MGX Resources Limited
Research MGX Resources Limited (MGX.AX) on Bullrun: market cap AUD 365.93M. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMGX.AX
- ExchangeAU
- CountryAustralia
- SectorBasic Materials
- IndustrySteel
- CurrencyAUD
- Market capAUD 365.93M
- Financial periodFY2024
- RevenueAUD 667.82M
- Revenue growth47.5%
- Net incomeAUD 6.43M
- Free cash flowAUD 267.32M
- Gross margin31.5%
Valuation Snapshot
latest market cap is AUD 365.93M.
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2024 | AUD 667.82M | AUD 6.43M | AUD 267.32M | 31.5% | 0.01 | AUD 36.26M | AUD 11.85M | AUD 546.17M |
| FY2023 | AUD 452.69M | AUD 5.18M | AUD 56.06M | 30.2% | 0 | AUD 55.04M | AUD 23.05M | AUD 539.23M |
| FY2022 | AUD 186.11M | -AUD 174.12M | -AUD 197.34M | -0.3% | -0.15 | AUD 77.58M | AUD 11.88M | AUD 533.10M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-17 | AUD 365.93M | n/a | n/a | 0 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0 AUD.
About MGX Resources Limited
MGX Resources Limited, together with its subsidiaries, engages in the mining, processing, shipment, export, and sale of hematite iron ore in Australia and China. Its flagship project is the Koolan Island mine site located in the Kimberley region of Western Australia. The company is also involved in treasury management, mineral resources acquisition, and investment activities. The company was formerly known as Mount Gibson Iron Limited and changed its name to MGX Resources Limited in November 2025.
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Frequently asked questions
What is MGX Resources Limited's market cap?
MGX Resources Limited's market capitalization is AUD 365.93M.
What does MGX Resources Limited do?
MGX Resources Limited, together with its subsidiaries, engages in the mining, processing, shipment, export, and sale of hematite iron ore in Australia and China. Its flagship project is the Koolan Island mine site located in the Kimberley region of Western Australia. The company is also involved in treasury management, mineral resources acquisition, and investment activities. The company was formerly known as Mount Gibson Iron Limited and changed its name to MGX Resources Limited in November 2025. The company was incorporated in 1996 and is based in West Perth, Australia.