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MTGRF
Stock ticker: OTC
AS OF
Nov 4 closing price
Price
$0.19
Change
-$0.00 (-0.00%)
Capitalization
229.86M

MTGRF stock forecast, quote, news & analysis

MTGRF
Daily Signalchanged days ago
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for MTGRF with price predictions
Dec 18, 2024

MTGRF in upward trend: 10-day moving average broke above 50-day moving average on November 27, 2024

The 10-day moving average for MTGRF crossed bullishly above the 50-day moving average on November 27, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 10 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

MTGRF moved above its 50-day moving average on November 27, 2024 date and that indicates a change from a downward trend to an upward trend.

Bearish Trend Analysis

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.658) is normal, around the industry mean (1.132). P/E Ratio (56.110) is within average values for comparable stocks, (73.871). MTGRF's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.989). MTGRF has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.052). P/S Ratio (0.536) is also within normal values, averaging (0.935).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. MTGRF’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MTGRF’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nucor Corp (NYSE:NUE), ArcelorMittal (NYSE:MT), United States Steel Corp (NYSE:X), Cleveland-Cliffs (NYSE:CLF).

Industry description

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

Market Cap

The average market capitalization across the Steel Industry is 4.69B. The market cap for tickers in the group ranges from 39.16K to 28.41B. NUE holds the highest valuation in this group at 28.41B. The lowest valued company is ADTC at 39.16K.

High and low price notable news

The average weekly price growth across all stocks in the Steel Industry was -5%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was -3%. ANGGF experienced the highest price growth at 15%, while SID experienced the biggest fall at -21%.

Volume

The average weekly volume growth across all stocks in the Steel Industry was 16%. For the same stocks of the Industry, the average monthly volume growth was 34% and the average quarterly volume growth was -11%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 23
P/E Growth Rating: 42
Price Growth Rating: 63
SMR Rating: 75
Profit Risk Rating: 70
Seasonality Score: 40 (-100 ... +100)
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MTGRF
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published General Information

General Information

Industry Steel

Profile
Fundamentals
Details
Industry
N/A
Address
2 Kings Park Road
Phone
+61 894267500
Employees
371
Web
https://www.mtgibsoniron.com.au