29METALS (29M.AU)

29METALS share price today, ATLAS forecast and fair value

Basic Materials · Other Precious Metals & Mining · Australian Securities Exchange · Australia

A$0.270▲ 0.00%

Prices as of Oct 27, 2026 · AUD

ATLAS fair value

A$0.252

Close to fair value · 7% premium

Range: A$0.227–A$0.277Fair valuePrice

Chance of rising in 1 month

47%

that it ends higher than today in 21 sessions

0%coin flip 50%100%

This is just the summary. See everything on 29METALS in ATLAS

ATLAS's own quantitative analysis, all in one place.

Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
Officers and shareholdersWho runs the company and which funds hold its shares.
Customer and supplier mapWho it does business with, from its own filings.
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Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
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On 29METALS

Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
Officers and shareholdersWho runs the company and which funds hold its shares.
Customer and supplier mapWho it does business with, from its own filings.
Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
NewsThe latest on the company, in one place.

And for you

ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
AlertsWe let you know when something changes in your stocks.
Crisis simulatorHow your portfolio would do in a crash like 2008.
Practice risk-free$10,000 in virtual money to invest at real prices.
Global screenerSearch US stocks and stocks from 47 countries with filters.

Get started →

Plans from €3.99 a month.

ATLAS estimates 29METALS's fair value at about A$0.252 per share (reasonable range: A$0.227 to A$0.277). At A$0.270, the stock trades within 8% of that figure: close to fair value.

It is calculated with valuation multiples of comparable companies. Confidence in the estimate is low. It is an estimate, not a promise: if the company's results change, so does its fair value.

ATLAS's model gives 29METALS a 47% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.

In half of the simulated outcomes the price ends between A$0.235 and A$0.301; in 9 out of 10, between A$0.189 and A$0.374. Estimated annual volatility is 62%.

Price, last 12 months (weekly close)

Key numbers

Market cap: A$525M
Market cap (USD): $369M
52-week high: A$0.675
52-week low: A$0.215
Revenue (12 months): A$600M
Gross margin: 11.7%
Operating margin: -2.5%
Net margin: -7.7%
Beta: 0.98

What this means

These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. 29METALS sits close to fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.

Over the last 52 weeks 29M.AU has traded between A$0.215 and A$0.675. Today it is 60.0% below that high and 26% above its low.

Its beta is 0.98: it moves roughly in line with the market.

About the company

29Metals Limited operates as a copper-focused base and precious metals mining company in Australia and Chile. The company explores copper, gold, silver, zinc, and lead deposits.

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Comparable companies

Other companies in the same line of business:

Frequently asked questions

What is 29METALS (29M.AU) fair value?

About A$0.252 per share according to ATLAS (reasonable range: A$0.227 to A$0.277). With the stock at A$0.270, it is close to that value.

What is the chance 29M.AU goes up next month?

47%: close to a coin flip. In half of the simulated outcomes, 29M.AU ends the month between A$0.235 and A$0.301.

How big is 29METALS and what is its P/E ratio?

29METALS's market capitalization is A$525M. We do not show a P/E because it has no positive earnings to base one on.

How volatile is 29M.AU?

ATLAS estimates annual volatility at 62%. In a typical month, half of the outcomes end between A$0.235 and A$0.301.

Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer