Mount Gibson Iron Limited (MTGRF) AI Stock Analysis
Mount Gibson Iron Limited
(Other OTC:MTGRF)
No summary available
Mount Gibson Iron Limited (MTGRF) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $305.14M
- Dividend Yield
- ―
- Average Volume (3M)
- 252
- Price to Earnings (P/E)
- -11.7
- Beta (1Y)
- 0.07
- Revenue Growth
- -40.73%
- EPS Growth
- 61.64%
- Country
- US
- Employees
- 172
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Steel
Mount Gibson Iron Limited Business Overview & Revenue Model
Company Description
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 sel...
Mount Gibson Iron Limited Earnings Call Summary
Mount Gibson Iron had a strong financial performance for the full year with increased sales and a robust safety record. However, the June quarter was impacted by adverse pricing adjustments and volatile iron ore prices, leading to higher cash operating costs and reduced cash flow. The company is strategically investing in junior resources while preparing for temporary shipping reductions. Despite challenges, the company remains in a strong position for future cash flow generation.
Q4-2024 Updates
Positive Updates
Negative Updates
Company Guidance
In the earnings call for Mount Gibson Iron's Q4 2024, CEO Peter Kerr highlighted the company's strong production and financial performance for the fiscal year, despite some challenges in the June quarter. Iron ore sales from Koolan Island increased by over 20% from the previous quarter, reaching 0.9 million wet metric tonnes with a 65.2% Fe grade, contributing to a full-year total of 4.1 million tonnes. However, cash flow for the June quarter was impacted by adverse provisional pricing adjustments, reducing net cash flow to $1 million from an operating cash flow of $30 million before adjustments. Full-year sales revenue was $670 million FOB, with an operating cash flow of $290 million. Kerr also noted that the company's cash and investment reserves grew significantly, reaching $436 million by the end of the June quarter. Additionally, safety performance improved, with a lost time injury frequency rate of 0 incidents per 1 million man-hours and a total recordable injury frequency rate decreasing to 4.4 incidents. Looking ahead, the company aims to ship 2.7 to 3 million tonnes in fiscal 2025, with a strategic focus on maximizing cash flow from Koolan Island and exploring new investment opportunities.
Mount Gibson Iron Limited Peers Comparison
Overall Rating
AU:CIA48Neutral
AU:M4M44Neutral
AU:IRD43Neutral
AU:AEU41Neutral
AU:EQX41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:CIA | 48Neutral | AUD 1.07B | 672.49 | -0.10% | 6.81% | -7.22% | -93.97% |
| AU:M4M | 44Neutral | AUD 32.51M | -20.00 | -47.84% | ― | 12132.73% | 55.56% |
| AU:IRD | 43Neutral | AUD 5.88M | -0.06 | -248.65% | ― | ― | -2044.26% |
| AU:AEU | 41Neutral | AUD 145.57M | -0.80 | -250.52% | ― | -16.03% | -1005.11% |
| AU:EQX | 41Neutral | AUD 13.80M | -14.38 | -10.87% | ― | ― | 77.40% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| MTGRF | Mount Gibson Iron Limited | 0.19 | -0.10 | -34.03% | |
| AU:CIA | Champion Iron Ltd. | 1.92 | -3.64 | -65.53% | |
| AU:IRD | Iron Road Ltd | 0.01 | -0.04 | -78.72% | |
| AU:M4M | Kogi Iron Ltd. | 0.01 | 0.00 | 0.00% | |
| AU:AEU | Tombador Iron Ltd. | 0.37 | 0.02 | 5.71% | |
| AU:EQX | Equatorial Resources Limited | 0.10 | -0.12 | -52.27% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.