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MGX Resources Limited (ASX: MGX) - Share Price

- Current share price for MGX : $0.355

MGX Resources Limited (MGX, formerly Mount Gibson Iron Limited), an ASX-listed company,, 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 http://www.mtgibsoniron.com.au
Industry/Sector Steel
Market Cap ($M) 419
MGX Share Price $0.355
Day High $0.355
Day Low $0.345
Last Close $0.355
MGX Share Price Movement - ( No change )
Prices as at 16:40, 19 Jun 2026
+Security prices are delayed by at least 20 minutes and are indicative only.

MGX Resources Limited (MGX) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
HFResult 2¢ 100% 1 Sep 2021 6 Oct 2021 - - -
HFResult 3¢ 100% 1 Sep 2020 24 Sep 2020 - - -
HFResult 4¢ 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 - 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 - Quarterly Activities Report
The March 2026 Quarterly Activities Report for MGX Resources Limited highlights several ke
MGX Resources Limited (MGX)
24 Apr 2026 | 8:11 AM
MGX - December 2025 Half-Year Financial Results
MGX Resources Limited reported a net loss after tax of $20.8 million for the half-year end
MGX Resources Limited (MGX)
19 Feb 2026 | 8:07 AM
MGX - December 2025 Appendix 4D and Half-Year Financial Statements
MGX Resources Limited reported its half-year financial results for the period ending 31 De
MGX Resources Limited (MGX)
19 Feb 2026 | 8:06 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 Agreement to Divest the Koolan Island Iron Ore Operation 11 Jun 2026 9:09AM $0.335 $0.355 risen by 5.97%
MGX Resources Limited (MGX)
ORDINARY FULLY PAID
 Materials $419 Ceasing to be a substantial holder for MMA 27 May 2026 6:48PM $0.350 $0.355 risen by 1.43%
MGX Resources Limited (MGX)
ORDINARY FULLY PAID
 Materials $419 Quarterly Activities Report 24 Apr 2026 8:11AM $0.380 $0.355 fallen by 6.58%
MGX Resources Limited (MGX)
ORDINARY FULLY PAID
 Materials $419 TAM: CTPJV SELECTS MACMAHON AS PREFERRED CONTRACTOR 21 Apr 2026 8:40AM $0.415 $0.355 fallen by 14.46%
MGX Resources Limited (MGX)
ORDINARY FULLY PAID
 Materials $419 CTPJV Selects Preferred Contractor for Exploration Decline 21 Apr 2026 8:38AM $0.415 $0.355 fallen by 14.46%
MGX Resources Limited (MGX)
ORDINARY FULLY PAID
 Materials $419 MAH: Macmahon Selected Pref Mining Contractor at Groundrush 21 Apr 2026 8:37AM $0.415 $0.355 fallen by 14.46%

MGX Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
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%
2023A $83.24 $6.90 686.40% 7.00 0.00 0.00% 0.0%

MGX Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2023 A 2024 A 2025 A 2023 A 2024 A 2025 A 2023 A 2024 A 2025 A
BlueScope Steel Limited (BSL) $14,768M -0.4846 0.8079 0.2546 35.9382 19.8785 15.8441 1.78% 3.86% 3.86%
Deterra Royalties Limited (DRR) $2,377M 0.0821 -0.0878 -0.0876 14.1864 15.5525 17.0463 4.90% 4.83% 4.41%
Fortescue Ltd (FMG) $61,487M -0.3984 0.0430 -0.1771 11.9238 11.4323 13.8922 5.51% 6.00% 4.76%
MGX Resources Limited (MGX) $419M -2.0915 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Sims Limited (SGM) $5,795M 0.4950 0.7116 0.8691 45.7583 26.7338 14.3027 0.77% 1.30% 2.86%

MGX Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.92 0.00
Market 0.55 17.20 1.63 1.02
Sector 1.81 14.80 1.67 0.30

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

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