The latest update is out from Mount Gibson Iron Limited ( (AU:MGX) ).
Mount Gibson Iron Limited announced an update on its ongoing on-market buy-back program, revealing that a total of 18,884,419 securities had been bought back before the previous day, with an additional 631,678 securities purchased on the previous day. This buy-back program is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Mount Gibson Iron Limited
Mount Gibson Iron Limited is a company operating in the mining industry, primarily focused on the extraction and sale of iron ore. The company is listed on the Australian Securities Exchange (ASX) and is known for its production and supply of high-quality iron ore products.
YTD Price Performance: 1.05%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $228.1M
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