Magontec Limited logo

Magontec Limited (MGL)

Market Closed
CXA CXA
- Market Cap
- P/E Ratio
0.02% Div Yield
12,777 Volume
0.01 Eps
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Summary

MGL pays dividends to its shareholders, with the most recent payment made on Apr 08, 2024.
Magontec Limited has completed 1 stock splits, with the recent split occurring on Aug 17, 2021.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on CXA (AUD).

Magontec Limited (MGL) FAQ

On which exchange is it traded?

Magontec Limited is listed on CXA.

What is its stock symbol?

The ticker symbol is MGL.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.02%.

What is its market cap?

As of today, no market cap data is available.

Has Magontec Limited ever had a stock split?

Magontec Limited had 1 splits and the recent split was on Aug 17, 2021.

Magontec Limited Profile

Metals & Mining Industry
Materials Sector
Mr. Nicholas William Andrews B Ec.(Syd), B.E., MAICD, MSDIA CEO
CXA Exchange
- ISIN
Australia Country
- Employees
1 Apr 2024 Last Dividend
17 Aug 2021 Last Split
- IPO Date

Overview

Magontec Limited stands as a prominent entity in the field of magnesium alloy research, development, manufacturing, and sales, boasting operations that span across Europe, China, North America, and other international markets. This company has a rich history dating back to 1953, initially operating under the name Advanced Magnesium Limited before rebranding to Magontec Limited in November 2011. With its headquarters in Potts Point, Australia, Magontec not only focuses on generic and specialist magnesium alloys but also emphasizes the recycling of these materials, showcasing their commitment to sustainable practices within the industry.

Products and Services

Magontec Limited’s product portfolio is diverse, focusing on magnesium and titanium cathodic corrosion protection (CCP) products alongside their primary magnesium alloy offerings. Here's a closer look at their key products and services:

  • HyTonic Anodes: These are specifically designed for cathodic protection against corrosion in water storage systems. By utilizing magnesium's natural properties, HyTonic anodes offer an eco-friendly solution to extend the lifespan of water storage vessels through corrosion prevention.
  • Correx Impressed Current Systems: Correx systems represent advanced technology in corrosion protection, employing an external power source to provide a continuous protective current. This method is highly effective in controlling corrosion in a variety of structures, ensuring long-term durability and integrity.
  • CorroScout Measuring Systems: Tailored for the monitoring of corrosion and cathodic protection efficiency, the CorroScout systems enable precise measurements. This allows for the effective management and maintenance of CCP systems, ensuring optimal performance and protection against corrosion.
  • S-Patron Intelligent Measuring and Control Systems: As the pinnacle of Magontec’s technological innovation, the S-Patron systems integrate intelligent measuring with control capabilities. These systems provide dynamic responses to varying corrosion potentials, offering bespoke protection strategies and enhancing the efficacy of corrosion protection measures.

In addition to these specialized CCP products, Magontec demonstrates its environmental stewardship through the recycling of magnesium alloys, aligning with global sustainability goals and reducing the environmental impact associated with metal production and usage.

Contact Information

Address: 139 Macquarie Street
Phone: 61 2 8084 7813