Metals X chief executive Peter Cook (left) with executive director Warren Hallam. Photo: Attila Csaszar

Metals X confirms $115m raising, gold spin-out

Diversified miner Metals X has confirmed a $115.6 million capital raising and plans to demerge its gold assets into a new company, which will be led by existing chief executive Peter Cook.


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Metals X (MLX)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
248thWestern Areas38%-3%
371stMetals X7%10%
444thBase Resources-2%-4%
622ndRamelius Resources-32%6%
759thBeadell Resources-60%-32%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Issued
$0 Issued
$12k Issued
Total value as at the date of the transaction
Source: Morningstar


17th↓Metals X$279.8m
18th↑Western Areas$250.5m
19th↑Beadell Resources$250.3m
21st↑Base Resources$215.5m
22nd↑Ramelius Resources$199.1m
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Metals X

163rdWarren Hallam$614k
302ndPaul Hucker$421k
324thFiona van Maanen$393k
Ranked by total remuneration from all listed WA companies

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