Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

General Information

MGT Resources Limited
MGS
http://www.mgt.net.au
Gold
12
318

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.04 - - - $0.04 0 - ( No change )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Company Overview

Business Description
MGT Resources Limited (MGS) is an emerging tin production and exploration company focusing on exploration for tin, gold, copper and other base and precious metals at various sites across Queensland. MGS also conducts its exploration activities through its 89.48%-owned subsidiary MGT Mining Limited. Currently, MGS has one tin project being Mt Garnet Project and three gold projects being Nymbool, Pyramid and the Southern Queensland Projects.
Strategy Analysis
--

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A -4.4 -1.4 0.0% 0.0 0.0 0.0% 0.0%
2013 A -2.6 -0.8 0.0% 0.0 0.0 0.0% 0.0%
2012 A 0.0 0.0 0.0% 0.0 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Evolution Mining (EVN) $1,141M -0.2669 0.4987 0.6520 15.4570 10.3139 6.2432 1.63% 1.64% 2.06%
MGT Resources (MGS) $12M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Newcrest Mining (NCM) $9,980M -0.0429 0.1466 0.5390 23.1015 20.1486 13.0920 0.00% 0.00% 0.00%
Northern Star Resources (NST) $1,310M 0.2151 2.1521 0.5740 27.5561 8.7421 5.5542 1.58% 2.71% 4.59%
OceanaGold (OGC) $981M 0.0000 -0.1759 -0.2986 7.3593 8.9301 12.7316 0.00% 0.80% 0.80%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 4.16 0.00
Market 1.04 13.20 1.03 0.54
Sector 0.73 11.80 0.67 0.34

Directors

Name Position Start Date
Mr Gary Kuo Chief Operating Officer, Executive Director 07/01/2011
Mr Jonathan Paul Back Managing Director, Executive Chairman 04/09/2008
Mr Hai Jun Li Non-Executive Director 14/04/2009
Dr Wenshan Zhang Non-Executive Director 08/04/2015
Mr Christopher Chen Non-Executive Director 08/04/2015

Management

Name Position
Jacqueline Butler Chief Financial Officer,Company Secretary
Dohn Taylor Managing Director - MGT Mining Ltd

Substantial Shareholders

Holding Name
79,029,727 (27.43%) Jonathan Paul Back
27,208,000 (9.44%) Kuokai Pty Ltd <Kuo's Group Family A/C>
22,800,000 (7.91%) Li Hai Jun
15,450,000 (5.36%) Armstrong Industries HK Ltd

Calendar of Events

Date Event
21 April 2016 Report (Quarterly)
21 January 2016 Report (Quarterly)
28 October 2015 Report (Quarterly)
16 October 2015 Report (Annual)
30 July 2015 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.