Mount Gibson Iron Share Price and Company Fundamentals



Price
$0.97
Change
0.035 (3.743%)
52 week
0.65 - 1.01

Last traded: Today at 6:10 AM

Mount Gibson Iron Limited, together with its subsidiaries, engages in mining and processing of hematite iron ore in Australia. It operates in two segments, Extension Hill and Koolan Island. The company primarily holds interests the Extension Hill mine and Iron Hill deposit in the Mid-West region of Western Australia, and Shine iron ore project, as well as operates haulage of the ore via road and rail for export from the Geraldton Port. It is also involved in 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 was founded in 1996 and is based in West Perth, Australia.

Key Metrics

PE ratio

9.90

PB ratio

1.57

Dividend yield

3.21%

Beta

0.66

Market cap

$1.15B

Enterprise value

$683.9M

Company profile

Primary activities.
Industry / SectorSteel / Basic Materials
Full time employees307
Websitehttp://www.mtgibsoniron.com.au
Mailing address2 Kings Park Road Level 1 West Perth WA 6005 Australia
Phone / Fax61 8 9426 7500 / 61 8 9485 2305
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Annual reports

Published onReport
09 Oct 20202020 Annual Report

Dividends

More: Mount Gibson Iron Dividend history, yield and payout ratio

Dividend yield

3.21%

Dividend amount

$0.03

Payout ratio

30.52%

Mount Gibson Iron paid $0.03 dividend and the ex-dividend date was 01 Sept 2020.The dividend payout ratio is 30.52%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MGX dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MGX's forward dividend amount is $0.03 and the forward dividend yield is 3.21%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2021, following are the company executives and directors listed on Mount Gibson Iron.

NameTitleAgeTotal Pay
Mr. Peter W. Kerr B.Comm, CA, F.Fin, M.AusIMM, M.AICDChief Exec. Officer790.89k
Ms. Gillian DobsonChief Financial Officer497.13k
Mr. Mark Mitchell B.E.Chief Operating Officer590.83k
Mr. David J. Stokes A.C.I.S., L.L.B., B.Bus, LLB, ACISCompany Sec. & Gen. Counsel478.77k
John PhaceasMang. of Investor & External Relations
J. FitzgeraldGroup Financial Controller

Profitability and management effectiveness

Profit margin

25.36%

Operating margin

33.44%

Return on assets

11.57%

Return on equity

16.79%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Mount Gibson Iron is 1.15B and its enterprise value is 683.9M. The enterprise value to revenue ratio of MGX is 1.52.

The MGX's stocks Beta value is 0.66 making it 34% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Mount Gibson Iron (MGX)

Mount Gibson Iron (ASX:MGX) Frequently Asked Questions

1. What is Mount Gibson Iron's Stock Symbol?

Mount Gibson Iron trades on ASX under the ticker symbol "MGX".

2. What is Mount Gibson Iron's stock price today?

One share of MGX stock can currently be purchased for approximately $0.97.

3. How can I contact Mount Gibson Iron?

Mount Gibson Iron's mailing address is 2 Kings Park Road Level 1 West Perth WA 6005 Australia. The company can be reached via phone at 61 8 9426 7500.

4. What is Mount Gibson Iron's official website?

The official website of Mount Gibson Iron is http://www.mtgibsoniron.com.au.

5. Which share registry manages Mount Gibson Iron's stock?

Mount Gibson Iron's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.