Mount Gibson Iron Share Price and Company Fundamentals
Last traded: Yesterday 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.
|Industry / Sector||Steel / Basic Materials|
|Full time employees||307|
|Mailing address||2 Kings Park Road Level 1 West Perth WA 6005 Australia|
|Phone / Fax||61 8 9426 7500 / 61 8 9485 2305|
|Share registry||COMPUTERSHARE INVESTOR SERVICES PTY LIMITED|
Mount Gibson Iron paid $0.03 dividend and the ex-dividend date was 01 Sep 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 3.24%. 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.
As of May 2021, following are the company executives and directors listed on Mount Gibson Iron.
|Mr. Peter W. Kerr B.Comm, CA, F.Fin, M.AusIMM, M.AICD||Chief Exec. Officer||790.89k|
|Ms. Gillian Dobson||Chief Financial Officer||497.13k|
|Mr. Mark Mitchell B.E.||Chief Operating Officer||590.83k|
|Mr. David J. Stokes A.C.I.S., L.L.B., B.Bus, LLB, ACIS||Company Sec. & Gen. Counsel||478.77k|
|John Phaceas||Mang. of Investor & External Relations|
|J. Fitzgerald||Group Financial Controller|
Profitability and management effectiveness
Return on assets
Return on equity
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 1.17B and its enterprise value is 654.25M. The enterprise value to revenue ratio of MGX is 1.45.
The MGX's stocks Beta value is 0.56 making it 44% 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)
- Adbri (ABC)
- Alumina (AWC)
- Amcor Plc (AMC)
- Bhp Group (BHP)
- Bluescope Steel (BSL)
- Boral (BLD)
- Brickworks (BKW)
- CSR (CSR)
- Evolution Mining (EVN)
- Fletcher Building (FBU)
- Fortescue Metals Group (FMG)
- Gold Road Resources (GOR)
- IGO (IGO)
- Iluka Resources (ILU)
- Incitec Pivot (IPL)
- James Hardie Industries Plc (JHX)
- Lynas Rare Earths (LYC)
- Mineral Resources (MIN)
- Newcrest Mining (NCM)
- Northern Star Resources (NST)
- Nufarm (NUF)
- Orica (ORI)
- Orocobre (ORE)
- Orora (ORA)
- Oz Minerals (OZL)
- Perenti Global (PRN)
- Pilbara Minerals (PLS)
- Regis Resources (RRL)
- Resolute Mining (RSG)
- Rio Tinto (RIO)
- Sandfire Resources (SFR)
- Silver Lake Resources (SLR)
- Sims (SGM)
- South32 (S32)
- St Barbara (SBM)
- Western Areas (WSA)
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 $0.99.
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.