Highlights
ASX: MLX       METALS X LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.245   +0.005 (2.08%)  0.235 - 0.25  1,154,963

Overview

 
Avg Volume (4 weeks):1,433,977
4 Weeks Range:0.225 - 0.265
4 Weeks Price Volatility (%):
50.00%
52 Weeks Range:0.205 - 0.865
52 Weeks Price Volatility (%):
6.06%
Average Price Target: 2.04
Price Target Upside/Downside: +1.795

Headlines



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Business Background

Metals X Limited is a diversified resource company engaged in developing and exploring for minerals and metals in Australia. The Company produces tin, copper and nickel. Metals X is 100% owner of the Nifty Copper Operations (Nifty), located in the East Pilbara region of Western Australia. Nifty comprises an historical open pit oxide mine and an underground sulphide mine. The Company is a significant tin producer through its 50% ownership of the Bluestone Mines Tasmania Joint Venture. The key assets of the joint venture are the Renison Tin Mine, a 700,000 ton per annum tin concentrator plant, and the Renison Expansion Project. The Company's nickel division consists of its 100% ownership of nickel assets in the Central Musgrave Project (CMP) located in the Central Musgrave Ranges. The CMP project encompasses 1,957 square kilometers of prospective exploration tenure that includes the Wingellina nickel deposit, the Claude Hills nickel deposit, and the Mt Davies exploration prospects.

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