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An announcement from Mount Gibson Iron Limited ( (AU:MGX) ) is now available.
Mount Gibson Iron Limited held its 2025 Annual General Meeting, where all proposed resolutions were carried. Key resolutions included the election of Brett Smith as a director and the approval of potential termination benefits for key executives under the company’s Loan Share Plan. Additionally, a special resolution to change the company’s name was overwhelmingly approved. These outcomes reflect strong shareholder support for the company’s governance and strategic direction.
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 is a company operating in the iron ore mining industry, primarily focused on the extraction and sale of iron ore. It is based in Western Australia and is listed on the Australian Securities Exchange under the code MGX.
Average Trading Volume: 1,924,013
Technical Sentiment Signal: Buy
Current Market Cap: A$442.7M
Find detailed analytics on MGX stock on TipRanks’ Stock Analysis page.