29Metals Ltd (29M)

Currency in AUD
0.605
-0.010(-1.63%)
Closed·
29M is included in our AI-picked strategies. See how they work
Fair Value
Day's Range
0.5950.630
52 wk Range
0.1050.675
Key Statistics
Bid/Ask
0.60 / 0.605
Prev. Close
0.615
Open
0.63
Day's Range
0.595-0.63
52 wk Range
0.105-0.675
Volume
5.35M
Average Volume (3m)
3.7M
1-Year Change
175%
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
29M Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
0.469
Downside
-22.42%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts do not anticipate the company will be profitable this year

29Metals Ltd News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

29Metals Company Profile

29Metals Limited operates as a copper-focused base and precious metals mining company in Australia and Chile. The company explores for copper, gold, silver, zinc, lead, and cobalt deposits. Its primary assets include the Golden Grove property covering an area of approximately 129 square kilometers located in Western Australia; and the Capricorn Copper property covering an area of approximately 1,900 square kilometers situated in Queensland. 29Metals Limited was incorporated in 2021 and is headquartered in Melbourne, Australia.

29Metals Ltd Earnings Call Summary for Q3/2025

  • Gross revenue increased to $155 million, up $14 million from previous quarter, driven by lead concentrate sales
  • Stock price plunged 21.23% to $0.417 due to operational setbacks, including seismic events at Xantho Extended mine
  • Copper production guidance maintained for 2025, but zinc and precious metals outlook revised downward
  • Xantho Extended mine faces 6-month rehabilitation; Capricorn Copper operations suspended due to water level issues
  • Gotham Valley project progressing, with first ore expected in H2 2026; company pursuing permits for new tailings storage facility
Last Updated: 15/10/2025, 02:58
Read Full Transcript

Compare 29M to Peers and Sector

Metrics to compare
29M
Peers
Sector
Relationship
P/E Ratio
−25.1x−10.5x1.8x
PEG Ratio
−0.270.010.00
Price/Book
1.8x3.0x1.6x
Price / LTM Sales
1.4x5.8x1.4x
Upside (Analyst Target)
−25.5%20.8%16.0%
Fair Value Upside
Unlock−6.9%−2.8%Unlock

Analyst Ratings

1 Buy
2 Hold
3 Sell
Ratings:
6 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 0.469
(-22.42% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
RBC Capital
Hold0.50-17.36%0.35Maintain10/12/2025
Jefferies
Hold0.40-33.88%-Upgrade16/10/2025
RBC Capital
Hold0.35-42.15%0.40Maintain16/10/2025
Canaccord Genuity
Sell0.25-58.68%0.30Maintain15/10/2025
Jefferies
Sell0.40-33.88%0.30Downgrade06/10/2025

Earnings

Latest Release
Oct 14, 2025
EPS / Forecast
-- / --
Revenue / Forecast
154.50M / 151.00M
EPS Revisions
Last 90 days

People Also Watch

4.18
KLS
-1.65%
7.07
GNP
+2.76%
9.77
DTL
+1.45%
3.50
RPL
+0.86%

FAQ

What Is the 29Metals (29M) Share Price Today?

The live 29Metals share price today is 0.605

What Stock Exchange Does 29Metals (29M) Trade On?

29Metals is listed and trades on the Sydney Stock Exchange.

What Is the Ticker (Stock Symbol) for 29Metals?

The stock symbol (also called a 'ticker') for 29Metals is "29M."

What Is the Current 29Metals Market Cap?

As of today, 29Metals market capitalisation is 830.26M.

What Is 29Metals's (29M) Earnings Per Share (TTM)?

The 29Metals EPS is currently -0.03 (Trailing Twelve Months).

When Is the Next 29Metals Earnings Date?

29Metals's next earnings report will be released on 19 Feb 2026.

Is 29M a Buy or Sell From a Technical Analyst Perspective?

Based on today's 29Metals moving averages and other technical indicators, the daily buy/sell signal is Buy.

How Many Times Has 29Metals Stock Split?

29Metals has split 0 times. (See the 29M stock split history page for full effective split date and price information.)

What is the current trading status of 29Metals (29M)?

As of 17 Jan 2026, 29Metals (29M) is trading at a price of 0.605, with a previous close of 0.615. The stock has fluctuated within a day range of 0.595 to 0.630, while its 52-week range spans from 0.105 to 0.675.

What Is 29Metals (29M) Price Target According to Analysts?

The average 12-month price target for 29Metals is AUD0.46935508, with a high estimate of AUD0.59404459 and a low estimate of AUD0.27382912. 1 analysts recommend buying the stock, while 3 suggest selling, leading to an overall rating of Neutral. The stock has an -22.42% Downside potential.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.