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Mount Gibson Iron Limited ( (AU:MGX) ) just unveiled an update.
Mount Gibson Iron Limited has announced the final notification of its share buy-back program, which was initially announced on September 10, 2025. The buy-back is scheduled to commence on October 1, 2025, and conclude on September 30, 2026. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:MGX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Mount Gibson Iron Limited stock, see the AU:MGX Stock Forecast page.
More about Mount Gibson Iron Limited
Mount Gibson Iron Limited operates in the mining industry, primarily focusing on the extraction and sale of iron ore. The company is listed on the Australian Securities Exchange (ASX) under the code MGX.
Average Trading Volume: 1,915,335
Technical Sentiment Signal: Buy
Current Market Cap: A$430.9M
Learn more about MGX stock on TipRanks’ Stock Analysis page.