Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
PYX Resources Limited focuses on the discovery and extraction of mineral sands. The company's product portfolio includes zircon and titanium dioxide, complemented by secondary products such as rutile, leucoxene, and ilmenite. It maintains interests in two significant mineral sands deposits located in Central Kalimantan, Indonesia: the Mandiri deposit, spanning 2,032 hectares, and the Tisma deposit, covering 1,500 hectares. PYX distributes its zircon globally, serving markets across the Americas, Asia, and Europe. The company is headquartered 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'