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29Metals(ASX) 29M

Current PriceA$0.24
Market CapA$454.30MMarket 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)-84%
5 Year-89%
1 Year-33%
1 Month-8%
29Metals last closing stock price
MetricPriceDate
Last closeAUD 0.242026-07-24
29Metals stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+9.09%AUD 0.222026-07-17
1 month-7.69%AUD 0.262026-06-24
3 month+9.09%AUD 0.222026-04-24
Year to date-58.26%AUD 0.582025-12-31
1 year-33.33%AUD 0.362025-07-24
3 year-66.2%AUD 0.712023-07-25
5 year-89.47%AUD 2.282021-07-23
Since inception-83.93%AUD 1.622021-07-02

29Metals Financials at a Glance

Market Cap

A$454.30MMarket 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$1.12B

Net Income (TTM)

-A$153.44M

EPS (TTM)

A$0.02

P/E Ratio

15.95

Dividend

A$0.00

Beta (Volatility)

0.17 (Low)

Price

A$0.24

Volume

3,575,318

Open

A$0.25

Previous Close

A$0.24

Daily Range

A$0.24 - A$0.25

52-Week Range

A$0.22 - A$0.68

Estimated Earnings Date

Aug 31, 2026

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 key 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 growth of 10% quarter-over-quarter
  • Expansion plans for the Capricorn Copper operation to increase output
  • Strategic investments in technology to enhance operational efficiency
Financial Highlights
  • Trailing twelve months (TTM) revenue of AUD 1.1 billion
  • Net income margin improved to 13% in the latest quarter
  • Current ratio of 1.27 indicates strong liquidity position
AI Generated • Jul 17, 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

13.09%

Operating Margin

7.97%

Net Income Margin

4.25%

Return on Equity

5.36%

Return on Capital

-2.48%

Return on Assets

2.32%

Earnings Yield

6.27%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

A$454.30MMarket 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

3.58M

Avg. Volume

5.51M

Financials (TTM)

Gross Profit

A$62.85M

Operating Income

-A$101.48M

EBITDA

A$82.97M

Operating Cash Flow

A$108.62M

Capital Expenditure

-A$175.02M

Free Cash Flow

-A$66.41M

Cash & ST Invst.

A$102.65M

Total Debt

A$246.62M

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
Q22024-06-3015.8%
Q42024-12-3126.8%
Q22025-06-30-12.0%
Q42025-12-319.7%
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
Q22024-06-3015.8%
Q42024-12-3143.7%
Q22025-06-30128.4%
Q42025-12-31-129.3%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2025YOY CHG

Revenue

A$297.32M

+41.7%

Gross Profit

A$34.71M

+157.3%

Gross Margin

11.67%

N/A

Market Cap

A$454.30MMarket 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$402.03K

N/A

Employees

1,130

N/A

Net Income

-A$11.15M

+91.7%

EBITDA

A$56.80M

+9813.3%

Quarterly Fundamentals

Name
Q4 2025YOY CHG

Total Cash

A$102.65M

-41.1%

Total Debt

A$246.62M

-9.1%

Accounts Receivable

A$49.81M

+77.4%

Inventory

A$99.68M

+4.6%

Long Term Debt

A$172.75M

+14.1%

Short Term Debt

A$73.87M

-38.4%

Return on Assets

2.32%

N/A

Return on Invested Capital

5.42%

N/A

Free Cash Flow

-A$42.01M

-9.0%

Operating Cash Flow

A$22.88M

+292.5%

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Questions About 29M

What is the current price of 29Metals?

29Metals is trading at A$0.24 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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