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29M Stock Chart & Stats
AU$0.36
AU$0.01(4.17%)
At close: 4:00 PM EDT
AU$0.36
AU$0.01(4.17%)
Day’s Range― - ―
52-Week RangeAU$0.22 - AU$0.62
Previous CloseN/A
Volume2.71M
Average Volume (3M)4.35M
Market Cap
AU$602.82M
Enterprise ValueAU$479.66
Total Cash (Recent Filing)AU$187.55M
Total Debt (Recent Filing)AU$238.89M
Price to Earnings (P/E)―
Beta1.99
Next Earnings
Feb 25, 2027Next Dividend Ex-DateN/A
Dividend Yield0.93%
Share Statistics
EPS (TTM)-0.03
Shares Outstanding1,747,291,700
10 Day Avg. Volume4,097,083
30 Day Avg. Volume4,347,554
Financial Highlights & Ratios
PEG Ratio-0.33
Price to Book (P/B)1.91
Price to Sales (P/S)1.51
P/FCF Ratio-11.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.38Price Target Upside4.37% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)-0.04
Revenue Forecast (FY)AU$565.20M
Bulls Say, Bears Say
Bulls Say
Earnings RecoveryThe return to positive earnings marks a meaningful recovery from the heavy losses recorded in 2023–2024. Although profitability remains modest, restored earnings provide a stronger base for operating continuity and could support improved financial resilience if performance is sustained.
Manageable LeverageModerate and declining leverage gives 29Metals more balance-sheet flexibility than a highly indebted miner. Sizable equity relative to assets can help absorb commodity or operating volatility and preserve options for sustaining investment as conditions change.
Integrated Base-metals PlatformOwnership of operating copper and zinc assets across mining and processing provides an established platform for generating concentrate sales. Exposure to two base metals and associated by-products can broaden the revenue base while operational capabilities support ongoing production.
Bears Say
Persistent Negative Free Cash FlowRepeated negative free cash flow indicates that operating cash generation has not covered investment and other cash requirements over multiple periods. The sharp 2025 deterioration raises the risk that liquidity and future growth may depend on stronger operations or external funding.
Operating Margin PressureA negative operating margin means the core mining and processing activities remain under pressure even after reported earnings recovered. This weakens the durability of profits and leaves results exposed to adverse movements in commodity prices, grades, recoveries or costs.
Earnings And Revenue VolatilityLarge swings in returns and inconsistent revenue growth show that financial performance has not yet become stable. Such volatility can complicate planning, constrain balance-sheet flexibility, and make sustained profitability dependent on favorable operating and pricing conditions.
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$602.82M.
When is 29metals Ltd.’s upcoming earnings report date?
29metals Ltd.’s upcoming earnings report date is Feb 25, 2027 which is in 158 days.
How were 29metals Ltd.’s earnings last quarter?
29metals Ltd. released its earnings results on Aug 26, 2026. The company reported -AU$0.021 earnings per share for the quarter, missing the consensus estimate of -AU$0.002 by -AU$0.019.
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 0.93%. See more information on 29metals Ltd. dividends here
What is 29metals Ltd.’s EPS estimate?
29metals Ltd.’s EPS estimate is 0.
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$0.021 in its last earnings report, missing expectations of -AU$0.002. Following the earnings report the stock price went down -5.556%.
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
Moderate Buy
Average Price Target:
AU$0.38 (4.37% Upside)
AU$0.38 (4.37% Upside)
Blogger Sentiment
Bullish
AU:29M Sentiment 77%
Sector Average 66%
Sector Average 66%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-15.89%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
9.41%
Trailing 12-Months
Learn more about TipRanks Smart Score
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$0.38
▲(4.37% Upside)
Technical Analysis
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