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How to buy MLG Oz (MLG) shares

Learn how to easily invest in MLG Oz shares.

MLG OZ Ltd (MLG) is a leading other industrial metals & mining business based in Australia. It opened the day at AUDA$0.93 after a previous close of AUDA$0.945. During the day the price has varied from a low of AUDA$0.87 to a high of AUDA$0.93. The latest price was AUDA$0.87 (25 minute delay). MLG Oz is listed on the Australian Securities Exchange (ASX) and employs 600 staff. All prices are listed in Australian Dollars.

How to buy shares in MLG Oz

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MLG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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MLG Oz shares at a glance

Information last updated 2021-07-08.
OpenA$0.93
HighA$0.93
LowA$0.87
CloseA$0.87
Previous closeA$0.95
Change A$-0.08
Change % -7.9365%
Volume 671,968
Information last updated 2022-06-21.
52-week rangeA$0.43 - A$1.02
50-day moving average A$0.60
200-day moving average A$0.78
Wall St. target priceA$0.95
PE ratio 7.7679
Dividend yield A$0.017 (7.52%)
Earnings per share (TTM) A$0.06

MLG Oz stock price (Australian Securities Exchange (ASX):MLG)

Use our graph to track the performance of MLG stocks over time.

MLG Oz price performance over time

Historical closes compared with the close of A$0.87 from 2022-06-24

1 week (2022-06-17) 81.25%
1 month (2022-05-25) 42.62%
3 months (2022-03-25) 20.83%
6 months (2021-12-24) 1.16%
1 year (2021-06-25) -11.22%
2 years (2020-06-21) N/A
3 years (2019-06-21) N/A
5 years (2017-06-21) N/A

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 8x. In other words, MLG Oz shares trade at around 8x 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 A$31.6 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 A$279 million
Operating margin TTM 4.41%
Gross profit TTM A$83.6 million
Return on assets TTM 3.61%
Return on equity TTM 8.21%
Profit margin 2.58%
Book value A$0.78
Market capitalisation A$66.3 million

TTM: trailing 12 months

MLG Oz share dividends

21%

Dividend payout ratio: 21.38% of net profits

Recently MLG Oz has paid out, on average, around 21.38% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.52% 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 7.52% 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. .

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involve substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances and obtain your own advice before making any trades.

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