29METALS Ltd (AU:29M) — Market Cap & Net Worth
Market Cap & Net Worth: 29METALS Ltd (29M)
29METALS Ltd (AU:29M) has a market capitalization of $427.21 Million (AU$603.78 Million) as of September 17, 2026. Listed on the AU stock exchange, this Australia-based company holds position #13143 globally and #340 in its home market, demonstrating a -6.76% 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$0.35 by its total outstanding shares 1750076545 (1.75 Billion). Also see 29METALS Ltd balance sheet assets for a full breakdown of the balance sheet.
29METALS Ltd Market Cap History: 2021 to 2026
29METALS Ltd's market capitalization history from 2021 to 2026. Data shows change from $3.77 Billion to $427.21 Million (-28.77% CAGR). Also see 29METALS Ltd cash flow conversion for how efficiently the company converts equity into cash flow.
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. Check 29M stock price and chart for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
1.26x
29METALS Ltd's market cap is 1.26 times its annual revenue
Latest Price to Earnings (P/E) Ratio
29.46x
29METALS Ltd's market cap is 29.46 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 | $3.77 Billion | $600.76 Million | $121.01 Million | 6.27x | 31.13x |
| 2022 | $2.37 Billion | $714.01 Million | -$47.22 Million | 3.31x | N/A |
| 2023 | $798.70 Million | $449.75 Million | -$440.46 Million | 1.78x | N/A |
| 2024 | $303.38 Million | $551.06 Million | -$177.61 Million | 0.55x | N/A |
| 2025 | $712.02 Million | $566.29 Million | $24.17 Million | 1.26x | 29.46x |
Competitor Companies of 29M by Market Capitalization
Companies near 29METALS Ltd in the global market cap rankings as of September 17, 2026. Review 29M intangible-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to 29METALS Ltd by market ranking:
- Fresnillo plc (F:FNL): Ranked #897 globally with a market cap of $29.98 Billion USD ( €25.64 Billion EUR).
- Valterra Platinum Limited (JSE:VAL): Ranked #1284 globally with a market cap of $19.97 Billion USD ( ZAC37.57 Trillion ZAC).
- China Gold International Resources (TO:CGG): Ranked #1824 globally with a market cap of $12.94 Billion USD ( CA$17.88 Billion CAD).
- Hecla Mining Company (NYSE:HL): Ranked #2032 globally with a market cap of $11.30 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #897 | Fresnillo plc | F:FNL | $29.98 Billion | €34.80 |
| #1284 | Valterra Platinum Limited | JSE:VAL | $19.97 Billion | ZAC142340.00 |
| #1824 | China Gold International Resources | TO:CGG | $12.94 Billion | CA$45.11 |
| #2032 | Hecla Mining Company | NYSE:HL | $11.30 Billion | $17.99 |
29METALS Ltd Historical Marketcap From 2021 to 2026
Between 2021 and today, 29METALS Ltd's market cap moved from $3.77 Billion to $ 427.21 Million, with a yearly change of -28.77%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | AU$427.21 Million | -40.00% |
| 2025 | AU$712.02 Million | +134.69% |
| 2024 | AU$303.38 Million | -62.02% |
| 2023 | AU$798.70 Million | -66.23% |
| 2022 | AU$2.37 Billion | -37.21% |
| 2021 | AU$3.77 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 17th, 2026 the market cap of 29METALS Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $427.21 Million USD |
| MoneyControl | $427.21 Million USD |
| MarketWatch | $427.21 Million USD |
| marketcap.company | $427.21 Million USD |
| Reuters | $427.21 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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