How to buy MLG OZ (MLG) shares
Learn how to easily invest in MLG OZ shares.
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MLG OZ is an other industrial metals & mining business based in Australia. MLG OZ shares (MLG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. MLG OZ has a trailing 12-month revenue of around $257.8 million. If you're looking to buy shares, check out the steps below.
How to buy shares in MLG OZ
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for MLG OZ. Find the share by name or ticker symbol: MLG. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MLG OZ reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of MLG OZ. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
MLG OZ stock price (ASX:MLG)Use our graph to track the performance of MLG stocks over time.
MLG OZ shares at a glance
|52-week range||$0.7563 - $1.3751|
|50-day moving average||$0.8607|
|200-day moving average||$0.9515|
|Dividend yield||$0.017 (4.07%)|
|Earnings per share (TTM)||$0.12|
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Is it a good time to buy MLG OZ stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
MLG OZ price performance over time
|1 week (2022-01-13)||0.84|
|1 month (2021-12-23)||-2.33%|
|3 months (2021-10-22)||-9.68%|
|6 months (2021-07-23)||0.84|
Is MLG OZ under- or over-valued?
Valuing MLG OZ stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MLG OZ's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MLG OZ's P/E ratio
MLG OZ's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, MLG OZ shares trade at around 7x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
MLG OZ's EBITDA
MLG OZ's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $38.6 million (£0.0 million).
The EBITDA is a measure of a MLG OZ's overall financial performance and is widely used to measure a its profitability.
MLG OZ financials
|Revenue TTM||$257.8 million|
|Operating margin TTM||8.42%|
|Gross profit TTM||$83.6 million|
|Return on assets TTM||6.76%|
|Return on equity TTM||14.77%|
|Market capitalisation||$122.4 million|
TTM: trailing 12 months
MLG OZ share dividends
Dividend payout ratio: 14.25% of net profits
Recently MLG OZ has paid out, on average, around 14.25% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.07% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MLG OZ shareholders could enjoy a 4.07% return on their shares, in the form of dividend payments. In MLG OZ's case, that would currently equate to about A$0.017 per share.
While MLG OZ's payout ratio might seem low, this can signify that MLG OZ is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 14 September 2021 (the "ex-dividend date").
MLG OZ overview
MLG Oz Limited provides mine site support services throughout Western Australia and the Northern Territory. The company offers mine site and bulk haulage services, such as crusher feed, road maintenance, vehicle maintenance, machine and labor hire, and rehabilitation work, as well as mine site haulage services; and mines and supplies construction materials, including sand, aggregate, cement, and lime for mining and civil projects. It also provides crushing and screening services comprising mobile and fixed plant crushing, concrete aggregate production, road base production, and general screening services; and export logistics services, including mine to port transport, container packing and devanning, import receival and distribution, and shipping documentation services. The company was founded in 2001 and is headquartered in Kalgoorlie, Australia.
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