Magnetite Mines Limited (MGT.AX)
Mines iron ore from deposits in South Australia.
0.02-0.06%Basic Materials
StockGlow Score
Bearish
BearishBullish
1 year ago-81.1%
The outlook
MGT.AX is trading near its 52-week low at $0.017, well below both its 50- and 200-day moving averages, signaling a sustained downtrend. Analyst coverage appears sparse, and the overall sentiment leans bearish based on current market positioning.
What’s behind the score
Price trendBelow its 50- & 200-day averages
52-week range0% of the way from its 52-week low to high
Market cap
$3.9M
52-wk high
0.29
52-wk low
0.02
50-day avg
0.02
200-day avg
0.04
Trailing P/E
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