Metals X Limited (MLX) AI Stock Analysis

• Market Cap: $713.55M
• Dividend Yield: N/A
• Average Volume (3M): 3.37M
• Price to Earnings (P/E): 5.2
• Beta (1Y): 0.54
• Revenue Growth: 45.73%
• EPS Growth: 716.15%
• Country: AU
• Employees: 175
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.06
• Shares Outstanding: 886,391,540
• 10 Day Avg. Volume: 2,437,488
• 30 Day Avg. Volume: 3,365,772
• PEG Ratio: <0.01
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 1.71
• P/FCF Ratio: 3.65
• Enterprise Value/Market Cap: 0.36
• Enterprise Value/Revenue: 1.17
• Enterprise Value/Gross Profit: 2.69
• Enterprise Value/Ebitda: 2.22
• 1Y Price Target: $1.00
• Price Target Upside: 18.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.16
• Revenue Forecast (FY): $421.27M

• Rating: 80 Outperform
• Price Target: AU$1.00 ▲(19.05% Upside)

Metals X Limited's strong financial performance and attractive valuation are the primary drivers of its high overall stock score. The positive technical indicators further support the stock's favorable outlook. The absence of earnings call data and corporate events does not impact the score.

Metals X Limited Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Metals X generates revenue primarily through the sale of tin and copper concentrates from its mining operations. The company's revenue model is based on producing and selling these minerals to domestic and international markets, capitalizing on fluctuating commodity prices. Key revenue streams include contracts with smelters and traders, which provide a consistent demand for their products. Additionally, Metals X benefits from strategic partnerships and joint ventures that enhance its operational capabilities and market reach. The company also invests in exploration projects to expand its resource base, which can lead to increased production and revenue in the future.

Metals X Limited Financial Statement Overview

Summary

Metals X Limited exhibits strong financial health with impressive revenue growth, high profit margins, minimal leverage, and robust cash flow generation. These factors contribute to a high financial performance score.

Income Statement

Metals X Limited demonstrates strong profitability with a net profit margin of 46.8% and a gross profit margin of 43.5% for 2024. The company also achieved a significant revenue growth rate of 42.3% compared to 2023. The EBIT and EBITDA margins of 42.3% and 52.7%, respectively, indicate efficient operations and cost management. These factors contribute to a high score for the income statement.

Balance Sheet

The balance sheet of Metals X Limited is robust, with a low debt-to-equity ratio of 0.014, indicating minimal leverage and financial risk. The return on equity (ROE) is impressive at 23.9%, demonstrating effective use of shareholder capital. The equity ratio is high at 84.7%, suggesting a solid financial foundation. These metrics reflect strong financial stability, contributing to a favorable balance sheet score.

Cash Flow

The cash flow statement highlights strong cash generation, with a free cash flow growth rate of 242.8% from 2023 to 2024. The operating cash flow to net income ratio is 1.40, indicating efficient conversion of income to cash. The free cash flow to net income ratio is 1.00, illustrating effective cash flow management. These positive cash flow metrics support a high score for the cash flow statement.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	218.82M	153.78M	187.91M	228.88M	93.83M
Gross Profit	95.26M	48.63M	87.33M	135.18M	18.69M
EBITDA	115.32M	58.68M	95.40M	138.83M	28.67M
Net Income	102.35M	14.59M	144.50M	183.89M	87.20M
Balance Sheet
Total Assets	505.03M	413.86M	355.20M	351.68M	183.40M
Cash, Cash Equivalents and Short-Term Investments	220.64M	143.04M	113.93M	122.25M	13.89M
Total Debt	6.15M	8.36M	3.34M	3.56M	40.00M
Total Liabilities	77.26M	58.70M	35.55M	42.00M	86.28M
Stockholders Equity	427.77M	334.23M	319.65M	309.68M	138.65M
Cash Flow
Free Cash Flow	102.63M	29.93M	-7.28M	113.22M	-18.26M
Operating Cash Flow	143.57M	64.86M	11.56M	150.00M	4.40M
Investing Cash Flow	-55.45M	-32.65M	-18.84M	-23.83M	12.69M
Financing Cash Flow	-10.51M	-3.10M	-1.04M	-17.39M	-17.71M

Metals X Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.84
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MLX, the sentiment is Positive. The current price of 0.84 is below the 20-day moving average (MA) of 0.84, above the 50-day MA of 0.78, and above the 200-day MA of 0.62, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.76 is Neutral, neither overbought nor oversold. The STOCH value of 45.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MLX.

Metals X Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MLX	80 Outperform	$713.55M	5.23	33.38%	―	45.73%	716.15%
AMI	64 Neutral	$380.83M	8.13	14.01%	―	10.84%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
CHN	49 Neutral	€731.52M	-30.23	-16.67%	―	―	38.72%
LOT	48 Neutral	AU$516.02M	-28.79	-7.50%	―	―	51.47%
MAU	44 Neutral	AU$360.22M	-23.83	-179.67%	―	-100.00%	-6.00%
SVM	42 Neutral	AU$391.40M	-9.14	-90.12%	―	―	-98.20%

Metals X Limited Corporate Events

Metals X Limited Releases New Presentation with Cautionary Insights

Metals X Limited has released a presentation prepared and authorized by its Board, which should be read alongside their previous annual and half-year reports. The presentation contains general information, including forecasts and forward-looking statements, but does not offer a complete evaluation for investment decisions. The company emphasizes that past performance is not indicative of future results, and future performance is subject to various risks and uncertainties.

The most recent analyst rating on (AU:MLX) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.

Metals X Limited Releases Half-Year Financial Report

Metals X Limited has released its consolidated financial report for the half-year ended 30 June 2025. The report includes comprehensive financial statements and declarations, providing insights into the company’s financial health and operational performance during this period. This release is significant as it offers stakeholders a detailed view of the company’s financial standing, which could influence investment decisions and market perceptions.

The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.

Metals X Limited Updates Renison Tin Operation Mineral Resources

Metals X Limited has updated its Mineral Resources for the Renison Tin Operation, revealing an increase in ore and metal tonnes but a decrease in tin grade. The Renison Mineral Resource now totals 20.8 million tonnes at 1.40% tin, with a notable addition from the Ringrose area contributing 11.8Kt of tin. The company continues to focus on resource definition and grade control drilling to support its Life-of-Mine plan, with further updates expected in Q3 2025. This update signifies ongoing efforts to enhance resource modeling and potential growth, despite challenges in accessing certain drilling platforms.

The most recent analyst rating on (AU:MLX) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.