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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)3.68M
Market Cap
AU$663.97M
Enterprise ValueAU$479.66
Total Cash (Recent Filing)AU$187.55M
Total Debt (Recent Filing)AU$238.89M
Price to Earnings (P/E)―
Beta2.14
Next Earnings
Feb 25, 2027Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding1,747,291,700
10 Day Avg. Volume3,934,666
30 Day Avg. Volume3,682,812
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$0.38Price Target Upside4.37% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)-0.04
Revenue Forecast (FY)AU$566.62M
Bulls Say, Bears Say
Bulls Say
Diversified Copper And Zinc OperationsOperating across two base-metal assets and selling both copper and zinc concentrates provides product and asset diversification. This can support resilience over the medium term, although results remain exposed to commodity prices and mine performance.
Return To Positive Net IncomeThe return to profitability after heavy losses in 2023–2024 indicates that operating conditions or earnings drivers have improved. Sustaining positive earnings would strengthen internal funding capacity and improve financial flexibility over the next several quarters.
Manageable LeverageModerate and declining leverage gives the company a reasonable balance-sheet base for maintaining operations and funding requirements. This provides some protection against commodity or production weakness, even though earnings volatility can still reduce flexibility.
Bears Say
Persistently Negative Free Cash FlowRepeated negative free cash flow indicates that operating cash generation has not covered sustaining investment and other funding needs. Continued cash deficits could increase reliance on financing or asset performance improvements, limiting resilience over the medium term.
Pressed Operating ProfitabilityA negative operating margin suggests that core mining and processing economics remain fragile even after the return to net profit. This limits earnings quality and leaves results vulnerable to weaker metal prices, higher costs, or operational disruptions.
Inconsistent Revenue And EarningsUneven revenue performance and large swings in returns indicate material sensitivity to pricing, production, costs, and operational conditions. This volatility makes forward cash generation less predictable and can constrain investment and balance-sheet 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$663.97M.
When is 29metals Ltd.’s upcoming earnings report date?
29metals Ltd.’s upcoming earnings report date is Feb 25, 2027 which is in 176 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 N/A. 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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10
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 79%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
24.59%
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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