Why is 29Metals Limited (ASX: 29M.AX) stock down today?

29M.AX on the ASX is down -7.69% at $0.24 today, with price action that suggests selling interest.

What moved 29Metals Limited (ASX: 29M.AX) stock today?

Today's move in 29M.AX on the ASX came alongside volume -39.84% below average and a day range of $0.24–$0.25.

How much did 29Metals Limited's (ASX: 29M.AX) volume change today?

29M.AX's volume on the ASX was 3.28M, -39.84% below its average.

Is 29Metals Limited (ASX: 29M.AX) breaking a resistance level?

29M.AX on the ASX is trading below its 50-day MA ($0.26) and below its 200-day MA ($0.37), which points to short-term and long-term weakness.

Why Is 29Metals Limited (ASX: 29M.AX) Stock Up Today?

Live update on 29M.AX's movement on the ASX, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

29M.AX●ASX

Basic MaterialsOther Precious Metals

$0.24

$0.02(7.69%)

Australian Market opens in 14h 5m

29M.AX is Down -7.69% today

You might want to check out Why is 29M.AX Down Today?

29Metals Limited (ASX: 29M.AX) Update

Volume (Unusual)

3.28M

↓ 40.00%

Open / Previous Close

$0.25 / $0.26

Day Range (Low / High)

$0.24 - $0.25

29Metals Limited (ASX: 29M.AX) Summary

29Metals Limited (ASX: 29M.AX) is trading down -7.69% at $0.24, reflecting a negative shift in investor sentiment today. The stock opened at $0.25 and has moved between $0.24 and $0.25 so far.

Trading volume is 3278963, which is 40% below its average, and the price action suggests selling interest.

Technically, 29M.AX on the ASX is trading below its 50-day moving average of $0.26 and below its 200-day moving average of $0.37, indicating short-term and long-term weakness.

Meyka's AI assigns 29M.AX a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -29.17% in 1 month ($0.17), +119.86% in 1 year ($0.53), and +139.66% in 5 years ($0.58).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the ASX.
Stay informed and make better investment decisions.

29M.AX (ASX) Technical Signals

Trading below 50-day moving average ($0.26)

Trading below 200-day moving average ($0.37)

Analyst Recommendations data is not available for 29M.AXAnalyst Recommendations details for 29M.AX are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$0.17

1 Year

$0.53

3 Years

$0.55

5 Years

$0.58

Good62.00

Is this change significant?

5-Day:+4.35%

1-Month:-7.69%

3-Month:+9.09%

What's next?

Next earnings date: 7/30/2025