ASX:29MMetals and Mining
29Metals (ASX:29M) Swings To A$35 Million Profit And Tests Bullish Turnaround Narrative
29Metals (ASX:29M) has kicked off FY 2025 with first half revenue of A$271.0 million and basic EPS of A$0.026, with trailing twelve month revenue at A$566.6 million and EPS at A$0.018 as the business shifts back into profit on a full year basis. Over the past year, the company has seen revenue move from A$551.1 million to A$566.6 million on a trailing basis, while net income has turned from a A$177.6 million loss to a A$24.2 million profit. This signals a clear reset in earnings power and...