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The Meekatharra gold operations

Metals X snaps up Meekatharra assets

Metals X has bought the Meekatharra gold operations for $7.7 million, less than a year after the holding company – a subsidiary of Reed Resources – was placed into the hands of administrators.

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Metals X (MLX)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
257thGold Road Resources38%49%
261stWestern Areas36%-5%
295thPerseus Mining27%-26%
366thMetals X16%10%
749thBeadell Resources-51%-31%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

30/11/17
$0 Issued
30/11/17
$0 Issued
19/09/17
$12k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

15th↑Gold Road Resources$326.6m
16th-Perseus Mining$289.3m
17th↓Metals X$279.8m
18th↑Western Areas$250.5m
19th↑Beadell Resources$250.3m
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Metals X

165thWarren Hallam$614k
307thPaul Hucker$421k
329thFiona van Maanen$393k
Ranked by total remuneration from all listed WA companies

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