Professional
Added to YB: 2024-04-18
Pitch date: 2024-04-11
MLX.AX [bullish]
Metals X Limited
+119.57%
current return
Author Info
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Company Info
Metals X Limited engages in the production of tin in Australia. The company holds a 50% interest in the Renison tin project located on the Northwest Tasmania.
Market Cap
AUD 549.6M
Pitch Price
AUD 0.46
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.20
P/E
3.99
EV/Sales
1.19
Sector
Metals and Mining
Category
value
Show full summary:
Old West Investment Management Portfolio Holding: Metals X Limited
MLX.AX: Australian tin miner w/ 50% stake in Tasmanian mine producing 5k tons/yr at $20k/ton cost. Trades cheaply due to legacy shareholder selling & cash return concerns, but recent buyback announcement boosted shares. Significant cash holdings vs market cap.
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