MGX MGX Resources Limited
Basic Materials · Steel
· website
· 373 employees
$0.33
52wk 0.32 – 0.49
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About MGX Resources Limited
MGX Resources Limited, together with its subsidiaries, engages in the mining, processing, shipment, export, and sale of hematite iron ore in Australia and China. Its flagship project is the Koolan Island mine site located in the Kimberley region of Western Australia. The company is also involved in the treasury management, mineral resources acquisition, and investment activities. The company was formerly known as Mount Gibson Iron Limited and changed its name to MGX Resources Limited in November 2025. The company was incorporated in 1996 and is based in West Perth, Australia.
Commodity exposure
Primary exposure: Iron Ore (detected from the company profile: iron ore, hematite)
Iron Ore
primary
No direct price series on Yahoo Finance
Fundamental trends
Financial statements
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Key metrics
Market cap
$383.64M
P/E (trailing)
—
P/E (forward)
16.25
EPS (trailing)
-0.03
Dividend yield
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Payout ratio
0.0%
Beta
0.88
EV / EBITDA
-6.45
Price / Book
0.89
ROE
-7.0%
Operating margin
-36.6%
Net margin
-9.9%
Total cash
$456.17M
Total debt
$4.25M
Current ratio
6.37
Debt / Equity
0.01
Free cash flow
$82.33M
Avg volume
680,035
Latest annual results
(FY ending 30 Jun 2024)
- Revenue$667.82M
- Gross profit$210.62M
- Operating income$156.72M
- Net income$6.43M
- Diluted EPS0.01
- Free cash flow$267.32M
- Net debt-$24.41M