MGU magnum mining and exploration limited

could be one to watch

  1. 1,570 Posts.
    lightbulb Created with Sketch. 28
    This one has been a quiet achiever over the past month, up over 50%, be it on small or next to no volume.
    There are 3 things with this stock that I like
    1. Sellers all but gone. Buyer depth looking strong.
    2. Strong management, with cash in the bank. Were the founders of AQP along with many others.
    3. Company announced in quarterly on 31st March that they were viewing resource sector opportunities, and that there was a significant increase quality and quantity, with prices moderating.
    Maybe a while off until something happens, but looks like a promising stock to hold, with strong potential upside if they add a major acquisition, which they have done time after time in the past.

    Noggie
    Read disclaimer below.
 
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(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $20.86M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $4.219K 468.8K

Buyers (Bids)

No. Vol. Price($)
11 2848173 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 500 1
View Market Depth
Last trade - 10.24am 18/09/2025 (20 minute delay) ?
MGU (ASX) Chart
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