MGX Resources Limited (MTGRF) Stock
MGX Resources Limited concentrates its efforts on locating, developing, and extracting hematite iron ore deposits. Its primary operational activities are conducted via the Koolan Island segment.
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About MGX Resources Limited
MGX Resources Limited concentrates its efforts on locating, developing, and extracting hematite iron ore deposits. Its primary operational activities are conducted via the Koolan Island segment. This specific division manages the entire process of its iron ore production, from mining and crushing to the direct sale of the product originating from its Koolan Island site. The company was established in 1996 and its head office is located in West Perth, Australia.
MGX Resources Limited is headquartered in AU.
MGX Resources Limited (MTGRF) stock trades at $0.26 with a market capitalization of $305.14M. The stock is valued at a price-to-earnings (P/E) ratio of -12.97, price-to-book of 0.94, price-to-sales of 1.30. Over the past 52 weeks the stock has ranged between $0.19 and $0.33, and currently trades 21.2% below its 52-week high.
On profitability, MGX Resources Limited generates a return on equity (ROE) of -7.08%, return on capital employed of -0.40%, an operating margin of -0.56%, a net profit margin of -10.01%.
Official website: www.mgx.com.au