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29M Stock Chart & Stats
AU$0.23
>-AU$0.01(-2.17%)
At close: 4:00 PM EST
AU$0.23
>-AU$0.01(-2.17%)
Day’s Range― - ―
52-Week RangeAU$0.22 - AU$0.62
Previous CloseN/A
Volume4.58M
Average Volume (3M)5.46M
Market Cap
AU$401.88M
Enterprise ValueAU$933.06
Total Cash (Recent Filing)AU$102.65M
Total Debt (Recent Filing)AU$246.62M
Price to Earnings (P/E)12.0
Beta1.90
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 Upside26.09% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)-0.05
Revenue Forecast (FY)AU$538.90M
Bulls Say, Bears Say
Bulls Say
Earnings RecoveryReturning to positive net income in 2025 indicates the company can generate accounting profits after recent losses. This improves its ability to service debt, retain earnings for reinvestment, and reduces existential risk versus prolonged loss-making, strengthening medium-term financial resilience.
Manageable LeverageA debt-to-equity ratio around 0.62, improving year-over-year, suggests capital structure headroom relative to peers. Modest leverage preserves flexibility to fund sustaining capex or development activity without immediate refinancing stress, aiding durability through commodity cycles.
Asset Base & Growth OptionalityOwnership of a producing asset (Golden Grove) plus a development-stage project (Capricorn Copper) provides both current cash-generation and optional upside from project advancement. This mix diversifies production and offers structural growth potential if development milestones are achieved.
Bears Say
Persistent Negative Free Cash FlowRepeated negative free cash flow, including a sharp 2025 deterioration, signals that operating cash generation is insufficient to cover sustaining and investment spending. This creates reliance on external funding, constrains discretionary investment, and raises liquidity risk in prolonged downturns.
Pressure On Operating MarginsA negative operating margin despite a modest positive net margin indicates core operations struggle to cover operating costs. That exposes earnings to commodity price swings and cost inflation, reducing margin resilience and limiting durable cash conversion even when headline net income briefly improves.
Earnings VolatilityWide swings from deep losses to modest profits create unpredictable returns and complicate planning. Volatility impairs balance-sheet stability, makes capital allocation and forecasting harder, and raises refinancing or covenant risk if adverse commodity cycles recur.
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$401.88M.
When is 29metals Ltd.’s upcoming earnings report date?
29metals Ltd.’s upcoming earnings report date is Aug 31, 2026 which is in 44 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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10
Analyst Consensus
Hold
Average Price Target:
AU$0.29 (26.09% Upside)
AU$0.29 (26.09% Upside)
Blogger Sentiment
Bullish
AU:29M Sentiment 82%
Sector Average 72%
Sector Average 72%
Insider Transactions
Bought Shares
Worth AU$301.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.75%
12-Months-Change
Fundamentals
Return on Equity
5.36%
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
▲(26.09% Upside)
Technical Analysis
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