Mount Gibson Iron Limited ( (AU:MGX) ) has issued an update.
Mount Gibson Iron Limited has announced an update regarding its ongoing share buy-back program. As of March 11, 2025, the company has repurchased a total of 22,794,842 shares, with an additional 922,877 shares 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, focusing on the extraction and sale of iron ore. The company is primarily engaged in producing and exporting iron ore to global markets, leveraging its strategic mining locations in Australia.
YTD Price Performance: -1.58%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $233.8M
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