50MEDIUM

MLX

METALS X FPO [MLX]
Metals X Limited engages in the production of tin in Australia. The company holds a 50% interest in the Renison tin project located on the Northwest Tasmania. It offers tin-in-concentrate, as well as invests in companies undertaking exploration and development of tin, gold, and base metals projects. Metals X Limited was incorporated in 2004 and is based in South Perth, Australia.
Basic Materials · ASX Small Cap
$1.2420 -3.7%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical55
Catalyst52
Sentiment50
Fundamental71
Momentum80
Risk Gate50
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Active Signals

Bullish 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)
  • Short interest rising (+1.3% in 5d)
  • Earnings in sharp decline (-41% QoQ)
  • CANSLIM I: Institutional ownership (34%)
  • Strong return on equity (22%)
  • Healthy profit margins (37%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 170% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 2.1 means strong gains without wild swings
  • RBA hiking (-3pts)

Risk Signals

  • Post-earnings drift: negative surprise (SUE -5)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Appendix 4G
NONE Corporate Governance Statement
NONE Metals X 2025 ESG Report
LOW Annual Report

Recent ASX Announcements

2026-03-24 Appendix 4G
2026-03-24 Corporate Governance Statement
2026-03-24 Annual Report
2026-03-24 Metals X 2025 ESG Report
2026-03-19 Date of Annual General Meeting

Key Metrics

$1.1B
Market Cap
7.5M
Avg Volume
3.3x
Vol Ratio
$0.49 — $1.55
52-Week Range
1.3%
Short Interest
N/A
Cash Runway
21.8%
ROE
36.7%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: -41%
AAnnual EarningsneutralCAGR: 5%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 67%
LLeader vs LaggardpassRS: 2
IInstitutional SponsorshippassInst: 34%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #150 of 558 · Sector avg: 46

View all Basic Materials signals →
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