Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
PYX Resources Limited engages in the exploration and development of mineral sands deposits. The company offers zircon and titanium dioxide; and by-products, such as rutile, leucoxene, and ilmenite. It holds interest in the Mandiri mineral sands deposit covering an area of 2,032 hectares located in the Central Kalimantan, Indonesia; and the Tisma mineral sands deposit covering an area of 1,500 hectares located in the Central Kalimantan, Indonesia. The company sells its zircon product in the America, Asia, and Europe. PYX Resources Limited is based in Sydney, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'
