29METALS Ltd
29Metals Limited operates as a copper-focused base and precious metals mining company in Australia and Chile. The company explores copper, gold, silver, zinc, and lead deposits. It is also involved in base and precious metals mining, mineral production, and associated activities; exploration for mineral resources; and Cervantes, and Gossan Valley projects. Its primary assets include the Golden Gr… Read more
Market Cap & Net Worth: 29METALS Ltd (29M)
29METALS Ltd (AU:29M) has a market capitalization of $389.48 Million (AU$629.03 Million) as of March 18, 2026. Listed on the AU stock exchange, this Australia-based company holds position #15806 globally and #223 in its home market, demonstrating a -1.37% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying 29METALS Ltd's stock price AU$0.36 by its total outstanding shares 1747294800 (1.75 Billion).
29METALS Ltd Market Cap History: 2021 to 2026
29METALS Ltd's market capitalization history from 2021 to 2026. Data shows change from $3.29 Billion to $389.48 Million (-30.67% CAGR).
29METALS Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how 29METALS Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.10x
29METALS Ltd's market cap is 1.10 times its annual revenue
55.32x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
25.74x
29METALS Ltd's market cap is 25.74 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $3.29 Billion | $600.76 Million | $121.01 Million | 5.48x | 27.19x |
| 2022 | $2.07 Billion | $714.01 Million | -$47.22 Million | 2.89x | N/A |
| 2023 | $697.83 Million | $449.75 Million | -$440.46 Million | 1.55x | N/A |
| 2024 | $265.07 Million | $551.06 Million | -$177.61 Million | 0.48x | N/A |
| 2025 | $622.09 Million | $566.29 Million | $24.17 Million | 1.10x | 25.74x |
Competitor Companies of 29M by Market Capitalization
Companies near 29METALS Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to 29METALS Ltd by market ranking:
- Hecla Mining Company (NYSE:HL): Ranked #1388 globally with a market cap of $12.99 Billion USD.
- Anglo American Platinum Limited (PINK:AGPPF): Ranked #1900 globally with a market cap of $8.40 Billion USD.
- Yintai Resources Co Ltd (SHE:000975): Ranked #2224 globally with a market cap of $6.84 Billion USD ( CN¥50.16 Billion CNY).
- Compañía de Minas Buenaventura S.A.A (F:MBU): Ranked #2697 globally with a market cap of $5.20 Billion USD ( €5.06 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1388 | Hecla Mining Company | NYSE:HL | $12.99 Billion | $19.62 |
| #1900 | Anglo American Platinum Limited | PINK:AGPPF | $8.40 Billion | $32.00 |
| #2224 | Yintai Resources Co Ltd | SHE:000975 | $6.84 Billion | CN¥30.58 |
| #2697 | Compañía de Minas Buenaventura S.A.A | F:MBU | $5.20 Billion | €31.00 |
29METALS Ltd Historical Marketcap From 2021 to 2026
Between 2021 and today, 29METALS Ltd's market cap moved from $3.29 Billion to $ 389.48 Million, with a yearly change of -30.67%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | AU$389.48 Million | -37.39% |
| 2025 | AU$622.09 Million | +134.69% |
| 2024 | AU$265.07 Million | -62.02% |
| 2023 | AU$697.83 Million | -66.23% |
| 2022 | AU$2.07 Billion | -37.21% |
| 2021 | AU$3.29 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of 29METALS Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $389.48 Million USD |
| MoneyControl | $389.48 Million USD |
| MarketWatch | $389.48 Million USD |
| marketcap.company | $389.48 Million USD |
| Reuters | $389.48 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.