BUZZ-Australia's MGX Resources hits three-month high on higher iron ore sales

Reuters

01/23

** Shares of MGX Resources MGX.AX, formerly Mount Gibson Iron, rise 5.6% to A$0.4750, their highest since mid-October, 2025

** Miner posts quarterly iron ore sales of 0.80 million wet metric tons, above the 0.7 million wmt in pcp

** Set for best session since November 28

** Stock up 4.4% YTD, after rising 54.2% in 2025

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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