MGX
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1.20% 41.0¢ mount gibson iron limited

Breakout Chart Alert Iron Ore Runner, page-17

  1. mygalz
    179 Posts.
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    09/12/20
    11:34
    Post #: 49448206

    Australian Broker Call Report

    MGX

    TARGET PRICE$1.15

    Buy

    09 Dec 2020

    Citi

    Mount Gibson Iron's FY21-22 operating income forecasts have been revised up by 30-45%. Citi expects net cash to increase to $1.24bn by the end of FY23. Mount Gibson Iron aims to make an...

    MGX

    TARGET PRICE$1.00

    Outperform

    12 Oct 2020

    Macquarie

    The update on the Shine project suggests it can produce 6mt in stage 1 and 2 over FY22-25. Macquarie expects this should materially boost the company's leverage to iron ore prices. ...





    MGX Price at posting: 89.3¢ Sentiment: Hold Disclosure: Held
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