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

Price

$0.155

Movement

0.005 (-3.13%)

as at 13 May 11:27am (20 mins delayed)

52 Week Range

$0.105 - $0.5335

 
1 Year Return

-64.77%

29Metals Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $219.41 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 -46.94%
Earnings Yield 27.11%
Franking 100%
Share Price

$0.155

Day Change

0.005 (-3.13%)

52 Week Range

$0.105 - $0.5335

Yesterday's Close

$0.16

Today's Open

$0.16

Days Range

$0.155 - $0.1675

Volume

2,088,357

Avg. Volume (1 month)

5,658,100

Turnover

$337,425

as at 13 May 11:27am

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

    Man in yellow hard hat looks through binoculars as man in white hard hat stands behind him and points.
    Materials Shares

    One ASX mining sector at risk of more pain, and one ready to soar!

    Experts weigh in on the potential winners and losers of Aussie mining amid over and under supply.

    Read more »

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

    Why 29Metals, Aroa Biosurgery, Mader, and Netwealth shares are falling

    Investors are selling down these shares on Tuesday. But why?

    Read more »

    A woman with a sad face looks to be receiving bad news on her phone as she holds it in her hands and looks down at it.
    Share Fallers

    Why 29Metals, Alumina, Beach Energy, and Worley shares are falling today

    These ASX shares are having a disappointing session. But why?

    Read more »

    A smiling businessman in the city looks at his phone and punches the air in celebration of good news.
    Share Gainers

    Why 29Metals, Deterra Royalties, Fonterra, and South32 shares are pushing higher

    Not all shares are sinking into the red on Thursday.

    Read more »

    Two excited mining workers in yellow high vis vests and hardhats shake hands to congratulate each other on a mineral discovery
    Broker Notes

    2 All Ords mining stocks just upgraded by Morgan Stanley

    The top broker has slapped overweight ratings on these miners today.

    Read more »

    Share Market News

    These are the 10 most shorted ASX shares

    Here's why short sellers are betting on these ASX shares dropping in value.

    Read more »

    People sit in rollercoaster seats with expressions of fear, terror and exhilaration as it goes into a steep downward descent representing the Novonix share price in FY22
    Capital Raising

    29Metals share price sinks 10% after miner taps investors for $122 million

    The institutional component of the miner's capital raising announced this week achieved a 97% take-up rate.

    Read more »

    A smiling businessman in the city looks at his phone and punches the air in celebration of good news.
    Share Gainers

    Why 29Metals, Dicker Data, Harvey Norman, and IGO shares are charging higher

    These ASX shares are catching the eye on Thursday.

    Read more »

    Earnings Results

    Guess which ASX mining stock just reported a $307 million loss, and is now in a trading halt

    This copper and zinc miner remains in a trading halt amid announcing its 1H FY23 results and a capital raise…

    Read more »

    two colleagues high five each other as they sit side by side at a long desk in front of their laptop computers in an office environment.
    Share Gainers

    Why 29Metals, Baby Bunting, Lynas, and Patriot Battery Metals are storming higher

    These ASX shares are having a strong session.

    Read more »

    Three guys in shirts and ties give the thumbs down.
    Share Fallers

    Why 29Metals, Core Lithium, Domino's, and Mesoblast shares are falling

    These ASX shares are being sold off on Tuesday.

    Read more »

    Man drawing an upward line on a bar graph symbolising a rising share price.
    Share Gainers

    Why 29Metals, APM, Megaport, and Mesoblast shares are racing higher

    These ASX shares are ending the week strongly.

    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

    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
    12 May 2025 $0.16 $0.03 23.08% 8,763,921 $0.13 $0.16 $0.13
    09 May 2025 $0.13 $0.01 8.00% 1,145,136 $0.13 $0.13 $0.13
    08 May 2025 $0.13 $0.00 0.00% 712,928 $0.13 $0.13 $0.12
    07 May 2025 $0.13 $0.00 0.00% 1,800,625 $0.12 $0.13 $0.12
    06 May 2025 $0.13 $0.00 0.00% 1,628,729 $0.13 $0.13 $0.12
    05 May 2025 $0.13 $0.01 8.33% 1,695,751 $0.12 $0.13 $0.12
    02 May 2025 $0.12 $0.00 0.00% 4,740,516 $0.12 $0.13 $0.12
    01 May 2025 $0.12 $0.00 0.00% 900,631 $0.12 $0.12 $0.12
    30 Apr 2025 $0.12 $-0.02 -14.81% 31,895,315 $0.14 $0.14 $0.11
    29 Apr 2025 $0.14 $-0.02 -12.90% 10,123,036 $0.14 $0.15 $0.14
    28 Apr 2025 $0.16 $0.01 6.67% 13,557,732 $0.17 $0.17 $0.15
    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

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    02 May 2025 Fiona Robertson Issued 125,078 $19,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    02 May 2025 Jacqueline (Jacqui) McGill Issued 125,078 $19,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    02 May 2025 Martin Alciaturi Issued 125,078 $19,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    02 May 2025 Tamara Brown Issued 68,792 $10,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    27 Dec 2024 Tamara Brown Issued 43,997 $11,879
    Rights issue.
    27 Dec 2024 Martin Alciaturi Issued 87,731 $23,687
    Rights issue.
    27 Dec 2024 Jacqueline (Jacqui) McGill Issued 25,000 $6,750
    Rights issue.
    27 Dec 2024 Fiona Robertson Issued 99,255 $26,798
    Rights issue.
    27 Dec 2024 Fiona Robertson Issued 25,429 $6,865
    Rights issue.
    26 Sep 2024 Fiona Robertson Issued 25,555 $9,999
    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 Tamara Brown Issued 13,492 $5,279
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    24 May 2024 Tamara Brown Issued 30,440 $13,749
    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 Jacqueline (Jacqui) McGill Issued 44,277 $19,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    24 May 2024 Fiona Robertson Issued 44,277 $19,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.

    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