29Metals Ltd (ASX: 29M) Share Price and News

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29Metals Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $326.37 million
P/E Ratio 3.69
Dividend Yield 0.00%
Shares Outstanding 701.86 million
Earnings per share -0.799
Dividend per share 0.04
Year To Date Return -27.13%
Earnings Yield 27.11%
Franking 100%
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as at 24 Feb 3:44pm

  • 29Metals Ltd (ASX: 29M)
    Latest News

    Woman in yellow hard hat and gloves puts both thumbs down
    Resources Shares

    4 ASX mining shares being hammered on quarterly updates

    These mining shares are having a difficult session.

    Read more »

    Woman in celebratory fist move looking at phone
    Share Market News

    Why 29Metals, Base Resources, Qantas, and South32 shares are storming higher

    These ASX shares are starting the week strongly. But why?

    Read more »

    A woman with strawberry blonde hair has a huge smile on her face and fist pumps the air having seen good news on her phone.
    Share Gainers

    Why 29Metals, Boss Energy, Cooper Energy, and Ramelius shares are pushing higher

    These shares are having a good time despite the market volatility.

    Read more »

    A worried man holds his head and look at his computer.
    Share Fallers

    Why 29Metals, Brainchip, Platinum, and Premier Investments shares are falling today

    These ASX shares are having a tough time on hump day.

    Read more »

    a business man in a suit holds his hand over his eyes as he bows his head in a defeated post suggesting regret and remorse.
    Materials Shares

    Why did this ASX All Ords stock just crash 36%?

    Investors have been hitting the sell button on Tuesday.

    Read more »

    Man with his head in his head because of falling share price.
    Share Fallers

    Why 29Metals, Atlas Arteria, IDP Education, and Mineral Resources shares are falling

    These ASX shares are having a tough time on Tuesday. But why?

    Read more »

    A smiling miner wearing a high vis vest and yellow hardhat and working for Superior Resources does the thumbs up in front of an open pit copper mine, indicating positive news for the company's share price today following a significant copper discovery
    Resources Shares

    Why are ASX copper shares having such a bumper day?

    ASX copper shares are making investors very happy indeed this Thursday.

    Read more »

    Man in yellow hard hat looks through binoculars as man in white hard hat stands behind him and points.
    Materials Shares

    One ASX mining sector at risk of more pain, and one ready to soar!

    Experts weigh in on the potential winners and losers of Aussie mining amid over and under supply.

    Read more »

    A worried man holds his head and look at his computer.
    Share Fallers

    Why 29Metals, Aroa Biosurgery, Mader, and Netwealth shares are falling

    Investors are selling down these shares on Tuesday. But why?

    Read more »

    A woman with a sad face looks to be receiving bad news on her phone as she holds it in her hands and looks down at it.
    Share Fallers

    Why 29Metals, Alumina, Beach Energy, and Worley shares are falling today

    These ASX shares are having a disappointing session. But why?

    Read more »

    A smiling businessman in the city looks at his phone and punches the air in celebration of good news.
    Share Gainers

    Why 29Metals, Deterra Royalties, Fonterra, and South32 shares are pushing higher

    Not all shares are sinking into the red on Thursday.

    Read more »

    Two excited mining workers in yellow high vis vests and hardhats shake hands to congratulate each other on a mineral discovery
    Broker Notes

    2 All Ords mining stocks just upgraded by Morgan Stanley

    The top broker has slapped overweight ratings on these miners today.

    Read more »

    Frequently Asked Questions

    Yes, 29Metals made its first fully franked dividend payment in October 2022.

    29Metals listed on the ASX on 2 July 2021.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    15 Sep 2022 $0.0200 100.00% Interim 14 Oct 2022

    29M ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About 29Metals Ltd

     29Metals Ltd (ASX: 29M) is a copper-focused base and precious metals mining company. It explores, develops, and produces mineral concentrates that are on-sold to commodity traders or to smelters for refining.

    29Metals has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold, silver, and lead) and Capricorn Copper in Queensland (copper and silver). Both sites have estimated mine lives in excess of 10 years.
     
    The company also holds a portfolio of further exploration opportunities, including regional tenement interests around its existing operational sites and a strategic tenement package and exploration project in Redhill, Chile, the world's largest copper-producing nation.

     

    29M Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    14 Jun 2024 $0.47 $0.00 0.00% 1,813,439 $0.48 $0.48 $0.47
    13 Jun 2024 $0.47 $-0.02 -4.08% 1,930,727 $0.49 $0.49 $0.47
    12 Jun 2024 $0.49 $-0.02 -3.96% 2,305,504 $0.51 $0.51 $0.48
    11 Jun 2024 $0.51 $-0.03 -5.66% 2,424,535 $0.53 $0.54 $0.50
    07 Jun 2024 $0.53 $0.03 6.00% 2,477,201 $0.52 $0.54 $0.52
    06 Jun 2024 $0.50 $-0.02 -3.88% 3,832,102 $0.54 $0.54 $0.50
    05 Jun 2024 $0.52 $-0.03 -5.50% 3,162,120 $0.54 $0.54 $0.51
    04 Jun 2024 $0.55 $-0.03 -5.17% 3,183,949 $0.59 $0.59 $0.54
    03 Jun 2024 $0.58 $0.04 7.41% 4,679,977 $0.55 $0.60 $0.55
    31 May 2024 $0.54 $-0.01 -1.83% 3,086,885 $0.54 $0.55 $0.52
    30 May 2024 $0.55 $-0.05 -8.40% 3,647,847 $0.59 $0.59 $0.54
    29 May 2024 $0.60 $0.03 5.36% 5,846,077 $0.57 $0.60 $0.57
    28 May 2024 $0.56 $0.03 5.61% 6,535,010 $0.54 $0.58 $0.54
    27 May 2024 $0.54 $0.03 5.94% 2,789,522 $0.51 $0.54 $0.51
    24 May 2024 $0.51 $0.01 2.02% 2,311,014 $0.49 $0.52 $0.49
    23 May 2024 $0.50 $-0.03 -5.71% 3,268,421 $0.51 $0.51 $0.49
    22 May 2024 $0.53 $-0.04 -7.14% 3,480,378 $0.55 $0.57 $0.52
    21 May 2024 $0.56 $0.02 3.70% 6,594,658 $0.54 $0.59 $0.53
    20 May 2024 $0.54 $0.04 8.00% 9,402,147 $0.52 $0.55 $0.52
    17 May 2024 $0.50 $0.02 4.12% 1,950,882 $0.49 $0.51 $0.48
    16 May 2024 $0.49 $-0.01 -2.02% 1,626,004 $0.51 $0.51 $0.49

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    24 May 2024 Fiona Robertson Issued 44,277 $19,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    24 May 2024 Jacqueline (Jacqui) McGill Issued 44,277 $19,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    24 May 2024 Martin Alciaturi Issued 44,277 $19,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    24 May 2024 Tamara Brown Issued 30,440 $13,749
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    06 Mar 2024 Peter Albert Exercise 145,304 $53,035
    Conversion of securities. 9,38,759 Rights
    06 Mar 2024 Peter Albert Issued 145,304 $53,035
    Conversion of securities.
    28 Nov 2023 Fiona Robertson Issued 14,575 $9,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    28 Nov 2023 Jacqueline (Jacqui) McGill Issued 14,575 $9,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    28 Nov 2023 Martin Alciaturi Issued 14,575 $9,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    28 Nov 2023 Tamara Brown Issued 12,024 $8,249
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    03 Oct 2023 Tamara Brown Issued 6,959 $5,169
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    03 Oct 2023 Martin Alciaturi Issued 21,727 $14,991
    Rights issue.
    03 Oct 2023 Martin Alciaturi Issued 13,460 $9,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    03 Oct 2023 Jacqueline (Jacqui) McGill Issued 13,460 $9,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    03 Oct 2023 Jacqueline (Jacqui) McGill Issued 13,772 $9,502
    Rights issue.
    03 Oct 2023 Fiona Robertson Issued 11,364 $7,841
    Rights issue.
    03 Oct 2023 Fiona Robertson Issued 13,772 $9,502
    Rights issue.
    03 Oct 2023 Fiona Robertson Issued 13,460 $9,999
    Employee Share Ownership Plan/Directors Salary Sacrifice.
    02 Oct 2023 Francis O'Connor Issued 136,364 $94,091
    Rights issue.
    02 Oct 2023 Owen Hegarty Issued 22,728 $15,682
    Rights issue.
    02 Oct 2023 Peter Albert Issued 50,001 $34,500
    Rights issue.
    02 Oct 2023 Peter Albert Issued 90,910 $62,727
    Rights issue. As per announcement in 05-10-2023
    05 Sep 2023 Martin Alciaturi Buy 100,000 $76,000
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Owen Leigh Hegarty Non-Executive ChairmanNon-Executive Director May 2021
    Mr Hegarty has more than 40 years' experience in the global mining industry with a career spanning executive and directorship roles across multiple mineral commodities and assets in Australia, Asia, Africa, Europe and the Americas. Owen co founded and is Executive Chairman of EMR Capital, a specialist resources private equity manager with operational, investment, sustainability and ESG management expertise applied across the EMR investment portfolio companies. Owen's career included 25 years with the Rio Tinto Group, including as Managing Director of Rio Tinto Asia and Rio Tinto's Australian copper and gold business. Owen has served and continues to serve on a number of government and industry mining advisory bodies and is the recipient of a number of awards and citations in recognition of his achievements and service to the mining industry. Owen was included in the 2021 Queen's Birthday honours list, being awarded the Medal of the Order of Australia recognising his services to the minerals and mining sector.
    Mr Francis Creagh Henry O'Connor Non-Executive Director Apr 2023
    Mr O'Connor has more than 30 years' experience as an executive and adviser in the mining industry and investment banking. Creagh is a current director and co founder of GP Securities, a private investment group based in Adelaide. Through GP Securities, Creagh is a founding shareholder of EMR Capital, a specialist resources private equity manager, where Creagh is also currently a non executive director and senior advisor. Prior to co founding GP Securities, Creagh held various executive and senior roles in investment banking and corporate advisory, including as Global Head of the Metals & Mining advisory group of Standard Chartered Bank following its acquisition of Gryphon Partners Pty Ltd in 2011, a boutique corporate advisory firm co-founded by Creagh in 2003.
    Ms Fiona A Robertson Non-Executive Director May 2021
    Ms Robertson has more than 40 years' experience as a finance executive and non executive director, most of this spent within the resources sector. Fiona's earlier career included credit risk management, corporate banking and resource financing roles with Chase AMP and Chase Manhattan Bank in Australia, New York and London. Fiona also serves as a member of Whitehaven Coal's governance & nomination and remuneration committees, and previously served on its health, safety, environment and community committee. Fiona serves on the nomination and remuneration committee and health, safety & sustainability committee for Bellevue Gold.
    Ms Jacqueline (Jacqui) Elizabeth McGill Non-Executive Director May 2021
    Ms McGill has more than 30 years' experience in the mining sector, including in executive and senior leadership roles spanning operations, business development, technology and project management across copper, iron ore and energy, where Jacqui developed extensive experience in managing financial performance, risk management and sustainability. Jacqui's executive career includes 16 years with BHP where Jacqui held roles as President Olympic Dam and President BHP Mitsui Coal, as well as other senior leadership roles in BHP's copper, uranium and iron ore divisions.
    Mr Martin Nicholas Alciaturi Non-Executive Director May 2021
    Mr Alciaturi is an experienced finance professional with combined experience of more than 40 years' in investment banking and corporate finance, and as a mining executive. Martin also serves as a member of Sierra Rutile Holdings' sustainability and social accountability committee. Martin's responsibilities included strategy, business development, investor relations, finance and administration. Prior to Aquila, Martin spent 30 years in investment banking and corporate finance, including as Head of Corporate Finance at Macquarie Capital in Perth, Partner in charge for Corporate Finance at EY in Perth (including head of the EY natural resources team), and as an executive director with Poynton Corporate.
    Ms Tamara Lee Brown Non-Executive Director Apr 2023
    Ms Brown has an engineering background and more than 25 years' experience in the finance and mining sectors. Tamara is currently a Partner of Oberon Capital Corporation, a Canadian boutique energy and mineral resources investment banking firm. Prior to joining Oberon Capital, Tamara held various senior management and executive roles, including interim Chief Executive Officer with formerly TSX listed Superior Gold Inc. (TSX.V: SGI) (2020 2021), Primero Mining Corp. (TSX: P, NYSE: PPP (2010 2018) and IAMGOLD Corporation (TSX: IMG, NYSE: IAG) (2009 2010). Tamara is currently an independent non-executive director of TSX-listed Lithium Royalty Corp. (TSX: LIRC) and TSX listed Orla Mining Ltd (TSX: OLA). At Lithium Royalty, Tamara serves on a number of board committees, including as chair of the audit committee and member of the compensation, nominating and governance committees for Lithium Royalty Corp. At Orla Mining, Tamara chairs the environmental, sustainability, health and safety committee, and also serves as a member of the technical, and human resources and compensation committees. Tamara was previously a non executive director of TSX listed Lundin Gold (TSX: LUG), and Superior Gold Inc. (TSX.V: SGI) where Tamara chaired the governance committee and human resources and compensation committee.
    Mr James Richard Palmer Chief Executive Officer May 2024
    -
    Mr Clifford Tuck Company SecretaryGeneral Counsel
    -
    James Richard Palmer Chief Executive Officer
    -
    Peter Albert Chief Executive Officer
    -
    Peter Herbert Chief Financial Officer
    -
    Clifford Tuck Chief Governance & Legal Officer
    -
    Ed Cooney Chief Operating Officer
    -
    David Star Commercial Manager
    -
    Clifford Tuck Company SecretaryGeneral Counsel
    -
    Josh Moran General Manager Operations Capricorn Copper
    -
    Brett Milner General Manager Operations Golden Grove
    -
    Grace Fong Group Financial Controller
    -
    Kristian Stella Group Manager Business Development
    -
    Lucas Williams Group Manager Geology
    -
    Adrianna Quinn Group Manager Human Resources
    -
    Michael Slifirski Group Manager Investor Relations
    -
    Tom Hennessy Group Manager Business Analysis & Planning
    -
    Tara Garrood Group Manager Sustainability & ESG
    -
    Naomi Dolmatof Manager Group Governance & Secretariat
    -
    Scott Campbell Marketing Manager
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Sufian Ahmad 74,221,817 16.65%
    Bilal Ahmad 54,623,529 12.26%
    Alfred Chong 43,337,999 9.72%
    Kobala Investments Pty Ltd <Fernando Edward Family A/C> 19,287,310 4.33%
    Clayton Capital Pty Ltd 14,705,650 3.30%
    Dr Rosamund Julian Banyard & Mr Phillip Stanley Holten <R Banyard Super Fund A/C> 13,767,563 3.09%
    Bnp Paribas Noms Pty Ltd Uobkh A/C R'Miers 12,727,500 2.86%
    Mr Ahmed Noman 8,125,966 1.82%
    Citicorp Nominees Pty Limited 7,770,724 1.74%
    Bergen Global Opportunity Fund Lp 7,500,000 1.68%
    Mr Robert Anthony Martin <Martin Family A/C> 7,500,000 1.68%
    Mr Fadi Diab 7,352,941 1.65%
    Mr Dean Brett Blankfield <Dean Blankfield A/C> 5,961,538 1.34%
    Mr Phillip Stanley Holten 5,733,153 1.29%
    Mr Siavash Khosrowshahi & Mrs Zahra Nahid Khosrowshahi <S Khosrowshahi Family A/C> 5,530,000 1.24%
    Hendrik Antoon Limited 5,345,438 1.20%
    Mr Agha Shahzad Pervez 4,705,883 1.06%
    Netwealth Investments Limited <Wrap Services A/C> 4,402,761 0.99%
    Mr Mobeen Iqbal 4,330,340 0.97%
    Mr Corey Jay Sanders 3,874,466 0.87%
    Tantula Pty Ltd <Edwards Family S/F A/C> 3,857,349 0.87%

    Profile

    since

    Note