1. Australia Stocks

  2. •

    Basic Materials

  3. •

    Steel
MGX Resources Limited

MGX Resources Limited

MTGRF
MGX Resources LimitedUS flagOther OTC
0.26
USD
-0.03
- -
305.14MMarket Cap
MGX Resources Limited
MTGRF
(Other OTC)

Recent

price

0.26

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
0.48
0.6
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
- -
Revenue per Share
0.12
0.22
0.16
0.14
0.09
-0.84
0.08
0.02
0.09
0.12
0.07
0.05
-0.15
- -
0.01
- -
Basic EPS, GAAP
0.13
-0.05
-0.87
0.07
0.05
-0.13
-0.08
- -
-0.07
-0.11
-0.08
-0.18
-0.18
-0.06
-0.05
- -
Free Cash Flow per Basic Share
- -
- -
0.06
0.04
0.02
0.04
- -
- -
0.02
0.02
0.02
0.01
0.01
- -
- -
- -
Dividend per Share
0.84
1.06
1.16
1.07
1.14
-0.62
-0.54
-0.52
-0.44
-0.33
-0.27
-0.2
-0.33
-0.32
-0.32
- -
Book Value per Share
0.86
1.1
1.18
1.09
1.16
0.28
0.36
0.38
0.46
0.55
0.59
0.61
0.45
0.45
0.45
- -
Tangible Book Value per Share
1,077
1,082
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
1,188
Basic Weighted Avg Shares
519
647
637
844
898
323
235
162
250
259
456
300
186
453
668
- -
Sales/Revenue/Turnover
34.35
53.73
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
- -
Operating Margin (%)
278
220
298
195
197
36
12
6
2
4
13
22
29
23
35
- -
Depreciation Expense
132
240
172
157
96
-911
86
26
99
133
84
64
-174
5
6
- -
Net Income, GAAP
29.69
30.15
28
- -
41.14
- -
- -
- -
- -
- -
30.25
30.53
- -
82.99
87.74
- -
Effective Tax Rate (%)
25.5
37.01
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
- -
Profit Margin (%)
327
418
388
410
508
308
421
441
440
375
406
289
71
207
469
- -
Working Capital
37
16
25
9
2
- -
- -
- -
- -
- -
5
7
4
12
3
- -
LT Debt
927
1,186
1,277
1,182
1,262
306
392
419
497
613
671
720
533
539
546
- -
Total Equity
12.52
20.99
16
- -
6.89
- -
- -
- -
3.46
- -
12.1
6.89
- -
2.98
3.43
- -
Return on Invested Capital (%)
14.44
22.05
14
- -
8.07
- -
- -
- -
-19.15
- -
-25.41
-25.28
- -
-1.62
-1.88
- -
Return on Capital (%)
15.81
23.33
14.34
12.96
7.99
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

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

Working Capital

FRC

•

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

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
453
2024
- -
- -
- -
- -
668
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Similar Companies
Mahamaya Steel Industries Limited (MAHASTEEL.BO)
PT Jakarta Kyoei Steel Works, Tbk (JKSW.JK)
Kossen Co Ltd (009730.KS)
BCI Minerals Limited (BCI.AX)
Urals Stampings Plant PAO (URKZ.ME)
China Vanadium Titano-Magnetite Mining Company Limited (0893.HK)
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.