MGX mgx resources limited
Add to My Watchlist 1.45% ! 34.0¢

Iron ore price <$20, page-6

  1. Autosime
    15,142 Posts.
    lightbulb Created with Sketch.  83
    clock Created with Sketch.
    17/04/18
    21:08
    Post #: 32511039
    Well they managed to turn out a cash flow of 17 m for the quarter from IH and interest. Annualized that is 68m free cash flow . Being more pragmatic it’s abour 60 m if you assume last quarter was robust due to high IO prices and may not be as high for remainder of the year. For a market cap of 434 and an EV if minus 36 m I think that is one great return
    MGX Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS HotCopper Highlights, Week 29: Dimerix licensing, lithium, & a Mesoblast milestone
right-arrow Created with Sketch.
NEWS View the latest ASX news here
right-arrow Created with Sketch.
NEWS Double deal: Resolution secures vital U.S. FAST-41 permitting status for Golden Gate
right-arrow Created with Sketch.
NEWS Expect 600% growth by 2030 as AI restructures healthcare
right-arrow Created with Sketch.
NEWS HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity
right-arrow Created with Sketch.
NEWS The smoking gun hidden in Australia's jobs data
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
Start T rading
Last
34.0¢ 		Change
-0.005(1.45%) 		Mkt cap ! $407.2M
Open High Low Volume
33.5¢ 34.5¢ 33.5¢ 194.3K

Buyers (Bids)

Vol. Price($)
124985 33.5¢
 

Sellers (Offers)

Price($) Vol.
34.5¢ 52323
Last trade - 16.19pm 21/07/2026 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.