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29Metals Ltd Ordinary Shares 29M

Morningstar Rating
A$0.48 0.00 (0.00%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

29M is trading within a range we consider fairly valued.
Price
A$0.48
Fair Value
A$9.93
Uncertainty
Extreme
1-Star Price
A$9.85
5-Star Price
A$2.67
Economic Moat
Cpl
Capital Allocation
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Trading Information

Previous Close Price
A$0.48
Day Range
A$0.480.49
52-Week Range
A$0.191.26
Bid/Ask
A$0.48 / A$0.49
Market Cap
A$336.82 Mil
Volume/Avg
1.5 Mil / 6.0 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.58
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

29Metals Ltd is a copper-focused base and precious metals mining company. It has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold, and silver) and Capricorn Copper in Queensland (copper and silver).
Sector
Basic Materials
Industry
Other Precious Metals & Mining
Stock Style Box
Small Value
Total Number of Employees
275

Comparables

Valuation

Metric
29M
GMD
DLI
Price/Earnings (Normalized)
Price/Book Value
0.802.130.85
Price/Sales
0.585.19
Price/Cash Flow
Price/Earnings
29M
GMD
DLI

Financial Strength

Metric
29M
GMD
DLI
Quick Ratio
0.782.317.02
Current Ratio
1.182.657.02
Interest Coverage
−10.21
Quick Ratio
29M
GMD
DLI

Profitability

Metric
29M
GMD
DLI
Return on Assets (Normalized)
−37.06%−6.66%
Return on Equity (Normalized)
−77.98%−8.40%
Return on Invested Capital (Normalized)
−47.89%−8.19%
Return on Assets
29M
GMD
DLI
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Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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AGPPF
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FNLPF
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IMPUY
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IMPUF
Impala Platinum Holdings LtdBxp$4.0 Bil
BVN
Compañía de Minas Buenaventura SAA ADRMyfdqsgTcty$3.9 Bil
TFPM
Triple Flag Precious Metals CorpCvvcrms$3.3 Bil
HL
Hecla Mining CoTmblb$2.9 Bil
NPTLF
Northam Platinum Holdings LtdZml$2.6 Bil
OICT
Oicintra IncVzbmyk$2.4 Bil

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