MLG Shares MLG Oz Limited
ASX · ASXLast in our picks 2026-09-23 — not in the current list; analysis below is from that screen
Mining services exposure provides steadier earnings leverage to active resource development across Australia.
Future value: $0.98 (+22.50%) · 6-12 months
Signal breakdown
- ▸Mining activity remains resilient and supports operating leverage.
- ▸Above 50-day MA (+3.17%)
- ▸~23% upside to price target
Is MLG a buy right now?
Trend: MLG is trading below the 50-day average (-11.88%), RSI 50 — neutral momentum, with a 3-month return of -2.08%.
Valuation & quality: MLG Oz Limited trades on a trailing P/E of 8.8, forward P/E 5.5, price-to-book 0.68; fundamentals show net margin 2.6%, return on equity 9.5%, revenue growth 1.6% year on year.
Analyst consensus: 1 analysts have a mean 12-month price target of A$1.20 (+70.2% vs the last close; range A$1.20 – A$1.20), consensus rating “none”.
Income: trailing dividend yield 3.59%.
Our screen: BUY (score 3) — Mining services exposure provides steadier earnings leverage to active resource development across Australia.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -21.60% | -7.50% | -6.80% | +10.10% | -1.30% | +9.30% | -1.20% | -13.60% |
Fundamentals
Analyst price target
Technical signals
About MLG Oz Limited
MLG Oz Limited provides mine site and supply chain solutions in Western Australia and the Northern Territory.
Sector: Basic Materials · Industry: Other Industrial Metals & Mining · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.