midwest gold ltd (MGL:Mumbai)
midwest gold ltd (MGL) Snapshot
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Open
23.90
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Previous Close
23.90
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Day High
23.90
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Day Low
23.90
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52 Week High
01/4/13 - 26.35
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52 Week Low
08/23/12 - 22.85
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Market Cap
78.2M
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Average Volume 10 Days
0.0
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EPS TTM
-0.25
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Shares Outstanding
3.3M
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EX-Date
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
midwest gold ltd (MGL) Related Businessweek News
No Related Businessweek News Foundmidwest gold ltd (MGL) Details
Midwest Gold Limited engages in the exploration of gold and other precious metals in India, South Africa, and Zimbabwe. It also offers granite and marble. The company, formerly known as Nova Granites (India) Limited, is based in Hyderabad, India.
midwest gold ltd (MGL) Key Developments
Midwest Gold Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net loss and loss from ordinary activities before tax of INR 0.692 million or INR 0.21 basic and diluted loss per after extra ordinary items on total income of INR 9.162 million compared to net loss and loss from ordinary activities before tax of INR 1.804 million or INR 0.55 basic and diluted loss per after extra ordinary items on total income of INR 9.454 million for the corresponding period last year. Loss from operations before other income, interest & exceptional items was INR 0.687 million against INR 1.807 million for the comparable period last year. For the nine months, the company reported net profit and profit from ordinary activities before tax of INR 2.761 million or INR 0.84 basic and diluted earnings per after extra ordinary items on total income of INR 67.559 million compared to net loss and loss from ordinary activities before tax of INR 2.628 million or INR 0.80 basic and diluted loss per after extra ordinary items on total income of INR 24.540 million for the corresponding period last year. Profit from operations before other income, interest & exceptional items was INR 2.782 million against loss from operations before other income, interest & exceptional items of INR 2.632 million for the comparable period last year.
Midwest Gold Limited, Board Meeting, Feb 12, 2013. Agenda: To consider quarterly results.
Midwest Gold Limited reported unaudited earnings results for the second quarter and six months ended September 30, 2012. For the quarter, the company reported net sales of INR 39.9 million against INR 2.29 million a year ago. Loss from operations before other income, finance costs & exceptional items was INR 0.18 million against INR 0.232 million a year ago. Loss from ordinary activities before tax was INR 0.18 million against INR 0.26 million a year ago. Net loss was INR 0.18 million against INR 0.26 million a year ago. Basic and diluted loss per share after extraordinary items was INR 0.05 against INR 0.08 a year ago. For the six months, the company reported net sales of INR 58.68 million against INR 6.33 million a year ago. Loss from operations before other income, finance costs & exceptional items was INR 0.29 million against INR 1.184 million a year ago. Loss from ordinary activities before tax was INR 0.3 million against INR 1.23 million a year ago. Net loss was INR 0.3 million against INR 1.23 million a year ago. Basic and diluted loss per share after extraordinary items was INR 0.09 against INR 0.38 a year ago.
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| MGL:IN | 23.90 INR | 0.00 | |
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Industry Analysis
MGL
Industry Average
| Valuation | MGL | Industry Range |
| Price/Earnings | 16.9x |
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| Price/Sales | 0.8x |
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| Price/Book | 35.2x |
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| Price/Cash Flow | 15.0x |
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| TEV/Sales | 0.8x |
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To contact MIDWEST GOLD LTD, please visit www.midwestgoldltd.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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