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Mount Gibson Iron Limited ( (AU:MGX) ) just unveiled an announcement.
Mount Gibson Iron Limited announced a change in the director’s interest, with Director Brett Smith acquiring 170,000 ordinary shares at $0.35 per share through an on-market trade. This acquisition reflects a significant personal investment by the director, potentially signaling confidence in the company’s future performance and stability.
The most recent analyst rating on (AU:MGX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Mount Gibson Iron Limited stock, see the AU:MGX Stock Forecast page.
More about Mount Gibson Iron Limited
Mount Gibson Iron Limited is a company operating in the mining industry, primarily focusing on the extraction and sale of iron ore.
YTD Price Performance: 16.95%
Average Trading Volume: 1,929,213
Technical Sentiment Signal: Sell
Current Market Cap: A$407.2M
Learn more about MGX stock on TipRanks’ Stock Analysis page.