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29M Stock Chart & Stats
AU$0.24
AU$0.01(4.17%)
At close: 4:00 PM EDT
AU$0.24
AU$0.01(4.17%)
Day’s Range― - ―
52-Week RangeAU$0.22 - AU$0.62
Previous CloseN/A
Volume2.71M
Average Volume (3M)5.46M
Market Cap
AU$576.61M
Enterprise ValueAU$933.06
Total Cash (Recent Filing)AU$102.65M
Total Debt (Recent Filing)AU$246.62M
Price to Earnings (P/E)18.0
Beta2.13
Next Earnings
Aug 31, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.02
Shares Outstanding1,747,291,700
10 Day Avg. Volume5,829,901
30 Day Avg. Volume5,462,630
Financial Highlights & Ratios
PEG Ratio-0.32
Price to Book (P/B)1.88
Price to Sales (P/S)1.48
P/FCF Ratio-11.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.29Price Target Upside20.83% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)-0.05
Revenue Forecast (FY)AU$571.36M
Bulls Say, Bears Say
Bulls Say
Earnings RecoveryThe return to profitability provides a stronger base for operations than the heavy losses recorded in 2023–2024. Although margins remain modest, sustained earnings recovery could improve funding capacity and resilience.
Manageable LeverageModerate and improving leverage gives 29Metals more financial flexibility than a heavily indebted miner. A sizable equity base can help absorb commodity or operating setbacks, although earnings volatility remains a constraint.
Integrated Mining ModelControl across extraction, processing, and concentrate marketing supports operational integration and direct exposure to copper and zinc revenues. The multi-asset portfolio may also diversify production across two Australian operations.
Bears Say
Negative Free Cash FlowPersistently negative free cash flow limits internally funded investment and may increase reliance on financing or stronger operating results. The 2025 deterioration is particularly concerning for sustaining capital and liquidity resilience.
Weak Operating ProfitabilityPositive net income has not yet translated into healthy operating economics. A negative operating margin leaves limited protection against cost inflation, weaker concentrate prices, production problems, or higher treatment and refining charges.
Commodity Cycle ExposureThe earnings profile is structurally exposed to commodity prices and mine execution because revenue and costs vary with grades, recoveries, processing performance, and capital needs. This can produce volatile returns and complicate cash-flow planning.
29metals Ltd. News
29M FAQ
What was 29metals Ltd.’s price range in the past 12 months?
29metals Ltd. lowest share price was AU$0.21 and its highest was AU$0.62 in the past 12 months.
What is 29metals Ltd.’s market cap?
29metals Ltd.’s market cap is AU$576.61M.
When is 29metals Ltd.’s upcoming earnings report date?
29metals Ltd.’s upcoming earnings report date is Aug 31, 2026 which is in 7 days.
How were 29metals Ltd.’s earnings last quarter?
29metals Ltd. released its earnings results on Feb 25, 2026. The company reported -AU$0.02 earnings per share for the quarter, beating the consensus estimate of -AU$0.022 by AU$0.002.
Is 29metals Ltd. overvalued?
According to Wall Street analysts 29metals Ltd.’s price is currently Undervalued.
Does 29metals Ltd. pay dividends?
29metals Ltd. pays a Notavailable dividend of AU$0.017 which represents an annual dividend yield of N/A. See more information on 29metals Ltd. dividends here
What is 29metals Ltd.’s EPS estimate?
29metals Ltd.’s EPS estimate is >-0.01.
How many shares outstanding does 29metals Ltd. have?
29metals Ltd. has 1,747,291,700 shares outstanding.
What happened to 29metals Ltd.’s price movement after its last earnings report?
29metals Ltd. reported an EPS of -AU$0.02 in its last earnings report, beating expectations of -AU$0.022. Following the earnings report the stock price went down -1.19%.
Which hedge fund is a major shareholder of 29metals Ltd.?
Currently, no hedge funds are holding shares in AU:29M
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
29metals Ltd. Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
AU$0.29 (20.83% Upside)
AU$0.29 (20.83% Upside)
Blogger Sentiment
Bullish
AU:29M Sentiment 81%
Sector Average 62%
Sector Average 62%
Insider Transactions
Bought Shares
Worth AU$50.0K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.75%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
0.35%
Trailing 12-Months
Company Description
29metals Ltd.
29Metals Limited is engaged in the exploration, development, and extraction of base and precious metals, with a particular emphasis on copper. The firm actively searches for mineral deposits containing copper, zinc, gold, and silver. Its portfolio of assets includes the Golden Grove property in Western Australia, the Capricorn Copper operation in Queensland, and the Redhill project in southern Chile. Formed in 2021, 29Metals Limited maintains its head office in Melbourne, Australia.
29M Stock 12 Month Forecast
Average Price Target
AU$0.29
▲(20.83% Upside)
Technical Analysis
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