MTGRF
MGX Resources Limited
Price Chart
Latest Quote
$0.33
+0.02 (+5.94%)
Current Price
| Previous Close | $0.31 |
| Open | $0.33 |
| Day High | $0.33 |
| Day Low | $0.33 |
| Volume | 22 |
Stock Information
Note: Financial values converted from AUD to USD
| Shares Outstanding | 1.18B |
| Total Debt | $2.93M |
| Cash Equivalents | $314.79M |
| Revenue | $219.07M |
| Net Income | $-21.63M |
| Sector | Basic Materials |
| Industry | Steel |
| Market Cap | $414.75M |
| EPS (TTM) | $-0.02 |
| Exchange | PNK |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $-146.78M |
| Sales | $219.07M |
| Income | $-21.63M |
| Book/sh | $0.26 |
| Cash/sh | $0.39 |
| Employees | 373 |
Financial Ratios
| Quick Ratio | 6.19 |
| Current Ratio | 6.37 |
| Debt/Eq | 0.98 |
Returns & Margins
| ROA | -8.64% |
| ROE | -6.96% |
| Gross Margin | 2.44% |
| Operating Margin | -36.56% |
| Profit Margin | -9.87% |
Ownership
| Insider Ownership | 19.85% |
| Institutional Ownership | 53.67% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 1.31 |
| P/B | 1.28 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.26 |
| SMA50 | $0.26 |
| SMA200 | $0.28 |
| RSI | nan |
| Shares Float | 378.82M |
| Volatility | 0.85 |
Performance History
| Week | +0.00% |
| Month | +0.00% |
| Quarter | -10.34% |
| 6 Months | -7.14% |
| YTD | -7.14% |
| Year | +23.81% |
| 3 Years | -10.34% |
| 5 Years | -58.04% |
| 10 Years | +88.19% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-23 | $0.26 | 0 |
| 2026-06-22 | $0.26 | 0 |
| 2026-06-18 | $0.26 | 0 |
| 2026-06-17 | $0.26 | 0 |
| 2026-06-16 | $0.26 | 0 |
| 2026-06-15 | $0.26 | 0 |
| 2026-06-12 | $0.26 | 0 |
| 2026-06-11 | $0.26 | 0 |
| 2026-06-10 | $0.26 | 0 |
| 2026-06-09 | $0.26 | 0 |
| 2026-06-08 | $0.26 | 0 |
| 2026-06-05 | $0.26 | 0 |
| 2026-06-04 | $0.26 | 0 |
| 2026-06-03 | $0.26 | 0 |
| 2026-06-02 | $0.26 | 0 |
| 2026-06-01 | $0.26 | 0 |
| 2026-05-29 | $0.26 | 0 |
| 2026-05-28 | $0.26 | 0 |
| 2026-05-27 | $0.26 | 0 |
| 2026-05-26 | $0.26 | 0 |
About MGX Resources Limited
MGX Resources Limited, together with its subsidiaries, engages in the mining, processing, shipment, export, and sale of hematite iron ore in Australia and China. Its flagship project is the Koolan Island mine site located in the Kimberley region of Western Australia. The company is also involved in the treasury management, mineral resources acquisition, and investment activities. The company was formerly known as Mount Gibson Iron Limited and changed its name to MGX Resources Limited in November 2025. The company was incorporated in 1996 and is based in West Perth, Australia.
đ° Latest News
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Period:
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Income Statement (Annual)
| Metric | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $457,198,000 | $315,761,000 | $186,762,000 | $193,786,000 |
| Cost Of Revenue | $457,198,000 | $315,761,000 | $186,762,000 | $193,786,000 |
| Total Revenue | $667,818,000 | $452,685,000 | $186,114,000 | $300,463,000 |
| Operating Revenue | $667,818,000 | $452,685,000 | $186,114,000 | $300,463,000 |
| Expenses | ||||
| Interest Expense | $3,439,000 | $4,940,000 | $1,426,000 | $840,000 |
| Other Income Expense | $-117,324,000 | $-63,151,000 | $-201,018,000 | $16,210,000 |
| Other Non Operating Income Expenses | $41,475,000 | $9,196,000 | $-17,348,000 | $14,961,000 |
| Net Non Operating Interest Income Expense | $12,396,000 | $-4,097,000 | $242,000 | $5,073,000 |
| Total Other Finance Cost | $967,000 | $1,185,000 | $304,000 | $377,000 |
| Interest Expense Non Operating | $3,439,000 | $4,940,000 | $1,426,000 | $840,000 |
| Operating Expense | $53,895,000 | $39,881,000 | $46,817,000 | $36,204,000 |
| General And Administrative Expense | $19,019,000 | $16,590,000 | $16,667,000 | $14,299,000 |
| Other Operating Expenses | - | - | $770,000 | $181,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $6,430,000 | $5,179,000 | $-174,116,000 | $64,006,000 |
| Net Interest Income | $12,396,000 | $-4,097,000 | $242,000 | $5,073,000 |
| Interest Income | $16,802,000 | $2,028,000 | $1,972,000 | $6,290,000 |
| Normalized Income | $117,589,300 | $55,821,900 | $-45,290,038 | $63,138,303 |
| Net Income From Continuing And Discontinued Operation | $6,430,000 | $5,179,000 | $-174,116,000 | $64,006,000 |
| Net Income Common Stockholders | $6,430,000 | $5,179,000 | $-174,116,000 | $64,006,000 |
| Net Income | $6,430,000 | $5,179,000 | $-174,116,000 | $64,006,000 |
| Net Income Including Noncontrolling Interests | $6,430,000 | $5,179,000 | $-174,116,000 | $64,006,000 |
| Net Income Continuous Operations | $6,430,000 | $5,179,000 | $-174,116,000 | $64,006,000 |
| Pretax Income | $52,454,000 | $30,453,000 | $-248,241,000 | $92,133,000 |
| Special Income Charges | $-158,799,000 | $-72,347,000 | $-183,670,000 | $1,249,000 |
| Interest Income Non Operating | $16,802,000 | $2,028,000 | $1,972,000 | $6,290,000 |
| Operating Income | $156,725,000 | $97,043,000 | $-47,465,000 | $70,473,000 |
| Depreciation Amortization Depletion Income Statement | $34,876,000 | $23,291,000 | $29,380,000 | $21,724,000 |
| Depreciation And Amortization In Income Statement | $34,876,000 | $23,291,000 | $29,380,000 | $21,724,000 |
| Depreciation Income Statement | $34,876,000 | $23,291,000 | $29,380,000 | $21,724,000 |
| Gross Profit | $210,620,000 | $136,924,000 | $-648,000 | $106,677,000 |
| Per Share | ||||
| Diluted EPS | $0.01 | $0.00 | $-0.15 | $0.05 |
| Basic EPS | $0.01 | $0.00 | $-0.15 | $0.05 |
| Other | ||||
| Tax Effect Of Unusual Items | $-47,639,700 | $-21,704,100 | $-54,844,038 | $381,303 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $249,568,000 | $131,031,000 | $-33,765,000 | $113,448,000 |
| Total Unusual Items | $-158,799,000 | $-72,347,000 | $-183,670,000 | $1,249,000 |
| Total Unusual Items Excluding Goodwill | $-158,799,000 | $-72,347,000 | $-183,670,000 | $1,249,000 |
| Reconciled Depreciation | $34,876,000 | $23,291,000 | $29,380,000 | $21,724,000 |
| EBITDA (Bullshit earnings) | $90,769,000 | $58,684,000 | $-217,435,000 | $114,697,000 |
| EBIT | $55,893,000 | $35,393,000 | $-246,815,000 | $92,973,000 |
| Diluted Average Shares | $1,204,253,233 | $1,202,968,123 | $1,196,326,732 | $1,174,422,018 |
| Basic Average Shares | $1,204,253,233 | $1,202,968,123 | $1,196,326,732 | $1,172,259,464 |
| Tax Provision | $46,024,000 | $25,274,000 | $-74,125,000 | $28,127,000 |
| Gain On Sale Of Ppe | $301,000 | $3,058,000 | $963,000 | $569,000 |
| Impairment Of Capital Assets | $159,100,000 | $75,405,000 | $184,633,000 | $-680,000 |
| Selling General And Administration | $19,019,000 | $16,590,000 | $16,667,000 | $14,299,000 |
| Other Gand A | $19,019,000 | $16,590,000 | $16,351,000 | $13,699,000 |
| Salaries And Wages | - | - | $316,000 | $600,000 |
Fetched: 2026-02-02
Balance Sheet (Annual)
| Metric | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $546,173,000 | $539,231,000 | $533,104,000 | $719,714,000 |
| Total Assets | $664,298,000 | $676,943,000 | $690,274,000 | $898,235,000 |
| Total Non Current Assets | $134,385,000 | $393,794,000 | $511,924,000 | $486,404,000 |
| Non Current Deferred Assets | $11,990,000 | $55,933,000 | $72,407,000 | - |
| Non Current Deferred Taxes Assets | $11,990,000 | $55,933,000 | $72,407,000 | - |
| Current Assets | $529,913,000 | $283,149,000 | $178,350,000 | $411,831,000 |
| Hedging Assets Current | $198,000 | $196,000 | $9,000 | $13,143,000 |
| Prepaid Assets | $5,481,000 | $6,184,000 | $5,689,000 | $8,025,000 |
| Inventory | $56,346,000 | $105,417,000 | $31,459,000 | $26,530,000 |
| Receivables | $4,856,000 | $6,879,000 | $6,853,000 | $12,553,000 |
| Other Receivables | $4,062,000 | $6,353,000 | $5,088,000 | $6,803,000 |
| Accounts Receivable | $794,000 | $526,000 | $1,807,000 | $5,792,000 |
| Cash Cash Equivalents And Short Term Investments | $463,032,000 | $162,415,000 | $125,573,000 | $351,580,000 |
| Cash And Cash Equivalents | $36,258,000 | $55,038,000 | $77,579,000 | $95,283,000 |
| Cash Equivalents | $18,000,000 | $32,000,000 | - | - |
| Cash Financial | $18,258,000 | $23,038,000 | $77,579,000 | $95,283,000 |
| Other Non Current Assets | - | $165,000 | $606,000 | $1,047,000 |
| Assets Held For Sale Current | - | $2,058,000 | - | - |
| Current Deferred Assets | - | - | $8,767,000 | - |
| Current Deferred Taxes Assets | - | - | $8,767,000 | - |
| Receivables Adjustments Allowances | - | - | $-42,000 | $-42,000 |
| Debt | ||||
| Total Debt | $11,851,000 | $23,045,000 | $11,875,000 | $18,103,000 |
| Long Term Debt And Capital Lease Obligation | $2,707,000 | $11,851,000 | $3,723,000 | $6,530,000 |
| Current Debt And Capital Lease Obligation | $9,144,000 | $11,194,000 | $8,152,000 | $11,573,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $118,125,000 | $137,712,000 | $157,170,000 | $178,521,000 |
| Total Non Current Liabilities Net Minority Interest | $57,576,000 | $61,893,000 | $50,294,000 | $55,524,000 |
| Current Liabilities | $60,549,000 | $75,819,000 | $106,876,000 | $122,997,000 |
| Payables And Accrued Expenses | $43,018,000 | $47,614,000 | $87,500,000 | $72,500,000 |
| Payables | $43,018,000 | $47,614,000 | $87,500,000 | $72,500,000 |
| Other Payable | $34,427,000 | $40,885,000 | $63,389,000 | $41,795,000 |
| Accounts Payable | $8,591,000 | $6,729,000 | $24,111,000 | $30,705,000 |
| Other Current Liabilities | - | $9,125,000 | - | - |
| Non Current Deferred Liabilities | - | - | - | $1,994,000 |
| Non Current Deferred Taxes Liabilities | - | - | - | $1,994,000 |
| Equity | ||||
| Common Stock Equity | $546,173,000 | $539,231,000 | $533,104,000 | $719,714,000 |
| Total Equity Gross Minority Interest | $546,173,000 | $539,231,000 | $533,104,000 | $719,714,000 |
| Stockholders Equity | $546,173,000 | $539,231,000 | $533,104,000 | $719,714,000 |
| Gains Losses Not Affecting Retained Earnings | $925,739,000 | $925,227,000 | $924,956,000 | $948,927,000 |
| Other Equity Adjustments | $925,739,000 | $925,227,000 | $924,956,000 | $948,927,000 |
| Retained Earnings | $-1,012,668,000 | $-1,019,098,000 | $-1,024,277,000 | $-850,161,000 |
| Other | ||||
| Ordinary Shares Number | $1,214,883,733 | $1,212,930,833 | $1,210,568,033 | $1,185,917,178 |
| Share Issued | $1,214,883,733 | $1,212,930,833 | $1,210,568,033 | $1,185,917,178 |
| Tangible Book Value | $546,173,000 | $539,231,000 | $533,104,000 | $719,714,000 |
| Invested Capital | $546,173,000 | $539,231,000 | $533,104,000 | $719,714,000 |
| Working Capital | $469,364,000 | $207,330,000 | $71,474,000 | $288,834,000 |
| Capital Lease Obligations | $11,851,000 | $23,045,000 | $11,875,000 | $18,103,000 |
| Total Capitalization | $546,173,000 | $539,231,000 | $533,104,000 | $719,714,000 |
| Capital Stock | $633,102,000 | $633,102,000 | $632,425,000 | $620,948,000 |
| Common Stock | $633,102,000 | $633,102,000 | $632,425,000 | $620,948,000 |
| Employee Benefits | $597,000 | $452,000 | $175,000 | $113,000 |
| Non Current Pension And Other Postretirement Benefit Plans | $597,000 | $452,000 | $175,000 | $113,000 |
| Long Term Capital Lease Obligation | $2,707,000 | $11,851,000 | $3,723,000 | $6,530,000 |
| Long Term Provisions | $54,272,000 | $49,590,000 | $46,396,000 | $46,887,000 |
| Current Capital Lease Obligation | $9,144,000 | $11,194,000 | $8,152,000 | $11,573,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $7,918,000 | $6,946,000 | $6,247,000 | $5,639,000 |
| Current Provisions | $469,000 | $940,000 | $4,977,000 | $33,285,000 |
| Net PPE | $122,395,000 | $337,696,000 | $438,911,000 | $485,357,000 |
| Accumulated Depreciation | $-2,044,614,000 | $-1,964,013,000 | $-1,933,127,000 | $-1,699,223,000 |
| Gross PPE | $2,167,009,000 | $2,301,709,000 | $2,372,038,000 | $2,184,580,000 |
| Construction In Progress | $9,342,000 | $11,129,000 | $3,695,000 | $13,706,000 |
| Other Properties | $34,691,000 | $36,231,000 | $30,344,000 | $34,021,000 |
| Machinery Furniture Equipment | $228,998,000 | $281,015,000 | $357,060,000 | $334,180,000 |
| Land And Improvements | $101,404,000 | $104,628,000 | $161,571,000 | $160,167,000 |
| Properties | $1,792,574,000 | $1,868,706,000 | $1,819,368,000 | $1,642,506,000 |
| Inventories Adjustments Allowances | $-34,700,000 | $-13,508,000 | $-21,779,000 | $-3,655,000 |
| Other Inventories | $67,051,000 | $95,589,000 | $28,295,000 | $5,085,000 |
| Raw Materials | $23,995,000 | $23,336,000 | $24,943,000 | $25,100,000 |
| Other Short Term Investments | $426,774,000 | $107,377,000 | $47,994,000 | $256,297,000 |
Fetched: 2026-02-02
Cash Flow Statement (Annual)
| Metric | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $267,316,000 | $56,058,000 | $-197,341,000 | $-49,890,000 |
| Operating Activities | ||||
| Cash Flowsfromusedin Operating Activities Direct | $328,210,000 | $130,090,000 | $20,602,000 | $165,193,000 |
| Classesof Cash Receiptsfrom Operating Activities | $675,693,000 | $437,083,000 | $182,897,000 | $346,787,000 |
| Other Cash Receiptsfrom Operating Activities | $8,458,000 | $17,034,000 | $8,360,000 | $8,375,000 |
| Investing Activities | ||||
| Capital Expenditure | $-60,894,000 | $-74,032,000 | $-217,943,000 | $-215,083,000 |
| Investing Cash Flow | $-335,032,000 | $-129,281,000 | $-7,903,000 | $-156,638,000 |
| Cash Flow From Continuing Investing Activities | $-335,032,000 | $-129,281,000 | $-7,903,000 | $-156,638,000 |
| Capital Expenditure Reported | $-551,000 | $-2,059,000 | $-770,000 | $-146,000 |
| Net Other Investing Changes | - | - | $-10,612,000 | - |
| Financing Activities | ||||
| Financing Cash Flow | $-12,008,000 | $-23,660,000 | $-31,898,000 | $-25,957,000 |
| Cash Flow From Continuing Financing Activities | $-12,008,000 | $-23,660,000 | $-31,898,000 | $-25,957,000 |
| Net Other Financing Charges | $-21,309,000 | $-34,000,000 | $-30,303,000 | $-20,290,000 |
| Dividends Received Cfi | $1,200,000 | - | - | - |
| Issuance Of Capital Stock | - | $677,000 | - | $581,000 |
| Net Common Stock Issuance | - | $677,000 | - | $581,000 |
| Common Stock Issuance | - | $677,000 | - | $581,000 |
| Cash Dividends Paid | - | - | $-12,158,000 | $-16,271,000 |
| Common Stock Dividend Paid | - | - | $-12,158,000 | $-16,271,000 |
| Other | ||||
| Repayment Of Debt | $-772,000 | $-26,189,000 | $-957,000 | - |
| Interest Paid Supplemental Data | $1,865,000 | $2,762,000 | $443,000 | $404,000 |
| Income Tax Paid Supplemental Data | $2,146,000 | - | $8,767,000 | - |
| End Cash Position | $36,258,000 | $55,038,000 | $77,579,000 | $95,283,000 |
| Beginning Cash Position | $50,000 | $310,000 | $1,495,000 | $1,024,000 |
| Effect Of Exchange Rate Changes | $55,038,000 | $77,579,000 | $95,283,000 | $111,661,000 |
| Changes In Cash | $-18,830,000 | $-22,851,000 | $-19,199,000 | $-17,402,000 |
| Net Issuance Payments Of Debt | $-772,000 | $-1,189,000 | $-957,000 | - |
| Net Long Term Debt Issuance | $-772,000 | $-1,189,000 | $-957,000 | - |
| Long Term Debt Payments | $-772,000 | $-26,189,000 | $-957,000 | - |
| Interest Received Cfi | $10,521,000 | $1,723,000 | $2,220,000 | $6,915,000 |
| Net Investment Purchase And Sale | $-296,556,000 | $-61,810,000 | $216,056,000 | $50,930,000 |
| Sale Of Investment | $149,000 | $36,501,000 | $208,755,000 | $112,763,000 |
| Purchase Of Investment | $-296,705,000 | $-98,311,000 | $7,301,000 | $-61,833,000 |
| Net Business Purchase And Sale | $10,000,000 | - | - | - |
| Sale Of Business | $10,000,000 | - | - | - |
| Net PPE Purchase And Sale | $-59,646,000 | $-67,135,000 | $-214,797,000 | $-214,337,000 |
| Sale Of PPE | $697,000 | $4,838,000 | $2,376,000 | $600,000 |
| Purchase Of PPE | $-60,343,000 | $-71,973,000 | $-217,173,000 | $-214,937,000 |
| Taxes Refund Paid Direct | $-2,146,000 | - | $-8,767,000 | - |
| Interest Paid Direct | $-1,865,000 | $-2,762,000 | $-443,000 | $-404,000 |
| Classesof Cash Payments | $-343,472,000 | $-304,231,000 | $-153,085,000 | $-181,190,000 |
| Paymentsto Suppliersfor Goodsand Services | $-343,472,000 | $-304,231,000 | $-153,085,000 | $-181,190,000 |
| Receiptsfrom Customers | $667,235,000 | $420,049,000 | $174,537,000 | $338,412,000 |
| Issuance Of Debt | - | $25,000,000 | - | - |
| Long Term Debt Issuance | - | $25,000,000 | - | - |
| Interest Paid Cff | - | - | - | $-122,000 |
Fetched: 2026-02-02