MGT RESOURCES LIMITED (MGS)



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General Information
Company Name: MGT Resources Limited
Stock Code: MGS
Website: www.mgt.net.au
GICS Sub-Industry: Gold
Market Cap ($M): 14
Equiv. Shares (M): 140

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.100 $ 0.000 $ 0.000 $ 0.000 $ 0.100 0 0%

Company Overview

Business Description:
MGT Resources Limited (MGS) is an emerging tin production and exploration company focusing on exploration for tin, gold, copper and other base and precious metals at various sites across Queensland. MGS also conducts its exploration activities through its 83.48%-owned subsidiary MGT Mining Limited. Currently, MGS has one tin project being Mt Garnet Project and three gold projects being Nymbool, Pyramid and the Southern Queensland Projects.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A 0.0 0.0 -- -- 0.0 -- --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap A F 2012 F A F 2012 F A F 2012 F
Evolution Mining (EVN) $588 M -- 0.2450 0.2095 11.9597 9.6065 7.9426 0.0000 0.0108 0.0229
MGT Resources (MGS) $14 M -- -- -- -- -- -- 0.0000 -- --
Newcrest Mining (NCM) $11,513 M -0.0378 -0.4475 0.0889 10.6156 19.2121 17.6436 0.0233 0.0215 0.0233
OZ Minerals (OZL) $1,244 M -0.6077 -0.5926 1.2746 9.8439 24.1603 10.6218 0.0732 0.0255 0.0437
Regis Resources (RRL) $1,760 M 0.7775 1.2655 0.3111 24.3742 10.7589 8.2058 0.0000 0.0541 0.0791

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
MGS -- -- 2.91 -- --
Market 1.13 13.2 0.92 2.50 2.58
Sector 0.56 8.96 0.71 1.83 6.67

Directors
Name Position Start Date
Mr Gary Kuo Chief Operating Officer,Executive Director 07 January 2011
Mr Jonathan Paul Back Managing Director,Executive Chairman 04 September 2008
Mr Robert J Vagnoni Non-Executive Director 01 February 2011
Mr George Monemvasitis Non-Executive Director 30 June 2008
Mr Hai Jun Li Non-Executive Director 14 April 2009

Management
Name Position
Alexander Moody Company Secretary

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
21 February 2014 Report (Interim)
30 January 2014 Report (Quarterly)
06 January 2014 Report (Annual)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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