MGX Resources Ltd (ASX: MGX) Share Price and News

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MGX Resources Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $507.58 million
P/E Ratio 59.43
Dividend Yield 0.00%
Shares Outstanding 1.18 billion
Earnings per share -0.027
Dividend per share 0.02
Year To Date Return -1.10%
Earnings Yield 1.68%
Franking 100%
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as at 24 Feb 3:44pm

  • MGX Resources Ltd (ASX: MGX)
    Latest News

    a woman
    ⏸️ Investing

    Iron ore competition intensifies: Will the junior iron ore miners survive?

    Brazilian miner Vale SA announced this week it was cutting 25 million tonnes from production, while Mount Gibson Iron Limited…

    Read more »

    a woman
    ⏸️ Investing

    4 ASX stocks thumping the market today

    G8 Education Ltd (ASX:GEM), Greencross Limited (ASX:GXL) and Bradken Limited (ASX:BKN) are among the climbers during today's session.

    Read more »

    a woman
    ⏸️ Investing

    Which iron ore miners are still profitable today?

    The answer: Fewer than you think. Companies like BC Iron Limited (ASX:BCI) and Atlas Iron Limited (ASX:AGO) look marginal at…

    Read more »

    a woman
    ⏸️ Investing

    Iron ore surges 10%: What it means for investors

    Even BHP Billiton Limited (ASX:BHP) and Rio Tinto Limited (ASX:RIO) are dangerous investment prospects right now.

    Read more »

    a woman
    ⏸️ Investing

    Iron ore records brutal 10% fall: What every investor needs to know

    Expect heavy losses from stocks such as BHP Billiton Limited (ASX:BHP), Rio Tinto Limited (ASX:RIO) and Fortescue Metals Group Limited…

    Read more »

    a woman
    ⏸️ Investing

    Why it's time for iron ore investors to batten down the hatches

    In this environment, not even BHP Billiton Limited (ASX:BHP), Rio Tinto Limited (ASX:RIO) or Fortescue Metals Group Limited (ASX:FMG) are…

    Read more »

    a woman
    ⏸️ Investing

    Iron ore plummets: What every investor needs to know

    Fortescue Metals Group Limited (ASX:FMG), BHP Billiton Limited (ASX:BHP) and Rio Tinto Limited (ASX:RIO) have all come under heavy selling…

    Read more »

    a woman
    ⏸️ Investing

    5 stocks slammed on the ASX today

    The All Ordinaries falls 1.5%, but these 5 ASX stocks fell more than 6%

    Read more »

    a woman
    ⏸️ Investing

    Iron ore keeps moving higher: Should you buy the miners?

    Fortescue Metals Group Limited (ASX:FMG) and BC Iron Limited (ASX:BCI) are both benefiting from higher prices, but can the rally…

    Read more »

    a woman
    ⏸️ Investing

    Are Australia's iron ore miners set for another huge rally?

    Fortescue Metals Group Limited (ASX:FMG) and BC Iron Limited (ASX:BCI) could have further to climb after Vale said it could…

    Read more »

    a woman
    ⏸️ Investing

    Iron ore nears US$60 a tonne: Is it too late to buy?

    Australia's iron ore miners have enjoyed a miraculous recovery recently with Fortescue Metals Group Limited (ASX:FMG) and BC Iron Limited…

    Read more »

    a woman
    ⏸️ Investing

    Iron ore surges over US$57: Is your company making money?

    Fortescue Metals Group Limited (ASX:FMG) jumps 36% in a week, there could be more to come!

    Read more »

    Frequently Asked Questions

    Yes, Mount Gibson Iron has historically paid fully franked shareholder dividends. The company’s last dividend was paid in October 2021.

    Mount Gibson Iron Limited listed on the ASX on 12 February 1976.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    01 Sep 2021 $0.0200 100.00% Final 06 Oct 2021
    01 Sep 2020 $0.0300 100.00% Final 24 Sep 2020
    03 Sep 2019 $0.0400 100.00% Final 26 Sep 2019
    22 Aug 2018 $0.0300 100.00% Final 15 Oct 2018
    28 Sep 2017 $0.0000 100.00% Final 16 Oct 2017
    26 Sep 2014 $0.0400 100.00% Final 15 Oct 2014
    24 Sep 2013 $0.0200 100.00% Final 15 Oct 2013
    22 Mar 2013 $0.0200 100.00% Interim 15 Apr 2013
    02 Oct 2012 $0.0200 100.00% Final 22 Oct 2012
    30 Mar 2012 $0.0200 100.00% Interim 20 Apr 2012

    MGX ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About MGX Resources Ltd

    Mount Gibson Iron Ltd (ASX: MGX) is a Western Australia-based iron ore mining company. The company's flagship production asset is the Koolan Island mine in Western Australia's Kimberley region which has the highest grade ore reserve of any operating direct-shipping (DSO) Australian hematite mine. Mount Gibson also holds operating bulk commodity export facilities at Geraldton Port as well as active exploration tenements in WA's mid-western region.

    MGX Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    20 Feb 2026 $0.43 $-0.02 -4.44% 665,584 $0.45 $0.45 $0.43
    19 Feb 2026 $0.45 $0.01 2.25% 253,812 $0.45 $0.45 $0.45
    18 Feb 2026 $0.45 $0.01 2.27% 644,549 $0.45 $0.45 $0.44
    17 Feb 2026 $0.44 $0.01 2.30% 990,430 $0.45 $0.45 $0.44
    16 Feb 2026 $0.44 $-0.01 -2.27% 815,214 $0.45 $0.45 $0.44
    13 Feb 2026 $0.44 $-0.01 -2.25% 258,692 $0.45 $0.45 $0.44
    12 Feb 2026 $0.45 $0.00 0.00% 214,815 $0.45 $0.45 $0.44
    11 Feb 2026 $0.45 $0.00 0.00% 131,479 $0.45 $0.45 $0.44
    10 Feb 2026 $0.45 $0.01 2.27% 1,136,056 $0.44 $0.45 $0.44
    09 Feb 2026 $0.44 $0.01 2.30% 1,232,982 $0.44 $0.45 $0.44
    06 Feb 2026 $0.44 $-0.01 -2.27% 1,644,213 $0.45 $0.45 $0.43
    05 Feb 2026 $0.44 $-0.02 -4.35% 1,735,036 $0.46 $0.46 $0.44
    04 Feb 2026 $0.46 $-0.01 -2.11% 731,719 $0.48 $0.48 $0.46
    03 Feb 2026 $0.48 $0.00 0.00% 401,547 $0.46 $0.48 $0.46
    02 Feb 2026 $0.48 $-0.02 -4.08% 517,296 $0.49 $0.49 $0.47
    30 Jan 2026 $0.49 $0.00 0.00% 1,255,058 $0.49 $0.49 $0.48
    29 Jan 2026 $0.49 $0.01 2.08% 1,241,481 $0.49 $0.49 $0.48
    28 Jan 2026 $0.48 $0.01 2.13% 789,332 $0.47 $0.49 $0.47
    27 Jan 2026 $0.47 $-0.01 -2.08% 2,569,324 $0.48 $0.50 $0.46
    23 Jan 2026 $0.48 $0.03 6.67% 2,243,692 $0.46 $0.49 $0.46
    22 Jan 2026 $0.45 $-0.01 -2.17% 822,003 $0.46 $0.46 $0.45

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    27 Oct 2025 Paul Dougas Buy 30,002 $10,200
    On-market trade.
    27 Oct 2025 Brett Smith Buy 170,000 $59,500
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Simon S. G. Bird Non-Executive Director Feb 2012
    Mr Bird has over 35 years of international corporate experience, including holding the positions of Finance Director with Xpansiv Limited, General Manager Finance at Stockland Limited, Chief Financial Officer of GrainCorp Limited, and Chief Financial Officer of Wizard Mortgage Corporation. He is Chairman of the Financial Risk Committee.
    Mr Alan Jones Non-Executive Director Jul 2006
    Mr Jones has senior management and board experience in listed and unlisted Australian public companies, including Mulpha Australia Ltd, being entities focused in the construction, engineering, finance and investment industries. He has been involved in the merger and acquisition of a number of public companies in Australia and internationally. He is Chairman of the Governance Committee.
    Professor Paul Peter Dougas Non-Executive Director Nov 2011
    Professor Dougas has over 40 years of design, process, project engineering, managerial, commercial and corporate experience having commenced his career in the Melbourne & Metropolitan Board of Works before joining engineering firm Sinclair Knight Merz in 1978. From initial technical roles, he assumed leadership roles in Sydney before returning to Melbourne as Associate Director and Victorian Branch Manager in 1985. In 1995 he was appointed Managing Director Elect and Director of Marketing before becoming Chief Executive Officer and Managing Director in 1996. For the following 15 years, he led a expansion of the firm locally and internationally involving more than 50 local and international acquisitions. He is Chairman of the Operational Risk, Sustainability and Contracts Committee.
    Mr Brett Robert Smith Alternate Director Nov 2024
    Mr Smith has over 32 years of international experience in engineering, construction and mineral processing businesses in Australia and overseas and has served on the boards of numerous mining and exploration companies.
    Ms Evian Delfabbro Non-Executive Director Aug 2023
    Ms Delfabbro has over two decades of experience in the commercial property, mining and construction sectors. She is currently a director of a boutique Sydney property company and a Queensland hard rock quarrying business.
    Mr Peter Kerr Chief Executive Officer Sep 2012
    -
    Mr David Stokes Company Secretary
    -
    Peter Kerr Chief Executive Officer
    -
    Gillian Dobson Chief Financial Officer
    -
    David Stokes Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Everbright Securities Investment Services (Hk) Ltd <Client A/C> 220,257,802 18.66%
    APAC Resources Investments Limited 209,867,038 17.78%
    True Plus Limited 163,866,874 13.88%
    Citicorp Nominees Pty Limited 115,046,428 9.75%
    HSBC Custody Nominees (Australia) Limited 90,300,152 7.65%
    J P Morgan Nominees Australia Pty Limited 48,142,193 4.08%
    Debortoli Wines Pty Limited 27,891,539 2.36%
    HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 19,354,888 1.64%
    Jetosea Pty Ltd 14,991,697 1.27%
    Treasury Services Group Pty Ltd <Nero Resource Fund A/C> 10,591,533 0.90%
    Mr Peter Walker Kerr 8,181,403 0.69%
    Ms Gillian Dobson 4,240,200 0.36%
    Mr David John Stokes 4,238,835 0.36%
    BNP Paribas Nominees Pty Ltd <IB Au Noms RetailClient> 4,013,522 0.34%
    BNP Paribas Noms Pty Ltd 3,815,576 0.32%
    Neon Space Pty Ltd 3,702,368 0.31%
    ACE Property Holdings Pty Ltd 3,300,000 0.28%
    BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd> 2,940,684 0.25%
    Warbont Nominees Pty Ltd <Unpaid Entrepot A/C> 2,870,247 0.24%
    Savive Pty Ltd <Savive Super Fund A/C> 2,757,262 0.24%

    Profile

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