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
−0.810AUD
−440.46 MAUD
449.25 MAUD
378.93 M
About 29METALS LIMITED
Sector
Industry
CEO
Peter Geoffrey Albert
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.
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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
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Frequently Asked Questions
The current price of 29M is 0.435 AUD — it has decreased by 4.40% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange 29METALS LIMITED stocks are traded under the ticker 29M.
29METALS LIMITED is going to release the next earnings report on Aug 27, 2024. Keep track of upcoming events with our Earnings Calendar.
29M stock is 12.94% volatile and has beta coefficient of 0.58. Check out the list of the most volatile stocks — is 29METALS LIMITED there?
One year price forecast for 29METALS LIMITED has a max estimate of 0.550 AUD and a min estimate of 0.250 AUD.
29M earnings for the last quarter are −0.62 AUD per share, whereas the estimation was −0.16 AUD resulting in a −298.55% surprise. The estimated earnings for the next quarter are −0.12 AUD per share. See more details about 29METALS LIMITED earnings.
29METALS LIMITED revenue for the last quarter amounts to 235.03 M AUD despite the estimated figure of 231.14 M AUD. In the next quarter revenue is expected to reach 242.42 M AUD.
Yes, you can track 29METALS LIMITED financials in yearly and quarterly reports right on TradingView.
29M stock has fallen by 16.35% compared to the previous week, the month change is a 15.53% fall, over the last year 29METALS LIMITED has showed a 65.14% decrease.
29M net income for the last quarter is −133.80 M AUD, while the quarter before that showed −306.67 M AUD of net income which accounts for 56.37% change. Track more 29METALS LIMITED financial stats to get the full picture.
Today 29METALS LIMITED has the market capitalization of 319.27 M, it has increased by 16.67% over the last week.
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 strong 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.
We've gathered analysts' opinions on 29METALS LIMITED future price: according to them, 29M price has a max estimate of 0.55 AUD and a min estimate of 0.25 AUD. Read a more detailed 29METALS LIMITED forecast: see what analysts think of 29METALS LIMITED and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. 29METALS LIMITED EBITDA is −10.18 M AUD, and current EBITDA margin is −3.92%. See more stats in 29METALS LIMITED financial statements.