Mount Gibson Iron Limited (AU:MGX) has released an update.
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Mount Gibson Iron Limited has announced a daily buy-back of its ordinary fully paid securities, acquiring 250,403 shares on the previous day. This move follows the company’s ongoing strategy, with a total of 2,610,358 shares bought back before the last update. Investors might view this as a positive signal of the company’s confidence in its financial health and future prospects.
For further insights into AU:MGX stock, check out TipRanks’ Stock Analysis page.