MGX Resources (ASX:MGX) 3-Month Share Buyback Ratio: 0.00% (As of Jun. 2026 )

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:MGX MGX Resources Ltd ASX:MGX
42 GF Score
Price A$0.38
GF Value A$0.18
Valuation Significantly Overvalued
! 5 Warning Signs
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What is MGX Resources 3-Month Share Buyback Ratio?

MGX Resources ASX:MGX +2.70% 42 3-Month Share Buyback Ratio is 0.00 as of Jun. 2026. GuruFocus rates ASX:MGX with a GF Score™ of 42/100 and a GF Value™ of A$0.18 (Significantly Overvalued). The stock has 5 warning signs investors should review.

3-Month Share Buyback Ratio only apply to companies whose reporting frequency is 3 months.

ASX:MGX
42GF Score
MGX Resources Ltd ASX:MGX
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a 3-Month Share Buyback Ratio of 0.00 mean?
MGX Resources (ASX:MGX) has a 3-Month Share Buyback Ratio of 0.00 as of Jun. 2026. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for MGX Resources and its competitors.
Is MGX Resources' 3-Month Share Buyback Ratio too high?
MGX Resources' current 3-Month Share Buyback Ratio is 0.00. Overall, MGX Resources has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MGX Resources' 3-Month Share Buyback Ratio compare to NUE and STLD?
MGX Resources' 3-Month Share Buyback Ratio 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 3-Month Share Buyback Ratio for a Steel company?
A good 3-Month Share Buyback Ratio depends on the Steel industry context. However, 3-Month Share Buyback Ratio 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 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for MGX Resources and its competitors. MGX Resources's current 3-Month Share Buyback Ratio 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?
Based on GuruFocus' analysis, MGX Resources (ASX:MGX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.18, compared to a current price of A$0.38 — trading 111.1% above its estimated fair value. The current 3-Month Share Buyback Ratio is 0.00. MGX Resources' overall GF Score™ is 42/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For MGX Resources (ASX:MGX), the current 3-Month Share Buyback Ratio is 0.00 as of Jun. 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 (ASX:MGX) Overvalued in 2026?

Based on GuruFocus' analysis, MGX Resources stock appears to be overvalued. The current stock price of A$0.38 is trading 111.1% above its estimated GF Value™ of A$0.18. GuruFocus considers MGX Resources to be Significantly Overvalued.

Key valuation signals for ASX:MGX:

  • 3-Month Share Buyback Ratio: 0.00
  • GF Value™: A$0.18 vs. price of A$0.38 (111.1% above fair value)
  • GF Score™: 42/100 with 5 warning signs

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

MGX Resources Business Description

Other Exchanges MTGRF:USA
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.
42GF Score

Get the complete analysis for ASX:MGX

3-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.38
Price
A$0.18
GF Value