Risk factor
High price volatility
Profitability factor
Very strong margins and returns
About
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. It also invests in companies undertaking exploration and development of tin, gold, and base metals projects. Metals X Limited was incorporated in 2004 and is based in South Perth, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, unde
Target Price
The average target price of MLX.AX is 0.98 and suggests 23% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d
