Mount Gibson Iron (ASX:MGX) Insider Paul Dougas Acquires 30,002 Shares

Mount Gibson Iron Limited (ASX:MGX) insider Paul Dougas acquired 30,002 shares of Mount Gibson Iron stock in a transaction that occurred on Monday, October 27th. The shares were bought at an average cost of A$0.34 per share, with a total value of A$10,200.68.

Mount Gibson Iron Stock Performance

The company has a debt-to-equity ratio of 2.17, a current ratio of 8.75 and a quick ratio of 1.32. The stock has a market cap of $372.59 million, a price-to-earnings ratio of 57.99, a P/E/G ratio of -0.04 and a beta of 0.99.

Mount Gibson Iron Company Profile

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.