29Metals (Australia) Analysis
| 29M Stock | 0.37 0.01 2.78% |
29Metals is overvalued with Real Value of 0.34 and Hype Value of 0.37. The main objective of 29Metals stock analysis is to determine its intrinsic value, which is an estimate of what 29Metals is worth, separate from its market price. There are two main types of 29Metals' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect 29Metals' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of 29Metals' stock to identify patterns and trends that may indicate its future price movements.
The 29Metals stock is traded in Australia on Australian Securities Exchange, with the market opening at 09:50:00 and closing at 16:12:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Australia. 29Metals is usually not traded on King 's Birthday, Christmas Day, Boxing Day, New Year 's Day, Australia Day, Australia Day ( substitute day ), Good Friday, Easter Monday, ANZAC Day. 29Metals Stock trading window is adjusted to Australia/Sydney timezone.
29Metals |
29Metals Stock Analysis Notes
About 14.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.8. In the past many companies with similar price-to-book ratios have beat the market. 29Metals recorded a loss per share of 0.33. The entity last dividend was issued on the 15th of September 2022. For more info on 29Metals please contact BSc BSc at 61 3 7037 5300 or go to https://www.29metals.com.29Metals Quarterly Total Revenue |
|
29Metals Investment Alerts
| 29Metals has some characteristics of a very speculative penny stock | |
| 29Metals had very high historical volatility over the last 90 days | |
| 29Metals has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 453.88 M. Net Loss for the year was (440.46 M) with profit before overhead, payroll, taxes, and interest of 3.89 M. | |
| 29Metals generates negative cash flow from operations | |
| About 74.0% of the company shares are owned by institutions such as pension funds |
29Metals Thematic Classifications
In addition to having 29Metals stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | CopperCopper production | |
 | Heavy MetalsIndustrial metals and minerals |
29Metals Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 256.26 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate 29Metals's market, we take the total number of its shares issued and multiply it by 29Metals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.29Metals Profitablity
29Metals' profitability indicators refer to fundamental financial ratios that showcase 29Metals' ability to generate income relative to its revenue or operating costs. If, let's say, 29Metals is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, 29Metals' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of 29Metals' profitability requires more research than a typical breakdown of 29Metals' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.53) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.19) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.19. Management Efficiency
29Metals has return on total asset (ROA) of (0.1095) % which means that it has lost $0.1095 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.6693) %, meaning that it generated substantial loss on money invested by shareholders. 29Metals' management efficiency ratios could be used to measure how well 29Metals manages its routine affairs as well as how well it operates its assets and liabilities. Change To Liabilities is likely to gain to about 18.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 236.4 M in 2024.Leadership effectiveness at 29Metals is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin (0.19) | Profit Margin (0.53) | Beta 0.837 | Return On Assets (0.11) | Return On Equity (0.67) |
Technical Drivers
As of the 30th of November, 29Metals shows the Coefficient Of Variation of 5809.35, mean deviation of 3.46, and Standard Deviation of 5.01. 29Metals technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.29Metals Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. 29Metals middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for 29Metals. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
29Metals Outstanding Bonds
29Metals issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. 29Metals uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most 29Metals bonds can be classified according to their maturity, which is the date when 29Metals has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
29Metals Predictive Daily Indicators
29Metals intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of 29Metals stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
29Metals Forecast Models
29Metals' time-series forecasting models are one of many 29Metals' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary 29Metals' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About 29Metals Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how 29Metals prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling 29Metals shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as 29Metals. By using and applying 29Metals Stock analysis, traders can create a robust methodology for identifying 29Metals entry and exit points for their positions.
29Metals is entity of Australia. It is traded as Stock on AU exchange.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding 29Metals to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Additional Tools for 29Metals Stock Analysis
When running 29Metals' price analysis, check to measure 29Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 29Metals is operating at the current time. Most of 29Metals' value examination focuses on studying past and present price action to predict the probability of 29Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 29Metals' price. Additionally, you may evaluate how the addition of 29Metals to your portfolios can decrease your overall portfolio volatility.