View ValuationMetals X 향후 성장Future 기준 점검 0/6Metals X 의 수익과 수익은 각각 연간 4.6% 및 27.2% 감소할 것으로 예상됩니다. EPS는 연간 27.3% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 10.5% 로 예상됩니다.핵심 정보-27.2%이익 성장률-27.33%EPS 성장률Metals and Mining 이익 성장15.1%매출 성장률-4.6%향후 자기자본이익률10.50%애널리스트 커버리지Low마지막 업데이트01 May 2026최근 향후 성장 업데이트Price Target Changed • Jan 30Price target increased by 28% to AU$1.48Up from AU$1.15, the current price target is an average from 2 analysts. New target price is 13% above last closing price of AU$1.31. Stock is up 172% over the past year. The company is forecast to post earnings per share of AU$0.13 for next year compared to AU$0.11 last year.Major Estimate Revision • Sep 01Consensus EPS estimates fall by 23%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from AU$251.7m to AU$262.3m. EPS estimate fell from AU$0.125 to AU$0.096 per share. Net income forecast to shrink 54% next year vs 18% growth forecast for Metals and Mining industry in Australia . Consensus price target of AU$0.69 unchanged from last update. Share price rose 6.7% to AU$0.64 over the past week.Price Target Changed • Jan 10Price target decreased by 10% to AU$0.43Down from AU$0.48, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of AU$0.43. Stock is up 56% over the past year. The company posted earnings per share of AU$0.016 last year.Price Target Changed • Apr 12Price target increased by 34% to AU$0.39Up from AU$0.29, the current price target is provided by 1 analyst. New target price is 18% below last closing price of AU$0.47. Stock is up 61% over the past year. The company posted earnings per share of AU$0.016 last year.Price Target Changed • Jan 13Price target increased to AU$0.42Up from AU$0.34, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of AU$0.42. The company posted earnings per share of AU$0.19 last year.Price Target Changed • Apr 27Price target increased to AU$0.72Up from AU$0.50, the current price target is provided by 1 analyst. New target price is 5.9% above last closing price of AU$0.68. The company posted earnings per share of AU$0.025 last year.모든 업데이트 보기Recent updatesNew Risk • Apr 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 25% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (AU$1.1m sold).공지 • Mar 19Metals X Limited, Annual General Meeting, May 19, 2026Metals X Limited, Annual General Meeting, May 19, 2026.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to AU$1.29, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 1x in the Metals and Mining industry in Australia. Total returns to shareholders of 367% over the past three years.Recent Insider Transactions • Mar 05Independent Non-Executive Director recently sold AU$1.1m worth of stockOn the 2nd of March, Patrick O'Connor sold around 750k shares on-market at roughly AU$1.51 per share. This transaction amounted to 75% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Feb 28Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: AU$0.12 (up from AU$0.11 in FY 2024). Revenue: AU$285.0m (up 30% from FY 2024). Net income: AU$104.6m (up 2.2% from FY 2024). Profit margin: 37% (down from 47% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 9.2%. Revenue is expected to decline by 4.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 7.1%. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jan 30Price target increased by 28% to AU$1.48Up from AU$1.15, the current price target is an average from 2 analysts. New target price is 13% above last closing price of AU$1.31. Stock is up 172% over the past year. The company is forecast to post earnings per share of AU$0.13 for next year compared to AU$0.11 last year.Major Estimate Revision • Sep 01Consensus EPS estimates fall by 23%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from AU$251.7m to AU$262.3m. EPS estimate fell from AU$0.125 to AU$0.096 per share. Net income forecast to shrink 54% next year vs 18% growth forecast for Metals and Mining industry in Australia . Consensus price target of AU$0.69 unchanged from last update. Share price rose 6.7% to AU$0.64 over the past week.Reported Earnings • Aug 27First half 2025 earnings released: EPS: AU$0.058 (vs AU$0.016 in 1H 2024)First half 2025 results: EPS: AU$0.058 (up from AU$0.016 in 1H 2024). Revenue: AU$147.5m (up 55% from 1H 2024). Net income: AU$52.9m (up 256% from 1H 2024). Profit margin: 36% (up from 16% in 1H 2024). Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 5.4%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.New Risk • Jul 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 26% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 26% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.분석 기사 • Apr 16Revenues Working Against Metals X Limited's (ASX:MLX) Share Price Following 27% DiveMetals X Limited ( ASX:MLX ) shares have retraced a considerable 27% in the last month, reversing a fair amount of...Reported Earnings • Mar 01Full year 2024 earnings released: EPS: AU$0.11 (vs AU$0.016 in FY 2023)Full year 2024 results: EPS: AU$0.11 (up from AU$0.016 in FY 2023). Revenue: AU$218.8m (up 42% from FY 2023). Net income: AU$102.3m (up AU$87.8m from FY 2023). Profit margin: 47% (up from 9.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Feb 28Now 20% undervaluedOver the last 90 days, the stock has risen 26% to AU$0.51. The fair value is estimated to be AU$0.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has declined by 26%.분석 기사 • Feb 18Metals X Limited's (ASX:MLX) 26% Share Price Surge Not Quite Adding UpMetals X Limited ( ASX:MLX ) shares have continued their recent momentum with a 26% gain in the last month alone. The...Price Target Changed • Jan 10Price target decreased by 10% to AU$0.43Down from AU$0.48, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of AU$0.43. Stock is up 56% over the past year. The company posted earnings per share of AU$0.016 last year.공지 • Nov 29Metals X Limited Announces Executive ChangesMetals X Limited announced that Ms. Shannon Coates retires from the role of company secretary with effect from 29 November 2024. Ms. Natalie Teo has been appointed as the company secretary with effect from 29 November 2024. For the purposes of ASX Listing Rule 12.6, Ms. Teo will be the person responsible for communications between the company and ASX.공지 • Oct 24Metals X Limited (ASX:MLX) proposed to acquire Greentech Technology International Limited (SEHK:195).Metals X Limited (ASX:MLX) proposed to acquire Greentech Technology International Limited (SEHK:195) on October 24, 2024. A cash consideration valued at HKD 0.28 per share will be paid by Metals X Limited.Reported Earnings • Aug 26First half 2024 earnings released: EPS: AU$0.016 (vs AU$0.013 in 1H 2023)First half 2024 results: EPS: AU$0.016 (up from AU$0.013 in 1H 2023). Revenue: AU$95.0m (up 52% from 1H 2023). Net income: AU$14.9m (up 23% from 1H 2023). Profit margin: 16% (down from 19% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.공지 • Apr 26Greentech Technology International Limited Announces Ringrose Exploration Update, Owned 50% by YT Parksong Australia Holding Pty Limited and 50% by Metals X LimitedThe board of directors of the Greentech Technology International Limited provided an update on the ongoing near mine exploration at the Renison Tin Operations, in which the Company through YT Parksong Australia Holding Pty Limited, has a 50% equity interest. Renison is managed by Bluestone Mines Tasmania Joint Venture Pty Ltd. Metals X Limited owns another 50% equity interest in Renison though its 50% stake in BMTJV. This update is based on the information provided by Metals X. During 2019, seven surface drill holes were surveyed in a program using a single axis DHEM probe. This program identified 24 conductor plates, 13 of which were off-hole conductors. An initial program of three diamond drill holes for 2,104m was completed to test the ranked conductors and assessed the potential for DHEM to detect tin bearing sulphide mineralisation. This program was completed during 2022. A subsequent phase 2 diamond drilling program comprising seven drill holes for 6,246m commenced in August 2022 to test other 2019 DHEM conductors. Drill hole S1671, collared approximately 750m south of existing mine development, was the second of these Phase 2 drillholes and intersected 26.93m (down hole width) @ 4.57% Sn from 225.07m. Following this high-grade intersection, ten additional follow-up drill holes for 5,600m have been completed at Ringrose to date. Several of these drill holes completed were surveyed with downhole electromagnetic (EM) in November 2023, identifying several new conductive zones. Assay results from six of these holes, and preliminary results from the EM survey were previously reported in the announcements of the Company (on 5 July 2023 and 27 February 2024). Additional significant Sn assay results now received from the ongoing follow-up drilling include: S1683: 2.9m @ 0.9% Sn from 143.3m; 5.6m @ 1.2% Sn from 158.6m; and 6.85m @ 0.69%Sn from 181m; S1684: 9.9m @ 0.53% Sn from 244m; S1685: 3.8m @ 3.38% Sn from 13.2m, 2m @ 0.80% Sn from 27m; 2.1m @ 1.01% Sn from 48.9m; 9m @ 0.60% Sn from 56m; 7.7m @ 0.41% Sn from 145.2m; S1687: 7.2m @ 2.52% Sn from 249.4m; S1688: 6.45m @ 0.51% Sn from 201m; 12.05m @ 1.01% Sn from 213.15m; S1696: 8.4m @ 0.87% Sn from 42.5m (NB drilling is ongoing). High-grade tin mineralisation currently extends over approximately 300m strike length, 250m depth extent and is open in all directions, with extensional drilling continuing. Reported mineralisation is broadly coincident with the modelled DHEM conductors, however conductor orientations currently vary between drill hole intersections. Drill core orientations also indicate that the mineralised zone is structurally complex and interpretation is evolving with the aid of newly acquired DHEM and FLEM survey data, as well as further drilling. Current interpretation indicates an east-west striking mineralised zone with north/north-west- trending high-grade shoots. Drill hole S1696 was collared 100m north of Ringrose and is currently still in progress. The reported intersection for the first part of this drill hole indicates mineralisation at Ringrose extends further to the north and visible mineralisation in this hole currently also extends down hole. Drillcore for the remainder of drill hole S1696 will be sampled and assayed on completion and remaining assays for S1688 are pending. Results for these drill holes are expected in June 2024. Infill and extensional drilling at Ringrose are ongoing with currently planned programs expected to be completed by the third quarter of 2024. Additional results will be announced on completion of these programs. FUTURE PLANNING: Drilling - Ringrose: Two surface diamond drill rigs are currently drilling exploration targets at Renison. A closer- spaced infill program of ten surface diamond drill holes for a total of 2,800m is in progress at Ringrose and expected to be completed by the third quarter of 2024. Drill holes are designed to further test the extent and grade of mineralisation at Ringrose, with three holes extended past the mineralisation target to test recently modelled conductors. Collar locations and hole traces for this ongoing program are shown in Figure 4. In addition to the standard Renison core logging, processing and multi-element exploration assay suite, selected ore grade intersections will also be submitted for mineralogical analysis and preliminary metallurgical test work including modal mineral analysis (MLA) and bond work index testing. A second drill program drilling north and south along strike of the Ringrose mineralised zone is also progressing and these drill holes were designed to test the modelled strike extent of the mineralised zone with additional support from EM conductor models from the recent EM surveys at Ringrose. A total of five surface diamond holes for 2,100m is currently in progress for this program which is also expected to be completed by the third quarter of 2024. On completion of modelling and interpretation of the EM survey data, further drill targets are expected to be generated and drill tested in the second half of 2024 with a continued focus on the Ringrose target area.분석 기사 • Apr 19There's No Escaping Metals X Limited's (ASX:MLX) Muted Revenues Despite A 34% Share Price RiseDespite an already strong run, Metals X Limited ( ASX:MLX ) shares have been powering on, with a gain of 34% in the...Price Target Changed • Apr 12Price target increased by 34% to AU$0.39Up from AU$0.29, the current price target is provided by 1 analyst. New target price is 18% below last closing price of AU$0.47. Stock is up 61% over the past year. The company posted earnings per share of AU$0.016 last year.공지 • Mar 20Metals X Limited, Annual General Meeting, May 20, 2024Metals X Limited, Annual General Meeting, May 20, 2024, at 10:00 W. Australia Standard Time. Location: Quest South Perth, 22 Harper Terrace, South Perth WA 6151 South Perth Western Australia AustraliaReported Earnings • Mar 01Full year 2023 earnings released: EPS: AU$0.016 (vs AU$0.022 in FY 2022)Full year 2023 results: EPS: AU$0.016 (down from AU$0.022 in FY 2022). Revenue: AU$153.8m (up 15% from FY 2022). Net income: AU$14.6m (down 27% from FY 2022). Profit margin: 9.5% (down from 15% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Reported Earnings • Aug 30First half 2023 earnings released: EPS: AU$0.013 (vs AU$0.14 in 1H 2022)First half 2023 results: EPS: AU$0.013 (down from AU$0.14 in 1H 2022). Revenue: AU$62.5m (down 48% from 1H 2022). Net income: AU$12.1m (down 91% from 1H 2022). Profit margin: 19% (down from 105% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Peter Gunzburg was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 03Full year 2022 earnings released: EPS: AU$0.022 (vs AU$0.064 in FY 2021)Full year 2022 results: EPS: AU$0.022 (down from AU$0.064 in FY 2021). Revenue: AU$133.4m (down 12% from FY 2021). Net income: AU$19.9m (down 67% from FY 2021). Profit margin: 15% (down from 40% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jan 13Price target increased to AU$0.42Up from AU$0.34, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of AU$0.42. The company posted earnings per share of AU$0.19 last year.분석 기사 • Oct 06If EPS Growth Is Important To You, Metals X (ASX:MLX) Presents An OpportunityIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...공지 • Oct 01Metals X Limited Announces the Resignation of James Doyle as Joint Company SecretaryMetals X Limited advised Mr. James Doyle has resigned as joint company secretary, effective 30 September 2022. Ms. Shannon Coates remains as company secretary.공지 • Sep 26+ 1 more updateMetals X Limited Announces Significant Exploration Drilling IntersectionMetals X Limited provided an update on the ongoing near mine exploration drilling program at the Renison Tin Operations (Renison), in which it holds a 50% equity interest. Renison is managed by Bluestone Mines Tasmania Joint Venture Pty Ltd. (the Manager) on behalf of the joint venture owners. Recent surface exploration drilling has intersected a significantly mineralised zone during a program following up on down hole electromagnetic (DHEM) conductors defined in a 2019 survey of historical holes, north and south of the known mineralisation at the Renison Mine. This mineralised intersection has returned an overall drill intersection from hole S1671 of 26.93m @ 4.57% Sn from 225.07m (down hole width), including the following high-grade zones: 6.03m @ 2.98% Sn from 233.97m. 4.97m @ 18.22% Sn from 247.03m. The intersection is the best surface exploration result recorded at Renison under the current ownership, with the mineralised zone remaining open at depth and along strike. Follow up drilling has been planned around this intersection and will commence upon completion of the hole. During 2019, seven holes were surveyed in a program using a single axis DHEM probe. This program identified 24 conductor plates from seven target areas, 13 of which were off hole conductors. An initial program of three diamond drill holes was planned and executed to test the ranked conductors and assess the potential for the DHEM method to detect tin bearing structures and host rocks. These three holes intersected structural zones with associated sulphide mineralisation coincident with conductor plates. A follow up program of six holes was planned to test the next set of priority targets. S1671 is the second of these holes. The conductor that was targeted by 1671 has a Renison Mine Grid, north-south trend and a steep easterly dip. Drill hole S1671 was collared within the mine hangingwall lithologies of the Crimson Creek Formation (CCF), a series of volcanic and volcano-sedimentary units. The collar location is to the west of the Federal Fault (which hosts a substantial portion of the remaining tin resource at Renison) and south-west of the current and historic mine workings. Drill hole S1671 intersected a typical sequence of CCF, before intersecting massive sulphide mineralisation at 225.07m, almost perfectly coincident with the lower conductor targeted by the hole. The mineralisation consists of massive to semi massive sulphides in two high grade zones separated by a strongly altered but weakly mineralised sequence of banded sediments. The sulphide mineralogy is dominated by pyrrhotite with accessory arsenopyrite and pyrite. Tin bearing cassiterite is present as fine grains associated with the pyrrhotite. Low magnesium values for the intersection indicate that it is structure infill mineralisation rather than dolomite replacement.Reported Earnings • Sep 02Full year 2022 earnings released: EPS: AU$0.19 (vs AU$0.025 in FY 2021)Full year 2022 results: EPS: AU$0.19 (up from AU$0.025 in FY 2021). Revenue: AU$228.9m (up 144% from FY 2021). Net income: AU$176.3m (up AU$153.4m from FY 2021). Profit margin: 77% (up from 24% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공지 • Jul 30Metals X Limited Appoints James Doyle as Joint Company SecretaryMetals X Limited appointed Mr. James Doyle as joint company secretary. Mr. Doyle is an experienced advisory and governance professional specialising in the provision of company secretarial and corporate advisory services to public and private companies across a range of sectors including resources, industrials and information technology. Ms Shannon Coates remains as joint company secretary.공지 • Jun 14Metals X Limited Announces 2022 Renison Mineral Resource UpdateMetals X Limited provided an update of the Mineral Resources for the Renison Tin Operation (Renison) in Tasmania. Renison is 50%-owned by Metals X through the Bluestone Mines Tasmania Joint Venture (BMTJV). Mineral Resources are reported inclusive of Ore Reserves. Mining production data up to 31 March 2022 and all exploration information has been included. Mineral Resources have been depleted for mining up to 31 March 2022. The tin price assumption used to estimate Mineral Resources is USD 27,500/t Sn at an assumed exchange rate of USD/AUD 0.76 giving a price of AUD 36,000/t Sn. The Mineral Resources have been classified in accordance with the guidelines set out in the Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves, published by the Joint Ore Reserves Committee (JORC), of the Australasian Institute of Mining and Metallurgy, the Australian Institute of Geoscientists and the Minerals Council of Australia, December 2012 (the `JORC Code' or `JORC 2012'). Senior geological and mining engineering staff of the BMTJV oversee reviews and technical evaluations of the estimates and evaluate these with reference to actual physical, cost and performance measures. The evaluation process also draws upon internal skill sets in operational and project management, ore processing and commercial/financial areas of the business. The BMTJV Management Committee of which Metals X has three members is responsible for monitoring the planning, prioritisation and progress of exploratory and resource definition drilling programs across the Company and the estimation and reporting of Mineral Resources. These definition activities are conducted within a framework of quality assurance and quality control protocols covering aspects including drill hole siting, sample collection, sample preparation and analysis as well as sample and data security. A four-level compliance process guides the control and assurance activities by the BMTJV: Provision of internal policies, standards, procedures and guidelines. Mineral Resource reporting based on well-founded geological and mining assumptions and compliance with external standards such as the JORC Code. Internal review of process conformance and compliance. Internal assessment of compliance and data veracity. The BMTJV Management Committee aims to promote the maximum conversion of identified mineralisation into Mineral Resources compliant with JORC 2012.분석 기사 • May 12Benign Growth For Metals X Limited (ASX:MLX) Underpins Stock's 31% PlummetMetals X Limited ( ASX:MLX ) shares have had a horrible month, losing 31% after a relatively good period beforehand. Of...Price Target Changed • Apr 27Price target increased to AU$0.72Up from AU$0.50, the current price target is provided by 1 analyst. New target price is 5.9% above last closing price of AU$0.68. The company posted earnings per share of AU$0.025 last year.Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Patrick O’Connor is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 24First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: AU$0.054 (up from AU$0.015 in 1H 2021). Revenue: AU$107.7m (up 112% from 1H 2021). Net income: AU$49.4m (up 288% from 1H 2021). Profit margin: 46% (up from 25% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공지 • Feb 16Metals X Limited Announces Latest Significant Intersections At Renison MineMetals X Limited provided an update on the ongoing resource definition drilling program at Renison Tin Operations (Renison), in which it holds a 50% equity interest. Renison is managed by Bluestone Mines Tasmania Joint Venture Pty Ltd. (the Manager) on behalf of the joint venture owners. HIGHLIGHTS (100% Basis): Recent drilling programs at the Renison Mine have added an additional 14 significant tin intersections across the mine since the 15 July 2021 ASX release. These new intersections form part of ongoing drilling programs targeting resource extensions to the north, south and at depth of current reported resources; South Basset/Lower Federal surface drilling program has delivered 2 more ore intersections from hole S1665D in both the Federal Fault and a deeper footwall fault associated with the Federal Fault. S1665D is a daughter hole off S1665 which also returned favorable results in early 2021; The most northerly significant tin intersection ever drilled at Renison, was intersected in hole U8505 in what is interpreted to be steeply dipping mineralisation related to footwall structures (within the hypothesized Regnans Trend). This hole was drilled from the Huon North 1450 hangingwall drill drive and returned 3.2m @1.91% tin approximately 300m to the north of current mining operations. This intersection was one of several positive results in the northern target area, that also included 8.1m @ 0.86% tin in U8313 and 5.7m @ 1.93% tin in U8325; Deep intersections in the Leatherwood area below current mining levels continue to impress with results such as 6.1m @ 9.56% tin in U8462 and 4.5m @ 9.81% tin in U8466.Price Target Changed • Oct 15Price target increased to AU$0.38Up from AU$0.23, the current price target is provided by 1 analyst. New target price is 6.2% below last closing price of AU$0.41. Stock is up 406% over the past year.분석 기사 • Oct 14Metals X (ASX:MLX) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Oct 04Full year 2021 earnings released: EPS AU$0.025 (vs AU$0.015 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$93.8m (up 28% from FY 2020). Net income: AU$22.9m (up AU$35.3m from FY 2020). Profit margin: 24% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.분석 기사 • Sep 07We Don’t Think Metals X's (ASX:MLX) Earnings Should Make Shareholders Too ComfortableThe healthy profit announcement from Metals X Limited ( ASX:MLX ) didn't seem to impress investors. We did some digging...Reported Earnings • Sep 01Full year 2021 earnings released: EPS AU$0.074 (vs AU$0.095 loss in FY 2020)Full year 2021 results: Revenue: AU$187.7m (up 31% from FY 2020). Net income: AU$200.1m (up AU$280.4m from FY 2020). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.공지 • Aug 08An unknown buyer acquired Copper and Nickel assets of Metals X Limited from Metals X Limited (ASX:MLX).An unknown buyer acquired Copper and Nickel assets of Metals X Limited from Metals X Limited (ASX:MLX) on August 6, 2021. An unknown buyer completed the acquisition of Copper and Nickel assets of Metals X Limited from Metals X Limited (ASX:MLX).공지 • Jul 15Metals X Limited Provides Update on Ongoing Resource Definition Drilling Program At Renison Tin OperationsMetals X Limited provided an update on the ongoing resource definition drilling program at Renison Tin Operations (Renison), in which it holds a 50% equity interest. Renison is managed by Bluestone Mines Tasmania Joint Venture Pty Ltd. (the Manager) on behalf of the joint venture owners. Hastings is a newly defined area that is in a major footwall fault zone between the high-grade Area 5 and Leatherwood areas with the discovery intersection at the 1066 RL. The Hastings area currently has an extent of approximately 375m horizontally and 145m vertically. The Hastings area interpretation is now based on 16 diamond drill holes; 13 of which contain significant tin intersections with the mineralised zone open to the north and at depth. Since the initial discovery hole in February 2021, ongoing follow-up drill testing of the Hastings area has now reported multiple high grade tin intersections of very significant widths, below are the most significant: Hastings recently contributed 6.1kt tin in the 2021 Renison Bell Mineral Resource of 18.2 Mt at 1.65% Sn for 302kt of contained tin, comprising 55% in the Indicated Resource category and 45% in the Inferred Resource category. The Hastings mineralisation is proximal to existing Area 5 and Leatherwood's infrastructure and, as mining progresses, will be readily supported by planned infrastructure. Further follow-up infill drilling is planned to commence towards the end of current year 2021.공지 • Jun 08Metals X Limited Provides Renison Mineral Resource UpdateMetals X Limited provided an update of the Mineral Resources for the Renison Tin Operation (Renison) in Tasmania. New Mineral Resource estimations completed for Renison using data to 31 March 2021. The continuing commitment to Mineral Resource development drilling has once again delivered strong results with defined tin in Measured and Indicated Resources increased by 1,500 Sn tonnes (1%) and average tin grades increased by 2% (0.04% Sn) when compared to 31 March 2020 (after mining depletion). Total Renison Measured, Indicated and Inferred Resource of 18.2 Mt at 1.65% Sn for 301,500 tonnes of contained tin. 7,000 Sn tonnes (3%) increase in Measured and Indicated Resources from 255kt of contained tin to 262kt of contained tin. Resource definition and grade control drilling continues with two underground and one surface rig currently in operation. The on-going exploration program aims to increase the Mineral Resource, net of depletion, each year with a range of exploration targets identified. Senior geological and mining engineering staff of the BMTJV oversee reviews and technical evaluations of the estimates and evaluate these with reference to actual physical, cost and performance measures. The evaluation process also draws upon internal skill sets in operational and project management, ore processing and commercial/financial areas of the business. The BMTJV Management Committee of which Metals X has three members is responsible for monitoring the planning, prioritisation and progress of exploratory and resource definition drilling programs across the Company and the estimation and reporting of Mineral Resources. These definition activities are conducted within a framework of quality assurance and quality control protocols covering aspects including drill hole siting, sample collection, sample preparation and analysis as well as sample and data security. A four-level compliance process guides the control and assurance activities by the BMTJV: Provision of internal policies, standards, procedures and guidelines. Mineral Resource reporting based on well-founded geological and mining assumptions and compliance with external standards such as the JORC Code. Internal review of process conformance and compliance. Internal assessment of compliance and data veracity. The BMTJV Management Committee aims to promote the maximum conversion of identified mineralisation into Mineral Resources compliant with JORC 2012. Renison is the largest of three major skarn, carbonate replacement, pyrrhotite-cassiterite deposits within western Tasmania. Sludge drilling is performed with an underground production or development drill rigs (nominal 64mm-89mm diameter hole). It is an open hole drilling method using water as the flushing medium. Criteria for classification Resources are classified in line with JORC guidelines utilising a combination of various estimation derived parameters, the input data and geological /mining knowledge. This approach considers all relevant factors and reflects the Competent Person's view of the deposit. At Renison, material classified as Measured must have development (with face samples) within 20 m. Indicated Mineral Resource must have sufficient grade and geological continuity with drill hole intersections generally between 40m and 20m apart. Inferred Mineral Resource is material that is defined by drill hole intersections between 120m and 40m apart. Geological continuity may be present, but the grade estimate is lower in confidence. Sample analysis method Samples are dried at 90°C, then crushed to <3mm, samples are then riffle split to obtain a sub sample of approximately 100 g which is then pulverized to 90% passing 75 um. A 2g subsample of the pulp sample is then weighed with 12 g of reagents including a binding agent, the weighed sample is then pulverized again for one minute. The sample is then compressed into a pressed powder tablet for introduction to the XRF. Sn, As and Cu have a detection limit 0.01%, Fe and S detection limits are 0.1%. Each XRF batch of twenty consists of one blank, one internal standard, one duplicate and a replicate. Anomalous assay results are re-assayed to ensure quality control. Estimation methodology All modelling and estimation work undertaken by BMTJV is carried out via LeapfrogTM and Surpac VisionTM software by creating three-dimensional ore body wireframes using sectional techniques. Drill hole intersections within the three-dimensional wireframes are composited and statistical analysis is conducted to determine appropriate search parameters within individual domains. An empty block model is created, and grade estimation is undertaken using ordinary Kriging estimation methods. The resource is then depleted using mining voids and subsequently classified in line with JORC guidelines as above. Cut-off grades The Mineral Resource reporting cut-off grade is 0.7% Sn at Renison Bell. Mining and metallurgical methods and parameters The Renison mine predominantly applies up-hole benching and open stoping mining methods with (in some cases), post fill and cemented rock fill to fill voids. A slurry type of fill is assumed to be used to backfill a portion of the stope voids of the high-grade wide ore zone in Area 5. A mining dilution of 5% to 15% at zero grade is used to estimate the Ore Reserve. Minimum widths for underground development are 4.5 m and for stoping minimum widths are 2.0 m. Historical Mining recoveries of 75% to 98% are applied to estimate the Ore Reserve. No Inferred Mineral Resources are included within the Ore Reserve. The Renison mine produces a tin concentrate of grade varying between 50%-60% Sn with internal process designed to reduce penalty metals such as iron, sulphur, tungsten and copper. The metallurgical process is complex and applies several stages of gravity-type concentration as well as sulphide and oxide flotation, regrinding and acid leach methods. The metallurgical recovery is estimated from plant feed grades and is based on historical plant performance with modifying factors for different ore sources. Metallurgical recoveries on the various ore types and grades were considered as part of the cut-off grade analysis.Price Target Changed • May 20Price target decreased to AU$0.13Down from AU$0.17, the current price target is provided by 1 analyst. New target price is 46% below last closing price of AU$0.24. Stock is up 173% over the past year.분석 기사 • Mar 27Metals X (ASX:MLX) Is Carrying A Fair Bit Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Mar 05First half 2021 earnings released: EPS AU$0.014 (vs AU$0.012 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$50.8m (up 31% from 1H 2020). Net income: AU$12.7m (up AU$22.6m from 1H 2020). Profit margin: 25% (up from net loss in 1H 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.Analyst Estimate Surprise Post Earnings • Mar 02Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the next year, revenue is expected to shrink by 15% compared to a 128% growth forecast for the Metals and Mining industry in Australia.분석 기사 • Feb 28When Will Metals X Limited (ASX:MLX) Turn A Profit?With the business potentially at an important milestone, we thought we'd take a closer look at Metals X Limited's...Is New 90 Day High Low • Feb 19New 90-day high: AU$0.21The company is up 156% from its price of AU$0.084 on 20 November 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 23% over the same period.공지 • Feb 11Cyprium Metals Limited (ASX:CYM) agreed to acquire Paterson Copper Pty Ltd from Metals X Limited (ASX:MLX) for AUD 60 million.Cyprium Metals Limited (ASX:CYM) agreed to acquire Paterson Copper Pty Ltd from Metals X Limited (ASX:MLX) for AUD 60 million on February 10, 2021. Under the terms of consideration, an upfront cash payment of AUD 24 million, inclusive of the AUD 1 million deposit already paid and four convertible notes with a value of AUD 9 million each, for an aggregate value of AUD 36 million. Cyprium has received binding commitments to fund the Transaction through a AUD 90 million placement to professional and sophisticated investors. Completion of the Transaction is subject to shareholder approval which is currently expected to occur on or before March 31, 2021. Completion of the Transaction will occur within five business days of satisfaction of the last of the conditions precedent under the Agreement.분석 기사 • Jan 22Here's What Metals X Limited's (ASX:MLX) Shareholder Ownership Structure Looks LikeEvery investor in Metals X Limited ( ASX:MLX ) should be aware of the most powerful shareholder groups. Large companies...Price Target Changed • Jan 08Price target raised to AU$0.19Up from AU$0.17, the current price target is an average from 2 analysts. The new target price is 36% above the current share price of AU$0.14. As of last close, the stock is up 79% over the past year.분석 기사 • Dec 15Metals X's (ASX:MLX) Shareholders Are Down 90% On Their SharesIt is a pleasure to report that the Metals X Limited ( ASX:MLX ) is up 33% in the last quarter. But will that repair...공지 • Dec 01+ 1 more updateMetals X Limited Announces Company Secretary ChangesMetals X Limited announced the appointment of Ms. Shannon Coates as the company secretary of the company, with effect from 1 December 2020. Ms. Coates is a qualified lawyer, Chartered Secretary and graduate of the AICD's Company Directors course. She is currently Company Secretary to a number of ASX listed companies. The Company further announced that Ms. Fiona Van Maanen has resigned from the position of company secretary, with effect from 1 December 2020.공지 • Nov 23Metals X Limited Announces the Signing of A Body Corporate Indigenous Land Use AgreementMetals X Limited announced the signing of a Body Corporate Indigenous Land Use Agreement (ILUA) over 10,090 km2 of Martu country in the eastern Pilbara region of Western Australia. The ILUA area covers all of Metals X's Nifty and Maroochydore tenure held in the highly prospective Paterson Province including the Nifty Copper Mine, the Maroochydore Copper Project and the Paterson Exploration Project and includes a protocol for heritage protection and management, provisions for cultural awareness, training and employment as well as a package of benefits.Major Estimate Revision • Oct 22Analysts update estimatesThe 2021 consensus revenue estimate increased from AU$96.3m to AU$101.0m. The company is forecast to report a loss instead of a profit with analysts lowering their EPS forecasts from AU$0.0023 to -AU$0.0065 for the same period. The Metals and Mining industry in Australia is expected to see an average net income growth of 54% next year. The consensus price target increased from AU$0.17 to AU$0.17. Share price is up 3.8% to AU$0.082 over the past week.공지 • Sep 18Metals X Limited Auditor Raises 'Going Concern' DoubtMetals X Limited filed its Annual on Sep 15, 2020 for the period ending Jun 30, 2020. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.이익 및 매출 성장 예측ASX:MLX - 애널리스트 향후 추정치 및 과거 재무 데이터 (AUD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202828446N/A119212/31/20273067091126212/31/2026368148145197212/31/202528510591128N/A9/30/202527812398137N/A6/30/2025271140106145N/A3/31/2025245121104144N/A12/31/2024219102103144N/A9/30/20242036083121N/A6/30/2024186176398N/A3/31/2024170164781N/A12/31/2023154153065N/A6/30/202312922141N/A3/31/2023159793272N/A12/31/202218813764103N/A6/30/2022229176113150N/A12/31/2021151603060N/A9/30/202112241632N/A6/30/20219423-184N/A3/31/2021160-43-20-1N/A12/31/20208510-26-12N/A9/30/202079-1-40-17N/A6/30/202073-12-54-21N/A3/31/2020112-60-55-9N/A12/31/2019151-91-564N/A9/30/2019178-104N/A-6N/A6/30/2019205-117N/A-15N/A3/31/2019213-80N/A-10N/A12/31/2018220-44N/A-4N/A9/30/2018215-35N/A12N/A6/30/2018210-26N/A27N/A12/31/2017192-30N/A32N/A9/30/2017215-67N/A30N/A6/30/2017238-104N/A27N/A12/31/2016164-92N/A51N/A9/30/2016118-44N/A57N/A6/30/2016723N/A62N/A3/31/20162223N/A60N/A12/31/201520227N/A58N/A9/30/201525934N/A70N/A6/30/201531541N/A83N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: MLX 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -27.2%).수익 vs 시장: MLX 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -27.2%).고성장 수익: MLX 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: MLX 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -4.6%).고성장 매출: MLX 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -4.6%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: MLX의 자본 수익률은 3년 후 10.5%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 18:17종가2026/05/07 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Metals X Limited는 6명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Timothy HoffCanaccord GenuityHayden BairstowMacquarie ResearchPaul KanerOrd Minnett Limited3명의 분석가 더 보기
Price Target Changed • Jan 30Price target increased by 28% to AU$1.48Up from AU$1.15, the current price target is an average from 2 analysts. New target price is 13% above last closing price of AU$1.31. Stock is up 172% over the past year. The company is forecast to post earnings per share of AU$0.13 for next year compared to AU$0.11 last year.
Major Estimate Revision • Sep 01Consensus EPS estimates fall by 23%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from AU$251.7m to AU$262.3m. EPS estimate fell from AU$0.125 to AU$0.096 per share. Net income forecast to shrink 54% next year vs 18% growth forecast for Metals and Mining industry in Australia . Consensus price target of AU$0.69 unchanged from last update. Share price rose 6.7% to AU$0.64 over the past week.
Price Target Changed • Jan 10Price target decreased by 10% to AU$0.43Down from AU$0.48, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of AU$0.43. Stock is up 56% over the past year. The company posted earnings per share of AU$0.016 last year.
Price Target Changed • Apr 12Price target increased by 34% to AU$0.39Up from AU$0.29, the current price target is provided by 1 analyst. New target price is 18% below last closing price of AU$0.47. Stock is up 61% over the past year. The company posted earnings per share of AU$0.016 last year.
Price Target Changed • Jan 13Price target increased to AU$0.42Up from AU$0.34, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of AU$0.42. The company posted earnings per share of AU$0.19 last year.
Price Target Changed • Apr 27Price target increased to AU$0.72Up from AU$0.50, the current price target is provided by 1 analyst. New target price is 5.9% above last closing price of AU$0.68. The company posted earnings per share of AU$0.025 last year.
New Risk • Apr 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 25% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (AU$1.1m sold).
공지 • Mar 19Metals X Limited, Annual General Meeting, May 19, 2026Metals X Limited, Annual General Meeting, May 19, 2026.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to AU$1.29, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 1x in the Metals and Mining industry in Australia. Total returns to shareholders of 367% over the past three years.
Recent Insider Transactions • Mar 05Independent Non-Executive Director recently sold AU$1.1m worth of stockOn the 2nd of March, Patrick O'Connor sold around 750k shares on-market at roughly AU$1.51 per share. This transaction amounted to 75% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Feb 28Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: AU$0.12 (up from AU$0.11 in FY 2024). Revenue: AU$285.0m (up 30% from FY 2024). Net income: AU$104.6m (up 2.2% from FY 2024). Profit margin: 37% (down from 47% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 9.2%. Revenue is expected to decline by 4.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 7.1%. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jan 30Price target increased by 28% to AU$1.48Up from AU$1.15, the current price target is an average from 2 analysts. New target price is 13% above last closing price of AU$1.31. Stock is up 172% over the past year. The company is forecast to post earnings per share of AU$0.13 for next year compared to AU$0.11 last year.
Major Estimate Revision • Sep 01Consensus EPS estimates fall by 23%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from AU$251.7m to AU$262.3m. EPS estimate fell from AU$0.125 to AU$0.096 per share. Net income forecast to shrink 54% next year vs 18% growth forecast for Metals and Mining industry in Australia . Consensus price target of AU$0.69 unchanged from last update. Share price rose 6.7% to AU$0.64 over the past week.
Reported Earnings • Aug 27First half 2025 earnings released: EPS: AU$0.058 (vs AU$0.016 in 1H 2024)First half 2025 results: EPS: AU$0.058 (up from AU$0.016 in 1H 2024). Revenue: AU$147.5m (up 55% from 1H 2024). Net income: AU$52.9m (up 256% from 1H 2024). Profit margin: 36% (up from 16% in 1H 2024). Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 5.4%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
New Risk • Jul 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 26% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 26% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
분석 기사 • Apr 16Revenues Working Against Metals X Limited's (ASX:MLX) Share Price Following 27% DiveMetals X Limited ( ASX:MLX ) shares have retraced a considerable 27% in the last month, reversing a fair amount of...
Reported Earnings • Mar 01Full year 2024 earnings released: EPS: AU$0.11 (vs AU$0.016 in FY 2023)Full year 2024 results: EPS: AU$0.11 (up from AU$0.016 in FY 2023). Revenue: AU$218.8m (up 42% from FY 2023). Net income: AU$102.3m (up AU$87.8m from FY 2023). Profit margin: 47% (up from 9.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Feb 28Now 20% undervaluedOver the last 90 days, the stock has risen 26% to AU$0.51. The fair value is estimated to be AU$0.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has declined by 26%.
분석 기사 • Feb 18Metals X Limited's (ASX:MLX) 26% Share Price Surge Not Quite Adding UpMetals X Limited ( ASX:MLX ) shares have continued their recent momentum with a 26% gain in the last month alone. The...
Price Target Changed • Jan 10Price target decreased by 10% to AU$0.43Down from AU$0.48, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of AU$0.43. Stock is up 56% over the past year. The company posted earnings per share of AU$0.016 last year.
공지 • Nov 29Metals X Limited Announces Executive ChangesMetals X Limited announced that Ms. Shannon Coates retires from the role of company secretary with effect from 29 November 2024. Ms. Natalie Teo has been appointed as the company secretary with effect from 29 November 2024. For the purposes of ASX Listing Rule 12.6, Ms. Teo will be the person responsible for communications between the company and ASX.
공지 • Oct 24Metals X Limited (ASX:MLX) proposed to acquire Greentech Technology International Limited (SEHK:195).Metals X Limited (ASX:MLX) proposed to acquire Greentech Technology International Limited (SEHK:195) on October 24, 2024. A cash consideration valued at HKD 0.28 per share will be paid by Metals X Limited.
Reported Earnings • Aug 26First half 2024 earnings released: EPS: AU$0.016 (vs AU$0.013 in 1H 2023)First half 2024 results: EPS: AU$0.016 (up from AU$0.013 in 1H 2023). Revenue: AU$95.0m (up 52% from 1H 2023). Net income: AU$14.9m (up 23% from 1H 2023). Profit margin: 16% (down from 19% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
공지 • Apr 26Greentech Technology International Limited Announces Ringrose Exploration Update, Owned 50% by YT Parksong Australia Holding Pty Limited and 50% by Metals X LimitedThe board of directors of the Greentech Technology International Limited provided an update on the ongoing near mine exploration at the Renison Tin Operations, in which the Company through YT Parksong Australia Holding Pty Limited, has a 50% equity interest. Renison is managed by Bluestone Mines Tasmania Joint Venture Pty Ltd. Metals X Limited owns another 50% equity interest in Renison though its 50% stake in BMTJV. This update is based on the information provided by Metals X. During 2019, seven surface drill holes were surveyed in a program using a single axis DHEM probe. This program identified 24 conductor plates, 13 of which were off-hole conductors. An initial program of three diamond drill holes for 2,104m was completed to test the ranked conductors and assessed the potential for DHEM to detect tin bearing sulphide mineralisation. This program was completed during 2022. A subsequent phase 2 diamond drilling program comprising seven drill holes for 6,246m commenced in August 2022 to test other 2019 DHEM conductors. Drill hole S1671, collared approximately 750m south of existing mine development, was the second of these Phase 2 drillholes and intersected 26.93m (down hole width) @ 4.57% Sn from 225.07m. Following this high-grade intersection, ten additional follow-up drill holes for 5,600m have been completed at Ringrose to date. Several of these drill holes completed were surveyed with downhole electromagnetic (EM) in November 2023, identifying several new conductive zones. Assay results from six of these holes, and preliminary results from the EM survey were previously reported in the announcements of the Company (on 5 July 2023 and 27 February 2024). Additional significant Sn assay results now received from the ongoing follow-up drilling include: S1683: 2.9m @ 0.9% Sn from 143.3m; 5.6m @ 1.2% Sn from 158.6m; and 6.85m @ 0.69%Sn from 181m; S1684: 9.9m @ 0.53% Sn from 244m; S1685: 3.8m @ 3.38% Sn from 13.2m, 2m @ 0.80% Sn from 27m; 2.1m @ 1.01% Sn from 48.9m; 9m @ 0.60% Sn from 56m; 7.7m @ 0.41% Sn from 145.2m; S1687: 7.2m @ 2.52% Sn from 249.4m; S1688: 6.45m @ 0.51% Sn from 201m; 12.05m @ 1.01% Sn from 213.15m; S1696: 8.4m @ 0.87% Sn from 42.5m (NB drilling is ongoing). High-grade tin mineralisation currently extends over approximately 300m strike length, 250m depth extent and is open in all directions, with extensional drilling continuing. Reported mineralisation is broadly coincident with the modelled DHEM conductors, however conductor orientations currently vary between drill hole intersections. Drill core orientations also indicate that the mineralised zone is structurally complex and interpretation is evolving with the aid of newly acquired DHEM and FLEM survey data, as well as further drilling. Current interpretation indicates an east-west striking mineralised zone with north/north-west- trending high-grade shoots. Drill hole S1696 was collared 100m north of Ringrose and is currently still in progress. The reported intersection for the first part of this drill hole indicates mineralisation at Ringrose extends further to the north and visible mineralisation in this hole currently also extends down hole. Drillcore for the remainder of drill hole S1696 will be sampled and assayed on completion and remaining assays for S1688 are pending. Results for these drill holes are expected in June 2024. Infill and extensional drilling at Ringrose are ongoing with currently planned programs expected to be completed by the third quarter of 2024. Additional results will be announced on completion of these programs. FUTURE PLANNING: Drilling - Ringrose: Two surface diamond drill rigs are currently drilling exploration targets at Renison. A closer- spaced infill program of ten surface diamond drill holes for a total of 2,800m is in progress at Ringrose and expected to be completed by the third quarter of 2024. Drill holes are designed to further test the extent and grade of mineralisation at Ringrose, with three holes extended past the mineralisation target to test recently modelled conductors. Collar locations and hole traces for this ongoing program are shown in Figure 4. In addition to the standard Renison core logging, processing and multi-element exploration assay suite, selected ore grade intersections will also be submitted for mineralogical analysis and preliminary metallurgical test work including modal mineral analysis (MLA) and bond work index testing. A second drill program drilling north and south along strike of the Ringrose mineralised zone is also progressing and these drill holes were designed to test the modelled strike extent of the mineralised zone with additional support from EM conductor models from the recent EM surveys at Ringrose. A total of five surface diamond holes for 2,100m is currently in progress for this program which is also expected to be completed by the third quarter of 2024. On completion of modelling and interpretation of the EM survey data, further drill targets are expected to be generated and drill tested in the second half of 2024 with a continued focus on the Ringrose target area.
분석 기사 • Apr 19There's No Escaping Metals X Limited's (ASX:MLX) Muted Revenues Despite A 34% Share Price RiseDespite an already strong run, Metals X Limited ( ASX:MLX ) shares have been powering on, with a gain of 34% in the...
Price Target Changed • Apr 12Price target increased by 34% to AU$0.39Up from AU$0.29, the current price target is provided by 1 analyst. New target price is 18% below last closing price of AU$0.47. Stock is up 61% over the past year. The company posted earnings per share of AU$0.016 last year.
공지 • Mar 20Metals X Limited, Annual General Meeting, May 20, 2024Metals X Limited, Annual General Meeting, May 20, 2024, at 10:00 W. Australia Standard Time. Location: Quest South Perth, 22 Harper Terrace, South Perth WA 6151 South Perth Western Australia Australia
Reported Earnings • Mar 01Full year 2023 earnings released: EPS: AU$0.016 (vs AU$0.022 in FY 2022)Full year 2023 results: EPS: AU$0.016 (down from AU$0.022 in FY 2022). Revenue: AU$153.8m (up 15% from FY 2022). Net income: AU$14.6m (down 27% from FY 2022). Profit margin: 9.5% (down from 15% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 30First half 2023 earnings released: EPS: AU$0.013 (vs AU$0.14 in 1H 2022)First half 2023 results: EPS: AU$0.013 (down from AU$0.14 in 1H 2022). Revenue: AU$62.5m (down 48% from 1H 2022). Net income: AU$12.1m (down 91% from 1H 2022). Profit margin: 19% (down from 105% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.
Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Peter Gunzburg was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 03Full year 2022 earnings released: EPS: AU$0.022 (vs AU$0.064 in FY 2021)Full year 2022 results: EPS: AU$0.022 (down from AU$0.064 in FY 2021). Revenue: AU$133.4m (down 12% from FY 2021). Net income: AU$19.9m (down 67% from FY 2021). Profit margin: 15% (down from 40% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jan 13Price target increased to AU$0.42Up from AU$0.34, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of AU$0.42. The company posted earnings per share of AU$0.19 last year.
분석 기사 • Oct 06If EPS Growth Is Important To You, Metals X (ASX:MLX) Presents An OpportunityIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
공지 • Oct 01Metals X Limited Announces the Resignation of James Doyle as Joint Company SecretaryMetals X Limited advised Mr. James Doyle has resigned as joint company secretary, effective 30 September 2022. Ms. Shannon Coates remains as company secretary.
공지 • Sep 26+ 1 more updateMetals X Limited Announces Significant Exploration Drilling IntersectionMetals X Limited provided an update on the ongoing near mine exploration drilling program at the Renison Tin Operations (Renison), in which it holds a 50% equity interest. Renison is managed by Bluestone Mines Tasmania Joint Venture Pty Ltd. (the Manager) on behalf of the joint venture owners. Recent surface exploration drilling has intersected a significantly mineralised zone during a program following up on down hole electromagnetic (DHEM) conductors defined in a 2019 survey of historical holes, north and south of the known mineralisation at the Renison Mine. This mineralised intersection has returned an overall drill intersection from hole S1671 of 26.93m @ 4.57% Sn from 225.07m (down hole width), including the following high-grade zones: 6.03m @ 2.98% Sn from 233.97m. 4.97m @ 18.22% Sn from 247.03m. The intersection is the best surface exploration result recorded at Renison under the current ownership, with the mineralised zone remaining open at depth and along strike. Follow up drilling has been planned around this intersection and will commence upon completion of the hole. During 2019, seven holes were surveyed in a program using a single axis DHEM probe. This program identified 24 conductor plates from seven target areas, 13 of which were off hole conductors. An initial program of three diamond drill holes was planned and executed to test the ranked conductors and assess the potential for the DHEM method to detect tin bearing structures and host rocks. These three holes intersected structural zones with associated sulphide mineralisation coincident with conductor plates. A follow up program of six holes was planned to test the next set of priority targets. S1671 is the second of these holes. The conductor that was targeted by 1671 has a Renison Mine Grid, north-south trend and a steep easterly dip. Drill hole S1671 was collared within the mine hangingwall lithologies of the Crimson Creek Formation (CCF), a series of volcanic and volcano-sedimentary units. The collar location is to the west of the Federal Fault (which hosts a substantial portion of the remaining tin resource at Renison) and south-west of the current and historic mine workings. Drill hole S1671 intersected a typical sequence of CCF, before intersecting massive sulphide mineralisation at 225.07m, almost perfectly coincident with the lower conductor targeted by the hole. The mineralisation consists of massive to semi massive sulphides in two high grade zones separated by a strongly altered but weakly mineralised sequence of banded sediments. The sulphide mineralogy is dominated by pyrrhotite with accessory arsenopyrite and pyrite. Tin bearing cassiterite is present as fine grains associated with the pyrrhotite. Low magnesium values for the intersection indicate that it is structure infill mineralisation rather than dolomite replacement.
Reported Earnings • Sep 02Full year 2022 earnings released: EPS: AU$0.19 (vs AU$0.025 in FY 2021)Full year 2022 results: EPS: AU$0.19 (up from AU$0.025 in FY 2021). Revenue: AU$228.9m (up 144% from FY 2021). Net income: AU$176.3m (up AU$153.4m from FY 2021). Profit margin: 77% (up from 24% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공지 • Jul 30Metals X Limited Appoints James Doyle as Joint Company SecretaryMetals X Limited appointed Mr. James Doyle as joint company secretary. Mr. Doyle is an experienced advisory and governance professional specialising in the provision of company secretarial and corporate advisory services to public and private companies across a range of sectors including resources, industrials and information technology. Ms Shannon Coates remains as joint company secretary.
공지 • Jun 14Metals X Limited Announces 2022 Renison Mineral Resource UpdateMetals X Limited provided an update of the Mineral Resources for the Renison Tin Operation (Renison) in Tasmania. Renison is 50%-owned by Metals X through the Bluestone Mines Tasmania Joint Venture (BMTJV). Mineral Resources are reported inclusive of Ore Reserves. Mining production data up to 31 March 2022 and all exploration information has been included. Mineral Resources have been depleted for mining up to 31 March 2022. The tin price assumption used to estimate Mineral Resources is USD 27,500/t Sn at an assumed exchange rate of USD/AUD 0.76 giving a price of AUD 36,000/t Sn. The Mineral Resources have been classified in accordance with the guidelines set out in the Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves, published by the Joint Ore Reserves Committee (JORC), of the Australasian Institute of Mining and Metallurgy, the Australian Institute of Geoscientists and the Minerals Council of Australia, December 2012 (the `JORC Code' or `JORC 2012'). Senior geological and mining engineering staff of the BMTJV oversee reviews and technical evaluations of the estimates and evaluate these with reference to actual physical, cost and performance measures. The evaluation process also draws upon internal skill sets in operational and project management, ore processing and commercial/financial areas of the business. The BMTJV Management Committee of which Metals X has three members is responsible for monitoring the planning, prioritisation and progress of exploratory and resource definition drilling programs across the Company and the estimation and reporting of Mineral Resources. These definition activities are conducted within a framework of quality assurance and quality control protocols covering aspects including drill hole siting, sample collection, sample preparation and analysis as well as sample and data security. A four-level compliance process guides the control and assurance activities by the BMTJV: Provision of internal policies, standards, procedures and guidelines. Mineral Resource reporting based on well-founded geological and mining assumptions and compliance with external standards such as the JORC Code. Internal review of process conformance and compliance. Internal assessment of compliance and data veracity. The BMTJV Management Committee aims to promote the maximum conversion of identified mineralisation into Mineral Resources compliant with JORC 2012.
분석 기사 • May 12Benign Growth For Metals X Limited (ASX:MLX) Underpins Stock's 31% PlummetMetals X Limited ( ASX:MLX ) shares have had a horrible month, losing 31% after a relatively good period beforehand. Of...
Price Target Changed • Apr 27Price target increased to AU$0.72Up from AU$0.50, the current price target is provided by 1 analyst. New target price is 5.9% above last closing price of AU$0.68. The company posted earnings per share of AU$0.025 last year.
Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Patrick O’Connor is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 24First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: AU$0.054 (up from AU$0.015 in 1H 2021). Revenue: AU$107.7m (up 112% from 1H 2021). Net income: AU$49.4m (up 288% from 1H 2021). Profit margin: 46% (up from 25% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공지 • Feb 16Metals X Limited Announces Latest Significant Intersections At Renison MineMetals X Limited provided an update on the ongoing resource definition drilling program at Renison Tin Operations (Renison), in which it holds a 50% equity interest. Renison is managed by Bluestone Mines Tasmania Joint Venture Pty Ltd. (the Manager) on behalf of the joint venture owners. HIGHLIGHTS (100% Basis): Recent drilling programs at the Renison Mine have added an additional 14 significant tin intersections across the mine since the 15 July 2021 ASX release. These new intersections form part of ongoing drilling programs targeting resource extensions to the north, south and at depth of current reported resources; South Basset/Lower Federal surface drilling program has delivered 2 more ore intersections from hole S1665D in both the Federal Fault and a deeper footwall fault associated with the Federal Fault. S1665D is a daughter hole off S1665 which also returned favorable results in early 2021; The most northerly significant tin intersection ever drilled at Renison, was intersected in hole U8505 in what is interpreted to be steeply dipping mineralisation related to footwall structures (within the hypothesized Regnans Trend). This hole was drilled from the Huon North 1450 hangingwall drill drive and returned 3.2m @1.91% tin approximately 300m to the north of current mining operations. This intersection was one of several positive results in the northern target area, that also included 8.1m @ 0.86% tin in U8313 and 5.7m @ 1.93% tin in U8325; Deep intersections in the Leatherwood area below current mining levels continue to impress with results such as 6.1m @ 9.56% tin in U8462 and 4.5m @ 9.81% tin in U8466.
Price Target Changed • Oct 15Price target increased to AU$0.38Up from AU$0.23, the current price target is provided by 1 analyst. New target price is 6.2% below last closing price of AU$0.41. Stock is up 406% over the past year.
분석 기사 • Oct 14Metals X (ASX:MLX) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Oct 04Full year 2021 earnings released: EPS AU$0.025 (vs AU$0.015 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$93.8m (up 28% from FY 2020). Net income: AU$22.9m (up AU$35.3m from FY 2020). Profit margin: 24% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
분석 기사 • Sep 07We Don’t Think Metals X's (ASX:MLX) Earnings Should Make Shareholders Too ComfortableThe healthy profit announcement from Metals X Limited ( ASX:MLX ) didn't seem to impress investors. We did some digging...
Reported Earnings • Sep 01Full year 2021 earnings released: EPS AU$0.074 (vs AU$0.095 loss in FY 2020)Full year 2021 results: Revenue: AU$187.7m (up 31% from FY 2020). Net income: AU$200.1m (up AU$280.4m from FY 2020). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
공지 • Aug 08An unknown buyer acquired Copper and Nickel assets of Metals X Limited from Metals X Limited (ASX:MLX).An unknown buyer acquired Copper and Nickel assets of Metals X Limited from Metals X Limited (ASX:MLX) on August 6, 2021. An unknown buyer completed the acquisition of Copper and Nickel assets of Metals X Limited from Metals X Limited (ASX:MLX).
공지 • Jul 15Metals X Limited Provides Update on Ongoing Resource Definition Drilling Program At Renison Tin OperationsMetals X Limited provided an update on the ongoing resource definition drilling program at Renison Tin Operations (Renison), in which it holds a 50% equity interest. Renison is managed by Bluestone Mines Tasmania Joint Venture Pty Ltd. (the Manager) on behalf of the joint venture owners. Hastings is a newly defined area that is in a major footwall fault zone between the high-grade Area 5 and Leatherwood areas with the discovery intersection at the 1066 RL. The Hastings area currently has an extent of approximately 375m horizontally and 145m vertically. The Hastings area interpretation is now based on 16 diamond drill holes; 13 of which contain significant tin intersections with the mineralised zone open to the north and at depth. Since the initial discovery hole in February 2021, ongoing follow-up drill testing of the Hastings area has now reported multiple high grade tin intersections of very significant widths, below are the most significant: Hastings recently contributed 6.1kt tin in the 2021 Renison Bell Mineral Resource of 18.2 Mt at 1.65% Sn for 302kt of contained tin, comprising 55% in the Indicated Resource category and 45% in the Inferred Resource category. The Hastings mineralisation is proximal to existing Area 5 and Leatherwood's infrastructure and, as mining progresses, will be readily supported by planned infrastructure. Further follow-up infill drilling is planned to commence towards the end of current year 2021.
공지 • Jun 08Metals X Limited Provides Renison Mineral Resource UpdateMetals X Limited provided an update of the Mineral Resources for the Renison Tin Operation (Renison) in Tasmania. New Mineral Resource estimations completed for Renison using data to 31 March 2021. The continuing commitment to Mineral Resource development drilling has once again delivered strong results with defined tin in Measured and Indicated Resources increased by 1,500 Sn tonnes (1%) and average tin grades increased by 2% (0.04% Sn) when compared to 31 March 2020 (after mining depletion). Total Renison Measured, Indicated and Inferred Resource of 18.2 Mt at 1.65% Sn for 301,500 tonnes of contained tin. 7,000 Sn tonnes (3%) increase in Measured and Indicated Resources from 255kt of contained tin to 262kt of contained tin. Resource definition and grade control drilling continues with two underground and one surface rig currently in operation. The on-going exploration program aims to increase the Mineral Resource, net of depletion, each year with a range of exploration targets identified. Senior geological and mining engineering staff of the BMTJV oversee reviews and technical evaluations of the estimates and evaluate these with reference to actual physical, cost and performance measures. The evaluation process also draws upon internal skill sets in operational and project management, ore processing and commercial/financial areas of the business. The BMTJV Management Committee of which Metals X has three members is responsible for monitoring the planning, prioritisation and progress of exploratory and resource definition drilling programs across the Company and the estimation and reporting of Mineral Resources. These definition activities are conducted within a framework of quality assurance and quality control protocols covering aspects including drill hole siting, sample collection, sample preparation and analysis as well as sample and data security. A four-level compliance process guides the control and assurance activities by the BMTJV: Provision of internal policies, standards, procedures and guidelines. Mineral Resource reporting based on well-founded geological and mining assumptions and compliance with external standards such as the JORC Code. Internal review of process conformance and compliance. Internal assessment of compliance and data veracity. The BMTJV Management Committee aims to promote the maximum conversion of identified mineralisation into Mineral Resources compliant with JORC 2012. Renison is the largest of three major skarn, carbonate replacement, pyrrhotite-cassiterite deposits within western Tasmania. Sludge drilling is performed with an underground production or development drill rigs (nominal 64mm-89mm diameter hole). It is an open hole drilling method using water as the flushing medium. Criteria for classification Resources are classified in line with JORC guidelines utilising a combination of various estimation derived parameters, the input data and geological /mining knowledge. This approach considers all relevant factors and reflects the Competent Person's view of the deposit. At Renison, material classified as Measured must have development (with face samples) within 20 m. Indicated Mineral Resource must have sufficient grade and geological continuity with drill hole intersections generally between 40m and 20m apart. Inferred Mineral Resource is material that is defined by drill hole intersections between 120m and 40m apart. Geological continuity may be present, but the grade estimate is lower in confidence. Sample analysis method Samples are dried at 90°C, then crushed to <3mm, samples are then riffle split to obtain a sub sample of approximately 100 g which is then pulverized to 90% passing 75 um. A 2g subsample of the pulp sample is then weighed with 12 g of reagents including a binding agent, the weighed sample is then pulverized again for one minute. The sample is then compressed into a pressed powder tablet for introduction to the XRF. Sn, As and Cu have a detection limit 0.01%, Fe and S detection limits are 0.1%. Each XRF batch of twenty consists of one blank, one internal standard, one duplicate and a replicate. Anomalous assay results are re-assayed to ensure quality control. Estimation methodology All modelling and estimation work undertaken by BMTJV is carried out via LeapfrogTM and Surpac VisionTM software by creating three-dimensional ore body wireframes using sectional techniques. Drill hole intersections within the three-dimensional wireframes are composited and statistical analysis is conducted to determine appropriate search parameters within individual domains. An empty block model is created, and grade estimation is undertaken using ordinary Kriging estimation methods. The resource is then depleted using mining voids and subsequently classified in line with JORC guidelines as above. Cut-off grades The Mineral Resource reporting cut-off grade is 0.7% Sn at Renison Bell. Mining and metallurgical methods and parameters The Renison mine predominantly applies up-hole benching and open stoping mining methods with (in some cases), post fill and cemented rock fill to fill voids. A slurry type of fill is assumed to be used to backfill a portion of the stope voids of the high-grade wide ore zone in Area 5. A mining dilution of 5% to 15% at zero grade is used to estimate the Ore Reserve. Minimum widths for underground development are 4.5 m and for stoping minimum widths are 2.0 m. Historical Mining recoveries of 75% to 98% are applied to estimate the Ore Reserve. No Inferred Mineral Resources are included within the Ore Reserve. The Renison mine produces a tin concentrate of grade varying between 50%-60% Sn with internal process designed to reduce penalty metals such as iron, sulphur, tungsten and copper. The metallurgical process is complex and applies several stages of gravity-type concentration as well as sulphide and oxide flotation, regrinding and acid leach methods. The metallurgical recovery is estimated from plant feed grades and is based on historical plant performance with modifying factors for different ore sources. Metallurgical recoveries on the various ore types and grades were considered as part of the cut-off grade analysis.
Price Target Changed • May 20Price target decreased to AU$0.13Down from AU$0.17, the current price target is provided by 1 analyst. New target price is 46% below last closing price of AU$0.24. Stock is up 173% over the past year.
분석 기사 • Mar 27Metals X (ASX:MLX) Is Carrying A Fair Bit Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Mar 05First half 2021 earnings released: EPS AU$0.014 (vs AU$0.012 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$50.8m (up 31% from 1H 2020). Net income: AU$12.7m (up AU$22.6m from 1H 2020). Profit margin: 25% (up from net loss in 1H 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.
Analyst Estimate Surprise Post Earnings • Mar 02Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the next year, revenue is expected to shrink by 15% compared to a 128% growth forecast for the Metals and Mining industry in Australia.
분석 기사 • Feb 28When Will Metals X Limited (ASX:MLX) Turn A Profit?With the business potentially at an important milestone, we thought we'd take a closer look at Metals X Limited's...
Is New 90 Day High Low • Feb 19New 90-day high: AU$0.21The company is up 156% from its price of AU$0.084 on 20 November 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 23% over the same period.
공지 • Feb 11Cyprium Metals Limited (ASX:CYM) agreed to acquire Paterson Copper Pty Ltd from Metals X Limited (ASX:MLX) for AUD 60 million.Cyprium Metals Limited (ASX:CYM) agreed to acquire Paterson Copper Pty Ltd from Metals X Limited (ASX:MLX) for AUD 60 million on February 10, 2021. Under the terms of consideration, an upfront cash payment of AUD 24 million, inclusive of the AUD 1 million deposit already paid and four convertible notes with a value of AUD 9 million each, for an aggregate value of AUD 36 million. Cyprium has received binding commitments to fund the Transaction through a AUD 90 million placement to professional and sophisticated investors. Completion of the Transaction is subject to shareholder approval which is currently expected to occur on or before March 31, 2021. Completion of the Transaction will occur within five business days of satisfaction of the last of the conditions precedent under the Agreement.
분석 기사 • Jan 22Here's What Metals X Limited's (ASX:MLX) Shareholder Ownership Structure Looks LikeEvery investor in Metals X Limited ( ASX:MLX ) should be aware of the most powerful shareholder groups. Large companies...
Price Target Changed • Jan 08Price target raised to AU$0.19Up from AU$0.17, the current price target is an average from 2 analysts. The new target price is 36% above the current share price of AU$0.14. As of last close, the stock is up 79% over the past year.
분석 기사 • Dec 15Metals X's (ASX:MLX) Shareholders Are Down 90% On Their SharesIt is a pleasure to report that the Metals X Limited ( ASX:MLX ) is up 33% in the last quarter. But will that repair...
공지 • Dec 01+ 1 more updateMetals X Limited Announces Company Secretary ChangesMetals X Limited announced the appointment of Ms. Shannon Coates as the company secretary of the company, with effect from 1 December 2020. Ms. Coates is a qualified lawyer, Chartered Secretary and graduate of the AICD's Company Directors course. She is currently Company Secretary to a number of ASX listed companies. The Company further announced that Ms. Fiona Van Maanen has resigned from the position of company secretary, with effect from 1 December 2020.
공지 • Nov 23Metals X Limited Announces the Signing of A Body Corporate Indigenous Land Use AgreementMetals X Limited announced the signing of a Body Corporate Indigenous Land Use Agreement (ILUA) over 10,090 km2 of Martu country in the eastern Pilbara region of Western Australia. The ILUA area covers all of Metals X's Nifty and Maroochydore tenure held in the highly prospective Paterson Province including the Nifty Copper Mine, the Maroochydore Copper Project and the Paterson Exploration Project and includes a protocol for heritage protection and management, provisions for cultural awareness, training and employment as well as a package of benefits.
Major Estimate Revision • Oct 22Analysts update estimatesThe 2021 consensus revenue estimate increased from AU$96.3m to AU$101.0m. The company is forecast to report a loss instead of a profit with analysts lowering their EPS forecasts from AU$0.0023 to -AU$0.0065 for the same period. The Metals and Mining industry in Australia is expected to see an average net income growth of 54% next year. The consensus price target increased from AU$0.17 to AU$0.17. Share price is up 3.8% to AU$0.082 over the past week.
공지 • Sep 18Metals X Limited Auditor Raises 'Going Concern' DoubtMetals X Limited filed its Annual on Sep 15, 2020 for the period ending Jun 30, 2020. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.