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Mount Gibson Iron Limited ( (AU:MGX) ) just unveiled an announcement.
Mount Gibson Iron Limited has announced an update on their ongoing on-market buy-back of shares. The company has repurchased a total of 15,973,153 ordinary fully paid securities, with an additional 268,638 securities bought back on the previous trading day. This buy-back strategy indicates a focus on enhancing shareholder value and managing capital effectively.
More about Mount Gibson Iron Limited
Mount Gibson Iron Limited operates in the mining industry, primarily focusing on the extraction and supply of iron ore. The company is a significant player in the iron ore market, catering to various industrial clients and contributing to the raw materials sector.
YTD Price Performance: -2.14%
Average Trading Volume: 438
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $220M
Find detailed analytics on MGX stock on TipRanks’ Stock Analysis page.
