MTGRF (MGX Resources) Float Percentage Of Total Shares Outstanding: 0.00% (As of Jul. 15, 2026)

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MTGRF MGX Resources Ltd MTGRF
50 GF Score
Price $0.26
GF Value $0.24
! 2 Warning Signs
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What is MGX Resources Float Percentage Of Total Shares Outstanding?

MGX Resources MTGRF 50 Float Percentage Of Total Shares Outstanding is 0.00% as of Jul. 15, 2026. GuruFocus rates MTGRF with a GF Score™ of 50/100 and a GF Value™ of $0.24. The stock has 2 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, MGX Resources's float shares is 0.00 Mil. MGX Resources's total shares outstanding is 1,180.43 Mil. MGX Resources's float percentage of total shares outstanding is 0.00%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, MGX Resources's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, MGX Resources's Institutional Ownership is 9.78%.

MTGRF
50GF Score
MGX Resources Ltd MTGRF
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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MGX Resources Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

MGX Resources's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=0.00/1,180.43
=0.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 0.00% mean?
MGX Resources (MTGRF) has a Float Percentage Of Total Shares Outstanding of 0.00% as of Jul. 15, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on MGX Resources and its competitors.
Is MGX Resources' Float Percentage Of Total Shares Outstanding too high?
MGX Resources' current Float Percentage Of Total Shares Outstanding is 0.00%. Overall, MGX Resources has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does MGX Resources' Float Percentage Of Total Shares Outstanding compare to NUE and STLD?
MGX Resources' Float Percentage Of Total Shares Outstanding of 0.00% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for a Steel company?
A good Float Percentage Of Total Shares Outstanding depends on the Steel industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on MGX Resources and its competitors. MGX Resources's current Float Percentage Of Total Shares Outstanding is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGX Resources stock overvalued right now?
MGX Resources (MTGRF) has a current Float Percentage Of Total Shares Outstanding of 0.00%. The stock's GF Value™ is $0.24, compared to a current price of $0.26 — trading 7.7% above its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 0.00%. MGX Resources' overall GF Score™ is 50/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For MGX Resources (MTGRF), the current Float Percentage Of Total Shares Outstanding is 0.00% as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MGX Resources (MTGRF) Overvalued in 2026?

Based on GuruFocus' analysis, MGX Resources stock appears to be overvalued. The current stock price of $0.26 is trading 7.7% above its estimated GF Value™ of $0.24.

Key valuation signals for MTGRF:

  • Float Percentage Of Total Shares Outstanding: 0.00%
  • GF Value™: $0.24 vs. price of $0.26 (7.7% above fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the MTGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MGX Resources Business Description

Other Exchanges MGX:Australia
Address 2 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005
MGX Resources Ltd is an Australian mining company. The company's flagship production asset is the Koolan Island mine in WA's Kimberley region. The Company also holds precious and base metals exploration tenements in the Mid-West and Gascoyne regions of Western Australia. Its other projects include the Central Tanami Gold Project and the WA Exploration - Tallering Peak and Edmund Basin.
50GF Score

Get the complete analysis for MTGRF

Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.26
Price
$0.24
GF Value