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Kidman is selling its non-core Gunga asset so it can focus on its Burbanks and Mt Holland gold projects in WA.

Metals X buys gold project

Metals X has acquired Kidman Resources’ Gunga gold project near Kalgoorlie in a deal worth up to $2.5 million.

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Metals X (MLX)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/19

1 year TSR5 year TSR
59thDoray Minerals54%-15%
327thTribune Resources-11%22%
369thMedusa Mining-18%-28%
692ndMetals X-61%-13%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

14/11/18
$0 Other
14/11/18
$240k Bought
14/11/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

23rd↓Metals X$210.4m
24th↑Tribune Resources$180.5m
26th↓Medusa Mining$168.5m
27th↑Doray Minerals$159.2m
504 listed resources companies ranked by revenue.
Source: Morningstar

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