profit from every A$100 of sales.
Metals X
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay A$14.62 for every A$1 of profit it makes in a year.
It holds more cash than debt.
Money in, money out
What Metals X sold, what it kept, and what it did with the cash.
Sales went from A$229 million in 2022 to A$285 million in 2025, with A$105 million of profit last year.
Metals X vs. similar companies
Metals X grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| Metals X | 14.6× · Cheap | ||
BHP Group | 22.9× · Fair price | ||
Rio Tinto Group | 13.8× · Cheap | ||
Grupo México, S.A.B. de C.V. | 18.9× · Fair price | ||
Glencore | 217.2× · Very expensive |
AI analysis
An AI analyst reads Metals X's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 229 | 154 | 219 | 285 | |
| 135 | 54 | 104 | 137 | |
| 127 | 43 | 87 | 122 | |
| 139 | 33 | 130 | 150 | |
| 184 | 15 | 102 | 105 | |
| 0.20 | 0.02 | 0.11 | 0.12 | |
| 59.1% | 35.4% | 47.7% | 48.1% | |
| 55.6% | 27.8% | 39.6% | 42.8% | |
| 80.3% | 9.5% | 46.8% | 36.7% |
Balance sheet
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 352 | 393 | 505 | 619 |
| Cash | 122 | 143 | 221 | 294 |
| Total debt | 4 | 8 | 6 | 3 |
| Total liabilities | 42 | 59 | 77 | 86 |
| 310 | 334 | 428 | 533 | |
| 907 | 907 | 903 | 886 | |
| 30.0% | 5.7% | 19.5% | 18.2% | |
| 59.4% | 4.4% | 23.9% | 19.6% |
Cash flow
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 37 | 35 | 41 | 37 | |
| 113 | 30 | 103 | 91 | |
| Dividends paid | – | – | – | – |
| – | – | 8 | – | |
| – | – | – | – |
Valuation
- 14.6×
- –
- –
- 2.4×
- 5.4×
- 16.8×
- 8.3×
- 5.9%
- 6.8%
- –
Profitability
- 48.1%
- 42.8%
- 36.7%
- –
- 18.2%
- 18.3%
- –
- –
- –
- –
Growth
- +7.6%
- −16.5%
- –
- –
- −0.8%
Financial health
- -1.9×
- 0.01
- –
- 142.1×
- 7.03
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
Lifezone Metals GAAP EPS of -$0.07, revenue of $264.3MSeeking Alpha · Oct 29, 2026Bitcoin’s Next Move Could Shake Stocks And Metals: Bloomberg Strategist Warns As Fidelity Sees Bull RunYahoo Finance · Oct 18, 2026Collective Metals announces $515K non-brokered private placementSeeking Alpha · Oct 16, 2026Clean Air Metals announces C$150,000 flow-through financingSeeking Alpha · Oct 7, 2026Why The Metals Company Stock Is Soaring TodayYahoo Finance · Sep 30, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
6/7Passes 6 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Metals X
Is Metals X a good stock to buy?
A strong, very profitable business, and the price looks low. 6 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Metals X AI analysis
What does Metals X do?
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 is in Other Industrial Metals & Mining, based in South Perth, WA, Australia.
Is Metals X stock halal?
Yes. Metals X passes our halal screen: its business is permitted and its debt is 0.2% of its market value, under the 30% limit. How we check
How has Metals X stock done over the past year?
Up 124.0% over the past twelve months, to A$1.73. It traded between A$0.77 and A$2.17 and is 20.5% below its high.
Who are Metals X's competitors?
The largest listed companies in the same industry are BHP Group, Rio Tinto Group, Grupo México, S.A.B. de C.V. and Glencore. The peers table on this page compares their profit, growth and price with Metals X's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.



