29Metals Ltd Ordinary Shares 29M
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- A$0.45
- Day Range
- A$0.45–0.46
- 52-Week Range
- A$0.19–0.91
- Bid/Ask
- A$0.45 / A$0.46
- Market Cap
- A$322.86 Mil
- Volume/Avg
- 458,751 / 3.2 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.54
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
29Metals Ltd is a copper-focused base and precious metals mining company. 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). The group has three reportable segments which are Golden Grove, Capricorn Copper, and Exploration (which includes Redhill and regional exploration activities at Golden Grove and Capricorn Copper), and the majority of its revenue is generated from golden grove.
- Sector
- Basic Materials
- Industry
- Other Precious Metals & Mining
- Stock Style Box
- Small Value
- Total Number of Employees
- 275
- Website
- https://www.29metals.com
Comparables
Valuation
|
Metric
|
29M
|
RED
|
KNT
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 23.25 | 35.95 |
Price/Book Value | 0.74 | 3.64 | 3.97 |
Price/Sales | 0.54 | 2.29 | 6.52 |
Price/Cash Flow | — | 11.02 | 16.74 |
Price/Earnings
29M
RED
KNT
Financial Strength
|
Metric
|
29M
|
RED
|
KNT
|
|---|---|---|---|
Quick Ratio | 0.78 | 0.38 | 2.06 |
Current Ratio | 1.18 | 0.90 | 2.80 |
Interest Coverage | −10.21 | 3.23 | 14.79 |
Quick Ratio
29M
RED
KNT
Profitability
|
Metric
|
29M
|
RED
|
KNT
|
|---|---|---|---|
Return on Assets (Normalized) | −37.06% | 7.32% | 10.17% |
Return on Equity (Normalized) | −77.98% | 15.79% | 12.01% |
Return on Invested Capital (Normalized) | −47.89% | 13.42% | 11.94% |
Return on Assets
29M
RED
KNT
Other Precious Metals & Mining Industry Comparables
|
1-Day Chart
|
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