/MGX.AX
MGX.AX Stock - MGX Resources Limited.
Basic Materials|SteelASX
$0.43-2.25%
$0.01 (-2.25%) • Dec 24
76
GoAI Score
GoAI Score
Weighted average: Momentum (25%) + Sentiment (35%) + Risk (20%) + Value (20%). ≥70 = BUY, ≤35 = SELL.BUY
Medium Confidence
Momentum
Momentum Score
Based on price vs 50-day MA (40%), 200-day MA (40%), and MA crossover (20%). Higher = stronger uptrend.95
Sentiment
Sentiment Score
Based on analyst price target upside. 50 = neutral, 100 = very bullish (25%+ upside expected).70
Risk Score
Risk Score
Based on stock beta (volatility). Higher score = lower risk. Red (<40) = high volatility, Green (>60) = stable.87
Price Target
Price Target
Average analyst price target from the last quarter. Shows expected upside/downside from current price.+10.0%upside
Target: $0.48
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Active Trade Setup
ENTRY ZONE$0.43 – $0.44
TARGET (TP)$0.50
STOP LOSS$0.40
RISK/REWARD1:1.9
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Price Chart
Financial Statements
Revenue & Profitability Trend
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Revenue
Net Income (Profit)
Net Loss
Key Metrics
Market CapN/A
P/E RatioN/A
Beta0.83
52W High$0.48
52W Low$0.26
Avg VolumeN/A
Income Statement (Fiscal Year)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $330.52M | $667.82M | $452.69M | $186.11M | $300.46M |
| Gross Profit | $227,000 | $210.62M | $111.85M | $-30,517,000 | $84.69M |
| Gross Margin | 0.1% | 31.5% | 24.7% | -16.4% | 28.2% |
| Operating Income | $-21,233,000 | $156.72M | $85.21M | $-90,896,000 | $99.22M |
| Net Income | $-82,192,000 | $6.43M | $5.18M | $-174,116,000 | $64.01M |
| Net Margin | -24.9% | 1.0% | 1.1% | -93.6% | 21.3% |
| EPS | $-0.07 | $0.01 | $0.00 | $-0.15 | $0.05 |
Company Overview
MGX Resources Ltd. engages in the business of mining, exploration, and development of hematite iron ore deposits. It operates through the Koolan Island segment. The Koolan Island segment includes the mining, crushing and sale of iron ore direct from the Koolan Island iron ore operation. Mount Gibson Iron was founded in 1996 and is headquartered in West Perth, Australia.
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Earnings History & Surprises
MGX.AXBeat Rate
50%
Last 2 quarters
Avg Surprise
+405.4%
EPS vs Estimate
Beats / Misses
1/1
Last 12 quarters
Latest EPS
$-0.01
Q3 2025
EPS Surprise History
Q4 21
No data
Q2 22
No data
Q1 23
No data
Q3 23
No data
Q2 24
No data
Q3 24
No data
Q1 25
No data
Q3 25
No data
Beat Estimate
Missed Estimate
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Feb 16, 2026 | — | — | — | — |
Q3 2025 | Aug 20, 2025 | — | $-0.01 | — | — |
Q1 2025 | Feb 19, 2025 | — | $-0.06 | — | — |
Q3 2024 | Aug 22, 2024 | — | $-0.11 | — | — |
Q2 2024 | Apr 19, 2024 | — | $0.12 | — | — |
Q3 2023 | Aug 24, 2023 | — | $-0.00 | — | — |
Q1 2023 | Feb 23, 2023 | — | $0.01 | — | — |
Q2 2022 | Jun 30, 2022 | — | $-0.09 | — | — |
Q4 2021 | Dec 31, 2021 | — | $-0.06 | — | — |
Q2 2021 | Jun 30, 2021 | — | $-0.01 | — | — |
Q4 2020 | Dec 31, 2020 | — | $0.06 | — | — |
Q2 2020 | Jun 30, 2020 | — | $0.03 | — | — |
Q4 2019 | Dec 31, 2019 | $0.04 | $0.04 | -0.5% | ✗ MISS |
Q2 2019 | Jun 30, 2019 | $-0.01 | $0.08 | +811.3% | ✓ BEAT |
Q4 2018 | Dec 31, 2018 | — | $0.04 | — | — |
Q2 2018 | Jun 30, 2018 | — | $0.02 | — | — |
Q4 2017 | Dec 31, 2017 | — | $0.07 | — | — |
Q2 2017 | Jun 30, 2017 | — | $0.00 | — | — |
Q4 2016 | Dec 31, 2016 | — | $0.02 | — | — |
Q2 2016 | Jun 30, 2016 | — | $0.09 | — | — |
Latest News
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Frequently Asked Questions about MGX.AX
What is MGX.AX's current stock price?
MGX Resources Limited. (MGX.AX) is currently trading at $0.43 per share. The stock has moved -2.25% today.
What is the analyst price target for MGX.AX?
No analyst price targets are currently available for this stock.
What sector is MGX Resources Limited. in?
MGX Resources Limited. operates in the Basic Materials sector, specifically within the Steel industry. The company is traded on the ASX exchange.
What is MGX.AX's market cap?
MGX Resources Limited. has a market capitalization of $0.51 billion, making it a small-cap company.
Does MGX.AX pay dividends?
No, MGX Resources Limited. does not currently pay a dividend to shareholders.
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