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

Price

 

Movement

   

  (20 mins delayed)

52 Week Range

  -  

 
1 Year Return

 

Mount Gibson Iron Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $544.76 million
P/E Ratio 8.35
Dividend Yield 4.40%
Shares Outstanding 1.21 billion
Earnings per share 0.098
Dividend per share 0.02
Year To Date Return -48.37%
Earnings Yield 11.98%
Franking 100%
Share Price

Day Change

52 Week Range

-

Yesterday's Close

Today's Open

Days Range

-

Volume

Avg. Volume (1 month)

Turnover

as at 24 Feb 3:44pm

Should you invest $1,000 in right now?

Before you consider , you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

Mount Gibson Iron Ltd (ASX: MGX)
Latest News

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
14 Oct 2021 $0.45 $0.01 2.25% 1,757,361 $0.45 $0.46 $0.44
13 Oct 2021 $0.45 $-0.01 -2.20% 2,831,863 $0.47 $0.47 $0.44
12 Oct 2021 $0.46 $-0.02 -4.26% 4,571,903 $0.48 $0.49 $0.46
11 Oct 2021 $0.47 $0.00 0.00% 4,153,285 $0.47 $0.48 $0.46
08 Oct 2021 $0.47 $0.03 6.90% 7,536,056 $0.44 $0.48 $0.43
07 Oct 2021 $0.44 $0.02 4.82% 2,394,298 $0.42 $0.44 $0.42
06 Oct 2021 $0.42 $0.00 0.00% 4,993,738 $0.43 $0.43 $0.42
05 Oct 2021 $0.42 $-0.04 -8.89% 6,275,463 $0.45 $0.45 $0.42
04 Oct 2021 $0.45 $0.01 2.25% 3,111,653 $0.46 $0.46 $0.44
01 Oct 2021 $0.45 $-0.04 -8.33% 8,902,760 $0.45 $0.47 $0.44
28 Sep 2021 $0.48 $-0.02 -4.04% 6,075,551 $0.50 $0.50 $0.47
27 Sep 2021 $0.50 $0.02 4.21% 7,264,668 $0.48 $0.51 $0.47
24 Sep 2021 $0.48 $-0.02 -4.08% 4,207,760 $0.49 $0.49 $0.47
23 Sep 2021 $0.49 $0.01 2.08% 12,634,616 $0.51 $0.52 $0.47
22 Sep 2021 $0.48 $0.05 11.63% 10,791,938 $0.44 $0.49 $0.43
21 Sep 2021 $0.43 $0.03 7.41% 7,738,773 $0.40 $0.45 $0.40
20 Sep 2021 $0.41 $-0.02 -4.71% 7,328,886 $0.42 $0.43 $0.40
17 Sep 2021 $0.43 $-0.05 -10.53% 12,677,550 $0.46 $0.47 $0.43
16 Sep 2021 $0.48 $0.01 2.15% 4,320,247 $0.46 $0.48 $0.45
15 Sep 2021 $0.47 $0.00 0.00% 6,449,208 $0.48 $0.48 $0.45
14 Sep 2021 $0.47 $0.00 0.00% 6,843,833 $0.48 $0.49 $0.47

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.
13 Nov 2020 Paul Dougas Transfer 200 $139,000
Off-market transfer. Assuming 200,000 Direct shares transferred to Indirect shares.
13 Nov 2020 Paul Dougas Buy 20 $14,100
On-market trade.
13 Nov 2020 Paul Dougas Transfer 200 $139,000
Off-market transfer. Assuming 200,000 Direct shares transferred to Indirect shares.
02 Nov 2020 Hui Lee Buy 170 $112,872
On-market trade.
30 Oct 2020 Hui Lee Buy 45 $30,218
On-market trade.
29 Oct 2020 Hui Lee Buy 123 $81,282
On-market trade.
28 Oct 2020 Hui Lee Buy 916 $614,205
On-market trade.
27 Oct 2020 Hui Lee Buy 73 $49,306
On-market trade.
22 Oct 2020 Hui Lee Buy 250 $173,902
On-market trade.
20 Oct 2020 Hui Lee Buy 5 $3,571,425
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 Chairman of the Operational Risk and Sustainability Committee. Mr Barwick has 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 geographic and corporate mining experience ranges from: Latin America, North America, Europe, Africa and Asia Pacific. He is currently the Chairman of Red Metal Ltd and a director of Lithium Power International.
Mr Simon S. G. Bird Non-Executive Director Feb 2012
Mr Bird is the Chairman of the Financial Risk Management Committee. 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 King Island Scheelite Limited, a former Director of CPA Australia Limited.
Mr Alan Jones Non-Executive Director Jul 2006
Mr Jones is the current Chairman of the Governance Committee. Mr Jones has senior management and 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 and Allied Properties (H.K.) Limited both of which are 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
Professor Dougas is Chairman of the Contracts Committee. He 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.
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. Mr Ferguson has worked as a mining engineer in Western Australia in the mid 1990's. 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 has more than 30 years' experience in the steel and coal resources industry, having held a various senior management and executive roles since joining the Shougang Group Co., Ltd. ("Shougang Group") in 1989. Mr Ding is the Chairman and executive director of Shougang Fushan and a director of Shougang Holding (Hong Kong) Limited.
Mr Peter Kerr Chief Executive Officer Oct 2018
-
Mr David Stokes Company Secretary
-
Peter Kerr Chief Executive Officer
-
David Stokes Company Secretary
-

Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Sun Hung Kai Investment Services Limited (Client A/C) 203,368,974 17.53%
Apac Resources Investments Limited 193,774,949 16.70%
True Plus Limited 163,866,874 14.12%
HSBC Custody Nominees (Australia) Limited 121,946,895 10.51%
J P Morgan Nominees Australia Pty Limited 72,213,527 6.22%
Citicorp Nominees Pty Limited 64,552,716 5.56%
Debortoli Wines Pty Limited 34,546,165 2.98%
Merrill Lynch (Australia) Nominees Pty Limited 33,153,762 2.86%
National Nominees Limited 11,427,651 0.98%
National Nominees Limited (Db A/C) 10,762,399 0.93%
Cs Third Nominees Pty Limited (Hsbc Cust Nom Au Ltd 13 A/C) 8,636,754 0.74%
Ecapital Nominees Pty Limited (Accumulation A/C) 7,890,227 0.68%
BNP Paribas Noms Pty Ltd (Drp) 7,334,468 0.63%
UBS Nominees Pty Ltd 5,376,617 0.46%
De Bortoli Wines (Superannuation) Pty Limited (De Bortoli Wines Pl S/F A/C) 4,850,000 0.42%
Warbont Nominees Pty Ltd (Unpaid Entrepot A/C) 4,736,029 0.41%
Bnp Paribas Nominees Pty Ltd (Agency Lending Drp A/C) 4,404,798 0.38%
Mr Peter Kerr 4,048,043 0.35%
Mr David Stokes 2,845,571 0.25%
Zero Nominees Pty Ltd 2,775,000 0.24%

Profile

since

Note