ELT vs MLX

ASX Basic Materials sector comparison — updated 26 Mar 2026 — Basic Materials sector

ELT

ELEMENTOS FPO [ELT]

50MEDIUM

MLX

METALS X FPO [MLX]

50MEDIUM

Score Breakdown

ELT MLX
Technical
61
55
Catalyst
50
52
Sentiment
50
50
Fundamental
54
71
Momentum
71
80
Risk Gate
50
50

Key Metrics

ELT Metric MLX
$171.5MMarket Cap$1.1B
285KAvg Volume (20d)7.5M
N/AShort Interest+1.3%
$0.47552-Week High$1.552
$0.05952-Week Low$0.490
+8.2%Daily Change-3.7%
$0.395Entry Price$1.242
-15.9%ROE+21.8%
N/AProfit Margin+36.7%

Active Signals

ELT Signals

Trading above the 200-day average — the long-term trend is on your side
Strong cash runway (13 quarters)
Very high P/S ratio (3776.4x)
Revenue in sharp decline (-86%)
Piotroski F-Score weak (3/9, low-confidence approx)
EPS estimates revised downward (-10pts)
CANSLIM S: Tight float (43%)
CANSLIM I: Institutional ownership (23%)

MLX Signals

Volume surging at 3.3x normal while price falls — heavy selling pressure
Trading above the 200-day average — the long-term trend is on your side
Cash positive / operating cashflow positive
Low P/S ratio (3.9x)
Moderate revenue growth (+11%)
Piotroski F-Score strong (8/9, low-confidence approx)
Post-earnings drift: negative surprise (SUE -5)
Short interest rising (+1.3% in 5d)

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ELT Full Analysis → MLX Full Analysis → Basic Materials Sector →
GENERAL INFORMATION ONLY. SmallCapData provides algorithmic screening data and does not constitute personal financial advice, a recommendation, or an offer to buy or sell any security. This content is produced by an algorithm, not a licensed financial adviser. You should consider seeking independent financial advice before making any investment decision. Past performance is not indicative of future results. Trading in small-cap securities carries a high degree of risk, including the risk of total loss of capital. The author may hold positions in mentioned securities. SmallCapData does not hold an Australian Financial Services Licence (AFSL).