Skip to Content

Mount Gibson Iron Ltd MGX

Morningstar Rating
A$0.44 −0.02 (3.33%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MGX is trading at a 37% discount.
Price
A$0.46
Fair Value
A$9.72
Uncertainty
Extreme
1-Star Price
A$1.27
5-Star Price
A$2.13
Economic Moat
Wqzq
Capital Allocation
Lnyzxkvyh
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if MGX is a good fit for your portfolio.

Trading Information

Previous Close Price
A$0.45
Day Range
A$0.440.46
52-Week Range
A$0.380.57
Bid/Ask
A$0.44 / A$0.44
Market Cap
A$528.47 Mil
Volume/Avg
2.4 Mil / 1.1 Mil

Key Statistics

Price/Earnings (Normalized)
3.24
Price/Sales
0.73
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Mount Gibson Iron Ltd is a Western Australia-based iron ore mining company. The activities of the company involve mining, processing and direct shipment of hematite iron ore at the Koolan Island mine site in the Kimberley region of Western Australia; care and maintenance of the Shine hematite iron ore site and related infrastructure, rehabilitation works at the Extension Hill mine site and management of the Geraldton Port facilities in the Mid-West region of Western Australia; treasury management; and the pursuit of mineral resources acquisitions and investments. The company operates into two segments: Mid-West segment and Koolan Island segment. The company derives the majority of its revenue from Koolan Island.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Small Core
Total Number of Employees
337

Comparables

Valuation

Metric
MGX
JMS
BCI
Price/Earnings (Normalized)
3.2410.9934.10
Price/Book Value
0.781.240.68
Price/Sales
0.733.41
Price/Cash Flow
1.31
Price/Earnings
MGX
JMS
BCI

Financial Strength

Metric
MGX
JMS
BCI
Quick Ratio
5.6213.011.01
Current Ratio
6.1413.051.01
Interest Coverage
32.011,429.25−6.18
Quick Ratio
MGX
JMS
BCI

Profitability

Metric
MGX
JMS
BCI
Return on Assets (Normalized)
26.07%9.35%0.99%
Return on Equity (Normalized)
32.73%11.37%1.49%
Return on Invested Capital (Normalized)
30.74%11.16%0.09%
Return on Assets
MGX
JMS
BCI
See how this stock stacks up to its competitors with Morningstar Investor

Steel Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NUE
Nucor CorpRtxgmhjdVqkmf$42.2 Bil
PKX
POSCO Holdings Inc ADRBklzckvpqDxbr$21.8 Bil
STLD
Steel Dynamics IncGgcskhxrwHnmxl$21.2 Bil
MT
ArcelorMittal SA Depository ReceiptFrrhMqhw$20.7 Bil
AMSYF
ArcelorMittal SA New Reg.Shs ex-ArcelorHvfxvphCwwq$20.5 Bil
NISTF
Nippon Steel CorpNpf$20.4 Bil
NPSCY
Nippon Steel Corp ADRXtyyk$20.4 Bil
RS
Reliance IncMlcyrtmbbRzsxjb$16.7 Bil
JFEEF
JFE Holdings IncGfxkj$9.8 Bil
TX
Ternium SA ADRFnbldncmGbfl$8.6 Bil

Sponsor Center