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29Metals Ltd
ASX:29M

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29Metals Ltd
ASX:29M
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Price: 0.25 AUD 8.7% Market Closed
Market Cap: 342.8m AUD

Operating Margin
29Metals Ltd

-20.2%
Current
-20%
Average
5.2%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-20.2%
=
Operating Profit
-111.3m
/
Revenue
551.1m

Operating Margin Across Competitors

29Metals Ltd
Glance View

Market Cap
342.2m 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
0.92 AUD
Undervaluation 73%
Intrinsic Value
Price
2
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-20.2%
=
Operating Profit
-111.3m
/
Revenue
551.1m
What is the Operating Margin of 29Metals Ltd?

Based on 29Metals Ltd's most recent financial statements, the company has Operating Margin of -20.2%.

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