Mount Gibson Iron Ltd | MGX

Mount Gibson Iron Ltd traded at 0.52 this Monday December 5th, increasing 0.04 or 7.29 percent since the previous trading session. Looking back, over the last four weeks, Mount Gibson Iron Ltd gained 22.62 percent. Over the last 12 months, its price rose by 43.06 percent. Looking ahead, we forecast Mount Gibson Iron Ltd to be priced at 0.47 by the end of this quarter and at 0.43 in one year, according to Trading Economics global macro models projections and analysts expectations.

Stock Price
0.52
Daily Change
7.29%
Yearly
43.06%

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Mount Gibson Iron Ltd
Mount Gibson Iron Limited is an Australia-based company engaged in producing iron ore products. The Company operates through two segments, which include Mid-West and Koolan Island. The Mid-West segment includes the crushing, transportation and sale of iron ore from the Extension Hill and Shine iron ore deposits and the port facilities at Geraldton Port. The Koolan Island segment includes the mining, crushing and sale of iron ore from the Koolan Island iron ore operation. Its Koolan Island is located in the Buccaneer Archipelago, approximately 140 kilometers north of Derby. The Company’s Shine Iron Ore Project (SIOP) is located 85 kilometers north of the Company’s Extension Hill operation and approximately 375 kilometers northeast of Perth in the Mid-West region of Western Australia. The Company’s subsidiaries include Mount Gibson Mining Limited, Geraldton Bulk Handling Pty Ltd, Gibson Minerals Ltd and Aztec Resources Limited.