Outstanding top line growth: Metals X Ltd (ASX: MLX) stock fell over 1.85% on March 10, 2017 leading to a total decline of over 9% in the last five days alone. The group reported an outstanding revenue rise to $128 million in the half year ended at December 2016 as compared to $36.4 million in the prior corresponding period. Net profit after tax surged to $145.2 million during the period from $0.8 million in half year ended at 2015. The group demerged the gold division and this was finished in the last quarter of 2016, to enhance their focus on base metals. The group also has a solid balance sheet and has no debt with a cash and working capital of $115 million.
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