29Metals Ltd
29M.AU
$0.30
Closing
▲8.05%
1D
▼-27.13%
YTD
Market cap
$212.69M
52 week high
$0.81
52 week low
$0.12
Volume
2,396,386
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Market cap
$212.69M
Analysts' Rating
HOLD
Price Target (Mean)
0.495782513
Total Analysts
11
P/E
Operating Margin
-6.47%
Beta
Revenue Growth (Annual)
10.95%
52 week high
$0.81
52 week low
$0.12
Div. Yield
%
EPS Annual Growth
0.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
29Metals Limited is a copper-focused base and precious metals mining company with producing and exploration assets in Australia and Chile. The principal activities of the Company are mining and mineral production, mineral concentrate sales, and mineral exploration and development. It has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold and silver) and Capricorn Copper in Queensland (copper and silver). Its near-mine and regional exploration activities, including the Redhill exploration project located in southern Chile. The Golden Grove mine has a history of discovery with mining leases covering over 129 square kilometers (km2). The Capricorn Copper mine covering approximately 1,858 km2 within the highly prospective Western Fold Belt of the Mount Isa Inlier. Redhill exploration project comprises the Cutters Cove project, located around the historical Cutters Cove copper mine and surrounding prospects. It holds 100% in Redhill exploration project.
