29Metals Limited (ASX:29M)

Australia flag Australia · Delayed Price · Currency is AUD
0.3150
+0.0200 (6.78%)
Aug 7, 2026, 4:10 PM AEST
Market Cap551.27M +41.1%
Revenue (ttm)566.62M +2.8%
Net Income24.17M
EPS0.02
Shares Out 1.75B
PE Ratio18.53
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume6,404,643
Open0.2900
Previous Close0.2950
Day's Range0.2900 - 0.3150
52-Week Range0.2150 - 0.6750
Beta0.95
AnalystsHold
Price Target0.29 (-7.94%)
Earnings DateJul 15, 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

Analyst Summary

According to 7 analysts, the average rating for 29M stock is "Hold." The 12-month stock price target is $0.29, which is a decrease of -7.94% from the latest price.

Price Target
$0.29
(-7.94% downside)
Analyst Consensus: Hold
Stock Forecasts

News

29Metals Transcript: Diggers & Dealers Mining Forum 2026

Significant investments and operational improvements are unlocking high-grade ore sources, driving production growth and cost reductions. Exploration success and project advancements at both Golden Grove and Capricorn Copper position the group to capitalize on strong copper market dynamics.

2 days ago - Transcripts

29Metals Slides: FY 2026

29Metals has posted slides in relation to its FY 2026 quarterly earnings report, which was published on August 5, 2026.

2 days ago - Filings

29Metals Transcript: Noosa Mining Conference 2026

Significant operational improvements and resource extensions at Golden Grove are driving production growth, with high-grade ore sources set to ramp up from late 2026. Capricorn Copper is poised for a restart, expected to double copper output and benefit from strong market fundamentals.

15 days ago - Transcripts

29Metals Slides: FY 2026

29Metals has posted slides in relation to its FY 2026 quarterly earnings report, which was published on July 23, 2026.

15 days ago - Filings

29Metals Earnings Call Transcript: Q2 2026

Copper production and liquidity remained stable, with Golden Grove advancing high-grade ore access and Capricorn Copper progressing toward restart pending regulatory approval. Strong safety, robust resource extensions, and active pursuit of non-dilutive funding support a positive outlook.

23 days ago - Transcripts

29Metals Earnings release: Q2 2026

29Metals released its Q2 2026 earnings on July 14, 2026, summarizing the period's financial results.

23 days ago - Filings

29Metals Slides: Q2 2026

29Metals has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 14, 2026.

23 days ago - Filings

29Metals Transcript: AGM 2026

The AGM highlighted strong financial results, leadership transition, and progress on key growth projects. Shareholders discussed seismicity, funding strategies, and the undervaluation of Capricorn Copper, with management committing to improved communication and strategic funding options over a capital raise.

2 months ago - Transcripts

29Metals Slides: FY 2026

29Metals has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 20, 2026.

2 months ago - Filings

29Metals Earnings Call Transcript: Q1 2026

March quarter 2026 saw strong copper production, robust revenue growth, and disciplined cost control. Key projects at Golden Grove and Capricorn Copper progressed, with Xantho Extended mining restart deferred for risk reduction and regulatory approval now the focus at Capricorn Copper.

3 months ago - Transcripts

29Metals Slides: Q1 2026

29Metals has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 28, 2026.

3 months ago - Filings

29Metals Earnings release: Q1 2026

29Metals released its Q1 2026 earnings on April 28, 2026, summarizing the period's financial results.

3 months ago - Filings

29Metals Annual report: H2 2025

29Metals has published its H2 2025 annual report on February 25, 2026.

5 months ago - Filings

29Metals Earnings release: H2 2025

29Metals released its H2 2025 earnings on February 25, 2026, summarizing the period's financial results.

5 months ago - Filings

29Metals Earnings release: Q4 2025

29Metals released its Q4 2025 earnings on January 28, 2026, summarizing the period's financial results.

6 months ago - Filings

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.

10 months ago - Transcripts

29Metals Earnings release: Q3 2025

29Metals released its Q3 2025 earnings on October 14, 2025, summarizing the period's financial results.

10 months ago - Filings

29Metals Slides: Q3 2025

29Metals has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 14, 2025.

10 months ago - Filings

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.

11 months ago - Transcripts

29Metals Quarterly report: H1 2025

29Metals has published its H1 2025 quarterly earnings report on August 26, 2025.

1 year ago - Filings

29Metals Earnings release: H1 2025

29Metals released its H1 2025 earnings on August 26, 2025, summarizing the period's financial results.

1 year ago - Filings