29M.AX
Price:
$0.29
Market Cap:
$396.91M
29Metals Limited is engaged in the exploration, development, and extraction of base and precious metals, with a particular emphasis on copper. The firm actively searches for mineral deposits containing copper, zinc, gold, and silver. Its portfolio of assets includes the Golden Grove property in Western Australia, the Capricorn Copper operation in Queensland, and the Redhill project in southern Chile. Formed in 2021, 29Metals Limited maintains its head office 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 14.50. This represents a change of -436.69% compared to the average of -4.31 of the last 4 quarters.
The mean historical PE Ratio of 29Metals Limited over the last ten years is 10.66. The current 14.50 PE Ratio has changed 13.51% 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 2025 quarter at -18.80.
Average
10.66
Median
5.34
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 = -3537.73%
Minimum Annual PE Ratio = -17.35
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 34.64 | -3537.73% |
| 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, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
10.97
5-year avg
5.28
10-year avg
10.66
29Metals Limited’s PE Ratio is greater than Minerals 260 Limited (-64.52), greater than Larvotto Resources Limited (-38.32), greater than Metallium Limited (-5.46), greater than PMET Resources Inc. (-176.26), greater than St Barbara Limited (-17.01), greater than Santana Minerals Limited (-316.67), greater than Bougainville Copper Limited (-28.63), greater than Arafura Rare Earths Limited (-65.53), less than Black Cat Syndicate Limited (43.20), less than Strickland Metals Limited (89.75),
| Company | PE Ratio | Market cap |
|---|---|---|
| -64.52 | $2.11B | |
| -38.32 | $734.46M | |
| -5.46 | $313.71M | |
| -176.26 | $1.22B | |
| -17.01 | $774.27M | |
| -316.67 | $365.80M | |
| -28.63 | $152.40M | |
| -65.53 | $667.10M | |
| 43.20 | $801.76M | |
| 89.75 | $220.16M |
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