2ns chance drawThis is what I like to call the 2nd chance draw, nice breakout followed by a test of the break. A possible nice entry for those like myself that missed the break, with a stoploss just under the break.
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−0.090 AUD
466.00 K AUD
102.36 M AUD
About MAGONTEC LIMITED
Sector
Industry
CEO
Nicholas William Andrews
Website
Headquarters
Sydney
Founded
1983
ISIN
AU000000MGL2
FIGI
BBG000BZ6DP7
Magontec Ltd. engages in manufacturing of magnesium products. Its principal activities include manufacture and sale of generic and specialist alloys, manufacture and distribution of magnesium and titanium cathodic corrosion protection products and research and development of new magnesium alloys and technologies. The company was founded in 1953 and is headquartered in Sydney, Australia.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MGL is 0.190 AUD — it hasn't changed in the past 24 hours. Watch MAGONTEC LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange MAGONTEC LIMITED stocks are traded under the ticker MGL.
MGL stock hasn't changed in a week, the month change is a −7.32% fall, over the last year MAGONTEC LIMITED has showed a −49.33% decrease.
We've gathered analysts' opinions on MAGONTEC LIMITED future price: according to them, MGL price has a max estimate of 0.37 AUD and a min estimate of 0.37 AUD. Watch MGL chart and read a more detailed MAGONTEC LIMITED stock forecast: see what analysts think of MAGONTEC LIMITED and suggest that you do with its stocks.
MGL stock is 0.00% volatile and has beta coefficient of 0.22. Track MAGONTEC LIMITED stock price on the chart and check out the list of the most volatile stocks — is MAGONTEC LIMITED there?
Yes, you can track MAGONTEC LIMITED financials in yearly and quarterly reports right on TradingView.
MAGONTEC LIMITED is going to release the next earnings report on Mar 3, 2025. Keep track of upcoming events with our Earnings Calendar.
MAGONTEC LIMITED revenue for the last half-year amounts to 41.41 M AUD, despite the estimated figure of 43.00 M AUD. In the next half-year revenue is expected to reach 38.00 M AUD.
MGL net income for the last half-year is −5.25 M AUD, while the previous report showed −1.93 M AUD of net income which accounts for −171.88% change. Track more MAGONTEC LIMITED financial stats to get the full picture.
MAGONTEC LIMITED dividend yield was 3.08% in 2023, and payout ratio reached 200.00%. The year before the numbers were 3.69% and 5.58% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 21, 2024, the company has 311.00 employees. See our rating of the largest employees — is MAGONTEC LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MAGONTEC LIMITED EBITDA is −2.48 M AUD, and current EBITDA margin is 4.74%. See more stats in MAGONTEC LIMITED financial statements.
Like other stocks, MGL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MAGONTEC LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MAGONTEC LIMITED technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MAGONTEC LIMITED stock shows the sell signal. See more of MAGONTEC LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.