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Shougang sells Mt Gibson stake for $176m

Another Chinese entity has made its way onto Mount Gibson Iron's share register, with the coal company buying Shougang Concord's interest in the miner for $176.3 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/07/19

1 year TSR5 year TSR
49thMount Gibson Iron118%7%
69thTribune Resources83%27%
362ndBase Resources-4%-1%
778thMetals X-70%-25%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

12/04/19
$117k Sold
06/12/18
$3k Bought
05/12/18
$10k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

18th↑Mount Gibson Iron$320.6m
19th↑Base Resources$269.0m
23rd↓Metals X$210.4m
24th↑Tribune Resources$180.5m
487 listed resources companies ranked by revenue.
Source: Morningstar

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