Metals X Ltd. engages in the production of tin in Australia. The company is headquartered in Perth, Western Australia. The company went IPO on 2004-08-26. The Company’s principal activities include investment in a joint venture company operating a tin mine in Australia and investments in companies undertaking exploration and development of gold and base metals projects in Australia. The firm owns a 50% equity interest in the Renison Tin Operation through its 50% stake in the Bluestone Mines Tasmania Joint Venture and comprises the Renison Tin Mine located 15 kilometers north-east of Zeehan on Tasmania’s west coast and the Mount Bischoff Project. The tailings dams have a Probable Ore Reserve containing approximately 99,000 tons of tin and 51,000 tons of copper. The company also holds rights in 45 square kilometers of prospective tenure surrounding Renison. Its base metals portfolio is leveraged both to global GDP growth and to the burgeoning technological advancement in batteries, in particular their application in the electric vehicle market.
Follow-Up Questions
What is the price performance of MLXEF stock?
The current price of MLXEF is $0.5625, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Metals X Ltd?
Metals X Ltd belongs to Metals & Mining industry and the sector is Materials
What is Metals X Ltd market cap?
Metals X Ltd's current market cap is $498.5M
Is Metals X Ltd a buy, sell, or hold?
According to wall street analysts, 5 analysts have made analyst ratings for Metals X Ltd, including 2 strong buy, 2 buy, 2 hold, 0 sell, and 2 strong sell
