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29M

29Metals

Materials

29Metals Limited is engaged in the exploration, development, and production of mineral resources including copper, zinc, gold, and silver. With operations primarily in Australia and Chile, the company leverages its rich asset portfolio to target high-grade resource exploration and efficient mineral processing. It aims to bolster its market position by integrating sustainable mining practices and expanding its production capabilities.

Short position

short percentage0.12%
reported shorts2M
shares on issue1.750B

29Metals (ASX:29M) has 0.12% of its shares on issue reported as short positions as of 5 Oct 2026, or about 2,019,130 shares. Over the past 30 days that figure has fallen 0.53 percentage points, and over 90 days it has fallen 0.38 percentage points. Its highest recorded short interest was 7.54% in August 2023. 29M is classified in the Materials industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

29Metals (29M) financials

Results, ratios and statements

Latest result

12 months to 30 Jun 2026 (TTM Jun 26) vs TTM Jun 25, figures in AUD, the reporting currency

Revenue
$599.9Mvs n/a (TTM Jun 25)
Yahoo Finance, as at 29 Sep 2026
NPAT
−$46.0Mvs n/a (TTM Jun 25)
Yahoo Finance, as at 29 Sep 2026
EPS (diluted)
−$0.029vs −$0.072 (TTM Jun 25)
Yahoo Finance, as at 29 Sep 2026
Rev YoY
+1.5%FY
EPS YoY
n/aTTM

Key ratios

12 months to 30 Jun 2026 (TTM); balance sheet at 31 Dec 2025, 6 months before; prices to 9 Oct 2026

Gross margin
28.9%
Operating margin
0.4%
Net margin
−7.7%
FCF margin
−9.4%
ROE
−10.6%
ROA
−4.4%
FCF conversion
n/a
Net debt (excl. leases)
$85.2M
Net debt / EBITDA
0.9×
Current ratio
1.3×
Interest cover
0.1×
Cash dividends paid / net profit
n/a
Market cap
$490.2M
P/E
n/a
P/B
1.1×

Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.

Financial statements

Figures in AUD, the reporting currency; Yahoo Finance unless marked

29M income, newest period first, figures in AUD
Line itemTTM Jun 26FY25FY24FY23FY22
Revenue$599.9M$566.3M$557.8M$453.9M$714.0M
Gross profit$173.3M$187.6M$101.9M$29.9M$186.2M
Operating income$2.4M$29.4M−$85.6M−$320.7M−$36.7M
EBITDA$94.1M$172.2M−$19.1M−$231.8M$142.4M
EBIT−$23.9M$50.5M−$147.7M−$351.5M−$47.0M
Interest expense$22.1M$26.4M$29.9M$30.8M$18.8M
Pretax income−$46.0M$24.2M−$177.6M−$382.4M−$65.8M
Tax$0$0$0$58.1M−$18.6M
NPAT−$46.0M$24.2M−$177.6M−$440.5M−$47.2M
Net interest income−$21.3M−$25.2M−$30.8M−$29.3M−$19.2M
EPS basic−$0.028$0.017−$0.22−$0.66−$0.078
EPS diluted−$0.029$0.016−$0.22−$0.66−$0.078
Sharesn/a1.49B1.48B854.1M601.3M