Mount Gibson Iron Limited (AU:MGX)
ASX:MGX
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Mount Gibson Iron Limited
(Sydney:MGX)
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Rating:52Neutral
Price Target:
AU$0.43
▼(-7.66% Downside)
Action:ReiteratedDate:11/30/25
The overall stock score is primarily influenced by financial performance challenges, including declining revenues and profitability. Technical analysis suggests a neutral trend with potential overbought conditions. Valuation concerns are highlighted by a negative P/E ratio and lack of dividend yield, indicating potential risks. The absence of earnings call and corporate events data limits further insights.
Positive Factors
Strong balance sheet / low leverage
A robust equity base and low leverage give Mount Gibson durable financial flexibility across commodity cycles. This capital structure reduces refinancing and solvency risk, supports funding of working capital and maintenance capex, and allows opportunistic investment without immediate reliance on external debt.
Negative Factors
Declining revenue trend
Material revenue decline erodes scale benefits and increases per‑unit cost pressure in a low‑margin commodity business. Falling top line reduces internal funding for investment and heightens sensitivity to volume and price swings, making multi‑period planning and margin recovery more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet / low leverage
A robust equity base and low leverage give Mount Gibson durable financial flexibility across commodity cycles. This capital structure reduces refinancing and solvency risk, supports funding of working capital and maintenance capex, and allows opportunistic investment without immediate reliance on external debt.
Read all positive factors
Mount Gibson Iron Limited (MGX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$430.86M
Dividend YieldN/A
Average Volume (3M)819.69K
Price to Earnings (P/E)―
Beta (1Y)0.98
Revenue Growth-48.05%
EPS Growth-1394.34%
CountryAU
Employees389
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)-0.02
Shares Outstanding1,180,428,700
10 Day Avg. Volume788,205
30 Day Avg. Volume819,690
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.71
Price to Sales (P/S)0.97
P/FCF Ratio9.38
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mount Gibson Iron Limited Business Overview & Revenue Model
Company Description
MGX Resources Ltd. engages in the business of mining, exploration, and development of hematite iron ore deposits. It operates through the Koolan Island segment. The Koolan Island segment includes the mining, crushing and sale of iron ore direct fr...
How the Company Makes Money
MGX primarily makes money by producing and selling iron ore. Its main revenue stream is iron ore sales under offtake/trading arrangements to customers (typically steel producers and commodity traders), with revenue largely determined by: (1) sales...
Mount Gibson Iron Limited Earnings Call Summary
Earnings Call Date:Aug 20, 2024
(Q4-2024)
| % Change Since: |
Next Earnings Date:Aug 25, 2026
Earnings Call Sentiment Neutral
Mount Gibson Iron had a strong financial performance for the full year with increased sales and a robust safety record. However, the June quarter was impacted by adverse pricing adjustments and volatile iron ore prices, leading to higher cash operating costs and reduced cash flow. The company is strategically investing in junior resources while preparing for temporary shipping reductions. Despite challenges, the company remains in a strong position for future cash flow generation.Positive Updates
Increased Iron Ore Sales
Iron ore sales from Koolan Island increased by over 20% on the prior quarter to 0.9 million wet metric tonnes, with full year sales reaching 4.1 million tonnes.
Negative Updates
Adverse Provisional Pricing Adjustments
June quarter cash flow was impacted by adverse provisional pricing adjustments totaling $29 million, reducing the quarter's net cash flow to $1 million.
Read all updates
Q4-2024 Updates
Positive
Negative
Increased Iron Ore Sales
Iron ore sales from Koolan Island increased by over 20% on the prior quarter to 0.9 million wet metric tonnes, with full year sales reaching 4.1 million tonnes.
Read all positive updates
Company Guidance
In the earnings call for Mount Gibson Iron's Q4 2024, CEO Peter Kerr highlighted the company's strong production and financial performance for the fiscal year, despite some challenges in the June quarter. Iron ore sales from Koolan Island increased by over 20% from the previous quarter, reaching 0.9 million wet metric tonnes with a 65.2% Fe grade, contributing to a full-year total of 4.1 million tonnes. However, cash flow for the June quarter was impacted by adverse provisional pricing adjustments, reducing net cash flow to $1 million from an operating cash flow of $30 million before adjustments. Full-year sales revenue was $670 million FOB, with an operating cash flow of $290 million. Kerr also noted that the company's cash and investment reserves grew significantly, reaching $436 million by the end of the June quarter. Additionally, safety performance improved, with a lost time injury frequency rate of 0 incidents per 1 million man-hours and a total recordable injury frequency rate decreasing to 4.4 incidents. Looking ahead, the company aims to ship 2.7 to 3 million tonnes in fiscal 2025, with a strategic focus on maximizing cash flow from Koolan Island and exploring new investment opportunities.Mount Gibson Iron Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
60
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 313.05M | 330.52M | 667.82M | 452.69M | 186.11M | 300.46M |
| Gross Profit | 1.85M | 227.00K | 210.62M | 111.85M | -30.52M | 84.69M |
| EBITDA | 19.43M | 4.50M | 90.77M | 144.94M | -171.88M | 135.57M |
| Net Income | -31.34M | -82.19M | 6.43M | 5.18M | -174.12M | 64.01M |
Balance Sheet | ||||||
| Total Assets | 512.41M | 582.67M | 664.30M | 724.94M | 760.14M | 984.11M |
| Cash, Cash Equivalents and Short-Term Investments | 456.17M | 461.82M | 463.03M | 162.41M | 125.57M | 351.58M |
| Total Debt | 4.39M | 5.29M | 11.85M | 23.05M | 11.88M | 18.10M |
| Total Liabilities | 80.62M | 129.49M | 118.13M | 185.71M | 227.04M | 264.40M |
| Stockholders Equity | 431.79M | 453.18M | 546.17M | 539.23M | 533.10M | 719.71M |
Cash Flow | ||||||
| Free Cash Flow | 16.08M | 34.19M | 267.32M | 56.59M | -196.08M | -43.10M |
| Operating Cash Flow | 59.31M | 98.45M | 328.21M | 130.62M | 21.86M | 171.99M |
| Investing Cash Flow | 17.40M | -59.84M | -335.03M | -131.00M | -10.12M | -163.55M |
| Financing Cash Flow | -19.14M | -25.66M | -12.01M | -22.47M | -30.94M | -25.84M |
Mount Gibson Iron Limited Technical Analysis
Negative
0.47
Price Trends
0.44
Negative
0.42
Negative
0.39
Negative
Market Momentum
-0.02
Positive
34.75
Neutral
28.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MGX, the sentiment is Negative. The current price of 0.47 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.44, and above the 200-day MA of 0.39, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 34.75 is Neutral, neither overbought nor oversold. The STOCH value of 28.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MGX.
Mount Gibson Iron Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | AU$15.81M | -0.05 | -111.00% | ― | ― | ― | |
52 Neutral | AU$430.86M | -6.44 | -7.08% | ― | -48.05% | -1394.34% | |
46 Neutral | AU$43.94M | -18.98 | -1.31% | ― | ― | ― | |
41 Neutral | AU$27.45M | -4.50 | -123.74% | ― | ― | 66.67% | |
| ― | AU$24.32M | -1.49 | -77.53% | ― | ― | -141.04% |
* Basic Materials Sector Average
AU:MGX
Mount Gibson Iron Limited
0.37
0.03
10.61%
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Iron Road Ltd
0.02
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0.14
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Kogi Iron Ltd.
0.01
0.00
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0.19
0.08
76.19%
Mount Gibson Iron Limited Corporate Events
MGX Completes 50% Acquisition of High-Grade Central Tanami Gold Project
Feb 5, 2026
MGX Resources Limited has completed the acquisition of a 50% interest in the advanced Central Tanami Gold Project Joint Venture in the Northern Territory from Northern Star Resources for $50 million, including assuming associated bank guarantees a...
MGX Leans on Stockpiles and Cash Hoard as Koolan Rockfall Spurs Gold-Focused Pivot
Jan 22, 2026
MGX Resources has stabilised its operations and preserved a strong balance sheet following a substantial rockfall at its Koolan Island iron ore mine in October 2025, which forced the suspension of mining and a shift to processing lower grade stock...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.