How does C29's PB Ratio compare to its peers?

C29 is expensive based on its Price-To-Book Ratio (2.5x) compared to the peer average (1.2x).

How does C29's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

C29 is expensive based on its Price-To-Book Ratio (2.5x) compared to the Australian Metals and Mining industry average (1.1x).

What is C29's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate C29's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of C29 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate C29's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

C29 Metals (ASX:C29) - Stock Price, News & Analysis

C29 Stock Overview

Engages in the exploration of mineral properties in Australia. More details

C29 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Shareholders have been substantially diluted in the past year

Revenue has declined by 100% over the past year

Makes less than USD$1m in revenue (A$0)

Volatile share price over the past 3 months compared to the Australian market

+ 1 more risk

C29 Metals Limited Competitors

Cyclone Metals

ASX:CLE

AU$15.9m

XTC Lithium

ASX:XTC

AU$17.5m

Avenira

ASX:AEV

AU$29.7m

Lefroy Exploration

ASX:LEX

AU$17.9m

Price History & Performance

Summary of all time highs, changes and price drops for C29 Metals
Historical stock prices
Current Share Price	AU$0.10
52 Week High	AU$0.13
52 Week Low	AU$0.06
Beta	0.95
11 Month Change	41.89%
3 Month Change	41.89%
1 Year Change	14.13%
33 Year Change	-41.67%
5 Year Change	n/a
Change since IPO	-47.50%

Recent updates

Shareholder Returns

	C29	AU Metals and Mining	AU Market
7D	0%	0.1%	1.2%
1Y	14.1%	-9.9%	19.7%

Return vs Industry: C29 exceeded the Australian Metals and Mining industry which returned -9.9% over the past year.

Return vs Market: C29 underperformed the Australian Market which returned 19.7% over the past year.

Price Volatility

Is C29's price volatile compared to industry and market?
C29 volatility
C29 Average Weekly Movement	12.7%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: C29's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: C29's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2020	n/a	Shannon Green	www.c29metals.com.au

C29 Metals Limited engages in the exploration of mineral properties in Australia. It explores for copper, gold, and lithium deposits. The company was incorporated in 2020 and is based in West Perth, Australia.

C29 Metals Limited Fundamentals Summary

How do C29 Metals's earnings and revenue compare to its market cap?
C29 fundamental statistics
Market cap	AU$18.29m
Earnings (TTM)	-AU$3.42m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-5.3x

P/E Ratio

Is C29 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
C29 income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$3.42m
Earnings	-AU$3.42m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.02
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.2%

How did C29 perform over the long term?

See historical performance and comparison

C29 Stock Overview

Risk Analysis

C29 Metals Limited Competitors

ASX:CLE

AU$15.9m

ASX:XTC

AU$17.5m

ASX:AEV

AU$29.7m

ASX:LEX

AU$17.9m

Price History & Performance

Recent News & Updates

New minor risk - Share price stability

C29 Metals Limited, Annual General Meeting, Nov 27, 2024

C29 Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.45 million.

C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.45 million.

New major risk - Financial position

New major risk - Shareholder dilution

Recent updates

New minor risk - Share price stability

C29 Metals Limited, Annual General Meeting, Nov 27, 2024

C29 Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.45 million.

C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.45 million.

New major risk - Financial position

New major risk - Shareholder dilution

New minor risk - Share price stability

C29 Metals Limited Announces the Appointment of Ailsa Osborne as Chief Financial Officer

C29 Metals Limited has filed a Follow-on Equity Offering.

New major risk - Financial position

C29 Metals Limited, Annual General Meeting, Nov 17, 2023

C29 Metals Limited Provides an Update on Mayfield Copper-Gold Exploration Project

C29 Metals Limited Announces Pocitos 7 Ddh1 Intercepts +30M Brine Aquifer, Salta, Argentina

C29 Metals Limited Advise That Drilling At Pocitos 7 in the Province of Salta, Argentina Has Commenced

C29 Metals Limited Announces Pocitos 7 Drilling Preparations

C29 Metals Announces Management and Board Appointments

C29 Metals Limited Announces Board Changes

C29 Metals Limited Announces Lithium Drilling Imminent At Pocitos Salar Projects

No independent directors

C29 Metals Limited Provides Update on Sampsons Tank Located in New South Wales and the Stadler's Project in Western Australia

C29 Metals Limited Announces That Project-Wide Aeromagnetic and Radiometric Survey

C29 Metals Limited, Annual General Meeting, Nov 04, 2022

C29 Metals Limited (ASX : C29) agreed to acquire Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd AUD 0.42 million.

C29 Metals Limited Provides an Update on the Sampsons Tank Copper Exploration Project Located in New South Wales

C29 Metals Limited Provides Update on the South Australian Exploration License Application

C29 Metals Limited Announces Board Changes

C29 Metals Limited Announces Exploration Program to Commence At Stadlers Cu-Au Project

C29 Metals Limited Provides Shareholders with an Update on the Exploration Licence Applications, Located in South Australia

C29 Metals Limited (ASX : C29) agreed to acquire Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd AUD 0.42 million.

C29 Metals Limited Announces Mineralize Skarn Extension Identified At Reedy Creek Prospect, NSW

No independent directors

C29 Metals Limited Advises That Assay Results Have Now Been Received for the Initial Four Drill Holes, RCDH001 to RCDH004 Showing Extensive Zones of Base Metal Anomalism Encountered Throughout

C29 Metals Limited Announce the Completion of an Extensive Helicopter-Borne Versatile Time Domain Electromagnetic Geophysical Survey System over the Sampson Tank Project

C29 Metals Limited Announces Completion of Drilling Program at Reedy Creek

C29 Metals Limited Announces Diamond Drill Holes completion at the Reedy Creek Mine Prospect

C29 Metals Limited Provides Update on Torrens Projects Exploration License Applications

C29 Metals Limited Commences Geochemistry Survey At Sampson Tank Project

C29 Metals Limited Provides Update on the Two Exploration Licence Applications

Shareholder Returns

Price Volatility

About the Company

C29 Metals Limited Fundamentals Summary

0.0x

-5.3x

Earnings & Revenue