29metals Ltd. ( (AU:29M) ) has provided an update.
29Metals Limited reported its March 2025 quarterly results, highlighting a significant reduction in C1 costs at Golden Grove, emphasizing the asset’s quality and ongoing infrastructure investments. The company achieved zero recordable or lost time injuries, indicating a strong safety performance. At Capricorn Copper, progress was made in water management, improving the asset’s compliance footing and advancing towards a sustainable restart of operations. Financially, the company completed senior debt refinancing and maintained its guidance, despite a decrease in available liquidity.
More about 29metals Ltd.
29Metals Limited operates in the mining industry, focusing on the extraction and production of copper, zinc, gold, and silver. The company is involved in projects such as Golden Grove and Capricorn Copper, with a market focus on enhancing its asset quality and operational efficiency.
YTD Price Performance: -38.78%
Average Trading Volume: 3,974,381
Technical Sentiment Signal: Buy
Current Market Cap: A$205.6M
Learn more about 29M stock on TipRanks’ Stock Analysis page.