Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Metals X Limited ( (AU:MLX) ) is now available.
Metals X reported one of its strongest operational quarters at the Renison Tin Operation for the December 2025 quarter, delivering near record tin-in-concentrate production of 3,319 tonnes, record monthly output in December, improved mill recovery of 82.34% and a sharp reduction in C1 cash costs to A$16,598 per tonne. These operational gains, combined with higher tin prices, drove imputed EBITDA on a 100% basis to A$112.5 million and boosted EBITDA margins to about 58%, while Ore Reserve upgrades confirmed over 102,000 tonnes of contained tin and contributed to a rising cash position of A$293.6 million plus increased tin receivables, reinforcing the asset’s longevity and cash generation. The company also maintained its strategic exposure to future tin supply by participating in equity raisings for Elementos and First Tin, progressed mine closure planning at Mt Bischoff, and executed ongoing safety and workforce initiatives at Renison, although safety metrics were mixed, highlighting continued focus on ESG performance and operational leadership changes within the Bluestone Mines Tasmania JV.
The most recent analyst rating on (AU:MLX) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
More about Metals X Limited
Metals X Limited is an Australian tin producer with a 50% interest in the Bluestone Mines Tasmania Joint Venture, which operates the Renison Tin Operation. The company’s primary product is tin-in-concentrate, and it focuses on supplying global tin markets while also holding strategic equity stakes in other tin developers, including Elementos Limited and First Tin Plc. Metals X maintains a strong balance sheet with significant cash and tin receivables, underpinned by long-life reserves at Renison.
Average Trading Volume: 3,084,872
Technical Sentiment Signal: Buy
Current Market Cap: A$1.11B
See more insights into MLX stock on TipRanks’ Stock Analysis page.