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29M logo

29Metals Limited Stock Price

ASX:29M Community·AU$630.0m Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 48 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

29M Share Price Performance

AU$0
-0.45 (-100.00%)
​
AU$0.38
Fair Value
AU$0
-0.45 (-100.00%)
​
Price AU$0
Thu, 3 Sep 26
Fair ValueAU$0.38
Share Pricen/a

29M Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value AU$0.38 4.5% undervalued intrinsic discount

29M: Lower Revenue Outlook And Higher P/E Will Pressure Future Returns

0users have liked this narrative
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22users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value AU$0.43 15.6% undervalued intrinsic discount

Capricorn And Golden Grove Will Revitalize Secular Copper Markets

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0users have commented on this narrative
2users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget's
Fair Value
·
Fair Value AU$0.25 44.2% overvalued intrinsic discount

Rising Costs And Tough ESG Rules Will Burden Copper Mining

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
29M logo
29Metals
4.5% undervalued intrinsic discount

29M: Lower Revenue Outlook And Higher P/E Will Pressure Future Returns

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AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 3 Sep
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29M logo
29Metals
15.6% undervalued intrinsic discount

Capricorn And Golden Grove Will Revitalize Secular Copper Markets

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AN
AnalystHighTarget
AnalystHighTarget
Updated 7 Jul
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29M logo
29Metals
44.2% overvalued intrinsic discount

Rising Costs And Tough ESG Rules Will Burden Copper Mining

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AN
AnalystLowTarget
AnalystLowTarget
Updated 7 Jun
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Trending Discussion

No trending discussion available.

Recently Updated Narratives

AN
AnalystConsensusTarget
29M logo

29M: Updated Production And Margin Assumptions Will Shape Future Earnings Profile

Fair Value: AU$0.38 4.5% undervalued intrinsic discount
22 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
29M logo

29M: Future Rebound Case Will Hinge On Macquarie Downgrade Reassessment

Fair Value: AU$0.43 15.6% undervalued intrinsic discount
2 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystLowTarget
29M logo

29M: Macquarie Downgrade And Higher Discount Rate Will Shape Balanced Outlook

Fair Value: AU$0.25 44.2% overvalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
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Snowflake Analysis

Reasonable growth potential and fair value.

1 Risk
2 Rewards
View Full Analysis

29Metals Limited Key Details

AU$600.5m

Revenue

AU$530.0m

Cost of Revenue

AU$70.5m

Gross Profit

AU$116.5m

Other Expenses

-AU$46.0m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
-0.026
11.74%
-7.66%
29.9%
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 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.

Recent 29M News & Updates

User avatar
Narrative Update • Sep 03

29M: Updated Production And Margin Assumptions Will Shape Future Earnings Profile

Analysts have lifted their price target on 29Metals, reflecting updated assumptions for fair value, revenue growth, profit margins and future P/E. The new target implies a higher assessed valuation in A$ terms than before.
User avatar
Narrative Update • Jul 07

29M: Future Rebound Case Will Hinge On Macquarie Downgrade Reassessment

The analyst price target for 29Metals has been revised from A$0.50 to A$0.43. Analysts cite updated views on fair value, discount rate, revenue growth, profit margin and future P/E, alongside recent research such as the Macquarie downgrade.

Recent updates

No updates

29Metals Limited Competitors

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