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29Metals(ASX) 29M

Market CapA$541.66MMarket 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)-81%
5 Year-88%
1 Year+15%
1 Month+35%
A$0.31
+0.00%
+0.00Today
29Metals last closing stock price
MetricPriceDate
Last closeAUD 0.312026-08-14
29Metals stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.59%AUD 0.322026-08-07
1 month+34.78%AUD 0.232026-07-15
3 month+12.73%AUD 0.282026-05-15
Year to date-46.09%AUD 0.582025-12-31
1 year+14.81%AUD 0.272025-08-14
3 year-58.94%AUD 0.762023-08-15
5 year-87.54%AUD 2.492021-08-13
Since inception-80.84%AUD 1.622021-07-02

29Metals Financials at a Glance

Market Cap

A$541.66MMarket 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

19.02

Dividend

A$0.00

Beta (Volatility)

0.16 (Low)

Price

A$0.31

Volume

1,984,415

Open

A$0.31

Previous Close

A$0.31

Daily Range

A$0.30 - A$0.32

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 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 in Western Australia and Queensland
  • Development of mineral deposits in southern Chile
Growth Outlook
  • Recent revenue growth of 297.3 million AUD in Q4 2025
  • Strong operational focus on increasing copper production
  • Expansion plans for the Redhill project in Chile
Financial Highlights
  • Trailing twelve months (TTM) revenue of 1.1 billion AUD
  • Operating income improved to 49.7 million AUD in Q2 2025
  • Net income of 35.3 million AUD reported in Q2 2025
29Metals Limited has shown resilience in its financial performance, with a notable increase in revenue and operating income in recent quarters. The company's strategic focus on copper production aligns with global demand trends, positioning it well for future growth. The expansion of its projects, particularly in Chile, further enhances its potential for long-term success. Investors may find the company's operational capabilities and growth strategies appealing as it navigates the evolving landscape of the metals industry.
AI Generated • Aug 16, 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

5.26%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

A$541.66MMarket 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

1.98M

Avg. Volume

4.51M

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$541.66MMarket 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$479.35K

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$0.31 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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