Mount Gibson Iron - Stock

Mount Gibson Iron P/E 2024

Mount Gibson Iron P/E

2.54

Mount Gibson Iron Dividend yield

6.88 %

Ticker

MGX.AX

ISIN

AU000000MGX7

WKN

896269

As of Jun 11, 2024, Mount Gibson Iron's P/E ratio was 2.54, a -97.23% change from the 91.75 P/E ratio recorded in the previous year.

The Mount Gibson Iron P/E history

Mount Gibson Iron Aktienanalyse

What does Mount Gibson Iron do?

Mount Gibson Iron Ltd is an Australian company specializing in the exploration, development, and production of iron ore. It is based in Perth, Western Australia and operates various mining projects in Australia. The company was founded in 1996 by Michael Atkins and has since become a significant producer of iron ore. It went public in 2008 and is listed on the Australian Securities Exchange. Mount Gibson Iron Ltd's business model focuses on the extraction and sale of iron ore. It operates several mining projects in Australia, including the Koolan Island, Extension Hill, and Iron Hill projects. The company utilizes modern technologies and efficient practices in exploring and developing new ore deposits to keep production costs low. It is divided into different divisions that focus on mining activities, including exploration, development, and production. The products offered by Mount Gibson Iron Ltd include iron ore and magnetized quartz. The company produces high-quality iron ore with high iron content and low impurities, which are sold to various customers in Asia and Europe, including steel and iron mills. The magnetized quartz products are used in the construction industry, as well as in the production of quartz glass and semiconductors. Mount Gibson Iron Ltd has experienced strong growth in recent years and continues to expand its production capacity. In 2021, the company produced 3.7 million tonnes of iron ore and 600,000 tonnes of magnetized quartz. It is also committed to sustainable mining practices and has taken measures to minimize the environmental impact of its activities. In summary, Mount Gibson Iron Ltd is a leading company in the iron ore production industry. It has a strong business foundation and has gained a competitive advantage through its efficient operations and modern technologies. With its focus on sustainable mining practices and the development of new projects, Mount Gibson Iron Ltd has significant potential for future growth and success. Mount Gibson Iron ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Mount Gibson Iron's P/E Ratio

The Price to Earnings (P/E) Ratio of Mount Gibson Iron is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Mount Gibson Iron's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Mount Gibson Iron is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Mount Gibson Iron’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Mount Gibson Iron Stock

What is the price-to-earnings ratio of Mount Gibson Iron?

The price-earnings ratio of Mount Gibson Iron is currently 2.54.

How has the price-earnings ratio of Mount Gibson Iron changed compared to last year?

The price-to-earnings ratio of Mount Gibson Iron has increased by -97.23% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Mount Gibson Iron high compared to other companies?

Yes, the price-to-earnings ratio of Mount Gibson Iron is high compared to other companies.

How does an increase in the price-earnings ratio of Mount Gibson Iron affect the company?

An increase in the price-earnings ratio of Mount Gibson Iron would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Mount Gibson Iron affect the company?

A decrease in the price-earnings ratio of Mount Gibson Iron would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Mount Gibson Iron?

Some factors that influence the price-earnings ratio of Mount Gibson Iron are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Mount Gibson Iron pay?

Over the past 12 months, Mount Gibson Iron paid a dividend of 0.03 AUD . This corresponds to a dividend yield of about 6.88 %. For the coming 12 months, Mount Gibson Iron is expected to pay a dividend of 0 AUD.

What is the dividend yield of Mount Gibson Iron?

The current dividend yield of Mount Gibson Iron is 6.88 %.

When does Mount Gibson Iron pay dividends?

Mount Gibson Iron pays a quarterly dividend. This is distributed in the months of September, October, October, October.

How secure is the dividend of Mount Gibson Iron?

Mount Gibson Iron paid dividends every year for the past 4 years.

What is the dividend of Mount Gibson Iron?

For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Mount Gibson Iron located?

Mount Gibson Iron is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Mount Gibson Iron kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mount Gibson Iron from 10/6/2021 amounting to 0.029 AUD, you needed to have the stock in your portfolio before the ex-date on 9/1/2021.

When did Mount Gibson Iron pay the last dividend?

The last dividend was paid out on 10/6/2021.

What was the dividend of Mount Gibson Iron in the year 2023?

In the year 2023, Mount Gibson Iron distributed 0 AUD as dividends.

In which currency does Mount Gibson Iron pay out the dividend?

The dividends of Mount Gibson Iron are distributed in AUD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Mount Gibson Iron

Our stock analysis for Mount Gibson Iron Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mount Gibson Iron Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.