Trade Mount Gibson Iron - MGXau CFD

Trading Conditions

• Type: CFD
• Spread: 0.0058
• Long position overnight funding adjustment: -0.02206%
• Short position overnight funding adjustment: 0.00014%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: AUD
• Min traded quantity: 100
• Margin: 5.00%
• Stock exchange: Australia
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 0.3696
• Open: 0.3546
• 1-Year Change: 14.53%
• Day's Range: 0.3496 - 0.3646

What is Mount Gibson Iron (MGXau)?

Mount Gibson Iron is an Australian mining company primarily engaged in the exploration, development, and production of iron ore. The company operates mining projects that focus on supplying iron ore to global markets, leveraging Australia's significant mineral resources. Mount Gibson Iron's operations include both open-pit and underground mining techniques, with an emphasis on sustainable resource extraction and environmental management. The company has developed infrastructure to support its mining activities, including transportation and processing facilities. In addition to iron ore, Mount Gibson Iron has interests in other mineral resources, contributing to its diversified portfolio. The company's strategic approach involves optimizing resource utilization and maintaining operational efficiency while adhering to regulatory standards. Mount Gibson Iron plays a role in the broader mining sector by contributing to the supply chain of raw materials essential for steel production and various industrial applications. Its activities are situated within the context of Australia's mining industry, which is a significant component of the national economy.

Mount Gibson Iron Stock Price Today: Live Overview

The price today is shaped by active trading activity, placing Mount Gibson Iron at A$0.3704. The price range throughout the day has been between A$0.3546 and A$0.3696, accompanied by a daily change of +2.8604%.

FAQ: Mount Gibson Iron (MGXau)

What is the current price of MGXau stock?

Currently, the share price is A$0.3704.

Does MGXau pay dividends?

Mount Gibson Iron does not regularly pay dividends.

Does MGXau have a formal corporate presence or regional headquarters in the UAE?

Mount Gibson Iron operates in the UAE exclusively through partners and distributors without a direct regional office or subsidiary.

What is MGXau best known for?

The company is most famous for its iron ore mining and production operations.

What assets are typically shown together with MGXau?

Commonly shown alongside MGXau: Vanguard MSCI Index International Shares ETF, Xtrackers Artificial Intelligence & Big Data UCITS ETF, Medline Inc.