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The latest update is out from 29metals Ltd. ( (AU:29M) ).
29Metals Ltd. reported a mixed performance for the June 2025 quarter, with improvements in safety metrics and copper production at Golden Grove, but a decline in zinc output. The company has revised its growth capital guidance downwards, reflecting deferred capital expenditures, and has made progress in project approvals at Gossan Valley, which is expected to enhance production flexibility. At Capricorn Copper, the successful conclusion of the wet season has improved operational compliance, and the company is progressing towards a sustainable restart of operations.
The most recent analyst rating on (AU:29M) stock is a Buy with a A$0.49 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 Ltd. operates in the mining industry, focusing primarily on the extraction and production of copper and zinc. The company is involved in projects such as Golden Grove and Capricorn Copper, with a market focus on enhancing production efficiency and sustainability.
Average Trading Volume: 4,690,168
Technical Sentiment Signal: Buy
Current Market Cap: A$473.1M
For detailed information about 29M stock, go to TipRanks’ Stock Analysis page.