Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
An update from Mount Gibson Iron Limited ( (AU:MGX) ) is now available.
Mount Gibson Iron Limited has announced an update on its ongoing share buy-back program. The company reported purchasing an additional 153,700 ordinary fully paid securities as part of their market buy-back, bringing the total number of securities bought back to 16,297,166. This strategic move is likely aimed at optimizing capital structure and potentially improving shareholder value.
More about Mount Gibson Iron Limited
Mount Gibson Iron Limited is a company operating in the iron ore industry, focusing on the extraction and production of iron ore products. It is listed on the Australian Securities Exchange under the code MGX, and its market activities are centered around the mining and sale of iron ore.
YTD Price Performance: 1.58%
Average Trading Volume: 438
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $223.1M
See more insights into MGX stock on TipRanks’ Stock Analysis page.
