sheet?

Estimating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)

May 02
Estimating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)

Returns Are Gaining Momentum At Mount Gibson Iron (ASX:MGX)

Dec 10
Returns Are Gaining Momentum At Mount Gibson Iron (ASX:MGX)

It Looks Like Mount Gibson Iron Limited's (ASX:MGX) CEO May Expect Their Salary To Be Put Under The Microscope

Nov 03
It Looks Like Mount Gibson Iron Limited's (ASX:MGX) CEO May Expect Their Salary To Be Put Under The Microscope

Mount Gibson Iron (ASX:MGX) Has Announced That Its Dividend Will Be Reduced To AU$0.02

Aug 27
Mount Gibson Iron (ASX:MGX) Has Announced That Its Dividend Will Be Reduced To AU$0.02

Returns On Capital Are Showing Encouraging Signs At Mount Gibson Iron (ASX:MGX)

Jul 27
Returns On Capital Are Showing Encouraging Signs At Mount Gibson Iron (ASX:MGX)

Mount Gibson Iron's (ASX:MGX) Returns On Capital Are Heading Higher

Apr 16
Mount Gibson Iron's (ASX:MGX) Returns On Capital Are Heading Higher

Does Mount Gibson Iron Limited (ASX:MGX) Have A Place In Your Dividend Portfolio?

Mar 02
Does Mount Gibson Iron Limited (ASX:MGX) Have A Place In Your Dividend Portfolio?

Mount Gibson Iron (ASX:MGX) Has Rewarded Shareholders With An Exceptional 487% Total Return On Their Investment

Feb 12
Mount Gibson Iron (ASX:MGX) Has Rewarded Shareholders With An Exceptional 487% Total Return On Their Investment

Is Mount Gibson Iron Limited's (ASX:MGX) Latest Stock Performance A Reflection Of Its Financial Health?

Jan 28
Is Mount Gibson Iron Limited's (ASX:MGX) Latest Stock Performance A Reflection Of Its Financial Health?

What We Make Of Mount Gibson Iron's (ASX:MGX) Returns On Capital

Jan 13
What We Make Of Mount Gibson Iron's (ASX:MGX) Returns On Capital

What Kind Of Shareholders Hold The Majority In Mount Gibson Iron Limited's (ASX:MGX) Shares?

Dec 29
What Kind Of Shareholders Hold The Majority In Mount Gibson Iron Limited's (ASX:MGX) Shares?

Calculating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)

Dec 14
Calculating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)

You Have To Love Mount Gibson Iron Limited's (ASX:MGX) Dividend

Nov 29
You Have To Love Mount Gibson Iron Limited's (ASX:MGX) Dividend

Should You Be Adding Mount Gibson Iron (ASX:MGX) To Your Watchlist Today?

Aug 10
Should You Be Adding Mount Gibson Iron (ASX:MGX) To Your Watchlist Today?

Potential Upside For Mount Gibson Iron Limited (ASX:MGX) Not Without Risk

Jul 28
Potential Upside For Mount Gibson Iron Limited (ASX:MGX) Not Without Risk

Mount Gibson Iron Limited's (ASX:MGX) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Jul 15
Mount Gibson Iron Limited's (ASX:MGX) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Will the Promising Trends At Mount Gibson Iron (ASX:MGX) Continue?

Jun 30
Will the Promising Trends At Mount Gibson Iron (ASX:MGX) Continue?

Shareholder Returns

MGXAU Metals and MiningAU Market
7D10.9%5.1%1.0%
1Y25.9%14.3%-2.2%

Return vs Industry: MGX exceeded the Australian Metals and Mining industry which returned 14.3% over the past year.

Return vs Market: MGX exceeded the Australian Market which returned -2.2% over the past year.

Price Volatility

Is MGX's price volatile compared to industry and market?
MGX volatility
MGX Average Weekly Movement8.2%
Metals and Mining Industry Average Movement11.2%
Market Average Movement8.9%
10% most volatile stocks in AU Market15.9%
10% least volatile stocks in AU Market4.1%

Stable Share Price: MGX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MGX's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1938337Peter Kerrhttps://www.mtgibsoniron.com.au

Mount Gibson Iron Limited, together with its subsidiaries, engages in the mining, crushing, processing, transportation, and sale of hematite iron ore in Australia. The company primarily holds interests in the Extension Hill mine and Shine mine deposit in the Mid-West region of Western Australia, as well as operates haulage of the ore through road and rail for export from the Geraldton Port. It is also involved in the mining and direct shipment of hematite iron ore at the Koolan Island mine site in the Kimberley region of Western Australia; and the treasury management activities.

Mount Gibson Iron Limited Fundamentals Summary

How do Mount Gibson Iron's earnings and revenue compare to its market cap?
MGX fundamental statistics
Market CapAU$619.35m
Earnings (TTM)-AU$174.12m
Revenue (TTM)AU$140.70m

4.4x

P/S Ratio

-3.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MGX income statement (TTM)
RevenueAU$140.70m
Cost of RevenueAU$215.48m
Gross Profit-AU$74.78m
Other ExpensesAU$99.33m
Earnings-AU$174.12m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.14
Gross Margin-53.15%
Net Profit Margin-123.75%
Debt/Equity Ratio0.3%

How did MGX perform over the long term?

See historical performance and comparison