29 Metals - Short termCurrently going through wave 4. Once it retraces to 23.6. one can initiate long positions. Remember wave 3 was extended so wave 5 might not be that huge. After wave 5, correction waves A, B and C will commence. But the underlying bullishness in commodities can always extend wave 5 and the correction
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
−0.225 AUD
−177.61 M AUD
557.77 M AUD
1.02 B
About 29METALS LIMITED
Sector
Industry
CEO
James Palmer
Website
Headquarters
Melbourne
Founded
2021
ISIN
AU0000157067
FIGI
BBG0118S6QF6
29Metals Ltd. engages in the exploration and development of copper and base and precious metals resources. It operates through the following segments: Golden Grove, Capricorn Copper, and Exploration. The Golden Grove segment includes base and precious metals mining, mineral production, and associated activities. The Capricorn Copper segment refers to base and precious metals mining, mineral production and associated activities. The Exploration segment involves in the exploration for mineral resources at Redhill (Chile), and regional exploration at Golden Grove (Western Australia) and Capricorn Copper (Queensland). The company was founded on May 27, 2021 and is headquartered in Melbourne, Australia.
29M @ 9 NOV 2021Text me if you have any questions/comments for me.
-----
29M
- First time doing a written analysis on 29M
- Since IPO, the stock has had a nice uptrend except during the September slump that affected the overall ASX market too
- The short-term average is starting to be a strong support
- Today’s B
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related stocks
Frequently Asked Questions
The current price of 29M is 0.115 AUD — it has decreased by −2.50% in the past 24 hours. Watch 29METALS LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange 29METALS LIMITED stocks are traded under the ticker 29M.
29M stock has risen by 1.74% compared to the previous week, the month change is a −29.09% fall, over the last year 29METALS LIMITED has showed a −74.63% decrease.
We've gathered analysts' opinions on 29METALS LIMITED future price: according to them, 29M price has a max estimate of 0.32 AUD and a min estimate of 0.10 AUD. Watch 29M chart and read a more detailed 29METALS LIMITED stock forecast: see what analysts think of 29METALS LIMITED and suggest that you do with its stocks.
29M stock is 8.70% volatile and has beta coefficient of 2.62. Track 29METALS LIMITED stock price on the chart and check out the list of the most volatile stocks — is 29METALS LIMITED there?
Today 29METALS LIMITED has the market capitalization of 164.51 M, it has decreased by −25.81% over the last week.
Yes, you can track 29METALS LIMITED financials in yearly and quarterly reports right on TradingView.
29METALS LIMITED is going to release the next earnings report on Sep 1, 2025. Keep track of upcoming events with our Earnings Calendar.
29M earnings for the last half-year are −0.09 AUD per share, whereas the estimation was −0.02 AUD, resulting in a −265.55% surprise. The estimated earnings for the next half-year are −0.02 AUD per share. See more details about 29METALS LIMITED earnings.
29METALS LIMITED revenue for the last half-year amounts to 308.00 M AUD, despite the estimated figure of 281.85 M AUD. In the next half-year revenue is expected to reach 295.00 M AUD.
29M net income for the last half-year is −68.42 M AUD, while the previous report showed −109.19 M AUD of net income which accounts for 37.33% change. Track more 29METALS LIMITED financial stats to get the full picture.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. 29METALS LIMITED EBITDA is 15.24 M AUD, and current EBITDA margin is 2.73%. See more stats in 29METALS LIMITED financial statements.
Like other stocks, 29M shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade 29METALS LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So 29METALS LIMITED technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating 29METALS LIMITED stock shows the sell signal. See more of 29METALS LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.