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29Metals Ltd
ASX:29M

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29Metals Ltd
ASX:29M
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Price: 0.255 AUD 2% Market Closed
Market Cap: 349.7m AUD

Net Margin
29Metals Ltd

-32.2%
Current
-50%
Average
2.8%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-32.2%
=
Net Income
-177.6m
/
Revenue
551.1m

Net Margin Across Competitors

29Metals Ltd
Glance View

Market Cap
349m AUD
Industry
Metals & Mining

29Metals Ltd. engages in the exploration and development of copper and base and precious metals resources. The firm is engaged in exploring, developing and producing metals in the form of mineral concentrates which are sold to commodity trading firms or smelters for refining and on-sale as a refined metal product for end use. The firm has a portfolio of exploration interests, including regional tenement interests surrounding Capricorn Copper and Golden Grove, and a project in Redhill located in Chile. The Golden Grove mine is located in the mid-west region of Western Australia, approximately 450 kilometer (km) north-east of Perth and 250 km east of Geraldton. The Capricorn Copper is located approximately 120 km north of Mount Isa. The Redhill has a prospective for copper, silver and gold.

29M Intrinsic Value
HIDDEN
Show
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-32.2%
=
Net Income
-177.6m
/
Revenue
551.1m
What is the Net Margin of 29Metals Ltd?

Based on 29Metals Ltd's most recent financial statements, the company has Net Margin of -32.2%.

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