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29metals Ltd. ( (AU:29M) ) has shared an update.
29Metals Limited announced a significant change in its Board of Directors, with Nick Cernotta appointed as Deputy Chair and set to become Board Chair following the 2026 AGM. This transition is part of the company’s strategy to leverage Cernotta’s extensive experience in mining operations to advance its growth objectives. Additionally, BUMA, a major shareholder, plans to nominate a second Non-executive Director to the board, reflecting its increased commitment to 29Metals. These changes are expected to strengthen the company’s governance and support its operational and strategic goals.
The most recent analyst rating on (AU:29M) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on 29metals Ltd. stock, see the AU:29M Stock Forecast page.
More about 29metals Ltd.
29Metals Limited operates in the mining industry, focusing on the development and operation of large surface and underground resource projects. The company is known for its portfolio assets, including Gossan Valley and Capricorn Copper, which are central to its growth objectives.
Average Trading Volume: 4,138,550
Technical Sentiment Signal: Hold
Current Market Cap: A$576.4M
Find detailed analytics on 29M stock on TipRanks’ Stock Analysis page.