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Mgx Resources(ASX) MGX

Current PriceA$0.34
Market CapA$395.44MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2002)+279%
5 Year-63%
1 Year-12%
1 Month-6%
Mgx Resources last closing stock price
MetricPriceDate
Last closeAUD 0.342026-07-24
Mgx Resources stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+1.52%AUD 0.332026-07-17
1 month-5.63%AUD 0.362026-06-24
3 month-14.1%AUD 0.392026-04-24
Year to date-26.37%AUD 0.462025-12-31
1 year-11.84%AUD 0.382025-07-24
3 year-29.47%AUD 0.482023-07-25
5 year-62.96%AUD 0.902021-07-23
Since inception+278.66%AUD 0.092002-01-17

Mgx Resources Financials at a Glance

Market Cap

A$395.44MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

A$709.01M

Net Income (TTM)

-A$235.33M

EPS (TTM)

-A$0.03

P/E Ratio

-12.50

Dividend

A$0.00

Beta (Volatility)

0.06 (Low)

Price

A$0.34

Volume

67,185

Open

A$0.34

Previous Close

A$0.34

Daily Range

A$0.34 - A$0.34

52-Week Range

A$0.32 - A$0.50

Estimated Earnings Date

Aug 25, 2026

MGX News

No articles available.

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About Mgx Resources

MGX Resources Limited is engaged in the exploration, extraction, and advancement of hematite iron ore reserves. The company operates primarily from its Koolan Island segment, focusing on mining, crushing, and direct selling of iron ore.

Products and Services
  • Hematite iron ore extraction and processing
  • Direct sales of iron ore to global markets
  • Mining operations at Koolan Island
Growth Outlook
  • Recent quarterly revenue reached AUD 404 million, indicating strong market demand
  • Operating income for the last quarter was AUD 134 million, showcasing operational efficiency
  • Cash and short-term investments totaled AUD 456 million, providing financial stability
Financial Highlights
  • Trailing twelve months (TTM) revenue of AUD 1.1 billion reflects robust performance
  • Current ratio stands at 6.37, indicating strong liquidity
  • Net income for the latest quarter was AUD 138 million, demonstrating profitability
AI Generated • Jul 16, 2026

Industry

Metals and Mining

Sector

Materials

Employees

373

CEO

Peter W. Kerr

Headquarters

West Perth, WA 6005, AU

MGX Financials

Key Financial Metrics (TTM)

Gross Margin

0.59%

Operating Margin

-0.56%

Net Income Margin

-10.01%

Return on Equity

-7.08%

Return on Capital

-4.63%

Return on Assets

-6.12%

Earnings Yield

-8.00%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

A$395.44MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

1.18B

Volume

67.19K

Avg. Volume

751.27K

Financials (TTM)

Gross Profit

A$36.82M

Operating Income

A$9.50M

EBITDA

A$15.10M

Operating Cash Flow

A$222.37M

Capital Expenditure

-A$127.02M

Free Cash Flow

A$95.35M

Cash & ST Invst.

A$456.17M

Total Debt

A$4.39M

Mgx Resources Performance Analysis

Mgx Resources annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-06-30AUD 186,114,000N/A
20232023-06-30AUD 452,685,000143.2%
20242024-06-30AUD 667,818,00047.5%
20252025-06-30AUD 346,912,000-48.1%
Mgx Resources sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-06-30-41.7%
Q22024-12-31-32.0%
Q42025-06-306.2%
Q22025-12-31-16.1%
Mgx Resources annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-06-30AUD -0.15N/A
20232023-06-30AUD 0.00N/A
20242024-06-30AUD 0.0123.3%
20252025-06-30AUD -0.07N/A
Mgx Resources sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-06-30-191.7%
Q22024-12-3145.7%
Q42025-06-3085.1%
Q22025-12-31-98.9%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

A$142.78M

-64.7%

Gross Profit

-A$405.00K

-100.4%

Gross Margin

-0.28%

N/A

Market Cap

A$395.44MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

A$1.06M

N/A

Employees

373

N/A

Net Income

-A$20.84M

-115.0%

EBITDA

A$14.03M

-94.1%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

A$456.17M

+21.0%

Total Debt

A$4.39M

-73.8%

Accounts Receivable

A$2.37M

-95.8%

Inventory

A$8.13M

-79.9%

Long Term Debt

A$276.00K

-96.2%

Short Term Debt

A$4.11M

-78.4%

Return on Assets

-6.12%

N/A

Return on Invested Capital

-0.40%

N/A

Free Cash Flow

-A$16.66M

-108.6%

Operating Cash Flow

A$11.29M

-94.9%

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Questions About MGX

What is the current price of Mgx Resources?

Mgx Resources is trading at A$0.34 per share.

What is the 52-week range for Mgx Resources?

Over the past 52 weeks, Mgx Resources has traded between A$0.32 and A$0.50.

How much debt does Mgx Resources have?

As of the most recent reporting period, Mgx Resources reported total debt of A$5.29M.

How much cash does Mgx Resources have on hand?

Mgx Resources reported A$49.06M in cash and cash equivalents in its most recent financial results.

What is Mgx Resources’s dividend yield?

Mgx Resources does not currently have a dividend yield.

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