An announcement from Mount Gibson Iron Limited ( (AU:MGX) ) is now available.
Mount Gibson Iron Limited announced an update on its ongoing share buy-back program, reporting a total of 22,617,067 securities bought back before the previous day and an additional 177,775 securities bought back on the previous day. This buy-back initiative 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 operates in the mining industry, primarily focusing on the extraction and sale of iron ore. The company is known for its operations in Western Australia and targets both domestic and international markets.
YTD Price Performance: 1.60%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $226.7M
Learn more about MGX stock on TipRanks’ Stock Analysis page.