METALS X LIMITED (MLX)
AI Coverage Rating: Moderate
ASX AI Signals has generated 1 signal(s) for MLX during the last 90 days,
indicating Moderate trading activity
Latest MLX Signals |
| 08/05/2026 | BUY |
MLX Share Price |
| Current Price | $1.330 |
| 52 Week High | $1.765 |
| 52 Week Low: | $0.545 |
| Trading at (% of 52 Week High) | 75.35% |
Volume
1916424
20 Day Avg
3380933
Relative Volume
56.7%
Business Overview
Metals X Limited (ASX: MLX) is an Australian company engaged in the exploration, development, and production of base metals and minerals, including tin, copper, and zinc. The company operates several mining projects across Australia, focusing on sustainable resource extraction and processing.
ASX Sector Overview
Sector: Materials
The Materials sector on the ASX consists of companies involved in the extraction, processing, and production of raw materials. This includes mining firms that produce metals like iron ore, gold, and copper, as well as companies that manufacture chemicals, construction materials, and industrial minerals. The sector plays a crucial role in supplying essential resources for various industries such as construction, manufacturing, and technology. It is often influenced by global commodity prices and demand from key markets like China.
Latest AI Recommendation
The BUY signal for METALS X LIMITED (MLX) is supported by positive momentum in the metals sector and stable commodity prices. However, volatility in global metal demand and potential regulatory changes introduce moderate risk.
Latest METALS X LIMITED(MLX) News
20 May 2025, 12:00 AM
Australian tin explorer Elementos has entered a binding agreement with Metals X to raise A$5m ($3.2m) through a strategic private placement.
Metals X will subscribe to nearly 58.96 million fully paid ordinary shares in Elementos at $0.0848 per share.
The capital raised will support the financing a
08 Jul 2023, 06:00 AM
Metals X's (ASX:MLX) stock is up by a considerable 15% over the past month. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. In this article, we decided to focus on Metals X's ROE.
Return on equity
12 Jun 2023, 08:01 AM
Key Insights
The considerable ownership by individual investors in Metals X indicates that they collectively have a greater say in management and business strategy A total of 7 investors have a majority stake in the company with 53% ownership Institutions own 18% of Metals X
If you want to know wh
30 Mar 2023, 07:01 AM
It hasn't been the best quarter for Metals X Limited (ASX:MLX) shareholders, since the share price has fallen 13% in that time. But that doesn't displace its brilliant performance over three years. The longer term view reveals that the share price is up 334% in that period. As long term investors th
02 Jan 2023, 04:43 PM
A look at the shareholders of Metals X Limited (ASX:MLX) can tell us which group is most powerful. With 30% stake, individual investors possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Individual i
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