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Magontec Limited Company Snapshot
Magontec Limited (Magontec) is a holding company. The Company' principal activities include manufacture and sale of generic and specialist magnesium alloys; manufacture and distribution of magnesium and titanium cathodic corrosion protection products (anodes), and creating markets for magnesium alloys and technologies by supporting demonstration trials and programs for developing new applications. Its segments are Admin Units, which are Magontec administrative entities performing a Head Office function comprising Magontec Limited (Australia), Advanced Magnesium Technologies Pty Limited (Australia) and Varomet Holdings Limited (Cyprus); EUR, which are Magontec operating entities in Europe comprising Magontec GmbH (Germany) and Magontec SRL (Romania), and PRC, which include Magontec operating entities in the People's Republic of China comprising Magontec Xian Co. Ltd. (China), Magontec Shanxi Co. Ltd. (China), Magontec Suzhou Co. Ltd. (China) and Magontec Qinghai Co. Ltd. (China).

Sales Analysis. During the year ended December of 2015, sales at Magontec Limited were A$139.76 million (US$106.85 million). This is an increase of 4.9% versus 2014, when the company's sales were A$133.28 million. This was the fifth consecutive year of sales increases at Magontec Limited (and since 2010, sales have increased a total of 1,787%).
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Magontec Limited
  Stock Performance Chart for Magontec Limited
  Stock Data: Recent Stock Performance:
  Current Price (10/21/2016): .04
(Figures in Australian Dollars)
1 Week -5.0%   13 Weeks -7.3%  
4 Weeks -9.5%   52 Weeks 111.1%  
Magontec Limited Key Data:
  Ticker: MGL Country: Australia
  Exchanges: Major Industry: Capital Goods
    Sub Industry: Nonferrous Rolling & Drawing
  2015 Sales 139,758,000
(Year Ending Jan 2016).
Employees: 121
  Currency: Australian Dollars Market Cap: 43,023,953
  Fiscal Yr Ends: December Shares Outstanding: 1,132,209,291
  Share Type: Ordinary Closely Held Shares: 646,135,765
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