Added to YB: 2024-07-05
Pitch date: 2024-07-05
MLX.AX [bullish]
Metals X Limited
+132.18%
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 0.43
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.20
P/E
3.99
EV/Sales
1.19
Sector
Metals and Mining
Category
growth
Show full summary:
Why Metals X Limited's Stock Rise is Just the Beginning
MLX.AX up 43% YoY to 43cps, added A$70M cash, A$10M from CYM note (Mar-25), A$35M Ringrose discovery. Stock rise matches value add (A$115M). Future earnings & tin price upside not priced in. Strong returns expected to continue.
Read full article (1 min)