Technical Analysis for MGX - Mount Gibson Iron Limited

Grade Last Price % Change Price Change
D 0.445 -2.20% -0.010
MGX closed down 2.2 percent on Tuesday, April 30, 2024, on 54 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Crossed Above 20 DMA Bullish -2.20%
50 DMA Resistance Bearish 2.30%
Fell Below 20 DMA Bearish 2.30%
MACD Bearish Centerline Cross Bearish 2.30%
Expansion Pivot Sell Setup Bearish Swing Setup 2.30%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.30%
Outside Day Range Expansion 2.30%
Gapped Up Strength 2.30%
20 DMA Support Bullish -1.11%

   Recent Intraday Alerts

Alert Time
Down 1 ATR about 20 hours ago
Down 3% about 20 hours ago
20 DMA Support about 21 hours ago
Down 2% about 21 hours ago
Down 1% about 21 hours ago

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Profile

Mount Gibson Iron Limited Description

Mount Gibson Iron Limited is a producer of iron ore products. The Company's principal activities include mining and shipment of hematite iron ore at Koolan Island in the Kimberley region of Western Australia; mining of hematite iron ore deposits at the Extension Hill mine site in the Mid-West region of Western Australia and haulage of the ore through road and rail for sale from the Geraldton Port, and exploration and development of hematite iron ore deposits at Koolan Island and in the Mid-West region of Western Australia. The Company operates through two segments: Extension Hill and Koolan Island. The Extension Hill segment includes the mining, crushing, transportation and sale of iron ore. The Extension Hill mine is located in the Mt Gibson Ranges. The Koolan Island segment includes the mining, crushing and sale of iron ore. The Company's Koolan Island hematite mining operation is located approximately 140 kilometers north of Derby in Yampi Sound, Western Australia.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Minerals Chemical Elements Iron Transport Iron Ore Kimberley Transportation Sound Geraldton Yam Hematite Mine Site Buccaneer Archipelago Iron Ore Product Yampi Sound

Is MGX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.57
52 Week Low 0.375
Average Volume 1,237,213
200-Day Moving Average 0.482
50-Day Moving Average 0.457
20-Day Moving Average 0.449
10-Day Moving Average 0.451
Average True Range 0.015
RSI (14) 46.52
ADX 15.51
+DI 14.334
-DI 20.097
Chandelier Exit (Long, 3 ATRs) 0.426
Chandelier Exit (Short, 3 ATRs) 0.464
Upper Bollinger Bands 0.468
Lower Bollinger Band 0.430
Percent B (%b) 0.4
BandWidth 8.508
MACD Line -0.001
MACD Signal Line -0.002
MACD Histogram 0.0005
Fundamentals Value
Market Cap 527.73 Million
Num Shares 1.19 Billion
EPS 0.07
Price-to-Earnings (P/E) Ratio 6.10
Price-to-Sales 1.89
Price-to-Book 1.33
PEG Ratio 0.00
Dividend 0.03
Dividend Yield 6.74%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.468
Resistance 3 (R3) 0.468 0.462 0.464
Resistance 2 (R2) 0.462 0.456 0.461 0.462
Resistance 1 (R1) 0.453 0.452 0.450 0.453 0.461
Pivot Point 0.447 0.447 0.445 0.446 0.447
Support 1 (S1) 0.438 0.441 0.435 0.438 0.429
Support 2 (S2) 0.432 0.437 0.431 0.428
Support 3 (S3) 0.423 0.432 0.426
Support 4 (S4) 0.423