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
05-05-2025
- Business
- Business Insider
29metals Ltd. (29M) Gets a Sell from Citi
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. 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. 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.
