Mount Gibson Iron Ltd (ASX: MGX) Share Price and News

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Mount Gibson Iron Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $774.76 million
P/E Ratio 10.18
Dividend Yield 3.15%
Shares Outstanding 1.21 billion
Earnings per share -0.065
Dividend per share 0.02
Year To Date Return 49.41%
Earnings Yield 9.82%
Franking 100%
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as at 24 Feb 3:44pm

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Mount Gibson Iron Ltd (ASX: MGX)
Latest News

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Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
01 Sep 2021 $0.0200 100.00% Final 06 Oct 2021
01 Sep 2020 $0.0300 100.00% Final 24 Sep 2020
03 Sep 2019 $0.0400 100.00% Final 26 Sep 2019
22 Aug 2018 $0.0300 100.00% Final 15 Oct 2018
28 Sep 2017 $0.0200 100.00% Final 16 Oct 2017
26 Sep 2014 $0.0400 100.00% Final 15 Oct 2014
24 Sep 2013 $0.0200 100.00% Final 15 Oct 2013
22 Mar 2013 $0.0200 100.00% Interim 15 Apr 2013
02 Oct 2012 $0.0200 100.00% Final 22 Oct 2012
30 Mar 2012 $0.0200 100.00% Interim 20 Apr 2012

MGX ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Mount Gibson Iron Ltd

Mount Gibson Iron Ltd is a Western Australia-based iron ore mining company. It mines hematite iron ore in the Iron Hill deposit at the Extension Hill mine site in the Mid-West region of Western Australia, and haulage of the ore via road and rail for export from the Geraldton Port. Mount Gibson also reconstructs Koolan Island Main Pit seawall with ore sales.

MGX Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
17 May 2022 $0.64 $0.01 1.57% 1,298,440 $0.65 $0.67 $0.64
16 May 2022 $0.64 $-0.01 -1.55% 2,214,220 $0.63 $0.66 $0.63
13 May 2022 $0.65 $0.03 4.88% 1,611,899 $0.62 $0.65 $0.62
12 May 2022 $0.62 $-0.01 -1.60% 1,824,128 $0.63 $0.65 $0.61
11 May 2022 $0.63 $-0.01 -1.59% 1,767,723 $0.63 $0.64 $0.61
10 May 2022 $0.63 $-0.02 -3.08% 3,821,984 $0.63 $0.63 $0.59
09 May 2022 $0.65 $-0.06 -8.45% 2,283,785 $0.69 $0.69 $0.65
06 May 2022 $0.71 $-0.03 -4.05% 3,274,400 $0.71 $0.72 $0.70
05 May 2022 $0.74 $0.02 2.78% 3,314,616 $0.72 $0.74 $0.71
04 May 2022 $0.72 $0.02 2.86% 3,554,049 $0.70 $0.74 $0.70
03 May 2022 $0.70 $0.01 1.44% 1,681,292 $0.69 $0.70 $0.68
02 May 2022 $0.70 $-0.01 -1.43% 1,897,948 $0.69 $0.71 $0.68
29 Apr 2022 $0.70 $0.03 4.48% 3,279,588 $0.68 $0.71 $0.68
28 Apr 2022 $0.67 $0.02 3.08% 3,415,561 $0.65 $0.68 $0.63
27 Apr 2022 $0.65 $0.08 13.91% 8,860,130 $0.56 $0.65 $0.55
26 Apr 2022 $0.58 $-0.08 -12.21% 5,760,981 $0.64 $0.64 $0.57
22 Apr 2022 $0.66 $0.01 1.54% 3,402,207 $0.65 $0.67 $0.63
21 Apr 2022 $0.65 $-0.03 -4.41% 2,572,684 $0.68 $0.68 $0.65
20 Apr 2022 $0.68 $0.00 0.00% 1,523,366 $0.68 $0.69 $0.67

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
06 Oct 2021 Simon Bird Buy 1 $998
Dividend Reinvestment Plan (DRP).
06 Oct 2021 Hui Lee Buy 16 $8,636,397
Dividend Reinvestment Plan (DRP).
06 Oct 2021 Paul Dougas Buy 21 $11,095
Dividend Reinvestment Plan (DRP).
17 Sep 2021 Hui Lee Buy 1 $679,210
On-market trade.
16 Sep 2021 Hui Lee Buy 550 $258,830
On-market trade.
15 Sep 2021 Hui Lee Buy 825 $379,747
On-market trade.
14 Sep 2021 Hui Lee Buy 1 $486,670
On-market trade.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Russell Christopher Barwick Non-Executive Director Nov 2011
Mr Barwick is a mining engineer with 45 years of technical, operational, managerial and corporate experience in international mining companies covering various commodities. He has worked for Bougainville Copper Limited (CRA), Pancontinental Mining Ltd (Jabiluka Uranium) and CSR Limited (coal). He has spent 16 years with Placer Dome Asia Pacific in key development, operational and corporate roles in numerous countries culminating in his appointment as Managing Director of Placer Niugini Ltd. He then served as Managing Director of Newcrest Mining Limited (2000 to 2001). For the four years to the end of 2006, Mr Barwick was the Chief Operating Officer of Wheaton River Minerals Ltd and Goldcorp Inc., based in Vancouver, Canada. He was subsequently the Chief Executive Officer of Canada-based Gammon Gold Inc. before returning to Australia in 2008. His extensive geographic and corporate mining experience ranges from: Latin America, North America, Europe, Africa and Asia Pacific. Mr Barwick is Chairman of the Operational Risk and Sustainability Committee.
Mr Simon S. G. Bird Non-Executive Director Feb 2012
Mr Bird has over 30 years of international corporate experience, including holding the positions of General Manager Finance at Stockland Limited, Chief Financial Officer of GrainCorp Limited, and Chief Financial Officer of Wizard Mortgage Corporation. He was also Chief Executive Officer of ASX-listed King Island Scheelite Limited. Mr Bird is the Chairman of the Financial Risk Management Committee.
Mr Alan Jones Non-Executive Director Jul 2006
Mr Jones is a Chartered Accountant with senior management and board experience in listed and unlisted Australian public companies, particularly in the construction, engineering, finance and investment industries. Mr Jones has been involved in the successful merger and acquisition of a number of public companies in Australia and internationally. He is a Non-Executive Director of Mulpha Australia Ltd, Sun Hung Kai & Co Ltd (Hong Kong), Allied Group Ltd (Hong Kong), Allied Properties (H.K.) Limited and Air Change International Limited.
Mr Hui Seng Lee Non-Executive DirectorNon-Executive Chairman Jan 2010
Mr Lee is the Chief Executive and an Executive Director of Allied Group Limited which is listed on the Hong Kong Stock Exchange. He is also the Chairman and a Non-Executive Director of Tian An China Investments Company Limited, and a Non-Executive Director of APAC Resources Limited, one of Mount Gibson's substantial shareholders. Mr Lee was previously the Chairman and a Non-Executive Director of Asiasec Properties Limited.
Professor Paul Peter Dougas Non-Executive Director Nov 2011
Prof Dougas has 40 years of design, process, project engineering, managerial, commercial and corporate experience having commenced his career in the Melbourne & Metropolitan Board of Works before joining engineering firm Sinclair Knight Merz (SKM) in 1978. From initial technical roles, he assumed leadership roles in Sydney before returning to Melbourne as Associate Director and Victorian Branch Manager in 1985. In 1995 he was appointed Managing Director Elect and Director of Marketing before becoming Chief Executive Officer and Managing Director in 1996. For the following 15 years, he led a expansion of SKM locally and internationally involving more than 50 local and international acquisitions. Professor Dougas was a Non-Executive Director of ConnectEast Ltd from 2009 until its takeover in September 2011 and was also on the SKM Board from 1990 until 2011. He is currently a Non-Executive Director of Epworth Healthcare and is a former Chairman of the Global Carbon Capture and Storage Institute, and Norman, Disney & Young and a former Non-Executive Director of Beacon Foundation and Calibre Group Limited. Prof Dougas is Chairman of the Contracts Committee.
Mr Andrew Charles Ferguson Alternate Director Sep 2012
Mr Ferguson is Chief Executive Officer and an Executive Director of APAC Resources Ltd, one of Mount Gibson's substantial shareholders. He has over 20 years of experience in the finance industry specialising in global natural resources. In 2003, Mr Ferguson co-founded New City Investment Managers in the United Kingdom. He was the former co-fund manager of City Natural Resources High Yield Trust, and managed New City High Yield Trust Ltd and Geiger Counter Ltd. He has also worked as Chief Investment Officer for New City Investment Managers CQS Hong Kong.
Mr Rucai Ding Non-Executive Director Dec 2019
Mr Ding is the Chairman and executive director of Hong Kong listed Shougang Fushan Resources Group Limited (Shougang Fushan). Shougang Fushan is Mount Gibson's second largest shareholder with a 13.8% shareholding. Shougang Fushan also holds a 17.6% share interest in APAC Resources Limited, Mount Gibson's largest shareholder with a 36.3% shareholding. Mr. Ding is also a director of Shougang Holding (Hong Kong) Limited, a company wholly owned by Shougang Group Co., Ltd (Shougang Group). Mr Ding has more than 30 years experience in the steel and coal resources industry, having held a variety of senior management and executive roles since joining the Shougang Group in 1989.
Mr Peter Kerr Chief Executive Officer Oct 2018
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Mr David Stokes Company Secretary
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Peter Kerr Chief Executive Officer
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G Dobson Chief Financial Officer
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M Mitchell Chief Operating Officer
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David Stokes Company Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Sun Hung Kai Investment Services Limited <Client A/C> 211,916,283 17.84%
Apac Resources Investments Limited 201,919,034 17.00%
HSBC Custody Nominees (Australia) Limited 179,621,521 15.12%
True Plus Limited 163,866,874 13.80%
Citicorp Nominees Pty Limited 65,220,842 5.49%
J P Morgan Nominees Australia Pty Limited 59,003,728 4.97%
Debortoli Wines Pty Limited 34,546,165 2.91%
National Nominees Limited <Db A/C> 18,322,394 1.54%
BNP Paribas Noms Pty Ltd <DRP> 7,174,219 0.60%
BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient Drp> 6,993,146 0.59%
De Bortoli Wines (Superannuation) Pty Limited <De Bortoli Wines Pl S/F A/C> 4,850,000 0.41%
National Nominees Limited 4,742,102 0.40%
Mr Peter Walker Kerr 3,430,003 0.29%
Bnp Paribas Nominees Pty Ltd <Agency Lending Drp A/C> 2,541,144 0.21%
Mango & Chubb Pty Ltd <Superannuation Fund A/C> 2,491,877 0.21%
Savive Pty Ltd <Savive Super Fund A/C> 2,482,262 0.21%
HSBC Custody Nominees (Australia) Limited <NT Comnwlth Super Corp A/C> 2,401,623 0.20%
Neweconomy Com Au Nominees Pty Limited <900 Account> 2,106,257 0.18%
Mr Sam Sabounebnp 2,000,000 0.17%
Paribas Nominees Pty Ltd Six Sis Ltd <Drp A/C> 1,904,450 0.16%

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