Mount Gibson Iron Limited ( (AU:MGX) ) just unveiled an update.
Mount Gibson Iron Limited has announced an update regarding its ongoing share buy-back program. As of March 31, 2025, the company has repurchased a total of 32,696,469 shares, with an additional 398,441 shares bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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 known for its production of high-grade iron ore and has a significant presence in the Australian market.
YTD Price Performance: 14.44%
Average Trading Volume: 1,500
Technical Sentiment Signal: Buy
Current Market Cap: $246.5M
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