XXIX Metal (XXIX) Stock Overview

Engages in the exploration, development, and production of mineral properties in Canada. More details

XXIX fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

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

Earnings are forecast to decline by an average of 35.2% per year for the next 3 years

Shareholders have been substantially diluted in the past year

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 1 more risk

XXIX Community Fair Values

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XXIX Metal Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for XXIX Metal
Historical stock prices
Current Share Price	CA$0.12
52 Week High	CA$0.14
52 Week Low	CA$0.075
Beta	0.67
1 Month Change	-8.00%
3 Month Change	-8.00%
1 Year Change	9.52%
3 Year Change	-32.35%
5 Year Change	-43.90%
Change since IPO	-47.73%

Recent updates

Analysis Article • Aug 02

We Think QC Copper and Gold (CVE:QCCU) Needs To Drive Business Growth Carefully

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

	XXIX	CA Metals and Mining	CA Market
7D	-14.8%	2.2%	1.4%
1Y	9.5%	67.0%	31.6%

Return vs Industry: XXIX underperformed the Canadian Metals and Mining industry which returned 67% over the past year.

Return vs Market: XXIX underperformed the Canadian Market which returned 31.6% over the past year.

Price Volatility

Is XXIX's price volatile compared to industry and market?
XXIX volatility
XXIX Average Weekly Movement	9.4%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	10.1%
10% most volatile stocks in CA Market	17.5%
10% least volatile stocks in CA Market	3.7%

Stable Share Price: XXIX has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: XXIX's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2018	n/a	Guy Le Bel	xxix.ca

XXIX Metal Corp. engages in the exploration, development, and production of mineral properties in Canada. The company explores for copper, nickel, gold, and silver deposits. It focuses on the Opemiska copper project, which consists of 416 claims covering an area of 21,499.44 hectares located in the Chapais-Chibougamau region of Québec; and the Thierry copper project, which consists of 27 mineral leases, 163 contiguous cell claims, and 16 boundary claims covering an area of 8,127 hectares located in Pickle Lake, central Ontario.

XXIX Metal Corp. Fundamentals Summary

How do XXIX Metal's earnings and revenue compare to its market cap?
XXIX fundamental statistics
Market cap	CA$48.13m
Earnings (TTM)	-CA$3.76m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-12.8x

P/E Ratio

Is XXIX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XXIX income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$3.76m
Earnings	-CA$3.76m

Last Reported Earnings

Jan 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	-0.009
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did XXIX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/15 23:26
End of Day Share Price	2026/06/15 00:00
Earnings	2026/01/31
Annual Earnings	2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

XXIX Metal Corp. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Curran	Beacon Securities Limited

XXIX Metal (XXIX) Stock Overview

Risk Analysis

XXIX Metal Corp. Competitors

Yukon Metals

Canadian Goldfields Discovery

Leviathan Metals

US Copper

Price History & Performance

Recent News & Updates

XXIX Metal Corp., Annual General Meeting, Jul 28, 2026

New major risk - Revenue and earnings growth

New major risk - Shareholder dilution

XXIX Metal Corp. announced that it has received CAD 17.25012 million in funding

XXIX Metal Corp. announced that it expects to receive CAD 15.00012 million in funding

XXIX Metal Corp. Confirms Thierry's Growth Potential with First Systematic IP

Recent updates

XXIX Metal Corp., Annual General Meeting, Jul 28, 2026

New major risk - Revenue and earnings growth

New major risk - Shareholder dilution

XXIX Metal Corp. announced that it has received CAD 17.25012 million in funding

XXIX Metal Corp. announced that it expects to receive CAD 15.00012 million in funding

XXIX Metal Corp. Confirms Thierry's Growth Potential with First Systematic IP

XXIX Metal Corp. Advances Thierry Copper Project with Comprehensive Validation and Reinterpretation of 210,000 Metres of Drilling

Less than half of directors are independent

XXIX Metal Corp. Announces Changes to Board of Directors

Kintavar Exploration Inc. (TSXV:KTR) completed the acquisition of 50% stake in Roger Project from XXIX Metal Corp. (TSXV:XXIX).

Insufficient new directors

XXIX Metal Corp. announced that it has received CAD 6.00116 million in funding

XXIX Metal Corp., Annual General Meeting, Sep 17, 2025

New minor risk - Share price stability

XXIX Metal Corp. announced that it expects to receive CAD 6.00116 million in funding

XXIX Metal Corp. Increases Opemiska's Copper Resource

XXIX Metal Corp. Announces Chief Executive Officer Changes

New major risk - Shareholder dilution

QC Copper and Gold Inc. (TSXV:QCCU) proposed to acquire a 90% stake in Cuprum Corp. from Orecap Invest Corp. (TSXV:OCI) and others for CAD 10.76 million.

QC Copper and Gold Inc., Annual General Meeting, Jun 27, 2024

QC Copper and Gold Inc. Appoints Guy Le Bel as President

QC Copper and Gold Inc. Receives Windfall Geotech's Final Report on Its Artificial Intelligence Analysis for Opemiska

QC Copper and Gold Inc. Announces Commencement of New Drill Program on the Historically Significant Cooke and Robitaille Mines

QC Copper and Gold Inc. Announces Upgraded Mineral Resource Estimate Results for the Opemiska Project in Quebec's Chapais-Chibougamau District

QC Copper and Gold Inc. (TSXV:QCCU) entered into an agreement to acquire 10% stake in Thierry Copper Mine located in Pickle Lake, Ontario from Canadian Critical Minerals Inc. (TSXV:CCMI) for CAD 0.3 million.

We Think QC Copper and Gold (CVE:QCCU) Needs To Drive Business Growth Carefully

QC Copper and Gold Inc. Reports Favourable Metallurgical Results, Confirms High-Quality Bulk Tonnage Concentrate to Come from the Opemiska Deposit

Price target decreased by 30% to CA$0.35

Independent Chairman of the Board exercised options to buy CA$290k worth of stock.

QC Copper and Gold Inc., Annual General Meeting, Aug 10, 2023

Qc Copper Starts Final Leg of Drilling, Updates on Mineral Resource Estimate and Economic Studies

Price target decreased to CA$0.50

Qc Copper Intersects High Gold Grades Accompanying Copper in Wide Intersections in the Opemiska Deposit

Qc Copper and Gold Inc. Reports Several Wide High-Grade Copper and Gold Intersections

QC Copper and Gold Inc. Updates on the Opemiska Copper-Gold Deposit's New Mineral Resource Estimate

QC Copper Reports 3 Wide Copper Gold Zones of In-Pit Mineralization

Insufficient new directors

QC Copper & Gold Reports 10 New Holes to Convert Waste into In-Pit Mineralization

QC Copper & Gold Continues to Convert Waste into Mineralization with over 20 New In-Pit Intersections

QC Copper and Gold Inc., Annual General Meeting, Jul 06, 2022

QC Copper and Gold Inc. Announces New Assay Results from Its Ongoing 60,000 Metre Drill Program on Opemiska

QC Copper and Gold Inc. Announces CFO Changes

Qc Copper Intersects 184 M of 0.32 % Cueq, Including 49.5 M of 0.7 % Cueq, Extending Mineralization Within the Conceptual Pit

QC Copper Announces Phase 1 of its 2022 Drill Program on Opemiska

QC Copper and Gold Inc. (TSXV:QCCU) completed the acquisition of 38 claims over 2,112 hectares of the Opemiska Copper Project from 9219-8845 Quebec Inc.

QC Copper and Gold Inc. Highlights Opemiska's Gold Potential After Reporting Its 18.3Gpt Gold over 9 Metres Intersection

QC Copper and Gold Inc. Intersects 76.5m of 0.78% Copper Equivalent in the Saddle Zone Between Springer and Perry Mines

QC Copper and Gold Inc. (TSXV:QCCU) completed the acquisition of 50% stake in Roger Gold-Copper project in the Chibougamau District of Quebec, Canada from Pasofino Gold Limited (TSXV:VEIN).

QC Copper and Gold Inc. Report Additional Assay Results from Its Ongoing Drill Program on its Opemiska Copper-Gold Project in the Chibougamau-Chapais Mining District

QC Copper and Gold Inc. Appoints Philippe Cloutier as an Independent Director

QC Copper and Gold Inc. Adds a Second Rig to its Opemiska Drill Program

QC Copper & Gold Updates on Opemiska's Drill Program

QC Copper & Gold to Commence 20,000m Drill Program

New 90-day high: CA$0.21

Qc Copper and Gold Inc. Announces to Receives Permits for Opemiska's 20,000M Drill Program

QC Copper and Gold Inc. announced that it expects to receive CAD 3 million in funding

PowerOre Inc. announced that it has received CAD 0.985 million in funding

PowerOre Inc. announced that it expects to receive CAD 0.925 million in funding

PowerOre Inc. (TSXV:PORE) acquired 2,930 Hectare of Scott Property for CAD 0.04 million.

Shareholder Returns

Price Volatility

About the Company

XXIX Metal Corp. Fundamentals Summary

Earnings & Revenue