MGX News: Mount Gibson Iron (ASX:MGX) investors are sitting on a loss of 37% if they invested three years ago - 8th Oct 2023, 11:41am

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In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But its virtually certain that sometimes you will buy stocks that fall short of the market average returns. We regret to report that long term Mount Gibson Iron Limited (ASX:MGX) shareholders have had that experience, with the share price dropping 39% in three years, versus a market return of about 29%.

Now let's have a look at the company's fundamentals, and see if t...

>>> Read more: Mount Gibson Iron (ASX:MGX) investors are sitting on a loss of 37% if they invested three years ago
 
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