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Metals X Limited Reports Robust Financial Growth for 2024

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Metals X Limited Reports Robust Financial Growth for 2024

Metals X Limited ( (AU:MLX) ) has shared an announcement.

Metals X Limited has reported a significant increase in its financial performance for the year ended 31 December 2024, with revenue rising by 42% to $218.82 million and profit after tax surging by 602% to $102.35 million compared to the previous year. Despite this strong financial growth, the company has decided not to declare or pay any dividends for the current or prior period, potentially indicating a focus on reinvestment or debt reduction.

More about Metals X Limited

Metals X Limited operates in the mining industry, focusing on the extraction and production of metals. The company is involved in activities related to the mining and sale of tin, copper, and other base metals, primarily targeting markets in Australia and internationally.

YTD Price Performance: 18.93%

Average Trading Volume: 61,001

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $301.9M

See more data about MLX stock on TipRanks’ Stock Analysis page.

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