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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)3.40M
Market Cap
AU$541.66M
Enterprise ValueAU$479.66M
Total Cash (Recent Filing)AU$187.55M
Total Debt (Recent Filing)AU$238.89M
Price to Earnings (P/E)―
Beta1.92
Next Earnings
Feb 25, 2027EPS Estimate
-0.03Next Dividend Ex-DateN/A
Dividend Yield0.93%
Share Statistics
EPS (TTM)-0.03
Shares Outstanding1,747,291,700
10 Day Avg. Volume2,626,771
30 Day Avg. Volume3,396,703
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 Upside5.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)-0.04
Revenue Forecast (FY)AU$572.39M
Bulls Say, Bears Say
Bulls Say
Earnings RecoveryThe return to positive net income marks a meaningful improvement from the heavy losses recorded in 2023–2024. Although profitability remains modest, the recovery provides a stronger base for operations and could support improved financial resilience if operating performance continues to stabilize.
Manageable LeverageModerate and improving leverage gives 29Metals more balance-sheet capacity than a highly indebted miner would have. Sizable equity relative to assets can help absorb commodity or operating volatility and preserve flexibility for sustaining investment over the next several quarters.
Positive Operating Cash FlowPositive operating cash flow in the latest two reported years shows that the mines are generating cash from their core activities, despite weak free cash flow. This underlying cash contribution can help fund operations and partially offset the company’s substantial investment requirements.
Bears Say
Persistent Negative Free Cash FlowRepeated negative free cash flow indicates that operating cash generation has not covered sustaining or investment needs across multiple years. The sharp 2025 deterioration raises the risk that 29Metals may need stronger operating performance or external funding to maintain financial flexibility.
Pressed Operating ProfitabilityA negative operating margin means the core mining and processing activities are still not producing adequate operating profit, even after the reported earnings recovery. This weakens margin durability and leaves results vulnerable if costs rise or operating conditions deteriorate.
Commodity And Revenue VolatilityRevenue and earnings depend on copper and zinc prices as well as mined tonnage, ore grades, recoveries, plant performance, and costs. This combination creates structural earnings volatility, making sustained growth and cash generation less predictable across commodity cycles.
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$541.66M.
When is 29metals Ltd.’s upcoming earnings report date?
29metals Ltd.’s upcoming earnings report date is Feb 25, 2027 which is in 126 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 -0.03.
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 (5.56% Upside)
AU$0.38 (5.56% Upside)
Blogger Sentiment
Bullish
AU:29M Sentiment 75%
Sector Average 68%
Sector Average 68%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-17.98%
12-Months-Change
Fundamentals
Return on Equity
-9.19%
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
▲(5.56% Upside)
Technical Analysis
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