Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
29metals Ltd. ( (AU:29M) ) has shared an update.
29Metals Limited has reported a strong financial performance for the first half of 2025, with a 12% increase in revenue to $271 million and a significant improvement in EBITDA to $113 million. The company has also reduced its debt by $59 million, enhancing its liquidity position to $202 million. These results reflect improved operational efficiency and strategic investments, particularly at Golden Grove and Capricorn Copper, positioning 29Metals for continued growth and operational flexibility.
The most recent analyst rating on (AU:29M) stock is a Hold with a A$0.50 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 is a company operating in the mining industry, primarily focused on the extraction and production of copper and zinc. The company is listed on the Australian Securities Exchange and is involved in mining operations at sites such as Golden Grove and Capricorn Copper.
Average Trading Volume: 3,751,538
Technical Sentiment Signal: Sell
Current Market Cap: A$349.7M
Find detailed analytics on 29M stock on TipRanks’ Stock Analysis page.