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29Metals Ltd
ASX:29M

Watchlist Manager
29Metals Ltd
ASX:29M
Watchlist
Price: 0.48 AUD Market Closed
Updated: May 6, 2024
Section:
 

Wall Street
Price Targets

29M Price Targets Summary
29Metals Ltd

Wall Street analysts forecast 29M stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for 29M is 0.44 AUD with a low forecast of 0.26 AUD and a high forecast of 0.58 AUD.

29M Lowest Forecast
Wall Street Target
0.26 AUD
45% Downside
29M Average Forecast
Wall Street Target
0.44 AUD
9% Downside
29M Highest Forecast
Wall Street Target
0.58 AUD
20% Upside
Lowest
Price Target
0.26 AUD
45% Downside
Average
Price Target
0.44 AUD
9% Downside
Highest
Price Target
0.58 AUD
20% Upside
29Metals Ltd Competitors:
Price Targets
ARG
Amerigo Resources Ltd
18% Upside
000962
Ningxia Orient Tantalum Industry Co Ltd
39% Downside
IGO
IGO Ltd
2% Upside
INCO
Vale Indonesia Tbk PT
26% Upside
ARG
Amerigo Resources Ltd
18% Upside
000962
Ningxia Orient Tantalum Industry Co Ltd
39% Downside
IGO
IGO Ltd
2% Upside
INCO
Vale Indonesia Tbk PT
26% Upside
BRMS
Bumi Resources Minerals Tbk PT
41% Upside
300618
Nanjing Hanrui Cobalt Co Ltd
30% Upside
C
600111
China Northern Rare Earth Group High-Tech Co Ltd
32% Upside
TMC
TMC the metals company Inc
198% Upside

Revenue
Forecast

Revenue Estimate
29Metals Ltd

For the last 4 years the compound annual growth rate for 29Metals Ltd's revenue is -1%. The projected CAGR for the next 3 years is 24%.

-1%
Past Growth
24%
Estimated Growth
Estimates Accuracy
-1%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
29Metals Ltd

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
29Metals Ltd

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
40%
Average Beat
What are analyst estimates?

See Also

Summary
29M intrinsic value, competitors valuation, and company profile.
DCF Valuation
29M stock valuation using Discount Cash Flow valuation method.
Relative Valuation
29M stock valuation using valuation multiples.
Wall Street Estimates
29M price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
29M stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is 29M's stock price target?
Price Target
0.44 AUD

According to Wall Street analysts, the average 1-year price target for 29M is 0.44 AUD with a low forecast of 0.26 AUD and a high forecast of 0.58 AUD.

What is 29Metals Ltd's Revenue forecast?
Projected CAGR
24%

For the last 4 years the compound annual growth rate for 29Metals Ltd's revenue is -1%. The projected CAGR for the next 3 years is 24%.

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