SmallCaps
ASX:29MMaterialsDiversified Metals & Mining

29Metals Ltd

29Metals Limited is a copper-focused base and precious metals mining company with producing and exploration assets in Australia and Chile.

$0.385 +$0.005 (+1.32%)AUD · Closed
+24.4%52-week return
Day Range
$0.370$0.385
52 Week Range
$0.215$0.624
Volume
3.50M
Avg Volume (10D)
4.88M
Market Cap
$673.78M
P/E Ratio
23.90
The company

The business

What 29Metals Ltd does

29Metals Limited is a copper-focused base and precious metals mining company with producing and exploration assets in Australia and Chile. The principal activities of the Company are mining and mineral production, mineral concentrate sales, mineral exploration and development, and ancillary services. The Gossan Valley project, located 7 km south of Gossan Hill at Golden Grove, comprises multiple deposits including Gossan Valley, Conteville and Grassi. It evaluates the potential to develop one or more of the deposits. The Redhill project, located in Chile, is a 29Metals exploration asset covering a historically under-explored copper region. It hosts mesothermal polymetallic quartz-sulphide veins with copper, silver and precious metals mineralisation. The Cervantes project at Golden Grove lies beneath the Scuddles underground mine, with about 210 meters/ mineralization below existing development. Prefeasibility study supports extending the Scuddles underground mine life.

Incorporated
AUS
Public since
2021-07-02
Employees
275
Shareholders
6,992
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Share price & key data

Share price

OHLC · volume · moving averages
$0.385+$0.000 (+0.00%)over 6M
Hi$0.410Lo$0.215
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.375
Prev Close
$0.380
Day High
$0.385
Day Low
$0.370
52wk High
$0.624
52wk Low
$0.215

Valuation

Multiples
Market Cap
$673.78M
Shares Out
1.75B
P/E (Annual)
23.90
P/E (TTM)
23.91
Price/Book
1.28

Trading Activity

Volume & book
Volume
3.50M
Value Traded
$1.32M
Bid
$0.380 × 2,590
Ask
$0.390 × 345,967
Avg Vol 10D
4.88M

Performance

Total return
1 Day
+1.32%
5 Day
+13.24%
13 Week
+37.50%
52 Week
+24.39%
YTD
-27.53%
Peers & news

Latest news

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