MGL.AU · Magontec Limited

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Admin

3 years, 8 months ago

Magontec Limited is currently in a long term downtrend where the price is trading 5.1% below its 200 day moving average.

From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.3.

Magontec Limited's total revenue sank by 22.5% to $49M since the same quarter in the previous year.

Its net income has increased by 65.1% to $-567K since the same quarter in the previous year.

Finally, its free cash flow grew by 105.1% to $216K since the same quarter in the previous year.

Based on the above factors, Magontec Limited gets an overall score of 3/5.

Sector	Basic Materials
ISIN	AU000000MGL2
CurrencyCode	AUD
Industry	Other Industrial Metals & Mining
Exchange	AU

Beta	0.73
Market Cap	29M
Target Price	None
PE Ratio	1.74
Dividend Yield	3.2%

ABOUT

Magontec Limited

Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Europe, North America, Asia, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems. The CCP products are used in water storage vessels. It also recycles magnesium alloys. The company was formerly known as Advanced Magnesium Limited and changed its name to Magontec Limited in November 2011. Magontec Limited was founded in 1953 and is headquartered in Potts Point, Australia.

MGL.AU · Magontec Limited

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Magontec Limited

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