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The historical data trend for MGX Resources's Buyback Yield % can be seen below:
* 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.
MTGRF vs NUE, STLD, RS: Buyback Yield % Comparison
For the Steel subindustry, MGX Resources's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MGX Resources Buyback Yield % vs Steel Industry
For the Steel industry and Basic Materials sector, MGX Resources's Buyback Yield % distribution charts can be found below:
* The bar in red indicates where MGX Resources's Buyback Yield % falls into.
* 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.
MGX Resources (MTGRF) has a Buyback Yield % of 1.88 as of Jul. 15, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on MGX Resources and its competitors. According to the industry distribution chart, MGX Resources ranks #31 out of 155 companies in the Steel industry, placing it in the top 20%.
Is MGX Resources' Buyback Yield % too high?
MGX Resources' current Buyback Yield % is 1.88. Based on the distribution chart, MGX Resources ranks #31 out of 155 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, MGX Resources has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does MGX Resources' Buyback Yield % compare to NUE and STLD?
According to the Steel industry distribution chart, MGX Resources ranks #31 out of 155 companies for Buyback Yield %. This places MGX Resources in the top 20% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a Steel company?
A good Buyback Yield % depends on the Steel industry context. However, Buyback Yield % 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 Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on MGX Resources and its competitors. MGX Resources's current Buyback Yield % is 1.88. 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 Buyback Yield % of 1.88. 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 Buyback Yield % is 1.88. 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 Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For MGX Resources (MTGRF), the current Buyback Yield % is 1.88 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:
Buyback Yield %: 1.88
GF Value™: $0.24 vs. price of $0.26 (7.7% above fair value)
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 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
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Buyback Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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