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
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV/E
Target Price
The average target price of MLX.AX is 1.6 and suggests 1% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation