MGX Resources Limited

MGX Resources Limited

0.30
AUD
+0.00
(-1.64%)
0.01EPS
76.79P/E
498.10MMarket Cap
Feb 23Next Earn
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
Revenue per Share
0.59
0.77
0.82
0.3
0.22
0.15
0.23
0.23
0.4
0.26
0.16
0.38
0.55
Basic EPS, GAAP
0.16
0.14
0.09
-0.84
0.08
0.02
0.09
0.12
0.07
0.05
-0.15
- -
0.01
Free Cash Flow per Basic Share
-0.87
0.07
0.05
-0.13
-0.08
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.06
0.04
0.02
0.04
- -
- -
0.02
0.02
0.02
0.01
0.01
- -
- -
Book Value per Share
1.18
1.08
1.16
0.28
0.36
0.38
0.45
0.54
0.58
0.61
0.44
0.44
0.45
Tangible Book Value per Share
1.18
1.08
1.16
0.28
0.36
0.38
0.45
0.54
0.58
0.61
0.44
0.44
0.45
Basic Weighted Avg Shares
1,083
1,089
1,091
1,091
1,091
1,092
1,092
1,113
1,145
1,172
1,196
1,203
1,204
Sales/Revenue/Turnover
637
844
898
323
235
162
250
259
456
300
186
453
668
Operating Margin (%)
45.14
21.35
16.34
-24.08
-0.65
5.03
6.33
15.71
24.7
23.45
-25.5
21.44
23.47
Depreciation Expense
298
195
197
36
12
6
2
4
13
22
29
23
35
Net Income, GAAP
172
157
96
-911
86
26
99
133
84
64
-174
5
6
Effective Tax Rate (%)
28
- -
41.14
- -
- -
- -
- -
- -
30.25
30.53
- -
82.99
87.74
Profit Margin (%)
27.08
18.65
10.73
-281.81
36.75
16.26
39.6
51.49
18.48
21.3
-93.55
1.14
0.96
Working Capital
388
410
508
308
421
441
440
375
406
289
71
207
469
LT Debt
25
9
2
- -
- -
- -
- -
- -
5
7
4
12
3
Total Equity
1,277
1,182
1,262
306
392
419
497
613
671
720
533
539
546
Return on Invested Capital (%)
14.58
- -
6.89
- -
- -
- -
4.01
- -
12.2
7.01
- -
0.76
-0.05
Return on Capital (%)
13.69
- -
7.97
- -
- -
- -
21.93
- -
13.08
9.09
- -
1.09
1.22
Return on Common Equity (%)
14.01
12.79
7.88
-116.28
24.74
6.49
21.65
24.04
13.12
9.21
-27.8
0.97
1.18

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.54%
-1.35%
1.29%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-142.54%
-102.34%
24.16%
Sales/Revenue/Turnover
13.02%
38.9%
47.52%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
186
2023
- -
- -
453
2024
- -
- -
668

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
-0.15
2023
- -
- -
- -
2024
- -
- -
0.01

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
0.01
2023
- -
- -
- -
2024
- -
- -
- -

Company Description

CEO
Peter W. Kerr
Full Time Employees
172
Sector
Non-energy minerals
Industry
Steel
Address
2 Kings Park Road West Perth WA Australia 6005
IPO Date
Feb 12, 1976
Business
Mount Gibson Iron Limited operates as an Australian mining enterprise, actively involved in the extraction, processing, and global distribution of mineral resources. The company has historically been a significant producer of high-grade hematite iron ore, predominantly from its Koolan Island operation in Western Australia's Kimberley region. However, following a substantial rockfall in October 2025, mining activities at Koolan Island have been suspended indefinitely, with remaining ore processed from existing stockpiles ahead of its planned closure. Furthermore, Mount Gibson divested its Mid-West iron ore and infrastructure assets, including interests in the Extension Hill and Shine deposits, in mid-2023. In a strategic pivot, the company acquired a 50% stake in the Central Tanami Gold Project in the Northern Territory in July 2025, marking its entry into precious metals. This shift is part of a broader diversification strategy, with a proposed change of the company's name to MGX Resources. Mount Gibson Iron Limited, established in 1938, maintains its headquarters in West Perth, Australia.

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