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Mount Gibson Iron Limited ( (AU:MGX) ) has issued an announcement.
Mount Gibson Iron Limited has announced an update regarding its ongoing share buy-back program. As of April 11, 2025, the company has repurchased a total of 38,532,576 of its ordinary fully paid shares, indicating a strategic move to potentially enhance shareholder value and optimize its capital structure.
More about Mount Gibson Iron Limited
Mount Gibson Iron Limited operates in the mining industry, focusing primarily on the extraction and sale of iron ore. The company is listed on the Australian Securities Exchange under the code MGX and is involved in the production and marketing of iron ore products.
YTD Price Performance: 12.63%
Average Trading Volume: 1,500
Technical Sentiment Signal: Strong Buy
Current Market Cap: $225.3M
See more insights into MGX stock on TipRanks’ Stock Analysis page.