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MGX Resources Limited (ASX: MGX) - ETF Exposure

Current share price for MGX : $0.355 0.02 (5.33%)+

MGX Resources Limited (MGX, formerly Mount Gibson Iron Limited) is an ASX-listed company and is held by a number of exchange traded funds (ETFs). It , is an independent West Australian miner into project development that has been producing iron ore since 2004 and is diversifying into base metals.

MGX General Information +

ASX Code MGX
Website N/A
Industry/Sector Steel
Market Cap ($M) 419
MGX Share Price $0.355
Day High $0.380
Day Low $0.355
Last Close $0.375
MGX Share Price Movement $0.02 ( 5.33% )
Prices as at 16:40, 4 Sep 2026
+Security prices are delayed by at least 20 minutes and are indicative only.

Already own an Australian ETF? You may already have meaningful exposure to MGX

MGX Resources Limited (MGX) is held across 5 ETFs spanning strategies that include steel exposure . Its weighting in those funds means performance can have an outsized influence - when MGX moves, funds like DACE, DAVA, VETH and A300 that hold it can move with it.

For more concentrated exposure, ETFs such as DACE (Dimensional Australian Core Equity (Managed Fund)) allocate about 0.1% to MGX , while the average exposure across all 5 ETFs that hold it is around 0% .

Top ETF holdings

Last updated: ETF data and holdings as at 4 September 2026

Own MGX directly or through an ETF?

How does holding MGX Resources Limited (MGX) shares directly compare to ETFs that include it?

MGX Direct
DACE
ASX
DAVA
ASX
VETH
ASX
A300
ASX
Holdings 1 company 485 holdings 167 holdings 236 holdings 299 holdings
MGX Weight 100% 0.1% 0% 0% 0%
Diversification Single Stock Broad Broad Broad Broad
Annual Cost Brokerage only 0.28% p.a. 0.34% p.a. 0.16% p.a. 0.03% p.a.
Approx. Yield 0% 2.94% 6.46% 2.8% 2.94%
Star Ratings - starstarstarstar starstarstarstarstar starstarstarstar starstarstar

Yields and costs are approximate. ETF yields reflect the fund's dividend distributions, not MGX's direct yield. Annual cost uses each ETF's MER.

MGX Exposure on $10,000 investment

How a $10,000 investment in MGX Resources Limited (MGX) one week ago compares with ETFs that hold it.

Security Investment type Current price 7-day price movement Dollar change Value today
MGX Resources Limited (MGX) Direct share $0.355 -6.58% -$658 $9,342
Dimensional Australian Core Equity (Managed Fund) (DACE) Equity - Australia Strategy $19.400 -0.31% -$31 $9,969
Dimensional Australian Value Trust - Active ETF (DAVA) Equity - Australia Strategy $32.090 0.94% +$94 $10,094
Vanguard Ethically Conscious Australian Shares ETF (VETH) Equity - Australia Strategy $69.370 -0.09% -$9 $9,991
Global X Australia 300 ETF (A300) Equity - Australia $52.850 -0.06% -$6 $9,994

Assumes $10,000 invested 7 days ago. Figures are based on price movement only and exclude distributions, fees and brokerage.

MGX Resources Limited (MGX) ETFs

5 ETFs hold MGX Resources Limited (MGX).

ETF MGX Weight MER Yield
Dimensional Australian Core Equity (Managed Fund) (DACE) 0.1% 0.28% 2.94%
Dimensional Australian Value Trust - Active ETF (DAVA) 0% 0.34% 6.46%
Vanguard Ethically Conscious Australian Shares ETF (VETH) 0% 0.16% 2.8%
Global X Australia 300 ETF (A300) 0% 0.03% 2.94%

View all 5 ETFs

MGX Resources Limited (MGX) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
HFResult 100% 1 Sep 2021 6 Oct 2021 - - -
HFResult 100% 1 Sep 2020 24 Sep 2020 - - -
HFResult 100% 3 Sep 2019 26 Sep 2019 - - -

See all dividends from MGX Resources Limited (MGX) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

MGX Resources Limited (MGX) price-sensitive announcements

MGX - Financial Results for 2025/2026 Financial Year
MGX Resources Limited reported a financial loss for the 2025/2026 financial year, largely
MGX Resources Limited (MGX)
21 Aug 2026 | 7:46 AM
MGX - FY2026 Appendix 4E and Statutory Financials
The financial report for MGX Resources Limited for the year ending 30 June 2026 indicates
MGX Resources Limited (MGX)
21 Aug 2026 | 7:45 AM
MGX - Quarterly Activities Report
MGX Resources Limited's Quarterly Activities Report for June 2026 highlights significant d
MGX Resources Limited (MGX)
20 Jul 2026 | 8:24 AM
MGX - Agreement to Divest the Koolan Island Iron Ore Operation
MGX Resources Limited announced a binding conditional agreement to sell its Koolan Island
MGX Resources Limited (MGX)
11 Jun 2026 | 9:09 AM

MGX Resources Limited (MGX) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+
Price at
release+
Current
price+
Gain/Loss View
MGX Resources Limited (MGX)
ORDINARY FULLY PAID
Materials $419 MGX Mining the Territory Conference 3 Sep 2026 8:14AM $0.355 $0.355 fallen by 0%
MGX Resources Limited (MGX)
ORDINARY FULLY PAID
Materials $419 TAM: Groundrush Decline Agreement Signed 31 Aug 2026 8:25AM $0.380 $0.355 fallen by 6.58%
MGX Resources Limited (MGX)
ORDINARY FULLY PAID
Materials $419 Groundrush decline agreement signed 31 Aug 2026 8:09AM $0.380 $0.355 fallen by 6.58%
MGX Resources Limited (MGX)
ORDINARY FULLY PAID
Materials $419 Financial Results for 2025/2026 Financial Year 21 Aug 2026 7:46AM $0.350 $0.355 risen by 1.43%
MGX Resources Limited (MGX)
ORDINARY FULLY PAID
Materials $419 FY2026 Appendix 4E and Statutory Financials 21 Aug 2026 7:45AM $0.350 $0.355 risen by 1.43%
MGX Resources Limited (MGX)
ORDINARY FULLY PAID
Materials $419 MGX Noosa Mining Investor Conference Presentation 20 Jul 2026 8:25AM $0.330 $0.355 risen by 7.58%

MGX Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2026A -$21.28 -$1.80 -77.10% 0.00 0.00 0.00% 0.0%
2025A -$94.87 -$8.00 -209.20% 0.00 0.00 0.00% 0.0%
2024A $88.17 $7.30 5.80% 6.40 0.00 0.00% 0.0%

MGX Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2024 A 2025 A 2026 A 2024 A 2025 A 2026 A 2024 A 2025 A 2026 A
BlueScope Steel Limited (BSL) $14,018M 0.9576 0.4433 -0.0263 17.4273 12.0746 12.4002 9.38% 4.06% 4.06%
Fortescue Ltd (FMG) $52,188M 0.0208 -0.2225 -0.0929 9.9146 12.7520 14.0582 9.28% 5.02% 4.54%
MGX Resources Limited (MGX) $443M -0.7710 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Sims Limited (SGM) $4,777M 1.3724 0.2024 0.1647 15.8981 13.2221 11.3519 1.38% 2.41% 2.81%
Stanmore Resources Limited (SMR) $2,650M -1.1775 0.0000 0.0000 0.0000 0.0000 0.0000 4.52% 0.00% 0.00%

MGX Directors

Name Position Start Date
Mr Brett Robert Smith Non-Executive Chairman, Non-Executive Director 19 Nov 2024
Mr Simon S. G. Bird Non-Executive Director 23 Feb 2012
Mr Alan Jones Non-Executive Director 28 Jul 2006
Professor Paul Peter Dougas Non-Executive Director 16 Nov 2011
Ms Evian Delfabbro Non-Executive Director 28 Aug 2023

MGX Resources Limited (MGX) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
27 Oct 2025 SMITH, Brett Buy Direct Shares 170,000 $0.350 $59,500.000
27 Oct 2025 DOUGAS, Paul Buy Indirect Shares 30,002 $0.340 $10,200.680
28 Oct 2024 DELFABBRO, Evian Buy Direct Shares 62,998 $0.318 $20,001.865

See all changes in directors' interest & trades for MGX Resources Limited (MGX) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

MGX Management

Name Position
Peter Kerr Chief Executive Officer
Gillian Dobson Chief Financial Officer
David Stokes Company Secretary

MGX Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in MGX Resources Limited (MGX). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
452,767,297 (37.40%) APAC Resources Limited
452,767,297 (37.40%) Allied Properties Investments (1) Company Limited and its related bodies corporate
154,166,874 (13.64%) Shougang Fushan Resources Group Limited, True Plus Limited and its subsidiaries
154,166,874 (13.64%) Shougang Corporation Group/Shougang Concord Group
114,552,189 (9.43%) Paradice Investment Management Pty Ltd

MGX Calendar of Events

Date Event
20 August 2027 Report (Prelim)
19 July 2027 Report (Quarterly)
23 April 2027 Report (Quarterly)
18 February 2027 Report (Interim)
22 January 2027 Report (Quarterly)
18 November 2026 AGM
15 October 2026 Report (Quarterly)
09 October 2026 Report (Annual)

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