29Metals Ltd
ASX:29M
Intrinsic Value
29Metals Ltd. engages in the exploration and development of copper and base and precious metals resources. [ Read More ]
The intrinsic value of one 29M stock under the Base Case scenario is 6.37 AUD. Compared to the current market price of 0.47 AUD, 29Metals Ltd is Undervalued by 93%.
Fundamental Analysis
Balance Sheet Decomposition
29Metals Ltd
Current Assets | 306.7m |
Cash & Short-Term Investments | 174.4m |
Receivables | 28.1m |
Other Current Assets | 104.2m |
Non-Current Assets | 674.5m |
PP&E | 668.8m |
Intangibles | 78k |
Other Non-Current Assets | 5.7m |
Current Liabilities | 260.5m |
Accounts Payable | 118.9m |
Accrued Liabilities | 16.4m |
Other Current Liabilities | 125.3m |
Non-Current Liabilities | 298.4m |
Long-Term Debt | 151.3m |
Other Non-Current Liabilities | 147m |
Earnings Waterfall
29Metals Ltd
Revenue
|
449.7m
AUD
|
Cost of Revenue
|
-540.9m
AUD
|
Gross Profit
|
-91.1m
AUD
|
Operating Expenses
|
-42.3m
AUD
|
Operating Income
|
-133.4m
AUD
|
Other Expenses
|
-307m
AUD
|
Net Income
|
-440.5m
AUD
|
Free Cash Flow Analysis
29Metals Ltd
29M Profitability Score
Profitability Due Diligence
29Metals Ltd's profitability score is 17/100. The higher the profitability score, the more profitable the company is.
Score
29Metals Ltd's profitability score is 17/100. The higher the profitability score, the more profitable the company is.
29M Solvency Score
Solvency Due Diligence
29Metals Ltd's solvency score is 48/100. The higher the solvency score, the more solvent the company is.
Score
29Metals Ltd's solvency score is 48/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
29M Price Targets Summary
29Metals Ltd
According to Wall Street analysts, the average 1-year price target for 29M is 0.44 AUD with a low forecast of 0.25 AUD and a high forecast of 0.63 AUD.
Shareholder Return
29M Price
29Metals Ltd
Average Annual Return | 8.33% |
Standard Deviation of Annual Returns | 67.25% |
Max Drawdown | -94% |
Market Capitalization | 329.6m AUD |
Shares Outstanding | 701 699 008 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
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.