29Metals Limited (ASX:29M)

Australia flag Australia · Delayed Price · Currency is AUD
0.2200
-0.0050 (-2.22%)
Apr 28, 2026, 4:14 PM AEST
Market Cap393.77M +149.8%
Revenue (ttm)566.62M +2.8%
Net Income24.17M
EPS0.02
Shares Out1.75B
PE Ratio13.24
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume7,816,142
Average Volume8,048,972
Open0.2300
Previous Close0.2250
Day's Range0.2200 - 0.2350
52-Week Range0.1120 - 0.6750
Beta1.13
RSI30.90
Earnings DateApr 29, 2026

About 29Metals

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 ap... [Read more]

Sector Materials
Founded 2021
Country Australia
Stock Exchange Australian Securities Exchange
Ticker Symbol 29M
Full Company Profile

Financial Performance

Financial Statements

News

29Metals Earnings Call Transcript: Q3 2025

Safety metrics improved, but seismic events at Xantho Extended impacted zinc output and raised costs. Golden Grove copper production was solid, while Capricorn Copper advanced water reduction and tailings approvals for a future restart. Liquidity remains strong at AUD 168 million.

6 months ago - Transcripts

29Metals Transcript: RRS Gold Coast 2025

Two major Australian copper assets are being optimized through significant investment, with Golden Grove ramping up high-grade production and exploration, and Capricorn Copper progressing toward a sustainable restart after weather-related suspension. Both assets show strong growth and resource potential.

7 months ago - Transcripts

29Metals Transcript: Diggers & Dealers Mining Forum 2025

Copper demand is rising with electrification, and two large Australian assets offer significant growth potential. Golden Grove is ramping up high-grade production and extending mine life, while Capricorn Copper is progressing toward a sustainable restart after weather-related suspension.

9 months ago - Transcripts

29Metals Transcript: Noosa Mining Investor Conference

Copper demand is surging amid electrification trends, with production at Golden Grove set to rise and major investments improving operational and financial outcomes. Capricorn Copper is progressing toward a restart, supported by strong resources and infrastructure upgrades.

9 months ago - Transcripts

29Metals Earnings Call Transcript: Q2 2025

Solid June quarter with strong operational delivery at Golden Grove, significant water reduction at Capricorn Copper, and a strengthened balance sheet from insurance proceeds. 2025 guidance reaffirmed, with Gossan Valley on track and capital guidance revised down.

10 months ago - Transcripts

29Metals Transcript: AGM 2025

The AGM highlighted a year of operational improvement, financial strengthening, and strategic progress, including a major capital raise and leadership changes. Shareholders engaged actively on governance, capital raising practices, and board composition, with all resolutions receiving strong support.

1 year ago - Transcripts

29Metals Earnings Call Transcript: Q1 2025

March quarter saw strong safety performance, solid production at Golden Grove, and major water inventory reductions at Capricorn Copper. Revenue was AUD 142 million, with liquidity over AUD 180 million. Debt refinancing and an insurance settlement further strengthened the balance sheet.

1 year ago - Transcripts

29Metals Earnings Call Transcript: Q4 2024

Full-year production and cost guidance were met, with strong cash flow and liquidity following an equity raise and debt refinancing. 2025 guidance targets higher copper and zinc output, with major investments in Golden Grove and water management at Capricorn Copper.

1 year ago - Transcripts

29Metals Earnings Call Transcript: Q3 2024

Golden Grove delivered strong production and cash flow, supporting full-year guidance, while Capricorn Copper focused on major water management investments ahead of the wet season. Revenue rose 39% quarter-on-quarter, and liquidity remains solid despite ongoing environmental and insurance challenges.

1 year ago - Transcripts

29Metals Earnings Call Transcript: Q2 2024

Record copper and zinc production at Golden Grove drove improved costs, while Capricorn Copper remains suspended pending water reduction and tailings solutions. Liquidity increased to $130 million, and restart at Capricorn Copper is unlikely before 2026.

1 year ago - Transcripts

29Metals Transcript: AGM 2024

2 years ago - Transcripts

29Metals Transcript: Status Update

2 years ago - Transcripts

29Metals Transcript: AGM 2023

3 years ago - Transcripts