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Company price
1.52 AUD -0.14 ( 8.16%)
Last update at 2026-11-06T06:11:00Z
VOLUME
2976802
Market Cap
1466.98M
P/E
9.19

Momentum Score

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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 offers tin-in-concentrate, as well as 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.

Source: TradingView
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Day Price Range
1.47
Low
1.55
High
52 Week Price Range
0.77
Low
2.18
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Metals X Ltd is an Australian diversified mining and exploration company operating assets and development projects focused on base and specialty metals. Long-term growth may be driven by demand for industrial and electrification metals, successful exploration-led reserve replacement and operational improvement, which could appeal to investors seeking commodity exposure.

Principal risks include commodity price volatility, operational and permitting execution, financing needs and exploration outcomes that may not convert to economic reserves.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1.66
Dividend Yield
-
Revenue TTM
342.19M
Revenue Per Share
0.39
Gross Profit TTM
186.36M
Debt / Equity
0.01
ROE
27.85%
Net Debt
-290.32M
ROCE
21.44%
Diluted EPS TTM
0.18

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax 138.28M 120.23M 26.82M 27.90M 133.81M
Net income 104.61M 102.35M 14.59M 19.93M 183.89M
Selling general administrative 1.94M 2.74M 3.80M 3.13M 2.14M
Gross profit 125.76M 95.26M 48.63M 32.56M 135.27M
Reconciled depreciation 10.42M 9.00M 5.77M - 4.75M
Ebit 121.55M 92.27M 44.69M 29.23M 134.09M
Ebitda 147.96M 115.32M 58.68M 40.61M 138.83M
Depreciation and amortization 26.41M 23.06M 13.99M 11.39M 4.75M
Operating income 121.55M 92.52M 44.82M 29.23M 127.16M
Other operating expenses 163.45M 126.30M 108.96M 93.51M 101.72M
Interest expense 0.45M 0.57M 0.88M - 0.61M
Tax provision 33.67M 17.88M 12.23M - -42.52M
Interest income 13.23M 9.84M 7.09M - 1.50M
Net interest income 12.26M 9.27M 6.21M - 0.89M
Extraordinary items - - - - 7.56M
Income tax expense 33.67M 17.88M 12.23M 7.97M -42.52M
Total revenue 285.00M 218.82M 153.78M 133.36M 228.97M
Total operating expenses 4.21M 2.74M 3.80M 7.29M 8.02M
Cost of revenue 159.24M 123.56M 105.16M 100.80M 93.70M
Total other income expense net 16.73M 27.71M -18.00M -1.33M 5.66M
Discontinued operations - - - - 7.56M
Net income from continuing ops 104.61M 102.35M 14.59M - 176.34M
Net income applicable to common shares - 102.35M 14.59M 19.93M 183.89M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 618.51M 505.03M 392.94M 355.20M 351.68M
Other current assets 3.89M 4.77M 1.08M 10.84M 0.36M
Total liab 85.98M 77.26M 58.70M 19.56M 42.00M
Total stockholder equity 532.53M 427.77M 334.23M 291.83M 309.68M
Other current liab 44.75M 29.82M - 11.71M 10.68M
Common stock 311.26M 311.26M - 319.57M 319.57M
Capital stock 311.26M 311.26M 319.57M - 319.57M
Retained earnings 221.62M 89.20M -13.15M -27.74M -37.70M
Other liab - - - 14.58M 15.71M
Other assets - - - 71.34M 74.65M
Cash 293.61M 220.64M 143.04M 113.93M 122.25M
Cash and equivalents - - - - 0.14M
Total current liabilities 51.68M 43.86M 26.84M 19.56M 24.68M
Current deferred revenue - - - - 8.49M
Net debt -290.32M -214.49M - -113.93M -118.69M
Short term debt 4.82M 3.65M - - 1.95M
Short long term debt 0.88M 0.63M 1.26M - -
Short long term debt total 3.29M 6.15M - - 3.56M
Other stockholder equity - - - -291.83M 27.82M
Property plant equipment - - - 114.42M 101.21M
Total current assets 363.46M 271.65M 193.63M 166.29M 172.68M
Long term investments 21.80M 14.04M 2.37M - 3.14M
Net tangible assets - - - 319.65M 309.68M
Net receivables 38.63M 8.67M 12.37M 17.41M 11.66M
Inventory 29.49M 37.57M 28.59M 22.95M 23.58M
Accounts payable 4.08M 10.39M 8.89M 7.85M 3.58M
Accumulated other comprehensive income -0.35M 27.32M - - 27.82M
Non currrent assets other 5.28M 39.13M 12.92M -117.56M 28.67M
Non current assets total 255.05M 233.38M 199.31M 117.56M 179.00M
Capital lease obligations 2.41M 5.52M 7.09M - 3.56M
Long term debt total - - - - 1.61M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments -9.41M -55.45M -32.65M - 1.90M
Change to liabilities - - - -12.60M -44.69M
Total cashflows from investing activities -52.49M -55.45M -32.65M -37.68M -23.83M
Net borrowings - - - -2.08M -17.39M
Total cash from financing activities -2.87M -10.51M -3.10M -2.08M -17.39M
Change to operating activities - - - 1.68M 0.12M
Net income 104.61M 102.35M 14.59M 19.93M 183.89M
Change in cash 72.96M 77.60M 29.11M 108.78M 108.78M
Begin period cash flow 220.64M 143.04M 113.93M 13.47M 13.47M
End period cash flow 293.61M 220.64M 143.04M 122.25M 122.25M
Total cash from operating activities 128.32M 143.57M 64.86M 23.12M 183.89M
Depreciation 26.41M - 16.12M 11.39M 4.75M
Other cashflows from investing activities -2.86M -2.47M 2.28M - 12.95M
Change to inventory 7.85M - -5.97M 1.17M -3.04M
Change to account receivables -25.32M - 0.20M -10.50M 13.37M
Sale purchase of stock - -8.31M - - -
Other cashflows from financing activities -2.87M -2.20M -32.65M -2.08M -1.86M
Change to netincome - - - 12.05M -12.77M
Capital expenditures 35.96M 40.94M 34.93M 37.68M 36.77M
Change in working capital -32.73M 14.64M -0.53M -9.33M 1.59M
Stock based compensation - - - -0.02M -
Other non cash items 30.03M 143.57M 34.69M -8.20M -4.75M
Free cash flow 92.36M 102.63M 29.93M -14.56M -36.77M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MLX
Metals X Ltd
-0.14
8.16%
1.52 9.19 8.67 4.29 2.09 2.80 4.92
BHP
BHP Group Ltd
-1.38
2.34%
57.62 20.70 15.82 5.10 4.00 3.51 6.71
RIO
Rio Tinto Ltd
-3.11
2.03%
149.93 14.04 12.02 4.03 2.49 2.85 6.74
GLC
Glencore Plc
-0.52
5.20%
9.48 15.15 11.30 0.38 1.95 0.40 7.60
FMG
Fortescue Ltd
-0.31
2.00%
15.18 11.31 13.61 2.81 1.51 1.87 4.32

Profile*

Metals X Ltd

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 offers tin-in-concentrate, as well as 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.

77 South Perth Esplanade, South Perth, WA, Australia, 6151

61 8 9220 5700

Name Title Year Born
Mr. Daniel Karl Broughton Chief Financial Officer 1976
Mr. Brett Robert Smith BE Hon(Chem), Dip Ind Mktg, MBA, BEng (Chem), MA Exec. Director 1961
Ms. Shannon Louise Coates A.C.I.S., B.A., L.L.B., LLB, GIA (cert), BJuris, G Company Sec. NA
Mr. Mark A. Recklies Gen. Mang. of Renison Tin Operations NA
Mr. Brett Robert Smith B.E., BE Hon(Chem), BEng (Chem), Dip Ind Mktg, M.A Executive Director 1961
Ms. Shannon Louise Coates A.C.I.S., ACS, B.A., BJuris, GAICD, GIA (cert), L. Company Secretary NA
Mr. Brett Robert Smith B.E., BE Hon(Chem), BEng (Chem), Dip Ind Mktg, M.A Executive Director 1961
Ms. Shannon Louise Coates A.C.I.S., ACS, B.A., BJuris, GAICD, GIA (cert), L. Company Secretary NA
Mr. Brett Robert Smith B.E., BE Hon(Chem), BEng (Chem), Dip Ind Mktg, M.A Executive Director 1961
Ms. Shannon Louise Coates A.C.I.S., ACS, B.A., BJuris, GAICD, GIA (cert), L. Company Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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