Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Magontec Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of generic and specialist alloys in Asia, the Americas, Europe, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and...
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'
Target Price
The average target price of MGL.AX is 0.37 and suggests 80% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
Buy
Sell