Mark Recklies - Metals X General Manager – Renison Tin Operations

MLXEF Stock  USD 0.26  0.01  4.00%   

Executive

Mark Recklies is General Manager – Renison Tin Operations of Metals X Limited since 2017.
Tenure 7 years
Phone61 8 9220 5700
Webhttps://www.metalsx.com.au

Metals X Management Efficiency

The company has return on total asset (ROA) of 0.2958 % which means that it generated a profit of $0.2958 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.7866 %, meaning that it generated $0.7866 on every $100 dollars invested by stockholders. Metals X's management efficiency ratios could be used to measure how well Metals X manages its routine affairs as well as how well it operates its assets and liabilities.
Metals X Limited has accumulated 3.56 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Metals X Limited has a current ratio of 6.86, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Metals X until it has trouble settling it off, either with new capital or with free cash flow. So, Metals X's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Metals X Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Metals to invest in growth at high rates of return. When we think about Metals X's use of debt, we should always consider it together with cash and equity.
Metals X Limited engages in the production of tin in Australia. Metals X Limited was incorporated in 2004 and is based in South Perth, Australia. Metals X operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. Metals X Limited [MLXEF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Metals X Limited Leadership Team

Elected by the shareholders, the Metals X's board of directors comprises two types of representatives: Metals X inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Metals. The board's role is to monitor Metals X's management team and ensure that shareholders' interests are well served. Metals X's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Metals X's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Recklies, General Manager – Renison Tin Operations
Daniel Broughton, Chief Officer
ACIS BA, Company Sec
Dip Hon, Ex Director

Metals Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Metals X a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Metals Pink Sheet

Metals X financial ratios help investors to determine whether Metals Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Metals with respect to the benefits of owning Metals X security.