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Mount Gibson Iron logo

MGX - Mount Gibson Iron Share Price

A$0.99 0.0  0.0%

Last Trade - 7:10am

Sector
Basic Materials
Size
Mid Cap
Market Cap £650.9m
Enterprise Value £415.3m
Revenue £253.1m
Position in Universe 274th / 1911
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +16.3%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -1.98%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
327.9 244.9 194.8 266.3 289.5 452.3 353.3 701.1 +6.6%
-45.3 +65.2 +269.4 -37.2 +25.1 +306.5
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 31 December 2020, MountGibson Iron Limited revenues increased 2% to A$262.3M. Netincome before extraordinary items increased 67% to A$74.6M.Revenues reflect Koolan Island segment increase of 5% toA$175M, Extension Hill segment increase of 3% to A$65.7M.Net income benefited from FV Adjustments of FinancialInvestments decrease from A$1.4M (expense) to A$5.8M(income).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for MGX
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
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Profile Summary

Mount Gibson Iron Limited is a producer of iron ore products. The Company's principal activities include mining and shipment of hematite iron ore at Koolan Island in the Kimberley region of Western Australia; mining of hematite iron ore deposits at the Extension Hill mine site in the Mid-West region of Western Australia and haulage of the ore through road and rail for sale from the Geraldton Port, and exploration and development of hematite iron ore deposits at Koolan Island and in the Mid-West region of Western Australia. The Company operates through two segments: Extension Hill and Koolan Island. The Extension Hill segment includes the mining, crushing, transportation and sale of iron ore. The Extension Hill mine is located in the Mt Gibson Ranges. The Koolan Island segment includes the mining, crushing and sale of iron ore. The Company's Koolan Island hematite mining operation is located approximately 140 kilometers north of Derby in Yampi Sound, Western Australia.

Directors
Last Annual June 30th, 2020
Last Interim December 31st, 2020
Incorporated April 6, 1938
Public Since March 31, 2006
No. of Shareholders: 10,004
No. of Employees: 307
Sector Basic Materials
Industry Metals & Mining
Index S&P/ASX All Ordinaries , S&P/ASX 300 , ASX Small Ordinaries ,
Exchange Australian Stock Exchange - SEATS
Shares in Issue 1,185,917,178
Free Float (0.0%)
Eligible for
ISAs
SIPPs
MGX Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for MGX
Upcoming Events for MGX
Monday 16th August, 2021 Estimate
Full Year 2021 Mount Gibson Iron Ltd Earnings Release
Thursday 11th November, 2021 Estimate
Mount Gibson Iron Ltd Annual Shareholders Meeting
Frequently Asked Questions for Mount Gibson Iron
What is the Mount Gibson Iron share price?

As of 7:10am, shares in Mount Gibson Iron are trading at A$0.99, giving the company a market capitalisation of £650.9m. This share price information is delayed by 15 minutes.

How has the Mount Gibson Iron share price performed this year?

Shares in Mount Gibson Iron are currently trading at A$0.99 and the price has moved by 65% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Mount Gibson Iron price has moved by 24.58% over the past year.

What are the analyst and broker recommendations for Mount Gibson Iron?

Of the analysts with advisory recommendations for Mount Gibson Iron, there are there are currently 1 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Mount Gibson Iron is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Mount Gibson Iron next release its financial results?

Mount Gibson Iron is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Mount Gibson Iron dividend yield?

The Mount Gibson Iron dividend yield is 3.03% based on the trailing twelve month period.

Does Mount Gibson Iron pay a dividend?

Last year, Mount Gibson Iron paid a total dividend of 0.03, and it currently has a trailing dividend yield of 3.03%. Looking ahead, Mount Gibson Iron has not announced an ex-dividend date yet.

When does Mount Gibson Iron next pay dividends?

Mount Gibson Iron has yet to annouce their ex-dividend date. The historic dividend yield on Mount Gibson Iron shares is currently 3.03%.

How do I buy Mount Gibson Iron shares?

To buy shares in Mount Gibson Iron you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Mount Gibson Iron?

Shares in Mount Gibson Iron are currently trading at A$0.99, giving the company a market capitalisation of £650.9m.

Where are Mount Gibson Iron shares listed? Where are Mount Gibson Iron shares listed?

Here are the trading details for Mount Gibson Iron:

Country of listing: Australia
Exchange: ASX
Ticker Symbol: MGX
What kind of share is Mount Gibson Iron?

Based on an overall assessment of its quality, value and momentum, Mount Gibson Iron is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Mount Gibson Iron share price forecast 2021?

Shares in Mount Gibson Iron are currently priced at A$0.99. At that level they are trading at 13.64% discount to the analyst consensus target price of 0.00.

Analysts covering Mount Gibson Iron currently have a consensus Earnings Per Share (EPS) forecast of 0.093 for the next financial year.

How can I tell whether the Mount Gibson Iron share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Mount Gibson Iron. Over the past six months, the relative strength of its shares against the market has been 29.3%. At the current price of A$0.99, shares in Mount Gibson Iron are trading at 21.02% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Mount Gibson Iron PE Ratio?

The Mount Gibson Iron PE ratio based on its reported earnings over the past 12 months is 9.99. The shares are currently trading at A$0.99.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Mount Gibson Iron?

Mount Gibson Iron's management team is headed by:

Seng Hui Lee - NEC
Russell Barwick - NID
Paul Dougas - NID
Simon Bird - LED
David Stokes - GCN
Peter Kerr - CEO
Gillian Dobson - CFO
Mark Mitchell - COO
Ding Rucai - NED
Who are the major shareholders of Mount Gibson Iron?

Here are the top five shareholders of Mount Gibson Iron based on the size of their shareholding:

APAC Resources Ltd Investment Advisor
Percentage owned: 36.41% (431.8m shares)
True Plus Ltd. Corporation
Percentage owned: 13.82% (163.9m shares)
Shoucheng Holdings Ltd Corporation
Percentage owned: 13% (154.2m shares)
Fidelity Management & Research Company LLC Investment Advisor
Percentage owned: 3.82% (45.3m shares)
De Bortoli Wines Pty. Ltd. Corporation
Percentage owned: 2.91% (34.5m shares)
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