Company 29Metals Limited

Equities

29M

AU0000157067

Diversified Mining

Market Closed - Australian S.E. 02:10:43 2024-04-26 am EDT 5-day change 1st Jan Change
0.47 AUD +6.82% Intraday chart for 29Metals Limited +8.05% -27.13%

Business Summary

29Metals Limited is a copper-focused base and precious metals mining company with producing and exploration assets in Australia and Chile. The principal activities of the Company are mining and mineral production, mineral concentrate sales, and mineral exploration and development. It has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold and silver) and Capricorn Copper in Queensland (copper and silver). Its near-mine and regional exploration activities, including the Redhill exploration project located in southern Chile. The Golden Grove mine has a history of discovery with mining leases covering over 129 square kilometers (km2). The Capricorn Copper mine covering approximately 1,858 km2 within the highly prospective Western Fold Belt of the Mount Isa Inlier. Redhill exploration project comprises the Cutters Cove project, located around the historical Cutters Cove copper mine and surrounding prospects. It holds 100% in Redhill exploration project.

Sales per Business

AUD in Million2022Weight2023Weight Delta
Golden Grove
83.4 %
434 60.2 % 375 83.4 % -13.52%
Capricorn Copper
16.6 %
287 39.8 % 75 16.6 % -74.00%

Sales per region

AUD in Million2022Weight2023Weight Delta
South Korea
48.7 %
311 43.2 % 219 48.7 % -29.55%
Australia
29.7 %
351 48.7 % 133 29.7 % -61.98%
China
21.6 %
59 8.2 % 97 21.6 % +65.02%

Managers

Managers TitleAgeSince
Chief Executive Officer 65 21-06-30
Director of Finance/CFO - 21-07-01
Chief Operating Officer - 21-07-20
Investor Relations Contact - -
Corporate Officer/Principal - -
General Counsel 47 21-05-26

Members of the board

Members of the board TitleAgeSince
Chairman 76 21-05-26
Director/Board Member 68 21-05-26
Chief Executive Officer 65 21-06-30
Director/Board Member 51 23-04-16
Director/Board Member - 23-04-16
Director/Board Member 62 21-05-26
Director/Board Member 55 21-05-26

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 701,315,330 381,957,724 ( 54.46 %) 0 54.46 %

Shareholders

NameEquities%Valuation
EMR Capital Pty Ltd.
44.82 %
314,479,637 44.82 % 77 M $
AustralianSuper Pty Ltd.
14.37 %
100,833,570 14.37 % 25 M $
Ausbil Investment Management Ltd.
9.473 %
66,471,507 9.473 % 16 M $
Yarra Funds Management Ltd.
5.932 %
41,626,020 5.932 % 10 M $
Perpetual Investment Management Ltd.
3.466 %
24,321,933 3.466 % 6 M $
Netwealth Investments Ltd.
0.5689 %
3,991,951 0.5689 % 976 631 $
3,600,000 0.5130 % 880 740 $
Yarra Investment Management Ltd.
0.4932 %
3,460,662 0.4932 % 846 651 $
DFA Australia Ltd.
0.3596 %
2,523,032 0.3596 % 617 260 $
Russell Investment Management Ltd.
0.2766 %
1,940,767 0.2766 % 474 809 $

Company contact information

29metals Ltd.

Level 2 150 Collins Street

3000, Melbourne

+

http://www.29metals.com
address 29Metals Limited(29M)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
9
Last Close Price
0.3065 USD
Average target price
0.2761 USD
Spread / Average Target
-9.92%
Consensus
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