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Metals X Limited
(Sydney:MLX)
Metals X Limited (MLX) vs. iShares MSCI Australia ETF (EWA)
Metals X Limited Business Overview & Revenue Model
Metals X Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 218.82M | 153.78M | 187.91M | 228.88M | 93.83M |
| Gross Profit | 95.26M | 48.63M | 87.33M | 135.18M | 18.69M |
| EBITDA | 115.32M | 58.68M | 95.40M | 138.83M | 28.67M |
| Net Income | 102.35M | 14.59M | 144.50M | 183.89M | 87.20M |
Balance Sheet | |||||
| Total Assets | 505.03M | 413.86M | 355.20M | 351.68M | 183.40M |
| Cash, Cash Equivalents and Short-Term Investments | 220.64M | 143.04M | 113.93M | 122.25M | 13.89M |
| Total Debt | 6.15M | 8.36M | 3.34M | 3.56M | 40.00M |
| Total Liabilities | 77.26M | 58.70M | 35.55M | 42.00M | 86.28M |
| Stockholders Equity | 427.77M | 334.23M | 319.65M | 309.68M | 138.65M |
Cash Flow | |||||
| Free Cash Flow | 102.63M | 29.93M | -7.28M | 113.22M | -18.26M |
| Operating Cash Flow | 143.57M | 64.86M | 11.56M | 150.00M | 4.40M |
| Investing Cash Flow | -55.45M | -32.65M | -18.84M | -23.83M | 12.69M |
| Financing Cash Flow | -10.51M | -3.10M | -1.04M | -17.39M | -17.71M |
Metals X Limited Technical Analysis
Metals X Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $562.86M | 3.96 | 33.38% | ― | 45.73% | 716.15% | |
61 Neutral | $10.29B | 7.21 | -0.05% | 2.89% | 2.87% | -36.73% | |
| ― | €380.24M | ― | -16.63% | ― | ― | ― | |
| ― | $246.37M | 7.90 | 14.01% | ― | ― | ― | |
48 Neutral | AU$474.37M | ― | -15.51% | ― | ― | -129.85% | |
44 Neutral | AU$383.84M | ― | -179.51% | ― | -100.00% | -27.86% | |
42 Neutral | AU$436.68M | ― | -77.74% | ― | ― | -654.93% |
Metals X Limited Corporate Events
Metals X Limited has updated its Mineral Resources for the Renison Tin Operation, revealing an increase in ore and metal tonnes but a decrease in tin grade. The Renison Mineral Resource now totals 20.8 million tonnes at 1.40% tin, with a notable addition from the Ringrose area contributing 11.8Kt of tin. The company continues to focus on resource definition and grade control drilling to support its Life-of-Mine plan, with further updates expected in Q3 2025. This update signifies ongoing efforts to enhance resource modeling and potential growth, despite challenges in accessing certain drilling platforms.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Metals X Limited reported a successful quarter ending June 30, 2025, with a notable increase in tin production and a significant cash inflow from operations. The company made strategic investments, including a $5 million stake in Elementos Limited and a partial offer for shares in Greentech Technology International Limited, reflecting its growth strategy and market positioning. Despite a decrease in cash reserves due to these investments, Metals X maintains strong liquidity. The company also emphasized its commitment to safety and environmental governance, implementing various safety initiatives at its Renison Tin Operation.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Metals X Limited announced the closure of its voluntary cash partial offer to acquire shares in Greentech Technology International Limited. The offer, which aimed to purchase up to 382,480,000 shares at HK$0.35 per share, received acceptances for only 42,417,600 shares, representing approximately 3.11% of Greentech’s issued share capital. The company’s Non-Executive Chairman expressed disappointment with the outcome and indicated ongoing monitoring of Greentech’s suspension status, as the Hong Kong Stock Exchange may cancel listings suspended for over 18 months, with Greentech’s deadline approaching in March 2026.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Metals X Limited has announced a voluntary cash partial offer to acquire up to 382,480,000 shares of Greentech Technology International Limited, representing 28% of Greentech’s issued share capital. The Independent Board Committee of Greentech has deemed the offer fair and reasonable, recommending that qualifying shareholders accept the offer. This move is significant for Metals X as it could enhance its market position and influence in the metals sector, while also providing potential value to Greentech’s shareholders.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Metals X Limited has completed the dispatch of its offer document for a voluntary cash partial offer to acquire up to 382,480,000 shares of Greentech Technology International Limited, representing 28% of Greentech’s issued share capital. This strategic move, priced at HK$0.35 per share, aims to increase Metals X’s stake in Greentech, potentially enhancing its influence and positioning within the industry.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Metals X Limited has announced a voluntary cash partial offer to acquire up to 382,480,000 shares of Greentech Technology International Limited, representing 28% of Greentech’s issued share capital, at a price of HK$0.35 per share. This strategic move aims to strengthen Metals X’s position in the market, as Greentech holds a 50% interest in the Bluestone Mines Tasmania Joint Venture, indirectly linking the two companies. The offer document has been released on the Hong Kong Stock Exchange, and a press conference will be held to discuss the details, indicating the company’s proactive approach to expanding its influence and operations.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Metals X Limited has announced the satisfaction of pre-conditions for its voluntary cash partial offer to acquire up to 28% of Greentech Technology International Limited’s shares, which are not already owned by Metals X or its concert parties. This strategic move, approved by the Securities and Futures Commission of Hong Kong, could enhance Metals X’s stake in Greentech, thereby potentially strengthening its operational and market position within the industry.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Metals X Limited has announced its intention to make a pre-conditional voluntary cash partial offer to acquire up to 28% of Greentech Technology International Limited’s shares, which are not already owned by Metals X or its concert parties. Despite previous attempts to engage with Greentech, Metals X has decided to proceed with the offer due to Greentech’s lack of response to pre-conditions. This move could potentially strengthen Metals X’s position in the market by increasing its stake in Greentech, which indirectly holds a 50% interest in the Bluestone Mines Tasmania Joint Venture.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Metals X Limited has acquired a substantial holding in Elementos Limited, a company involved in the mining sector, by obtaining 58,277,698 fully paid ordinary shares, which equates to a 19.79% voting power. This acquisition was made through a placement agreement, marking a significant strategic move for Metals X, potentially enhancing its influence and positioning within the industry.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Metals X Limited announced the results of its Annual General Meeting held on 19 May 2025, where two key resolutions were passed. The resolutions included the approval of the Remuneration Report and the re-election of Patrick O’Connor as Director. The successful passage of these resolutions reflects shareholder support for the company’s current management and strategic direction, potentially reinforcing its stability and governance in the competitive mining sector.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Metals X Limited has released a presentation that emphasizes the company’s adherence to continuous disclosure obligations under the Corporations Act 2001 and ASX Listing Rules. The presentation highlights the general nature of the information provided, including forecasts and forward-looking statements, and cautions stakeholders about the inherent uncertainties and risks associated with such projections. The company advises stakeholders to conduct their own investigations before making investment decisions.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Elementos Limited has entered into a binding agreement with Metals X Limited for a $5.0 million strategic private placement to fund the development of its Oropesa Tin Project in Spain and the Cleveland Tin Project in Tasmania. This investment positions Metals X as a strategic shareholder with a 19.98% stake in Elementos, enhancing collaboration on key projects and leveraging Metals X’s expertise as Australia’s largest tin producer.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
Metals X Limited has announced a strategic investment of $5 million in Elementos Limited through a private placement, acquiring a 19.98% stake in the company. This investment allows Metals X to engage in the development of global tin projects, enhancing its industry position and operational expertise by collaborating closely with Elementos’ management and board.
The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.