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





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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

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as at 24 Feb 3:44pm

  • Mount Gibson Iron Ltd (ASX: MGX)
    Latest News

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    ASX shares to take advantage of sky high iron ore prices

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    Frequently Asked Questions

    Yes, Mount Gibson Iron has historically paid fully franked shareholder dividends. The company’s last dividend was paid in October 2021.

    Mount Gibson Iron Limited listed on the ASX on 12 February 1976.

    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 $0.0000 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.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size

    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.

    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.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    23 Feb 2023 Alan Jones Sell 300,000 $170,070
    On-market trade.

    Directors & Management Data provided by Morningstar.

    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.
    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.
    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.
    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.
    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.
    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.
    Ms Evian Delfabbro Non-Executive Director Aug 2023
    No director profile reported.
    Mr Peter Kerr Chief Executive Officer Sep 2012
    Mr David Stokes Company Secretary
    Peter Kerr Chief Executive Officer
    G Dobson Chief Financial Officer
    David Stokes Company Secretary

    Top Shareholders Data provided by Morningstar.

    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%