MGX Resources Limited. (MGX.AX)
MGX Resources Limited. operates in the Steel industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $0.34, up 1.47% on the session, giving a market capitalisation of $407.2M. Its beta of 0.88 implies it has historically moved less than the broad market.
MGX Resources Limited focuses on the exploration, extraction, and advancement of hematite iron ore reserves. The company's primary operational base is the Koolan Island segment, where it undertakes the full process of mining, crushing, and direct selling iron ore. Established in 1996, this enterprise maintains its corporate headquarters in West Perth, Australia.
MGX Resources Limited. is most often compared with the following Basic Materials names: