Mount Gibson Iron Limited [ASX:MGX] share price and news 2022

Company Description

Mount Gibson Iron Limited (MGX) is an independent Australian producer of direct shipping grade iron ore products, with assets in the Kimberley and Mid West regions of Western Australia. The company has three major projects being Koolan Island and Extension Hill and Tallering Peak.

Mount Gibson Iron Limited belongs to Materials sector and under industry of Steel. You can get more information about this company via their website: http://www.mtgibsoniron.com.au.

This a small cap company with market cap of 1049 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 13.5 1.53 0
Market 1.03 20.6 1.71 1.15
Sector 1.02 15.5 2.44 0.55

Dividend Growth Chart

The following chart shows you how mgx dividend grows in the recent years.Mount Gibson Iron Limited has dividend yield of 3.49%