29M.AX
Price:
$0.5
Market Cap:
$686.17M
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.
Industry
Other Precious Metals
IPO Date
2021-07-02
Stock Exchange
ASX
Ticker
29M.AX
According to 29Metals Limited’s latest financial reports and current stock price. The company's current PE Ratio is -6.25. This represents a change of -3155.97% compared to the average of 0.20 of the last 4 quarters.
The mean historical PE Ratio of 29Metals Limited over the last ten years is 7.23. The current -6.25 PE Ratio has changed -8743.92% with respect to the historical average. Over the past ten years (40 quarters), 29M.AX's PE Ratio was at its highest in in the June 2022 quarter at 474.39. The PE Ratio was at its lowest in in the December 2022 quarter at -4.30.
Average
7.23
Median
0
Minimum
-17.35
Maximum
48.19
Discovering the peaks and valleys of 29Metals Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual PE Ratio = 48.19
Minimum Annual Increase = -260.16%
Minimum Annual PE Ratio = -17.35
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -1.01 | 40.37% |
| 2023 | -0.72 | -95.86% |
| 2022 | -17.35 | -260.16% |
| 2021 | 10.83 | Infinity% |
| 2020 | 0 | -100.00% |
| 2019 | 10.67 | -77.86% |
The current PE Ratio of 29Metals Limited (29M.AX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-6.36
5-year avg
-1.65
10-year avg
7.23
29Metals Limited’s PE Ratio is greater than Minerals 260 Limited (-24.96), greater than Larvotto Resources Limited (-19.30), greater than Metallium Limited (-11.21), greater than PMET Resources Inc. (-162.27), greater than St Barbara Limited (-6.35), greater than Santana Minerals Limited (-382.05), greater than Bougainville Copper Limited (-50.69), greater than Arafura Rare Earths Limited (-28.18), greater than Black Cat Syndicate Limited (-27.30), less than Strickland Metals Limited (1.03K),
| Company | PE Ratio | Market cap |
|---|---|---|
| -24.96 | $882.12M | |
| -19.30 | $527.88M | |
| -11.21 | $483.38M | |
| -162.27 | $965.51M | |
| -6.35 | $598.23M | |
| -382.05 | $542.29M | |
| -50.69 | $260.69M | |
| -28.18 | $617.69M | |
| -27.30 | $810.62M | |
| 1.03K | $445.59M |
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