MOUNT GIBSON IRON LIMITED (MGX)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

MGX - MOUNT GIBSON IRON LIMITED

FNArena Sector : Iron Ore
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.04
Index: ALL-ORDS

Mount Gibson Iron is an Australian iron ore producer with operations in the Kimberley and mid-west region of Western Australia. The Mount Gibson name was listed on the ASX in 2002.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.30

21 Nov
2024

-0.005

OPEN

$0.31

-1.64%

HIGH

$0.31

360,994

LOW

$0.30

TARGET
$0.38 26.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ARI . BCI . CIA . DRR . FEX . FMG . GEN . GRR . MIN . RHK .
FNARENA'S MARKET CONSENSUS FORECASTS
MGX: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 0.5 - 3.6 xxx
DPS (cps) xxx 0.0 - 1.0 xxx
EPS Growth xxx 23.3% N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A - 3.3% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 01/09 - ex-div 2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx0.5
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx667.8 M
Book Value Per Share xxxxxxxxxxxxxxx45.0
Net Operating Cash Flow xxxxxxxxxxxxxxx339.2 M
Net Profit Margin xxxxxxxxxxxxxxx0.96 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx1.18 %
Return on Invested Capital xxxxxxxxxxxxxxx1.17 %
Return on Assets xxxxxxxxxxxxxxx0.92 %
Return on Equity xxxxxxxxxxxxxxx1.18 %
Return on Total Capital xxxxxxxxxxxxxxx28.37 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx278.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx9 M
Long Term Debt xxxxxxxxxxxxxxx3 M
Total Debt xxxxxxxxxxxxxxx12 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx442 M
Price To Book Value xxxxxxxxxxxxxxx0.91

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx60.9 M
Capex % of Sales xxxxxxxxxxxxxxx9.12 %
Cost of Goods Sold xxxxxxxxxxxxxxx494 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx15 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

16/09/2024

1

Outperform

$0.38

26.67%

Macquarie updates forecasts for the latest commodity price outlook from Macquarie Economics and Commodities Strategy.

The broker believes there is ongoing iron ore oversupply, concluding the market will remain weak for the next six to twelve months as Onslow ramps up and Chinese steel mills reduce pig iron.

Macquarie prefers met coal and views that prices are starting to bottom. Regarding manganese, the broker highlights disappointing demand on recent price performance and headwinds to be sustained over the rest of 2024.

Mount Gibson Iron is Outperform rated with a 38c target.

FORECAST
Macquarie forecasts a full year FY25 dividend of -1.00 cents and EPS of minus -3.60 cents.
Macquarie forecasts a full year FY26 dividend of 0.00 cents and EPS of 2.40 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

MGX STOCK CHART

FNArena News on MGX

1
In Brief: Retail, Travel, Top Dividends, Banks & Telstra

May 24 2024 - Weekly Reports
2
Iron Ore: Uptrend

Sep 20 2023 - Technicals
3
FNArena Corporate Results Monitor – 24-08-2023

Aug 24 2023 - Australia
4
Iron Ore: Remain Neutral

Jul 12 2023 - Technicals
5
Weekly Ratings, Targets, Forecast Changes – 16-06-23

Jun 19 2023 - Weekly Reports

Latest Iron Ore News

1
Fortescue Looks Poised

Nov 05 2024 - Technicals
2
Quality Ore Elevates A Champion

Oct 10 2024 - ESG Focus
3
The Downs And Ups Of Mineral Resources

Sep 19 2024 - Commodities
4
Fortescue Shares Oversold

Jul 09 2024 - Technicals
5
Rudi’s View: Copper, Lithium, Retailers & TechnologyOne

Jun 27 2024 - Rudi's View
6
Deterra Seeks Growth Through Diversification

Jun 18 2024 - Small Caps
7
ESG Focus: The Little Big Things – 15-05-2024

May 15 2024 - ESG Focus
8
Fortescue: Ready To Rally

Mar 26 2024 - Technicals
9
ESG Focus: Grid Set To Enter An Iron Age

Sep 21 2023 - ESG Focus
10
Mineral Resources: Downturn Complete

Jul 04 2023 - Technicals