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MAM

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.6022$
  • Previous Close
    0.6114$
  • 52 Week Change
    0.18$
  • Day Range
    -0.01$
  • 52 Week High/Low
    0.43$ - 0.6104$
  • Dividend Per Share
    0.065
  • Market cap
    78 503 K$
  • EPS
    0.02
  • Beta
    0.8
  • Volume
    --

About

MAM.AU refers to the ordinary shares of Magellan Financial Group Limited, an Australian investment management firm, listed on the Australian Securities Exchange (ASX). Magellan Financial Group manages investment portfolios for retail, high net worth and institutional clients. The '.AU' suffix indicates that the stock is traded on the Australian Securities Exchange. Investors can buy or sell shares of Magellan Financial Group Limited through brokers or online trading platforms that offer access to the ASX. The company's performance and share price are influenced by factors such as investment performance, market conditions, and broader economic trends.

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Factors

Global Economic Conditions: Global economic growth or recession impacts investor sentiment and resource demand, directly influencing mining company valuations.

Commodity Prices: Manganese prices are key. Higher prices boost revenue and profits, driving up the stock. Lower prices can have the opposite effect.

Company Performance: Manganese ore production volume, efficiency, cost management, and expansion projects affect profitability and investor confidence.

Market Sentiment: General investor appetite for risk and resources stocks influences buying and selling pressure, independent of company fundamentals.

Regulatory Changes: Environmental regulations, mining taxes, and government policies can affect operating costs and the attractiveness of mining investments.

Currency Fluctuations: Changes in the Australian dollar's value against other currencies impact export revenue and profitability, affecting the stock price.

Interest Rates: Interest rate hikes can make borrowing more expensive for the company, potentially impacting growth plans and investor valuations.

Supply and Demand: Global manganese supply and demand balance affects prices, influencing the company's revenue and profitability, hence the stock price.

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