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The latest update is out from Mount Gibson Iron Limited ( (AU:MGX) ).
Mount Gibson Iron Limited announced an update on their ongoing securities buy-back program. As of January 9, 2025, the company has bought back a total of 15,933,153 ordinary fully paid shares, including 186,170 shares on the previous day. This buy-back effort demonstrates the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Mount Gibson Iron Limited
Mount Gibson Iron Limited is a company operating in the mining industry, primarily focusing on the extraction and distribution of iron ore. The company is listed on the Australian Securities Exchange (ASX) under the code MGX.
YTD Price Performance: -7.37%
Average Trading Volume: 438
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $220.4M
For detailed information about MGX stock, go to TipRanks’ Stock Analysis page.
