Added to YB: 2025-12-29
Pitch date: 2025-12-22
MLX.AX [bullish]
Metals X Limited
-0.45%
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 975.0M
Pitch Price
AUD 1.10
Price Target
2.13 (+94%)
Dividend
N/A
EV/EBITDA
5.11
P/E
7.08
EV/Sales
2.76
Sector
Metals and Mining
Category
turnaround
PPinvest | My Top 25 Stocks for 2026 - Metals X Limited
MLX.AX: Australia's largest tin producer (50% Renison mine stake). Bull case: tin demand from AI/electronics driving prices. 3yr target A$2.13 vs current levels. Using cash flow for exploration to extend mine life. Risks: underground mining operations, Aussie cost inflation (wages/energy).
Read full article (1 min)