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C29 Metals Limited (AU:C29)
ASX:C29
C29 Stock Chart & Stats
AU$0.02
>-AU$0.01(-7.50%)
At close: 4:00 PM EST
AU$0.02
>-AU$0.01(-7.50%)
Day’s Range― - ―
52-Week RangeAU$0.01 - AU$0.06
Previous CloseN/A
Volume330.48K
Average Volume (3M)527.94K
Market Cap
AU$5.92M
Enterprise ValueAU$4.90M
Total Cash (Recent Filing)AU$1.05M
Total Debt (Recent Filing)AU$23.90K
Price to Earnings (P/E)―
Beta0.88
Next Earnings
Mar 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding174,188,230
10 Day Avg. Volume518,389
30 Day Avg. Volume527,938
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)<0.01
Price to Sales (P/S)0.74
P/FCF Ratio>-0.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageThe balance sheet shows minimal debt, which materially lowers near-term solvency risk and interest burden. For an exploration company this structural conservatism preserves runway flexibility and reduces creditor constraints over the next several months, aiding financing optionality.
Battery/Critical-Metal FocusC29’s strategic focus on battery and critical metals aligns with multi-year structural demand from electrification and energy storage. This sector positioning improves probability of JV, offtake or buyer interest for discovered resources, supporting durable value capture pathways beyond short-term cycles.
Multiple Monetisation PathwaysThe explorer business model offers several durable routes to monetize discoveries (farm-outs, JV, royalties, project sale, development or equity raises). These repeatable mechanisms increase optionality to fund drilling and realize value even if the company delays full-scale development.
Bears Say
Persistent Cash BurnOperating and free cash flow have been persistently negative and worsened in the latest year, indicating structural cash burn. Over 2-6 months this necessitates external funding or asset monetisation, raising dilution and execution risk for sustained exploration programs.
Widening LossesA materially larger net loss and deeply negative margins in the latest fiscal year show profitability has deteriorated. That persistent unprofitability undermines internal funding capacity for exploration and increases reliance on capital markets or partners over the medium term.
Eroding Equity BaseThe company’s equity has roughly halved year-over-year, reflecting accumulated losses and capital erosion. A shrinking capital base reduces the buffer against future losses, increases refinancing vulnerability, and may constrain ability to fund required exploration without dilutive raises.
C29 Metals Limited News
C29 FAQ
What was C29 Metals Limited’s price range in the past 12 months?
C29 Metals Limited lowest share price was AU$0.01 and its highest was AU$0.06 in the past 12 months.
What is C29 Metals Limited’s market cap?
C29 Metals Limited’s market cap is AU$5.92M.
When is C29 Metals Limited’s upcoming earnings report date?
C29 Metals Limited’s upcoming earnings report date is Mar 18, 2026 which is in 26 days.
How were C29 Metals Limited’s earnings last quarter?
C29 Metals Limited released its earnings results on Sep 26, 2025. The company reported -AU$0.032 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.032.
Is C29 Metals Limited overvalued?
According to Wall Street analysts C29 Metals Limited’s price is currently Overvalued.
Does C29 Metals Limited pay dividends?
C29 Metals Limited does not currently pay dividends.
What is C29 Metals Limited’s EPS estimate?
C29 Metals Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does C29 Metals Limited have?
C29 Metals Limited has 174,188,230 shares outstanding.
What happened to C29 Metals Limited’s price movement after its last earnings report?
C29 Metals Limited reported an EPS of -AU$0.032 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 4.348%.
Which hedge fund is a major shareholder of C29 Metals Limited?
Currently, no hedge funds are holding shares in AU:C29
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
C29 Metals Limited Stock Smart Score
Neutral
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10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-53.52%
12-Months-Change
Fundamentals
Return on Equity
-126.15%
Trailing 12-Months
Asset Growth
-55.86%
Trailing 12-Months
Company Description
C29 Metals Limited
C29 Metals Limited, a mining exploration company, focuses to identify, explore for, and develop copper, gold, and base metal assets in Australia. The company holds 100% interest in the Mayfield project comprising of one exploration licenses covering an area approximately 91 square kilometers located in Queensland. In addition, it owns interests in the Sampson Tank project that includes one granted exploration license covering approximately 93 square kilometers of ground located in New South Wales; and the Reedy Creek project comprising one granted exploration license totaling 40 square kilometers of ground located in New South Wales. The company also holds interests in the Torrens project consisting of two applications for exploration licenses covering approximately 1,700 square kilometers of ground located in South Australia; and the Stadlers project, which comprise one granted exploration license covering approximately 63.2 square kilometers of ground located in Western Australia. C29 Metals Limited was incorporated in 2020 and is based in Subiaco, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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