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Mount Gibson Iron Limited ( (AU:MGX) ) just unveiled an announcement.
Mount Gibson Iron Limited announced the cessation of 517,713 ordinary fully paid securities due to an on-market buy-back, effective January 20, 2025. This strategic move is likely aimed at optimizing the company’s capital structure, which might have implications for its financial performance and shareholder value.
More about Mount Gibson Iron Limited
Mount Gibson Iron Limited operates in the mining industry, focusing primarily on the extraction and sale of iron ore.
YTD Price Performance: 3.16%
Average Trading Volume: 438
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $231.7M
See more data about MGX stock on TipRanks’ Stock Analysis page.
