` MGL (Magontec Ltd) vs S&P/ASX 300 Comparison - Alpha Spread

MGL
vs
S
S&P/ASX 300

Over the past 12 months, MGL has underperformed S&P/ASX 300, delivering a return of -2% compared to the S&P/ASX 300's +6% growth.

Stocks Performance
MGL vs S&P/ASX 300

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MGL
S&P/ASX 300
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Performance Gap
MGL vs S&P/ASX 300

Performance Gap Between MGL and AXKO
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Performance By Year
MGL vs S&P/ASX 300

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MGL
S&P/ASX 300
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Competitors Performance
Magontec Ltd vs Peers

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Magontec Ltd
Glance View

Market Cap
11.7m AUD
Industry
Metals & Mining

Magontec Ltd. engages in the manufacture of magnesium alloys. The company is headquartered in Sydney, New South Wales and currently employs 339 full-time employees. The firm is also engaged in research and development of new proprietary magnesium, alloys and technologies and cathodic corrosion protection products (CCP). Its products and services include Primary Mg Alloy, Magnesium Alloy Recycling and Cathodic Corrosion Protection. The firm is exporter of alloys to die cast customers in Asia, Europe and the Americas. The company produces alloys from its production facilities in Shanxi and Qinghai Provinces PRC. The Company’s alloys are recyclable returning to the industrial cycle a scrap product from die cast magnesium applications. The company has recycling facilities in Germany and Romania. The firm manufactures and provides technical support for product lines for water storage vessel protection under brand names, including HyTonic Anodes and Correx Impressed Current Systems.

MGL Intrinsic Value
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