29METALS Ltd

29METALS Ltd

29M · AU · Basic Materials / Other Precious Metals & Mining

0.255AUD-0.01 (-1.92%)

Price History

Full chart

Market Stats

Previous Close0.26
Open0.255
Day Range0.25 – 0.262
52-Week Range0.215 – 0.675
Volume4.54M
Market Cap621.28M
P/E (TTM)0.00
Forward P/E11.00
EPS-0.03
Dividend Yield0.00%
Beta0.99
50-Day Avg0.3336
200-Day Avg0.3523

About

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 approximately 1,900 square kilometers situated in Queensland; and Redhill property covering an area of approximately 227 square kilometers. 29Metals Limited was incorporated in 2021 and is headquartered in Melbourne, Australia.

Company Details

  • SectorBasic Materials
  • IndustryOther Precious Metals & Mining
  • CEOMr. James Palmer B.E.
  • Employees0
  • HeadquartersNorth Tower, Melbourne, VIC, Australia, 3000, Australia
  • Websitehttps://www.29metals.com

Leadership

  • Mr. James Palmer B.E.Chief Executive Officer
  • Mr. Peter Herbert B.Com., C.A.Chief Financial Officer
  • Mr. Ed Cooney B.E., M.B.A.Chief Operating Officer
  • Scott CampbellMarketing Manager
  • Ms. Adrianna Quinn WaughGroup Executive of People & Culture
  • Mr. Lucas Williams B.Sc.Group Executive of Geology & Exploration
  • Mr. Walter MuehlebachCEO of Redhill
  • Grace FongGroup Financial Controller
  • Ms. Melinda Shiell B.A., J.D., L.L.M.Company Secretary and Group Executive of Governance & Secretariat

Financials

Income Statement

Currency: AUD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue524.91M657.17M434.45M600.76M714.01M449.75M551.06M566.29M
Growth (%)-+25.20%-33.89%+38.28%+18.85%-37.01%+22.53%+2.76%
Cost of Revenue428.56M499.42M327.16M364.00M527.81M548.47M562.62M506.54M
Gross Profit96.35M157.75M107.30M134.10M186.20M-99.22M-11.56M59.75M
Gross Margin18.36%24.00%24.70%22.32%26.08%-22.06%-2.10%10.55%
Operating Expense18.72M19.16M8.68M19.59M220.91M42.86M135.23M76.92M
Operating Income77.63M138.59M98.62M114.51M-34.71M-142.08M-146.79M-17.16M
Operating Margin14.79%21.09%22.70%19.06%-4.86%-31.59%-26.64%-3.03%
EBITDA174.62M247.22M188.63M147.18M144.14M-230.93M42.24M110.67M
EBITDA Margin33.27%37.62%43.42%24.50%20.19%-51.35%7.67%19.54%
Net Income18.10M81.74M83.69M121.01M-47.22M-440.46M-177.61M24.17M
Net Income Margin3.45%12.44%19.26%20.14%-6.61%-97.94%-32.23%4.27%
Interest Expense6.81M15.50M96.65M26.74M15.85M27.01M29.86M22.45M
Interest Expense % of Total Revenue1.30%2.36%22.25%4.45%2.22%6.00%5.42%3.97%

Balance Sheet

Currency: AUD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets--1.26B1.32B1.29B981.21M1.04B1.04B
Total Liabilities--539.14M545.64M577.28M558.86M618.79M595.63M
Total Equity--717.42M769.54M715.69M422.34M419.28M446.06M
Cash--150.17M197.47M171.96M161.86M252.35M102.65M
Total Debt--247.66M233.04M265.48M271.33M315.36M246.62M
Net Debt--97.49M35.57M93.51M109.47M63.01M143.97M

Cash Flow

Currency: AUD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow178.90M175.97M118.97M75.10M155.69M-36.52M59.24M40.80M
Investing Cash Flow-78.03M-93.84M-78.89M-92.55M-113.61M-84.94M-116.30M-86.14M
Financing Cash Flow-126.42M-48.91M-45.71M101.88M-72.40M112.74M145.59M-101.68M
Capital Expenditure79.41M93.89M78.98M97.61M113.61M84.94M116.30M116.78M
Free Cash Flow99.49M82.08M39.99M-22.52M28.57M-121.47M-57.06M-75.97M
Dividends Paid-9.63M176.03M4.84M9.63M5.15M--
FCF to OCF55.61%46.65%33.61%-29.98%18.35%332.57%-96.33%-186.19%
Dividend Paid to FCF-11.73%440.22%-21.50%33.70%-4.24%--

Earnings

Report DateJul 20, 2021Oct 21, 2021Feb 22, 2022Apr 26, 2022Aug 29, 2022Oct 18, 2022Feb 23, 2023Apr 26, 2023Aug 30, 2023Oct 24, 2023Feb 22, 2024Apr 22, 2024Aug 26, 2024Oct 22, 2024Feb 25, 2025Apr 28, 2025Aug 27, 2025Oct 14, 2025
EPS Estimate0.010.000.140.000.090.000.000.000.000.000.000.00-0.000.00-0.000.00-0.000.00
EPS Actual0.010.000.250.000.000.000.000.000.000.000.000.000.000.00-0.090.000.030.00
Surprise-34.00%-76.80%--100.00%-2500.00%----100.00%-100.00%--11150.00%-6100.00%-
Timing----After-hours-Pre-market-Pre-market-------Pre-market-

Key Statistics & Ratios

Market Cap621.28M
Enterprise Value725.08M
Trailing P/E0.00
Forward P/E11.00
Price / Sales1.03
Price / Book1.21
EPS-0.03
Book Value0.317
Revenue (TTM)600.48M
Gross Profit (TTM)70.48M
EBITDA101.46M
Profit Margin-7.66%
Operating Margin-2.50%
Return on Equity-9.10%
Return on Assets0.84%
Shares Outstanding1.75B
Shares Float958.24M
Beta0.99
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20221×
0.02Sep 15, 2022