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Aditya Birla's Nifty copper mine in the Great Sandy Desert.

Metals X gains ground on Aditya

Metals X has once again stepped up its pursuit of Aditya Birla Minerals, announcing today that its off-market $68 million takeover offer is now unconditional, with a quarter of Aditya shareholders already accepting the offer.

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Metals X (MLX)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
289thMedusa Mining-7%-28%
445thCI Resources-30%12%
454thFinders Resources-31%-5%
674thMetals X-59%-7%
716 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

22nd↑Finders Resources$224.1m
23rd↓Metals X$210.4m
25th↓CI Resources$175.5m
26th↓Medusa Mining$168.5m
513 listed resources companies ranked by revenue.
Source: Morningstar

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