29metals Ltd. (29M) Gets a Sell from Citi

Business Insider

05-05-2025

In a report released today, Kate McCutcheon from Citi maintained a Sell rating on 29metals Ltd. (29M – Research Report), with a price target of A$0.12. The company's shares closed last Friday at A$0.12.
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McCutcheon covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, Northern Star Resources Ltd, and Evolution Mining . According to TipRanks, McCutcheon has an average return of 8.3% and a 62.11% success rate on recommended stocks.
29metals Ltd. has an analyst consensus of Hold, with a price target consensus of A$0.22, which is an 83.33% upside from current levels. In a report released on April 29, Canaccord Genuity also maintained a Sell rating on the stock with a A$0.12 price target.
The company has a one-year high of A$0.53 and a one-year low of A$0.11. Currently, 29metals Ltd. has an average volume of 4.75M.