0.26
+4.08%
Close of 9 Nov 2026, in AUD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About 29Metals
Its shares trade on ASX under the ticker 29M.AX. It has been listed since 2 July 2021. In the fiscal year to 31 December 2025, it reported revenue of A$566.3m and net income of A$24.2m. At that date it held total assets of A$1.04bn and shareholders' equity of A$446.1m.
29Metals Ltd. engages in the exploration and development of copper and base and precious metals resources. The company is headquartered in Melbourne, Victoria. The company went IPO on 2021-07-02. The principal activities of the Company are mining and mineral production, mineral concentrate sales, and mineral exploration and development. The company has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold and silver) and Capricorn Copper in Queensland (copper and silver). Its near-mine and regional exploration activities, including the Redhill exploration project located in southern Chile. The Golden Grove mine has a history of discovery with mining leases covering over 129 square kilometers (km2). The Capricorn Copper mine covering approximately 1,858 km2 within the highly prospective Western Fold Belt of the Mount Isa Inlier. Redhill exploration project comprises the Cutters Cove project, located around the historical Cutters Cove copper mine and surrounding prospects. The company holds 100% in Redhill exploration project.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 2 Jul 2021
- Employees
- 275
- Website
- 29metals.com ↗
Leadership
Pay as last reported
- Mr. Owen HegartyNon-Executive Chairman of the BoardA$240,000
- Mr. James PalmerChief Executive OfficerA$1.1m
- Mr. Peter HerbertChief Financial OfficerA$931,938
- Mr. Ed CooneyChief Operating OfficerA$924,570
- Mr. Brett MilnerGeneral Manager - Operations, Golden Grove
- Ms. Grace FongGroup Financial Controller
- Mr. Melinda ShiellGroup Executive - Governance & Secretariat, Company Secretary
- Mr. Ashish GuptaNon-Executive Director
- Mr. Francis O' ConnorNon-Executive DirectorA$151,250
- Mr. Martin AlciaturiNon-Executive Independent DirectorA$302,881
- Ms. Tamara BrownNon-Executive Independent DirectorA$147,879
- Ms. Jacqueline McgillNon-Executive Independent DirectorA$306,214
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 78
- Environment
- 98
- Social
- 54
- Governance
- 82
- Direct emissions (scope 1)
- 31,277 t
- Energy emissions (scope 2)
- 102,949 t
- Women in the workforce
- 16%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- 29Metals Ltd has two long-life producing assets: Golden Grove and Capricorn Copper.
- The company holds 100% ownership in the Redhill exploration project.
- Golden Grove mine covers over 129 square kilometers with mining leases.
Weaknesses
- The company's near-mine exploration activities are limited to specific regions.
- Capricorn Copper mine covers approximately 1,858 square kilometers.
- The company's IPO occurred in 2021, indicating a relatively recent market entry.
Opportunities
- The Redhill exploration project in Chile offers potential for new discoveries.
- Golden Grove has a history of mineral discoveries within its mining leases.
- Capricorn Copper is located in a highly prospective geological area.
Threats
- The company's operations are concentrated in specific geographic locations.
- The company's exploration activities are limited to near-mine and regional projects.
- The company's IPO in 2021 may indicate vulnerability to market fluctuations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.