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29Metals(ASX) 29M

Market CapA$602.82MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2021)-79%
5 Year-86%
1 Year-29%
1 Month+8%
A$0.35
+2.99%
+0.01Today
29Metals last closing stock price
MetricPriceDate
Last closeAUD 0.352026-09-16
29Metals stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-9.21%AUD 0.382026-09-09
1 month+7.81%AUD 0.322026-08-17
3 month+16.95%AUD 0.302026-06-18
Year to date-40%AUD 0.582025-12-31
1 year-28.87%AUD 0.492025-09-16
3 year-50.71%AUD 0.702023-09-15
5 year-85.85%AUD 2.442021-09-17
Since inception-79.3%AUD 1.622021-07-02

29Metals Financials at a Glance

Market Cap

A$602.82MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

A$1.18B

Net Income (TTM)

-A$79.09M

EPS (TTM)

-A$0.03

P/E Ratio

-12.23

Dividend

A$0.00

Beta (Volatility)

-0.25 (Low)

Price

A$0.35

Volume

3,731,893

Open

A$0.34

Previous Close

A$0.35

Daily Range

A$0.33 - A$0.35

52-Week Range

A$0.22 - A$0.68

Estimated Earnings Date

Feb 25, 2027

29M News

No articles available.

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About 29Metals

29Metals Limited is engaged in the exploration, development, and extraction of base and precious metals, with a strong focus on copper. The company operates significant assets in Australia and Chile, including the Golden Grove property and the Capricorn Copper operation.

Products and Services
  • Exploration and extraction of copper, zinc, gold, and silver
  • Operations at the Golden Grove property in Western Australia
  • Capricorn Copper operation in Queensland and Redhill project in Chile
Growth Outlook
  • Recent revenue of AUD 302.6 million indicates strong operational performance
  • Quarterly revenue growth of 1% compared to the previous quarter
  • Focus on expanding production capabilities to meet rising copper demand
Financial Highlights
  • Trailing twelve months (TTM) revenue of AUD 1.2 billion
  • Operating income margin improved to -6.93% in the latest quarter
  • Cash and cash equivalents increased to AUD 187.6 million
AI Generated • Sep 15, 2026

Industry

Metals and Mining

Sector

Materials

Employees

275

CEO

James Palmer

Headquarters

Melbourne, VIC 3000, AU

29M Financials

Key Financial Metrics (TTM)

Gross Margin

8.10%

Operating Margin

-4.22%

Net Income Margin

-7.67%

Return on Equity

-9.19%

Return on Capital

-2.48%

Return on Assets

-4.25%

Earnings Yield

-8.18%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

A$602.82MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

1.75B

Volume

3.73M

Avg. Volume

4.13M

Financials (TTM)

Gross Profit

A$92.01M

Operating Income

-A$26.88M

EBITDA

A$201.24M

Operating Cash Flow

A$167.99M

Capital Expenditure

-A$218.57M

Free Cash Flow

-A$50.58M

Cash & ST Invst.

A$187.55M

Total Debt

A$238.89M

29Metals Performance Analysis

29Metals annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31AUD 714,013,00018.9%
20232023-12-31AUD 449,250,000-37.1%
20242024-12-31AUD 557,768,00024.2%
20252025-12-31AUD 566,295,0001.5%
29Metals sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-12-3126.8%
Q22025-06-30-12.0%
Q42025-12-319.7%
Q22026-06-301.8%
29Metals annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31AUD -0.08N/A
20232023-12-31AUD -0.66734.2%
20242024-12-31AUD -0.22-65.7%
20252025-12-31AUD 0.02N/A
29Metals sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-12-3143.7%
Q22025-06-30128.4%
Q42025-12-31-129.3%
Q22026-06-30-176.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

A$302.61M

+24.5%

Gross Profit

A$13.87M

+190.7%

Gross Margin

4.58%

N/A

Market Cap

A$602.82MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

A$533.46K

N/A

Employees

1,130

N/A

Net Income

-A$34.84M

+68.1%

EBITDA

A$26.50M

+128.9%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

A$187.55M

+92.9%

Total Debt

A$238.89M

-11.5%

Accounts Receivable

A$25.88M

-9.4%

Inventory

A$52.95M

-45.7%

Long Term Debt

A$155.71M

-9.0%

Short Term Debt

A$83.18M

-15.8%

Return on Assets

-4.25%

N/A

Return on Invested Capital

-2.74%

N/A

Free Cash Flow

-A$16.09M

+49.6%

Operating Cash Flow

A$60.76M

+4296.3%

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Questions About 29M

What is the current price of 29Metals?

29Metals is trading at A$0.35 per share.

What is the 52-week range for 29Metals?

Over the past 52 weeks, 29Metals has traded between A$0.22 and A$0.68.

How much debt does 29Metals have?

As of the most recent reporting period, 29Metals reported total debt of A$246.62M.

How much cash does 29Metals have on hand?

29Metals reported A$102.65M in cash and cash equivalents in its most recent financial results.

What is 29Metals’s dividend yield?

29Metals does not currently have a dividend yield.

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