An update from Mount Gibson Iron Limited ( (AU:MGX) ) is now available.
Mount Gibson Iron Limited has announced an update regarding its ongoing on-market buy-back program. As of February 26, 2025, the company has repurchased a total of 18,683,211 ordinary fully paid securities, which includes 541,868 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value.
More about Mount Gibson Iron Limited
Mount Gibson Iron Limited operates in the mining industry, focusing on the extraction and sale of iron ore. The company is known for its production of high-grade iron ore and serves markets primarily in Asia.
YTD Price Performance: 5.79%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $244M
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