Mount Gibson Iron Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.08
Dividend & Yield0.02$ (4.60%)
Beta 0.72
Market capitalization 520.55M
Operating cash flow -1.76M
ESG Scores unknown

Company description

Mount Gibson Iron Limited, together with its subsidiaries, engages in the mining, crushing, processing, transportation, and sale of hematite iron ore in Australia. The company primarily holds interests in the Extension Hill mine and Shine mine deposit in the Mid-West region of Western Australia, as well as operates haulage of the ore through road and rail for export from the Geraldton Port. It is also involved in the mining and direct shipment of hematite iron ore at the Koolan Island mine site in the Kimberley region of Western Australia; and the treasury management activities. Mount Gibson Iron Limited was incorporated in 1996 and is headquartered in West Perth, Australia.

Sector: Basic Materials - Industry: Steel

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities 3.55M -40.93M 39.81M 30.41M
Total Cashflows From Investing Activities -79.74M -40.68M -62.15M -156.64M
Net Borrowings 1.75M 1.75M -8.37M -10.14M
Total Cash From Financing Activities -21.98M -16.15M -34.96M -25.96M
Change To Operating Activities 3.13M -10.8M 1.12M -5.92M
Issuance Of Stock 603k 603k 581k 581k
Net Income 99.13M 133.37M 84.2M 64.01M
Change In Cash -2.21M 2.3M 62.81M -16.38M
Effect Of Exchange Rate 283k -245k -167k 1.02M
Total Cash From Operating Activities 99.23M 59.38M 160.09M 165.19M
Depreciation 5.92M 8.98M 32.56M 33.46M
Change To Account Receivables 1.46M -27.31M 14.52M 7.82M
Other Cashflows From Financing Activities -124k -163k -218k -122k
Change To Netincome -12.82M -1.91M -20.42M 28.83M
Capital Expenditures -80M -127.72M -90.56M -214.94M

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax 99.1M 70.28M 120.72M 92.13M
Net Income 99.13M 133.37M 84.2M 64.01M
Selling General Administrative 13.79M 13.17M 10.49M 13.39M
Gross Profit 36.53M 76.18M 115.2M 115.58M
Ebit 21.62M 55.65M 103.44M 101.1M
Operating Income 21.62M 55.65M 103.44M 101.1M
Interest Expense -439k -569k -978k -579k
Income Tax Expense -62.96M 36.52M 28.13M
Total Revenue 254.13M 278.36M 445.17M 329.73M
Cost Of Revenue 217.6M 202.19M 329.96M 214.15M
Total Other Income ExpenseNet 77.48M 14.64M 17.28M -8.97M
Net Income From Continuing Ops 99.1M 133.25M 84.2M 64.01M
Net Income Applicable To Common Shares 99.13M 133.37M 84.2M 64.01M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 93.13M 116.43M 134.05M 178.52M
Total Stockholder Equity 496.82M 612.81M 670.73M 719.71M
Other Current Liabilities 6.86M 12.7M 8.52M 33.28M
Total Assets 589.96M 729.24M 804.78M 898.24M
Common Stock 568.33M 583.39M 602.03M 620.95M
Other Current Assets 36k 557k 13.14M
Retained Earnings -89.65M 10.91M 50.09M 79.49M
Treasury Stock 18.14M 18.5M 18.6M 19.27M
Cash 46.55M 48.85M 111.66M 95.28M
Total Current Liabilities 52.28M 73.14M 81.1M 123M
Other Stockholder Equity 18.14M 18.5M 18.6M 19.27M
Property, Plant, and Equipment 95.52M 216.71M 290.4M 485.36M
Total Current Assets 492.07M 447.69M 486.73M 411.83M
Net Tangible Assets 496.82M 612.81M 670.73M 719.71M
Net Receivables 7.84M 34.64M 19.24M 12.55M
Accounts Payable 15.29M 20.46M 25.52M 30.7M


Insider Transactions

Here are the insider transactions of stock shares related to Mount Gibson Iron Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Bird (Simon Godric Bertie)Acquisition at price 0.37 per share.D2021-10-06Independent Non-Executive Director1.97k
Dougas (Paul)Acquisition at price 0.37 per share.D2021-10-06Independent Non-Executive Director21.84k
Kerr (Peter Walker)D2021-09-10Chief Executive Officer618.04k
Dobson (Gillian)D2021-06-30Chief Financial Officer605.8k
Stokes (David)D2021-06-30Secretary1.35M
Dougas (Paul)Purchase at price 0.51 per share.D2020-11-13Director (Independent)20k
Bird (Simon Godric Bertie)Acquisition at price 0.50 per share.D2020-09-24Director (Non-Executive)2.01k
Dougas (Paul)Acquisition at price 0.50 per share.D2020-09-24Director (Independent)22.38k
Kerr (Peter Walker)D2020-09-04Chief Executive Officer1.01M
Stokes (David)D2020-09-04Company Secretary941.4k
Bird (Simon Godric Bertie)Other at price 0.46 per share.D2019-09-26Director (Non-Executive)2.68k
Dougas (Paul)Acquisition at price 0.46 per share.D2019-09-26Director (Independent)29.78k
Kerr (Peter Walker)D2019-09-05Chief Executive Officer576.9k
Beyer (James)D2019-06-30Former3.63M
Stokes (David)D2019-06-30Company Secretary556.84k
Jones (Alan Stephen)Sale at price 0.84 per share.D2019-04-12Director (Non-Executive)100k
Bird (Simon Godric Bertie)Purchase at price 0.37 per share.D2018-12-06Director (Non-Executive)6k
Bird (Simon Godric Bertie)Purchase at price 0.39 per share.D2018-12-05Director (Non-Executive)18k
Jones (Alan Stephen)Purchase at price 0.36 per share.D2018-10-26Director (Non-Executive)100k
Bird (Simon Godric Bertie)Acquisition at price 0.34 per share.D2018-10-15Director (Non-Executive)1.24k
Dougas (Paul)Acquisition at price 0.34 per share.D2018-10-15Director (Independent)17.66k
Dougas (Paul)Purchase at price 0.32 per share.D2018-10-03Director (Independent)200k
Dougas (Paul)Purchase at price 0.33 per share.D2018-09-28Director (Independent)100k
Dougas (Paul)Purchase at price 0.35 per share.D2018-09-18Director (Independent)100k
Beyer (James)D2018-09-03Chief Executive Officer1.05M
Kerr (Peter Walker)D2018-06-30Chief Financial Officer721.76k
Beyer (James)D2017-06-30Chief Executive Officer2.43M
Kerr (Peter Walker)D2017-06-30Chief Financial Officer1.62M
Stokes (David)D2017-06-30Company Secretary1.24M
Beyer (James)D2016-06-30Chief Executive Officer243.45k
Jones (Alan Stephen)Purchase at price 0.18 per share.D2016-06-17Director (Non-Executive)200k
Beyer (James)D2015-06-30Chief Executive Officer220.85k
Dougas (Paul)Purchase at price 0.17 per share.D2015-06-26Director (Independent)155.26k
Dougas (Paul)Purchase at price 0.53 per share.D2014-09-18Director (Independent)25.82k
Hill (Geoffrey Guild)D2014-04-29Retired170k
Dougas (Paul)Sale at price 0.75 per share.D2014-03-26Director (Independent)100k
Hill (Geoffrey Guild)Purchase at price 0.73 per share.D2014-03-17Director (Independent)100k
Dougas (Paul)D2013-07-05Director (Independent)3.87k
Beyer (James)D2013-06-30Chief Executive Officer19.8k
Dougas (Paul)Purchase at price 0.43 per share.D2013-06-14Director (Independent)100k
Jones (Alan Stephen)Purchase at price 0.51 per share.D2013-04-23Director (Non-Executive)100k
Rule (Alan David)D2012-06-30Former211.78k
Hill (Geoffrey Guild)Purchase at price 0.88 per share.D2012-06-04Chairman of the Board20k
Dougas (Paul)Purchase at price 1.04 per share.D2012-05-07Director (Independent)40k
Bird (Simon Godric Bertie)Purchase at price 1.20 per share.D2012-03-27Director (Independent)20k
Hill (Geoffrey Guild)Purchase at price 1.21 per share.D2012-03-26Chairman of the Board30k
Dougas (Paul)Purchase at price 1.18 per share.D2011-12-21Director (Independent)20k
Readhead (Craig Leslie)D2011-12-14Former567.5k
Dougas (Paul)Purchase at price 1.18 per share.D2011-11-21Director (Independent)20k
Macliver (Ian Alexander)D2011-11-16Retired1M
Lee (Seng Hui)I2011-10-25Director (Non-Executive)279.88M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Mount Gibson Iron Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Mount Gibson Iron Limited

Here is the result of two systematic investment strategies applied to Mount Gibson Iron Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Mount Gibson Iron Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Mount Gibson Iron Limited:

Mount Gibson Iron Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 67.27% on the backtest period.

Performance at glance

Performance

67.27 %

Latent gain

1513.99 $

Invested capital

2250.65 $

Annualized return

16.41 %
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Momentum strategy results on Mount Gibson Iron Limited

This is the result of two momentum investment strategies applied to Mount Gibson Iron Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Mount Gibson Iron Limited

The following chart shows all the entries opened by the momentum investment system on Mount Gibson Iron Limited:

Mount Gibson Iron Limited momentum entries
  • The first momentum investment strategy would give 85.07% of return on Mount Gibson Iron Limited. That represents 3189.98$ of latent gain with 3749.7$ of employed capital.
  • The second momentum investment strategy would give 72.5% of return on Mount Gibson Iron Limited. That represents 2537.16$ of latent gain with 3499.64$ of employed capital.
Performance at glance (1Q Momentum)

Performance

85.07 %

Latent gain

3189.98 $

Invested capital

3749.7 $

Annualized return

3.52 %
Performance at glance (2Q Momentum)

Performance

72.5 %

Latent gain

2537.16 $

Invested capital

3499.64 $

Annualized return

20.03 %

Momentum equity curve on Mount Gibson Iron Limited

The following chart shows the equity curve of the two momentum strategies applied to Mount Gibson Iron Limited:

Mount Gibson Iron Limited momentum equity

Note: the dividends potentially given by Mount Gibson Iron Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Mount Gibson Iron Limited

The following chart shows the employed capital evolution of the two momentum strategies on Mount Gibson Iron Limited since the beginning:

Mount Gibson Iron Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Mount Gibson Iron Limited

Buy the dip entry openings on Mount Gibson Iron Limited

Mount Gibson Iron Limited

The performance achieved by the robo-advisor on Mount Gibson Iron Limited is 7.39%. That represents 129.23$ of latent gain with 1749.57$ of employed capital. The following chart shows Mount Gibson Iron Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Mount Gibson Iron Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

7.39 %

Latent gain

129.23 $

Invested capital

1749.57 $

Annualized return

3.52 %

Equity curve of the strategy applied to Mount Gibson Iron Limited

The following chart shows the result of the investment strategy applied to Mount Gibson Iron Limited:

Mount Gibson Iron Limited

Note: the dividends potentially given by Mount Gibson Iron Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Mount Gibson Iron Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Mount Gibson Iron Limited:

Mount Gibson Iron Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Mount Gibson Iron Limited

In this section, I will compare the three previous investment strategies applied to Mount Gibson Iron Limited.

Equity curve comparison on Mount Gibson Iron Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Mount Gibson Iron Limited investment strategy comparison

Employed capital comparison on Mount Gibson Iron Limited

Mount Gibson Iron Limited investment comparison

Performance comparison on Mount Gibson Iron Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 67.27% 1513.99$ 2250.65$ 16.41%
Momentum 1 quarter 85.07% 3189.98$ 3749.7$ 22.04%
Momentum 2 quarters 72.5% 2537.16$ 3499.64$ 20.03%
Non-directional 7.39% 129.23$ 1749.57$ 3.52%
Annualized return comparison

Automatic investment

16.41 %

Momentum 1Q

20.03 %

Momentum 2Q

20.03 %

Non-directional

3.52 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Mount Gibson Iron Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Mount Gibson Iron Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Mount Gibson Iron Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Mount Gibson Iron Limited
Country Australia
City West Perth
Address 2 Kings Park Road
Phone 61 8 9426 7500
Website www.mtgibsoniron.com.au
FullTime employees 355
Industry Steel
Sector Basic Materials
Exchange XASX
Ticker MGX.XASX
Market www2.asx.com.au

Mount Gibson Iron Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown