29Metals Ltd (ASX: 29M) Share Price and News

Price

$0.15

Movement

0.015 (+11.11%)

as at 24 Apr - Closed (20 mins delayed)

52 Week Range

$0.105 - $0.5335

 
1 Year Return

-61.64%

29Metals Ltd Chart and Price Data

2025
2025
2025
2025
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$0.25
$0.50
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Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $205.63 million
P/E Ratio 3.69
Dividend Yield 0.00%
Shares Outstanding 1.37 billion
Earnings per share -0.243
Dividend per share 0.04
Year To Date Return -38.78%
Earnings Yield 27.11%
Franking 100%
Share Price

$0.15

Day Change

0.015 (+11.11%)

52 Week Range

$0.105 - $0.5335

Yesterday's Close

$0.135

Today's Open

$0.145

Days Range

$0.14 - $0.15

Volume

6,360,373

Avg. Volume (1 month)

4,491,347

Turnover

$928,363

as at 24 Apr - Closed

  • 29Metals Ltd (ASX: 29M)
    Latest News

    A man looks down with fright as he falls towards the ground.
    Share Fallers

    Why 29Metals, Guzman Y Gomez, Mesoblast, and Pilbara Minerals shares are falling today

    These shares are having a tough time on Thursday. What's going on?

    Read more »

    A man holds his head in his hands, despairing at the bad result he's reading on his computer.
    Capital Raising

    Guess which ASX All Ords stock just crashed 28%!

    What's causing this share to crash deep into the red on Thursday? Let's find out.

    Read more »

    A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
    Share Fallers

    Why 29Metals, Codan, Domain, Playside shares are tumbling today

    These shares are having a tough time on hump day. But why?

    Read more »

    Australian Strategic Materials employee wearing a hard hat at a mine looks into the distance as he checks a folder.
    Resources Shares

    3 ASX mining shares diving on quarterly updates

    ASX investors are bidding down the mining stocks following their updates. But why?

    Read more »

    A woman with strawberry blonde hair has a huge smile on her face and fist pumps the air having seen good news on her phone.
    Share Gainers

    Why 29Metals, Immutep, Insignia, and Perenti shares are pushing higher today

    These shares are avoiding the market selloff. But why?

    Read more »

    Woman in yellow hard hat and gloves puts both thumbs down
    Resources Shares

    4 ASX mining shares being hammered on quarterly updates

    These mining shares are having a difficult session.

    Read more »

    Woman in celebratory fist move looking at phone
    Share Market News

    Why 29Metals, Base Resources, Qantas, and South32 shares are storming higher

    These ASX shares are starting the week strongly. But why?

    Read more »

    A woman with strawberry blonde hair has a huge smile on her face and fist pumps the air having seen good news on her phone.
    Share Gainers

    Why 29Metals, Boss Energy, Cooper Energy, and Ramelius shares are pushing higher

    These shares are having a good time despite the market volatility.

    Read more »

    A worried man holds his head and look at his computer.
    Share Fallers

    Why 29Metals, Brainchip, Platinum, and Premier Investments shares are falling today

    These ASX shares are having a tough time on hump day.

    Read more »

    a business man in a suit holds his hand over his eyes as he bows his head in a defeated post suggesting regret and remorse.
    Materials Shares

    Why did this ASX All Ords stock just crash 36%?

    Investors have been hitting the sell button on Tuesday.

    Read more »

    Man with his head in his head because of falling share price.
    Share Fallers

    Why 29Metals, Atlas Arteria, IDP Education, and Mineral Resources shares are falling

    These ASX shares are having a tough time on Tuesday. But why?

    Read more »

    A smiling miner wearing a high vis vest and yellow hardhat does the thumbs up in front of an open pit copper mine.
    Resources Shares

    Why are ASX copper shares having such a bumper day?

    ASX copper shares are making investors very happy indeed this Thursday.

    Read more »

    Frequently Asked Questions

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    15 Sep 2022 $0.0200 100.00% Interim 14 Oct 2022

    29M ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    23rd Apr 2025 2025-04-23T10:38:11 2025 AGM Notice of MeetingYesNo10:38am202.6M
    23rd Apr 2025 2025-04-23T10:34:06 2024 Corporate Governance Statement and Appendix 4GYesNo10:34am322.9M
    23rd Apr 2025 2025-04-23T10:31:31 2024 Annual Report and Sustainability & ESG ReportYesNo10:31am20915M
    7th Apr 2025 2025-04-07T10:34:00 March 2025 Quarterly Report - Conference Call DetailsYesNo10:34am1186k
    4th Mar 2025 2025-03-04T09:16:06 Notification regarding unquoted securities - 29MYesNo9:16am617k
    4th Mar 2025 2025-03-04T09:11:16 Application for quotation of securities - 29MYesNo9:11am718k
    4th Mar 2025 2025-03-04T09:06:51 Notification of cessation of securities - 29MYesNo9:06am413k
    28th Feb 2025 2025-02-28T15:44:59 2024 Mineral Resources and Ore Reserves Estimates - UpdatedYesNo3:44pm802M
    26th Feb 2025 2025-02-26T08:36:53 Notification of Date of AGMYesNo8:36am1200k
    26th Feb 2025 2025-02-26T08:36:33 2024 Financial Results Summary ReleaseYesNo8:36am5154k

    About 29Metals Ltd

     29Metals Ltd (ASX: 29M) is a copper-focused base and precious metals mining company. It explores, develops, and produces mineral concentrates that are on-sold to commodity traders or to smelters for refining.

    29Metals has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold, silver, and lead) and Capricorn Copper in Queensland (copper and silver). Both sites have estimated mine lives in excess of 10 years.
     
    The company also holds a portfolio of further exploration opportunities, including regional tenement interests around its existing operational sites and a strategic tenement package and exploration project in Redhill, Chile, the world's largest copper-producing nation.

     

    29M Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    24 Apr 2025 $0.15 $0.02 14.81% 6,360,373 $0.15 $0.15 $0.14
    23 Apr 2025 $0.14 $0.02 17.39% 5,865,010 $0.12 $0.14 $0.12
    22 Apr 2025 $0.12 $0.00 0.00% 1,745,061 $0.12 $0.12 $0.12
    17 Apr 2025 $0.12 $0.00 0.00% 2,974,723 $0.12 $0.12 $0.12
    16 Apr 2025 $0.12 $0.00 0.00% 2,108,493 $0.12 $0.12 $0.11
    15 Apr 2025 $0.12 $0.00 0.00% 2,687,383 $0.13 $0.13 $0.12
    14 Apr 2025 $0.12 $0.00 0.00% 3,140,434 $0.12 $0.12 $0.12
    11 Apr 2025 $0.12 $0.00 0.00% 2,551,767 $0.11 $0.12 $0.11
    10 Apr 2025 $0.12 $0.01 9.52% 5,729,205 $0.12 $0.13 $0.11
    09 Apr 2025 $0.11 $-0.01 -8.70% 7,161,459 $0.12 $0.12 $0.11
    08 Apr 2025 $0.12 $0.00 0.00% 2,458,261 $0.12 $0.12 $0.12
    07 Apr 2025 $0.12 $-0.02 -14.81% 9,796,006 $0.13 $0.13 $0.11
    04 Apr 2025 $0.14 $-0.01 -6.90% 8,349,252 $0.14 $0.14 $0.13
    03 Apr 2025 $0.15 $0.00 0.00% 4,356,480 $0.14 $0.15 $0.14
    02 Apr 2025 $0.15 $-0.01 -6.45% 7,464,480 $0.16 $0.16 $0.14
    01 Apr 2025 $0.16 $-0.01 -6.25% 2,959,684 $0.16 $0.17 $0.16
    31 Mar 2025 $0.16 $-0.02 -11.43% 5,316,057 $0.18 $0.18 $0.16
    28 Mar 2025 $0.18 $-0.01 -5.41% 2,128,648 $0.18 $0.18 $0.18

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    27 Dec 2024 Fiona Robertson Issued 99,255 $26,798
    Rights issue.
    27 Dec 2024 Fiona Robertson Issued 25,429 $6,865
    Rights issue.
    27 Dec 2024 Jacqueline (Jacqui) McGill Issued 25,000 $6,750
    Rights issue.
    27 Dec 2024 Martin Alciaturi Issued 87,731 $23,687
    Rights issue.
    27 Dec 2024 Tamara Brown Issued 43,997 $11,879
    Rights issue.
    26 Sep 2024 Tamara Brown Issued 13,492 $5,279
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    26 Sep 2024 Jacqueline (Jacqui) McGill Issued 25,555 $9,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    26 Sep 2024 Martin Alciaturi Issued 25,555 $9,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    26 Sep 2024 Fiona Robertson Issued 25,555 $9,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    24 May 2024 Fiona Robertson Issued 44,277 $19,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    24 May 2024 Jacqueline (Jacqui) McGill Issued 44,277 $19,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    24 May 2024 Martin Alciaturi Issued 44,277 $19,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    24 May 2024 Tamara Brown Issued 30,440 $13,749
    Employee Share Ownership Plan/Directors Salary Sacrifice.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Owen Leigh Hegarty Non-Executive ChairmanNon-Executive Director May 2021
    Mr Hegarty has more than 40 years of experience in the global mining industry with a career spanning executive and directorship roles across multiple mineral commodities and assets in Australia, Asia, Africa, Europe and the Americas. Owen co-founded and is Executive Chairman of EMR Capital, a specialist resources private equity manager with deep operational, investment, sustainability and ESG management expertise applied across the EMR investment portfolio companies. Owen was formerly the Managing Director and Chief Executive Officer of ASX-listed Oxiana Limited, leading the company to its merger with Zinifex Limited in 2008 to form OZ Minerals Limited (formerly ASX: OZL). Owen has served and continues to serve on several government and industry mining advisory bodies and is the recipient of several awards and citations in recognition of his achievements and service to the mining industry.
    Mr Francis Creagh Henry O'Connor Non-Executive Director Apr 2023
    Mr O'Connnor has more than 30 years of experience as an executive and adviser in the mining industry and investment banking. Creagh is a current director and co-founder of GP Securities, a private investment group based in Adelaide. Through GP Securities, Creagh is a founding shareholder of EMR Capital, a specialist resources private equity manager, where Creagh is also currently a non-executive director and senior advisor. Prior to co-founding GP Securities, Creagh held various executive and senior roles in investment banking and corporate advisory, including as Global Head of the Metals & Mining advisory group of Standard Chartered Bank following its acquisition of Gryphon Partners Pty Ltd in 2011, a boutique corporate advisory firm co-founded by Creagh in 2003. Earlier executive and senior management roles included roles as head of corporate business development at formerly ASX listed Normandy Mining Group (1993-2001) (ASX: NDY) and Executive Director of Australian Magnesium Corporation Limited (1996-2001) (ASX: ANM) and Managing Director of Queensland Metals Corporation Limited (1997-2000) (formerly ASX: QMC).
    Ms Fiona A Robertson Non-Executive Director May 2021
    Ms Robertson has more than 40 years of experience as a finance executive and non-executive director, most of this spent within the resources sector. Fiona's senior and executive finance roles included serving as CFO of ASX-listed companies Petsec Energy Limited, Climax Mining Limited and Delta Gold Limited. Fiona's earlier career included credit risk management, corporate banking and resource financing roles with Chase AMP and Chase Manhattan Bank in Australia, New York and London. Fiona is currently an independent non-executive director of ASX-listed Bellevue Gold Limited (ASX: BGL) and Whitehaven Coal Limited (ASX: WHC), where Fiona also chairs the audit & risk committee for both companies. Fiona also serves as a member of Whitehaven Coal's governance & nomination and remuneration committees, and previously served on its health, safety, environment and community committee. Fiona serves on the nomination and remuneration committee and health, safety & sustainability committee for Bellevue Gold. She is Chair of Governance & Risk Committee and a Member of Sustainability Committee.
    Ms Jacqueline (Jacqui) Elizabeth McGill Non-Executive Director May 2021
    Ms McGill has more than 30 years of experience in the mining sector, including in executive and senior leadership roles spanning operations, business development, technology and project management across copper, iron ore and energy, where Jacqui developed experience in managing financial performance, risk management and sustainability. Jacqui's executive career includes 16 years with BHP where Jacqui held roles as President Olympic Dam and President BHP-Mitsui Coal, as well as other senior leadership roles in BHP's copper, uranium and iron ore divisions. At New Hope Corporation, Jacqui is chair of the sustainability committee and serves as a member of the audit and risk, and nomination and remuneration committees. At Goldfields, Jacqui is chair of the social, ethics and transformation committee and serves as a member of several of the board's other standing committees. She is Chair of Sustainability Committee.
    Mr Martin Nicholas Alciaturi Non-Executive Director May 2021
    Mr Alciaturi is an experienced finance professional with combined experience of more than 40 years in investment banking and corporate finance, and as a mining executive. Martin is formerly the executive Finance Director for Sierra Rutile Holdings Limited (ASX: SRX, delisted 2024), a minerals sands mining company that listed on the ASX on 25 July 2022 following a de merger from ASX listed Iluka Resources. Martin also served as a member of Sierra Rutile Holdings' sustainability and social accountability committee. Previously Martin spent 11 years as chief financial officer and executive director with Aquila Resources Limited (ASX: AQA, delisted 2014), where Martin's responsibilities included strategy, business development, investor relations, finance and administration. Prior to Aquila, Martin spent 30 years in investment banking and corporate finance, including as Head of Corporate Finance at Macquarie Capital in Perth, Partner-in-charge for Corporate Finance at EY in Perth (including head of the EY natural resources team), and as an executive director with Poynton Corporate. He is a Member of Governance & Risk Committee.
    Ms Tamara Lee Brown Non-Executive Director Apr 2023
    Ms Brown has an engineering background and more than 25 years of experience in the finance and mining sectors. Tamara is currently a Partner of Oberon Capital Corporation, a Canadian boutique energy and mineral resources investment banking firm. Prior to joining Oberon Capital, Tamara held various senior management and executive roles, including interim Chief Executive Officer with formerly TSX-listed Superior Gold Inc. (TSX.V: SGI) (2020-2021), and corporate development and investor relations roles with Newcrest Mining Limited (ASX: NCM) (2018-2020), Primero Mining Corp. At Lithium Royalty Corp, Tamara serves on several board committees, including as chair of the audit committee and member of the compensation, nominating and governance committees. At Orla Mining, Tamara chairs the environmental, sustainability, health and safety committee, and serves as a member of the technical, and human resources and compensation committees. She is a Member of Governance & Risk Committee and a Member of Sustainability Committee.
    Mr James Richard Palmer Chief Executive Officer May 2024
    -
    Ms Melinda Shiell Company Secretary Jan 2025
    -
    James Richard Palmer Chief Executive Officer
    -
    Peter Herbert Chief Financial Officer
    -
    Ed Cooney Chief Operating Officer
    -
    David Star Commercial Manager
    -
    Melinda Shiell Company Secretary
    -
    Barry Shean General Manager Operations Capricorn Copper
    -
    Brett Milner General Manager Operations Golden Grove
    -
    Kristen Stella Group Executive Corporate Development
    -
    Lucas Williams Group Executive Geology & Exploration
    -
    Melinda Shiell Group Executive Governance & Secretariat and Company Secretary
    -
    Adrianna Quinn Group Executive People & Culture
    -
    Grace Fong Group Financial Controller
    -
    Tom Hennessy Group Manager Business Planning & Analysis
    -
    Scott Campbell Marketing Manager
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    J P Morgan Nominees Australia Pty Limited 276,002,334 20.14%
    Bukit Makmur Mandiri Utama Pte Ltd 263,952,583 19.26%
    Perpetual Nominees Limited 214,882,777 15.68%
    EMR Capital Investment (No.6B) Pte. Ltd. 64,812,484 4.73%
    BNP Parabis Noms Pty Ltd 58,772,179 4.29%
    Citicorp Nominees Pty Limited 50,908,315 3.71%
    Glencore Australia Holdings Pty Limited 37,037,038 2.70%
    EMR Capital Advisors Pty Ltd 31,124,019 2.27%
    HSBC Custody Nominees (Australia) Limited 23,353,715 1.70%
    Perth Capital Pty Ltd 15,201,293 1.11%
    Warbont Nominees Pty Ltd 14,508,948 1.06%
    Lavya Pty Ltd 10,405,991 0.76%
    Wythenshawe Pty Ltd 10,000,000 0.73%
    Aigle Royal Capital Pty Ltd 10,000,000 0.73%
    BUMA Australia Pty Ltd 7,983,915 0.58%
    Gibson Minerals 7,407,408 0.54%
    Glyde Street Nominees Pty Ltd 7,000,000 0.51%
    Mr Joshua N Pitt 5,555,556 0.41%
    Vermar Pty Ltd 5,100,000 0.37%
    Hansen Little Foundation Pty Limited 4,890,000 0.36%

    Profile

    since

    Note