Mount Gibson Iron Ltd (ASX: MGX) Share Price and News
Price
Movement
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52 Week Range
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1 Year Return
Mount Gibson Iron Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$637.57 million
P/E Ratio
129.87
Dividend Yield
0.00%
Shares Outstanding
1.21 billion
Earnings per share
0.004
Dividend per share
0.02
Year To Date Return
10.31%
Earnings Yield
0.77%
Franking
100%
Share Price
Day Change
52 Week Range
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Yesterday's Close
Today's Open
Days Range
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Mount Gibson Iron Ltd (ASX: MGX)
Latest News
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Frequently Asked Questions
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Yes, Mount Gibson Iron has historically paid fully franked shareholder dividends. The company’s last dividend was paid in October 2021.
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Mount Gibson Iron Limited listed on the ASX on 12 February 1976.
Dividend Payment History 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 | $0.0000 | 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.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Mount Gibson Iron Ltd
Mount Gibson Iron Ltd (ASX: MGX) is a Western Australia-based iron ore mining company. The company's flagship production asset is the Koolan Island mine in Western Australia's Kimberley region which has the highest grade ore reserve of any operating direct-shipping (DSO) Australian hematite mine. Mount Gibson also holds operating bulk commodity export facilities at Geraldton Port as well as active exploration tenements in WA's mid-western region.
MGX Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 27 Nov 2023 | $0.53 | $-0.01 | -1.87% | 359,306 | $0.53 | $0.54 | $0.53 |
| 24 Nov 2023 | $0.54 | $0.01 | 1.90% | 1,022,030 | $0.53 | $0.54 | $0.52 |
| 23 Nov 2023 | $0.53 | $-0.02 | -3.70% | 1,987,800 | $0.55 | $0.55 | $0.52 |
| 22 Nov 2023 | $0.54 | $-0.02 | -3.60% | 1,649,724 | $0.55 | $0.56 | $0.54 |
| 21 Nov 2023 | $0.56 | $0.00 | 0.00% | 1,277,802 | $0.56 | $0.57 | $0.55 |
| 20 Nov 2023 | $0.56 | $0.01 | 1.82% | 542,594 | $0.55 | $0.56 | $0.55 |
| 17 Nov 2023 | $0.55 | $-0.01 | -1.80% | 773,803 | $0.55 | $0.56 | $0.54 |
| 16 Nov 2023 | $0.56 | $-0.01 | -1.77% | 1,131,927 | $0.57 | $0.57 | $0.55 |
| 15 Nov 2023 | $0.57 | $0.01 | 1.80% | 2,992,422 | $0.56 | $0.57 | $0.55 |
| 14 Nov 2023 | $0.56 | $0.01 | 1.83% | 2,634,101 | $0.55 | $0.57 | $0.55 |
| 13 Nov 2023 | $0.55 | $0.01 | 1.87% | 994,535 | $0.54 | $0.55 | $0.54 |
| 10 Nov 2023 | $0.54 | $0.00 | 0.00% | 980,396 | $0.54 | $0.54 | $0.53 |
| 09 Nov 2023 | $0.54 | $0.01 | 1.89% | 1,335,310 | $0.53 | $0.54 | $0.53 |
| 08 Nov 2023 | $0.53 | $-0.01 | -1.85% | 912,756 | $0.54 | $0.54 | $0.53 |
| 07 Nov 2023 | $0.54 | $0.01 | 1.89% | 914,711 | $0.53 | $0.54 | $0.52 |
| 06 Nov 2023 | $0.53 | $-0.01 | -1.85% | 1,241,616 | $0.55 | $0.56 | $0.53 |
| 03 Nov 2023 | $0.54 | $0.01 | 1.89% | 1,823,717 | $0.53 | $0.54 | $0.52 |
| 02 Nov 2023 | $0.53 | $0.04 | 8.08% | 2,732,407 | $0.51 | $0.53 | $0.50 |
| 01 Nov 2023 | $0.50 | $0.00 | 0.00% | 850,847 | $0.49 | $0.51 | $0.49 |
| 31 Oct 2023 | $0.50 | $-0.01 | -1.98% | 1,359,823 | $0.51 | $0.52 | $0.49 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 23 Feb 2023 | Alan Jones | Sell | 300,000 | $170,070 |
On-market trade.
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Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Simon S. G. Bird | Non-Executive Director | Feb 2012 |
Mr Bird has over 35 years of international corporate experience, including holding the positions of Finance Director with Xpansiv Limited, General Manager Finance at Stockland Limited, Chief Financial Officer of GrainCorp Limited, and Chief Financial Officer of Wizard Mortgage Corporation. Mr Bird is the Chairman of the Financial Risk Committee.
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| Mr Alan Jones | Non-Executive Director | Jul 2006 |
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 Jones was appointed as Chairman of the Governance Committee.
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| 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 and China Investments Company Limited, and a Non-Executive Director of APAC Resources Limited, one of Mount Gibson's substantial shareholders.
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| Professor Paul Peter Dougas | Non-Executive Director | Nov 2011 |
Professor 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 significant 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. He was Chairman of the Contracts Committee.
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| Mr Andrew Charles Ferguson | Alternate Director | Sep 2012 |
Mr Ferguson was appointed Alternate Director to Lee Seng Hui on 24 September 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.
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| 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. Mr. Ding is also a director of Shougang Holding Limited, a company wholly owned by Shougang Group Co., Ltd. A senior engineer with a doctoral degree in ferrous metallurgy from the University of Science and Technology Beijing, 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 organisation in 1989.
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| Ms Evian Delfabbro | Non-Executive Director | Aug 2023 |
No director profile reported.
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| Mr Peter Kerr | Chief Executive Officer | Sep 2012 |
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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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| David Stokes | Company Secretary |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| Everbright Securities Investment Services (Hk) Ltd <Client A/C> | 220,257,802 | 18.14% |
| Apac Resources Investments Limited | 209,867,038 | 17.28% |
| True Plus Limited | 163,866,874 | 13.49% |
| Citicorp Nominees Pty Limited | 110,669,215 | 9.11% |
| Hsbc Custody Nominees (Australia) Limited | 98,913,815 | 8.14% |
| J P Morgan Nominees Australia Pty Limited | 41,273,827 | 3.40% |
| Bnp Paribas Noms Pty Ltd <Drp> | 28,728,990 | 2.37% |
| Debortoli Wines Pty Limited | 23,618,142 | 1.94% |
| Hsbc Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> | 21,204,374 | 1.75% |
| Bnp Paribas Nominees Pty Ltd <Ib Au Noms Retailclient Drp> | 12,653,532 | 1.04% |
| National Nominees Limited | 8,966,844 | 0.74% |
| Mr Peter Kerr | 4,770,803 | 0.39% |
| Bnp Paribas Noms (Nz) Ltd <Drp> | 3,247,710 | 0.27% |
| Mr Jingyun Ouyang | 2,970,964 | 0.24% |
| Bnp Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <Drp A/C> | 2,887,691 | 0.24% |
| Savive Pty Ltd <Savive Super Fund A/C> | 2,757,262 | 0.23% |
| Mr David Stokes | 2,639,035 | 0.22% |
| Hinton Ripley Holdings Pty Ltd | 2,340,000 | 0.19% |
| Mr Mark Mitchell | 2,260,300 | 0.19% |
| Dr Mark Bofinger | 2,183,686 | 0.18% |
