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Last R$0.37 BRL
Change Today -0.02 / -5.13%
Volume 225.9K
MMXM3 On Other Exchanges
Sao Paulo
As of 4:06 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

mmx mineracao e metalicos sa (MMXM3) Snapshot

Previous Close
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52 Week High
11/27/14 - R$0.94
52 Week Low
08/27/15 - R$0.27
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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mmx mineracao e metalicos sa (MMXM3) Details

MMX Mineração e Metálicos S.A., together with its subsidiaries, engages in the extraction, processing, research, and development of minerals in Brazil. The company operates through Sudeste System and Corumbá System segments. It is also involved in the sale of iron ore. The company’s projects comprise the Sudeste System that consists of an iron ore extraction and sale unit in the State of Minas Gerais; and the Corumbá System, which includes the iron ore extracting unit in Mato Grosso do Sul State. In addition, it engages in the logistics activities; and operates Sudeste do Brasil Port, a mixed-use private port terminal that handles iron ore. MMX Mineração e Metálicos S.A. is based in Belo Horizonte, Brazil.

mmx mineracao e metalicos sa (MMXM3) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

mmx mineracao e metalicos sa (MMXM3) Key Developments

MMX Announces Consolidated Earnings Results for the First Quarter of 2015

MMX announced consolidated earnings results for the first quarter of 2015. For the quarter, the company reported net loss was BRL 263 million ($87 million) in the first quarter from BRL 69.2 million a year ago. Net revenue for the quarter was 0, compared with BRL 110 million in the first quarter of 2014 a year ago. Adjusted LBITDA was BRL 237 million, compared with BRL 501 million a year ago. The company recorded zero sales of iron ore, down from 1.2Mt.

MMX Mineracao e Metalicos S.A., Annual General Meeting, Apr 30, 2015

MMX Mineracao e Metalicos S.A., Annual General Meeting, Apr 30, 2015., at 15:00 Argentina Standard Time. Location: City and State of Rio de Janeiro, at Praia do Flamengo. Agenda: To take the discuss and vote the financial statements for the fiscal year ended December 31, 2014; to approve the allocation of net income for the year ended on December 31, 2014; to elect the members of the board of directors; and to determine the remuneration of the directors of the company.

MMX Reports Earnings and Sales Results for the Fourth Quarter of 2014

MMX reported earnings and sales results for the fourth quarter of 2014. For the quarter, the company reported net loss of BRL 172 million ($54 million) for the fourth quarter of 2014 compared with a BRL 353 million loss for the same period in 2013. Net revenue was BRL 100,000 compared with BRL 180 million in the fourth quarter of 2013. Adjusted LBITDA was BRL 226 million compared with BRL 131 million a year ago. Net debt fell 96% to BRL 99.2 million from BRL 2.79 billion a year ago. For the quarter, the company recorded sales of 2,000 tons iron ore, down from 839,400 tons in the same period of the previous year.


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