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MLX

Metals X

Materials

Metals X is Australia's largest tin producer, focusing on a diverse portfolio of mining assets ranging from exploration to development stages. The company leverages its extensive experience in the materials industry to maintain a strong market position in tin production.

Short position

short percentage1.38%
reported shorts12.3M
shares on issue886.392M

Metals X (ASX:MLX) has 1.38% of its shares on issue reported as short positions as of 5 Oct 2026, or about 12,256,343 shares. Over the past 30 days that figure has risen 0.46 percentage points, and over 90 days it has risen 0.35 percentage points. Its highest recorded short interest was 9.91% in July 2018. MLX is classified in the Materials industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

Metals X (MLX) financials

Results, ratios and statements

Latest result

12 months to 30 Jun 2026 (TTM Jun 26) vs TTM Jun 25, figures in AUD, the reporting currency

Revenue
$342.2Mvs n/a (TTM Jun 25)
Yahoo Finance, as at 29 Sep 2026
NPAT
$155.6Mvs n/a (TTM Jun 25)
Yahoo Finance, as at 29 Sep 2026
EPS (diluted)
$0.18vs $0.16 (TTM Jun 25)
Yahoo Finance, as at 29 Sep 2026
Rev YoY
+30.2%FY
EPS YoY
+13.9%TTM

Key ratios

12 months to 30 Jun 2026 (TTM); balance sheet at 31 Dec 2025, 6 months before; prices to 9 Oct 2026

Gross margin
57.5%
Operating margin
53.2%
Net margin
45.5%
FCF margin
44.3%
ROE
32.4%
ROA
27.7%
FCF conversion
0.97×
Net cash (excl. leases)
$292.7M
Net debt / EBITDA
−1.5×
Current ratio
7.0×
Interest cover
>100×
Cash dividends paid / net profit
n/a
Market cap
$1.81B
P/E
11.5×
P/B
3.4×

Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.

Financial statements

Figures in AUD, the reporting currency; Yahoo Finance unless marked

MLX income, newest period first, figures in AUD
Line itemTTM Jun 26FY25FY24FY23FY22
Revenue$342.2M$285.0M$218.9M$153.9M$228.9M
Gross profit$196.8M$137.1M$104.4M$54.5M$135.2M
Operating income$181.9M$122.1M$86.7M$42.8M$127.2M
EBITDA$194.4M$149.7M$129.8M$33.5M$139.2M
EBIT$194.4M$139.3M$120.8M$27.7M$134.4M
Interest expense$724.0K$980.0K$566.0K$877.0K$610.0K
Pretax income$193.7M$138.3M$120.2M$26.8M$133.8M
Tax$38.1M$33.7M$17.9M$12.2M−$42.5M
NPAT$155.6M$104.6M$102.3M$14.6M$183.9M
Net interest income$14.3M$12.3M$9.3M$6.2M$894.0K
EPS basic$0.18$0.12$0.11$0.016$0.20
EPS diluted$0.18$0.12$0.11$0.016$0.20
Sharesn/a886.4M887.2M907.3M907.3M