Latest news with #29metalsLtd
Business Insider
05-05-2025
- Business
- Business Insider
Morgan Stanley Keeps Their Hold Rating on 29metals Ltd. (29M)
In a report released today, Rahul Anand from Morgan Stanley maintained a Hold rating on 29metals Ltd. (29M – Research Report), with a price target of A$0.13. The company's shares closed yesterday at A$0.12. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Anand covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, Iluka Resources Limited, and Evolution Mining . According to TipRanks, Anand has an average return of 5.3% and a 48.81% success rate on recommended stocks. 29metals Ltd. has an analyst consensus of Hold, with a price target consensus of A$0.22. Based on 29metals Ltd.'s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$308.04 million and a GAAP net loss of A$68.42 million. In comparison, last year the company earned a revenue of A$209.82 million and had a GAAP net loss of A$133.8 million
Business Insider
29-04-2025
- Business
- Business Insider
29metals Ltd. (29M) Gets a Hold from Morgan Stanley
In a report released today, Rahul Anand from Morgan Stanley maintained a Hold rating on 29metals Ltd. (29M – Research Report), with a price target of A$0.13. The company's shares opened today at A$0.14. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Anand is a 4-star analyst with an average return of 5.3% and a 48.81% success rate. Anand covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, Iluka Resources Limited, and Pilbara Minerals . In addition to Morgan Stanley, 29metals Ltd. also received a Hold from RBC Capital's Paul Wiggers de Vries in a report issued on April 14. However, on April 17, Canaccord Genuity maintained a Sell rating on 29metals Ltd. (ASX: 29M).
