Capital Signal

Metals X Limited (ASX: MLX)

Sector: Materials

Market cap: A$1.4B (as of 2 Nov 2026)

Metals X is Australia's largest Tin producer and holds a portfolio of assets from exploration to development.

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
19 May 2025Placement$5M$0.080%Filing ↗
24 Nov 2021Public offer$12M$0.20—Filing ↗
14 Oct 2019Other$32.731M$0.15—Filing ↗
9 Oct 2019Rights issue$32.7M——Filing ↗
19 Sept 2019Rights issue$32.7M$0.1521.1% discountFiling ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
25 Mar 2026APAC Resources Limited and its related bodies corporateEntry?% → 23.28%Filing ↗
20 Feb 2026Metals X LimitedDecrease19.99% → 15.91%Filing ↗
27 Jan 2026Metals X LimitedIncrease17.87% → 19.99%Filing ↗
3 Dec 2025Metals X LimitedDecrease18.93% → 17.87%Filing ↗
4 Nov 2025Metals X LimitedDecrease19.79% → 18.93%Filing ↗

Director trades — on-market

DateDirectorTradeSource
2 Mar 2026Patrick O’ConnorSold 750,000Filing ↗
1 June 2022BRETT SMITHBought 40,000 Fully Paid Ordinary SharesFiling ↗
3 Mar 2021BRETT SMITHBought 50,000 Fully Paid Ordinary SharesFiling ↗
24 Dec 2019Patrick O'ConnorBought 700,000Filing ↗
23 Dec 2019BRETT SMITHBought 100,000Filing ↗

Cash and runway

MetricValueAs ofSource
CashA$435M30 Sept 2026Filing ↗

Ask about MLX in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has MLX raised money in the last year, and at what discount?
  • What was MLX's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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