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An update from 29metals Ltd. ( (AU:29M) ) is now available.
29Metals Limited reported its September 2025 quarterly results, highlighting a challenging period due to restricted access to high-grade zinc stopes at Golden Grove caused by seismic activity. Despite this, the company maintained its copper production guidance and revised its zinc and precious metals guidance, opting for alternate ore sources. The company also made progress at Capricorn Copper with water level reductions and regulatory approvals for a new tailings storage facility, aiming for a sustainable restart of operations. The company’s liquidity decreased to $168 million, and it continues to focus on safety and sustainability in its operations.
The most recent analyst rating on (AU:29M) stock is a Sell with a A$0.30 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 extraction and production of minerals such as copper, zinc, and precious metals. The company is involved in mining operations at sites like Golden Grove and Capricorn Copper, with a market focus on maintaining sustainable and safe mining practices.
Average Trading Volume: 4,307,249
Technical Sentiment Signal: Buy
Current Market Cap: A$706.2M
For an in-depth examination of 29M stock, go to TipRanks’ Overview page.