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29Metals Limited Stock Price

ASX:29M Community·AU$651.4m Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 31 Fair Values set on narratives written by author
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29M Share Price Performance

AU$0.49
-0.02 (-3.88%)
24.6% overvalued intrinsic discount
AU$0.40
Fair Value
AU$0.49
-0.02 (-3.88%)
23.7% overvalued intrinsic discount
AU$0.40
Fair Value
Price AU$0.49
AnalystHighTarget AU$0.40
AnalystConsensusTarget AU$0.30
AnalystLowTarget AU$0.16

29M Community Narratives

AnalystHighTarget·Updated
Fair Value AU$0.4 24.6% overvalued intrinsic discount

Capricorn And Golden Grove Will Revitalize Secular Copper Markets

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AnalystConsensusTarget·Updated
Fair Value AU$0.3 62.6% overvalued intrinsic discount

Global Electrification Will Increase Copper Demand Despite Setbacks

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AnalystLowTarget·Updated
Fair Value AU$0.16 211.5% overvalued intrinsic discount

Rising Costs And Tough ESG Rules Will Burden Copper Mining

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Recent 29M News & Updates

29Metals Limited (ASX:29M) Held Back By Insufficient Growth Even After Shares Climb 36%

Sep 03
29Metals Limited (ASX:29M) Held Back By Insufficient Growth Even After Shares Climb 36%

29Metals Limited (ASX:29M) Held Back By Insufficient Growth Even After Shares Climb 28%

Jul 07
29Metals Limited (ASX:29M) Held Back By Insufficient Growth Even After Shares Climb 28%

29Metals Limited's (ASX:29M) Shares Bounce 41% But Its Business Still Trails The Industry

May 23
29Metals Limited's (ASX:29M) Shares Bounce 41% But Its Business Still Trails The Industry

29Metals Limited Key Details

AU$579.0m

Revenue

AU$535.6m

Cost of Revenue

AU$43.4m

Gross Profit

AU$76.5m

Other Expenses

-AU$33.1m

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
Oct 14, 2025
Earnings per share (EPS)
-0.024
Gross Margin
7.50%
Net Profit Margin
-5.72%
Debt/Equity Ratio
44.6%

29Metals Limited Competitors

 
 
 
 
 
 
 
 
 
 
 
 
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Snowflake Analysis

Undervalued with reasonable growth potential.

1 Risk
3 Rewards
View Full Analysis

About 29M

Founded
2021
Employees
n/a
CEO
James Palmer
WebsiteView website
www.29metals.com

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 primarily 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.

Market Insight

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✨Rare Earths: Tiny Market, Outsized Influence

Richard Bowman avatarRichard Bowman
Rare earths may be a sliver of the global metals market, but they punch far above their weight. These obscure elements are the invisible wiring of modern life.
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Australian Market Performance

  • 7 Days: 2.3%
  • 3 Months: 5.5%
  • 1 Year: 10.1%
  • Year to Date: 9.7%
Over the last 7 days, the market has risen 2.3%, driven by gains of 2.9% in the Financials sector. The market is up 10% over the last 12 months. Earnings are forecast to grow by 11% annually. Market details ›