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29Metals Ltd
ASX:29M

Watchlist Manager
29Metals Ltd
ASX:29M
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Price: 0.412 AUD -8.44% Market Closed
Market Cap: AU$565.4m

Net Margin

-5.7%
Current
Improving
by 43.9%
vs 3-y average of -49.6%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
-5.7%
=
Net Income
AU$-33.1m
/
Revenue
AU$579m

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
-5.7%
=
Net Income
AU$-33.1m
/
Revenue
AU$579m

Peer Comparison

Country Company Market Cap Net
Margin
AU
29Metals Ltd
ASX:29M
565m AUD
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AU
BHP Group Ltd
ASX:BHP
249B AUD
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AU
Rio Tinto Ltd
ASX:RIO
258B AUD
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UK
Rio Tinto PLC
LSE:RIO
111B GBP
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MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.6T MXN
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CH
Glencore PLC
LSE:GLEN
56B GBP
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CN
CMOC Group Ltd
SSE:603993
469B CNY
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SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR
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CN
China Molybdenum Co Ltd
OTC:CMCLF
61B USD
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UK
Anglo American PLC
LSE:AAL
40.8B GBP
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ZA
African Rainbow Minerals Ltd
JSE:ARI
48.1B ZAR
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Market Distribution

In line with most companies in Australia
Percentile
58th
Based on 4 004 companies
58th percentile
-5.7%
Low
-16 177 900% — -544.7%
Typical Range
-544.7% — 3.1%
High
3.1% — 3 174 540%
Distribution Statistics
Australia
Min -16 177 900%
30th Percentile -544.7%
Median -27.7%
70th Percentile 3.1%
Max 3 174 540%

29Metals Ltd
Glance View

Market Cap
565.4m 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
0.601 AUD
Undervaluation 31%
Intrinsic Value
Price
2
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
-5.7%
=
Net Income
AU$-33.1m
/
Revenue
AU$579m
What is 29Metals Ltd's current Net Margin?

The current Net Margin for 29Metals Ltd is -5.7%, which is above its 3-year median of -49.6%.

How has Net Margin changed over time?

Over the last 3 years, 29Metals Ltd’s Net Margin has increased from -6.6% to -5.7%. During this period, it reached a low of -97.9% on Dec 31, 2023 and a high of -5.7% on Jul 30, 2025.

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