29Metals Limited
29Metals Limited (29M.AX) Stock Overview
Explore 29Metals Limited’s financial performance, market position, analyst ratings, and future outlook.
29M.AX Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of 29Metals Limited (29M.AX) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
The current technical analysis reveals key indicators including an RSI of 71.38, suggesting the stock is in an overbought condition. Our forecasting models predict significant price movements, with a 12-month target of $0.14.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of -1.07 and a market capitalization of 342.8M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Technical Indicators
Company Profile
29Metals Limited explores, develops, and produces copper focused base and precious metals. The company explores for copper, zinc, gold, and silver deposits. It holds interest in the Golden Grove property located in Western Australia; the Capricorn Copper property situated in Queensland; and the Redhill project located in southern Chile. The company was incorporated in 2021 and is headquartered in Melbourne, Australia.
Mr. James Palmer B.E.
1,130
150 Collins Street, Melbourne, VIC
2021