Metals X (ASX:MLX) Stock Crosses Above 50-Day Moving Average of $0.21

Metals X Limited (ASX:MLX)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.21 and traded as high as $0.24. Metals X shares last traded at $0.23, with a volume of 5,491,087 shares trading hands.

The company has a debt-to-equity ratio of 9.21, a current ratio of 1.99 and a quick ratio of 0.73. The firm has a market cap of $155.04 million and a price-to-earnings ratio of -1.31. The company has a fifty day moving average price of A$0.21 and a two-hundred day moving average price of A$0.25.

Metals X Company Profile (ASX:MLX)

Metals X Limited engages in the operation of tin and copper mines in Australia. The company is also involved in the exploration and development of base metals projects. It operates through Renison Tin Operations, Nifty Copper Operations, Maroochydore Copper Project, and Wingellina Nickel Project segments.

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