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Metals X Limited ( (AU:MLX) ) just unveiled an update.
Metals X Limited announced an updated Ore Reserve estimate for its Renison Tin Operations, revealing a slight decrease in ore tonnes, tin grade, and contained tin over the past year. Despite these decreases, the mine life remains at approximately 10 years, with the company actively engaging in exploration activities to potentially extend this duration and add to its resource inventory.
More about Metals X Limited
Metals X Limited is a company involved in the mining industry, with a focus on tin production. It holds a 50% interest in the Renison Tin Operations in Tasmania through the Bluestone Mines Tasmania Joint Venture. The company aims to maintain and potentially extend its mine life through exploration activities.
YTD Price Performance: 3.45%
Average Trading Volume: 40,677
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $248.8M
See more data about MLX stock on TipRanks’ Stock Analysis page.