ASX Share rice
Wed 19 May 2021 - 12:28:am (Sydney)

MLX Share Price

METALS X LIMITEDMLXMaterials

MLX Company Information

Name:

Metals X Limited

Sector:

Basic Materials

Industry:

Copper

GIC Industry:

Metals & Mining

GIC Sub Industry:

Diversified Metals & Mining

Address:

197 St Georges Terrace Perth WA Australia 6000

Phone:

61 8 9220 5700

Full Time Employees:

175

Exec. Director:

Mr. Brett Robert Smith BE Hon(Chem), Dip Ind Mktg, MBA, BEng (Chem), MA

Investor Relations Mang.:

Rod Corps

Company Sec.:

Ms. Shannon Louise Coates A.C.I.S., B.A., L.L.B., LLB, GIA (cert), BJuris, G

Gen. Mang. of Renison Tin Operations:

Mr. Mark A. Recklies

Company Overview:

Metals X Limited engages in the production of tin in Australia. It operates through Renison Tin Operations, Mt Bischoff Tin Project, Nifty Copper Operations, Maroochydore Copper Project, and Wingellina Nickel Project segments. Its products include copper, tin, cobalt, and nickel. The company holds a 50% interest in the Renison tin project located on the west coast of Tasmania; and a 100% interest in the Nifty copper project in Western Australia. It also holds in the Central Musgrave project that covers an area of 2,000 square kilometers of exploration tenure, including the Wingellina nickel-cobalt limonite deposit, the Claude Hills nickel deposit, and the Mt Davies exploration prospects located in the Central Musgrave ranges. The company was incorporated in 2004 and is based in Perth, Australia.

MLX Share Price Information

Shares Issued:

0.91B

Market Capitalisation:

$217.74M

Dividend per Share:

$0.01

Ex Dividend Date:

2017-09-06

Dividend Yield:

4.17%

Revenue (TTM):

$155.46M

Revenue Per Share (TTM):

$0.17

Earnings per Share:

$-0.172

Profit Margin:

-0.0006

Operating Margin (TTM):

$-0.41

Return On Assets (TTM):

$-0.22

Return On Equity (TTM):

$-0.82

Quarterly Revenue Growth (YOY):

0.31

Gross Profit(TTM):

$-49,127,871

MLX CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$155K

Change To Liabilities:

$-17,887,000

Total Cashflow From Investing Activities:

$-32,080,000

Net Borrowings:

$24.72M

Net Income:

$-80,340,000

Total Cash From Operating Activities:

$-21,043,000

Depreciation:

$42.23M

Other Cashflow From Investing Activities:

$474K

Dividends Paid:

$-58,000

Change To Inventory:

$23.87M

Change To Account Receivables:

$10.43M

Sale Purchase Of Stock:

$32.73M

Capital Expenditures:

$32.55M

MLX Income Statement

Income Date:

2020-06-30

Income Before Tax:

$-80,340,000

Net Income:

$-80,340,000

Gross Profit:

$-22,680,000

Operating Income:

$-80,340,000

Other Operating Expenses:

$8.59M

Interest Expense:

$2.15M

Total Revenue:

$143.45M

Cost Of Revenue:

$166.13M

MLX Balance Sheet

Balance Sheet Date:

2020-06-30

Total Liabilities:

$98.17M

Total Stockholder Equity:

$51.79M

Other Current Liabilities:

$3.74M

Total Assets:

$149.96M

Common Stock:

$332.41M

Other Current Assets:

$1.53M

Retained Earnings:

$-308,796,000

Other Liabilities:

$51.40M

Other Assets:

$9.98M

Cash:

$14.10M

Total Current Liabilities:

$44.31M

Property - Plant & Equipment:

$96.94M

Net Tangible Assets:

$51.79M

Long-Term Investments:

$10.03M

Total Current Assets:

$42.99M

Net Receivables:

$6.15M

Short-Term Investments:

$106.97M

Inventory:

$20.33M

Accounts Payable:

$3.78M

Short-Term Investments:

$106.97

Non Current Liabilities Total:

$53.87M

MLX Share Price History

MLX News

19 Apr, 2021
Unfortunately, investing is risky - companies can and do go bankrupt. But if you pick the right business to buy shares...
14 Feb, 2021
The big shareholder groups in Metals X Limited ( ASX:MLX ) have power over the company. Insiders often own a large...
13 Jan, 2021
VANCOUVER, British Columbia, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that Mr. Michael Spreadborough has accepted an invitation to join its board of directors.Michael Spreadborough is currently CEO of Metals X Limited (ASX: MLX) and previously Managing Director & CEO of Nusantara Resources and a Non-Executive Director of CleanTeQ Holdings. Mr. Spreadborough has a mining engineering background, with over 30 years’ experience in mining lead, zinc, uranium, copper, gold and iron ore.He has held roles across the scope of the resources industry from business and project development, to operations and exploration. In recent times, Mr. Spreadborough was the General Manager – Mining for Western Mining Corporation, and then later the Vice President – Mining for BHP Billiton, at the world-class Olympic Dam Mine in South Australia. Mr. Spreadborough was previously the General Manager – Coastal Operations for Rio Tinto, responsible for port operations and the Pannawonica mine site in the Pilbara region of Western Australia. He then assumed the position of Chief Operating Officer for Inova Resources Ltd (formerly Ivanhoe Australia) and Sandfire Resources.Mr. Spreadborough holds a Bachelor of Mining Engineering from the University of Queensland, an MBA from Deakin University, and a WA First Class Mine Manager’s Certificate of Competency. Additionally, Mr. Spreadborough is a Fellow of the Australasian Institute of Mining and Metallurgy and a member of the Australian Institute of Company Directors.“Novo is delighted to welcome Mr. Spreadborough to our board of directors,” commented Dr. Quinton Hennigh, President and Chairman of the Company. “Mr. Spreadborough brings with him a wealth of Australian resource industry operational experience and international executive public company experience. His experience strengthens operational oversight within Novo’s board. We look forward to working with Mike as we advance towards production.”The Company is also pleased to report that development at its Nullagine gold project continues in line with schedule and budget. Further detailed operational updates will be released over the coming weeks.About Novo Resources Corp.Novo is advancing its flagship Beatons Creek gold project to production while exploring and developing its highly prospective land package covering approximately 14,000 square kilometres in the Pilbara region of Western Australia. In addition to the Company’s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.comOn Behalf of the Board of Directors,Novo Resources Corp. “Quinton Hennigh”Quinton Hennigh President and ChairmanNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
15 Dec, 2020
We feel now is a pretty good time to analyse Metals X Limited's ( ASX:MLX ) business as it appears the company may be...
27 Aug, 2020
Long term investing works well, but it doesn't always work for each individual stock. We don't wish catastrophic...
26 May, 2020
Metals X Limited's (ASX:MLX): Metals X Limited engages in the operation of tin and copper mines in Australia. With the...

MLX Dividend Payments

EX-Date Dividend Amount
2014-12-12$0.0263
2015-08-31$0.0286
2017-09-06$0.0097