MGX mount gibson iron limited

Seems the market had it right after all. operationally a $1...

  1. 4,802 Posts.
    lightbulb Created with Sketch. 782
    Seems the market had it right after all.


    operationally a $1 million loss for quarter. Interest earnings saved it from being cash flow negative.

    Guidance lower for next year. wtf! Haul road upgrades and remedial work on wall. Which is going to cost us.

    Bringing forward impairments means they will probably record a loss for the year.

    What a mess. This is a terrible quarter and somehow have spun it to seem reasonable.

    So over to the MGX bulls to spin this report positively.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
37.5¢
Change
-0.005(1.32%)
Mkt cap ! $442.6M
Open High Low Value Volume
38.0¢ 38.5¢ 37.5¢ $419.7K 1.105M

Buyers (Bids)

No. Vol. Price($)
5 278233 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.5¢ 1830088 6
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.