` MLX (Metals X Ltd) vs S&P/ASX 300 Comparison - Alpha Spread

MLX
vs
S
S&P/ASX 300

Over the past 12 months, MLX has significantly outperformed S&P/ASX 300, delivering a return of +139% compared to the S&P/ASX 300's +4% growth.

Stocks Performance
MLX vs S&P/ASX 300

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MLX
S&P/ASX 300
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Performance Gap
MLX vs S&P/ASX 300

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MLX
S&P/ASX 300
Difference
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Performance By Year
MLX vs S&P/ASX 300

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Competitors Performance
Metals X Ltd vs Peers

S&P/ASX 300
MLX
RIO
BHP
RIO
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Metals X Ltd
Glance View

Metals X Ltd. engages in the production of tin in Australia. The company is headquartered in Perth, Western Australia. The company went IPO on 2004-08-26. The firm is principally engaged in operation of tin mines, and exploration and development of base metals projects in Australia. The firm produces tin and nickel-cobalt. The company owns an approximately 50 % equity interest in the Renison Tin Operation through its 50 % ownership in the Bluestone Mines Tasmania Joint Venture and comprises the Renison Tin Mine (Renison). Renison is located on the west coast of Tasmania, approximately 15 kilometers (km) north-east of Zeehan. Metals X's nickel division consists of its ownership of nickel assets in the Central Musgrave Project, which straddles the triple-point of the Western Australia, Northern Territory and South Australia borders. The Central Musgrave Project encompasses approximately 2,000 square kilometers of prospective exploration tenure that includes Wingellina Nickel-Cobalt deposit (Wingellina), the Claude Hills nickel deposit, and the Mt Davies exploration prospects.

MLX Intrinsic Value
1.484 AUD
Undervaluation 36%
Intrinsic Value
Price
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