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The latest update is out from Mount Gibson Iron Limited ( (AU:MGX) ).
Mount Gibson Iron Limited presented at their Annual General Meeting, highlighting the company’s current projects and future plans. The presentation included an aerial view of the Central Tanami Gold Project, emphasizing the company’s ongoing efforts to expand its mining operations. The document also contained disclaimers about the speculative nature of investments in MGX shares and the uncertainties affecting the company’s performance.
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 operates in the mining industry, primarily focusing on the extraction and production of iron ore. The company is listed on the Australian Securities Exchange under the ticker MGX.
Average Trading Volume: 1,932,191
Technical Sentiment Signal: Buy
Current Market Cap: A$436.8M
For a thorough assessment of MGX stock, go to TipRanks’ Stock Analysis page.