RiskMastery's Breakout Stocks - MLX EditionWelcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at ASX:MLX ...
I believe this code is at a point of potential volatility.
If price can hold above $0.320 ... Bullish potential may be unlocked.
My key upside targets include:
-
Next report date
≈
February 25
Report period
H1 2025
EPS estimate
—
Revenue estimate
—
0.0702 USD
63.32 M USD
135.38 M USD
719.15 M
About METALS X LIMITED
Sector
Industry
Website
Headquarters
South Perth
Founded
2004
ISIN
AU000000MLX7
FIGI
BBG000RJRJX1
Metals X Ltd. engages in the production of tin in Australia. It is principally is in the operation of tin mines, exploration and development of base metals. The firm holds interest in Renison Tin operation. Its projects include: Rentails, Wingellina Nickel-Cobalt and Central Musgrave. The company was founded on July 23, 2004 and is headquartered in South Perth, Australia.
2.5%
22.5%
42.5%
62.5%
82.5%
H2 '22
H1 '23
H2 '23
H1 '24
H2 '24
0.00
20.00 M
40.00 M
60.00 M
80.00 M
Revenue
Net income
Net margin %
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
0.00
20.00 M
40.00 M
60.00 M
80.00 M
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
0.00
20.00 M
40.00 M
60.00 M
80.00 M
H2 '22
H1 '23
H2 '23
H1 '24
H2 '24
0.00
40.00 M
80.00 M
120.00 M
160.00 M
Debt
Free cash flow
Cash & equivalents
No news here
Looks like there's nothing to report right now
An ideal long-term cup and handle forming.Successful break out at around 50c shall take the price up to around 90c.
ALong

Metals X Ltd (MLX) - ASX Stock trying for breakoutBase metals mines and exploration, tin and copper.
I'm long from 0.36c.
ALong

Buy: MLX.AXKeeping an eye on this one
Price moving out of short term downtrend
Base slowly forming
Watching for break of 11c
ALong

MLX inside bar's :)MLX is currently forming inside bars on the Weekly chart which will break in the coming days. Previously MLX inside bars has broken bullish and have given back some nice gains. The potential for a BULL break is higher as MLX is currently in strong uptrend and is currently on a previous support.
BU
ALong

See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MLXEF is 0.4300 USD — it has increased by 13.91% in the past 24 hours. Watch Metals X, Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on OTC exchange Metals X, Ltd. stocks are traded under the ticker MLXEF.
MLXEF stock has fallen by −4.43% compared to the previous week, the month change is a 2.00% rise, over the last year Metals X, Ltd. has showed a 67.48% increase.
We've gathered analysts' opinions on Metals X, Ltd. future price: according to them, MLXEF price has a max estimate of 0.53 USD and a min estimate of 0.38 USD. Watch MLXEF chart and read a more detailed Metals X, Ltd. stock forecast: see what analysts think of Metals X, Ltd. and suggest that you do with its stocks.
MLXEF reached its all-time high on Aug 12, 2016 with the price of 1.4300 USD, and its all-time low was 0.0300 USD and was reached on Mar 24, 2020. View more price dynamics on MLXEF chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MLXEF stock is 13.46% volatile and has beta coefficient of −0.03. Track Metals X, Ltd. stock price on the chart and check out the list of the most volatile stocks — is Metals X, Ltd. there?
Today Metals X, Ltd. has the market capitalization of 345.61 M, it has increased by 10.46% over the last week.
Yes, you can track Metals X, Ltd. financials in yearly and quarterly reports right on TradingView.
Metals X, Ltd. is going to release the next earnings report on Feb 25, 2026. Keep track of upcoming events with our Earnings Calendar.
MLXEF net income for the last half-year is 54.12 M USD, while the previous report showed 9.91 M USD of net income which accounts for 445.99% change. Track more Metals X, Ltd. financial stats to get the full picture.
No, MLXEF doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, MLXEF shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Metals X, Ltd. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Metals X, Ltd. technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Metals X, Ltd. stock shows the strong buy signal. See more of Metals X, Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.