MGX Resources Limited.

MGX Resources Limited.verified

MGX.AX

Price:

$0.425

Market Cap:

$501.68M

MGX Resources Ltd. engages in the business of mining, exploration, and development of hematite iron ore deposits. It operates through the Koolan Island segment. The Koolan Island segment includes the mining, crushing and sale of iron ore direct from the Koolan Island iron ore operation. Mount Gibson Iron was founded in 1996 and is headquartered in West Perth, Australia.

Industry

Steel

IPO Date

2002-01-16

Stock Exchange

ASX

Ticker

MGX.AX

The ROE as of December 2025 (TTM) for MGX Resources Limited. (MGX.AX) is -17.83%

According to MGX Resources Limited.’s latest financial reports and current stock price. The company's current ROE is -17.83%. This represents a change of 235.73% compared to the average of -5.31% of the last 4 quarters.

MGX Resources Limited. (MGX.AX) Historical ROE (quarterly & annually)

How has MGX.AX ROE performed in the past?

The mean historical ROE of MGX Resources Limited. over the last ten years is 4.28%. The current -17.83% ROE has changed -516.56% with respect to the historical average. Over the past ten years (40 quarters), MGX.AX's ROE was at its highest in in the June 2016 quarter at 25.88%. The ROE was at its lowest in in the December 2014 quarter at -245.76%.

Quarterly (TTM)
Annual

Average

4.28%

Median

7.59%

Minimum

-32.66%

Maximum

22.02%

MGX Resources Limited. (MGX.AX) ROE by Quarter and Year

Discovering the peaks and valleys of MGX Resources Limited. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 217.60%

Maximum Annual ROE = 22.02%

Minimum Annual Increase = -1640.57%

Minimum Annual ROE = -32.66%

Quarterly (TTM)
Annual
YearROEChange
2025-18.14%-1640.57%
20241.18%22.58%
20230.96%-102.94%
2022-32.66%-467.25%
20218.89%-29.16%
202012.55%-42.32%
201921.76%9.08%
201819.95%217.60%
20176.28%-71.47%
201622.02%-107.56%

MGX Resources Limited. (MGX.AX) Average ROE

How has MGX.AX ROE performed in the past?

The current ROE of MGX Resources Limited. (MGX.AX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-5.33%

5-year avg

-7.95%

10-year avg

4.28%

MGX Resources Limited. (MGX.AX) ROE vs. Peers

How is MGX.AX’s ROE compared to its peers?

MGX Resources Limited.’s ROE is greater than Tivan Limited (-15.43%), greater than Sovereign Metals Limited (-88.57%), greater than Syrah Resources Limited (-40.54%), less than Strickland Metals Limited (0.35%), greater than Titomic Limited (-103.79%), greater than European Lithium Limited (-72.51%), less than Aurelia Metals Limited (14.12%), greater than Nova Minerals Limited (-10.96%), less than Metro Mining Limited (132.46%), less than Aeris Resources Limited (14.59%),

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