29Metals Ltd (29M)

Currency in AUD
0.250
-0.005(-1.96%)
Closed·
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Fair Value
Day's Range
0.2500.265
52 wk Range
0.1450.675
Key Statistics
Bid/Ask
0.25 / 0.255
Prev. Close
0.255
Open
0.25
Day's Range
0.25-0.265
52 wk Range
0.145-0.675
Volume
4.4M
Average Volume (3m)
8.06M
1-Year Change
72.4138%
Fair Value
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Fair Value Upside
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29M Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
0.298
Upside
+19.37%
Members' Sentiments
Bearish
Bullish
ProTips
Stock has taken a big hit over the last week

29Metals Ltd News & Analysis

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Technical Analysis

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

Analyst Ratings

0 Buy
6 Hold
1 Sell
Ratings:
7 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 0.298
(+19.37% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
RBC Capital
Hold0.50+100.00%0.40Maintain11-03-2026
RBC Capital
Hold0.40+60.00%0.55Maintain21-01-2026
RBC Capital
Hold0.50+100.00%0.35Maintain10-12-2025
Jefferies
Hold0.40+60.00%-Upgrade16-10-2025
RBC Capital
Hold0.35+40.00%0.40Maintain16-10-2025

29Metals Ltd Earnings Call Summary for Q1/2026

  • Q1 2026 revenue rose to AUD 165M (+AUD 28M QoQ) driven by copper output of 6.4kt exceeding guidance; stock gained 4.55%
  • Strong liquidity position of AUD 238M maintained; Golden Grove generated AUD 10M free cash flow with stable site costs at AUD 97M
  • FY2026-27 guidance: EPS of -0.03 USD and 0.03 USD respectively; revenue targets USD 380.45M and USD 510.54M
  • Seismic impacts at Xantho Extended may delay production; new access development expected complete by December quarter
  • Strategic focus on developing new ore sources at Golden Grove and Capricorn Copper; regulatory approvals pending for restart
Last Updated: 29-04-2026, 06:44 am
Read Full Transcript

Earnings

Latest Release
28-04-2026
EPS / Forecast
-- / --
Revenue / Forecast
165M / --
EPS Revisions
Last 90 days

29M Income Statement

Compare 29M to Peers and Sector

Metrics to compare
29M
Peers
Sector
Relationship
P/E Ratio
18.5x17.5x3.2x
PEG Ratio
0.170.230.00
Price/Book
1.0x2.6x1.6x
Price / LTM Sales
0.8x3.3x1.3x
Upside (Analyst Target)
3.1%33.9%31.6%
Fair Value Upside
Unlock3.6%−0.1%Unlock

29Metals Limited operates as a copper-focused base and precious metals mining company in Australia and Chile. The company explores copper, gold, silver, zinc, and lead deposits. It is also involved in base and precious metals mining, mineral production, and associated activities; exploration for mineral resources; and Cervantes, and Gossan Valley projects. Its primary assets include the Golden Grove property covering an area of approximately 129 square kilometers located in Western Australia; the Capricorn Copper property covering an area of approximately 1,900 square kilometers situated in Queensland; and Redhill property covering an area of approximately 227 square kilometers. 29Metals Limited was incorporated in 2021 and is headquartered in Melbourne, Australia.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
318.52M18.20%81.22M
Other Institutional Investors
886.22M50.64%225.99M
Public Companies & Retail Investors
545.26M31.16%139.04M
Total
1.75B100.00%446.25M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
PT Buma Internasional Grup Tbk21.64%37,86,48,84996,555
EMR Capital Advisors Pty Ltd.12.28%21,49,87,20954,822

FAQ

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

The 29Metals share price today is 0.250.

What is the current 29Metals (29M) share price and day range?

As of 20-05-2026, the 29Metals share price is 0.250, with a previous close of 0.255. The share price has ranged from 0.250 to 0.265 today, while the 52-week range spans from 0.145 to 0.675.

What Is the 29Metals Market Cap?

As of today, 29Metals market cap is 446.270M.

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

The average 12-month share price target for 29Metals is 0.298, with a high estimate of 0.45185811 and a low estimate of 0.25056306. 0 analysts recommend buying, while 1 suggest selling, with an overall rating of Neutral and +19.37% Upside potential.

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

The 29Metals EPS (TTM) is 0.017.

When Is the Next 29Metals Earnings Date?

29Metals will release its next earnings report on 31-08-2026.

From a Technical Analysis Perspective, Is 29M a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

What Stock Exchange Does 29Metals Trade On?

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

What Is the Stock Symbol for 29Metals?

The stock symbol for 29Metals is "29M."

How Many Times Has 29Metals Stock Split?

29Metals has split 0 times.
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