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29Metals Limited (29M.AX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

AU0000157067

Sector

Basic Materials

Highlights

Market Cap

A$296.29M

EPS (TTM)

-A$0.30

Total Revenue (TTM)

A$452.84M

Gross Profit (TTM)

-A$75.91M

EBITDA (TTM)

-A$50.58M

Year Range

A$0.19 - A$0.80

Target Price

A$0.31

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of A$10,000 in 29Metals Limited, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-100.00%-50.00%0.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
-88.13%
64.07%
29M.AX (29Metals Limited)
Benchmark (^GSPC)

Returns By Period

29Metals Limited had a return of -62.79% year-to-date (YTD) and -54.29% in the last 12 months.


29M.AX

YTD

-62.79%

1M

-38.46%

6M

-46.67%

1Y

-54.29%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of 29M.AX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-47.29%8.82%1.35%34.67%6.93%-22.22%-4.76%-6.25%37.33%-18.45%-22.76%-62.79%
20232.62%-18.37%-25.94%-0.00%-40.51%19.86%-14.79%22.22%-21.02%-10.79%-20.16%30.30%-66.23%
2022-14.33%2.66%1.48%-1.10%-1.84%-34.77%-12.97%33.12%13.98%-18.50%31.89%-21.72%-37.21%
202111.76%6.58%-5.76%12.66%1.17%17.62%50.49%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of 29M.AX is 21, meaning it’s performing worse than 79% of other stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of 29M.AX is 2121
Overall Rank
The Sharpe Ratio Rank of 29M.AX is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of 29M.AX is 2727
Sortino Ratio Rank
The Omega Ratio Rank of 29M.AX is 2727
Omega Ratio Rank
The Calmar Ratio Rank of 29M.AX is 1414
Calmar Ratio Rank
The Martin Ratio Rank of 29M.AX is 1212
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for 29Metals Limited (29M.AX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for 29M.AX, currently valued at -0.51, compared to the broader market-4.00-2.000.002.00-0.512.10
The chart of Sortino ratio for 29M.AX, currently valued at -0.31, compared to the broader market-4.00-2.000.002.004.00-0.312.80
The chart of Omega ratio for 29M.AX, currently valued at 0.96, compared to the broader market0.501.001.502.000.961.39
The chart of Calmar ratio for 29M.AX, currently valued at -0.60, compared to the broader market0.002.004.006.00-0.603.09
The chart of Martin ratio for 29M.AX, currently valued at -1.36, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.3613.49
29M.AX
^GSPC

The current 29Metals Limited Sharpe ratio is -0.51. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of 29Metals Limited with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.51
3.01
29M.AX (29Metals Limited)
Benchmark (^GSPC)

Dividends

Dividend History

29Metals Limited provided a 0.00% dividend yield over the last twelve months, with an annual payout of A$0.00 per share.


0.00%0.20%0.40%0.60%0.80%1.00%A$0.00A$0.01A$0.01A$0.02A$0.0220222023
Dividends
Dividend Yield
PeriodTTM20232022
DividendA$0.00A$0.00A$0.02

Dividend yield

0.00%0.00%1.02%

Monthly Dividends

The table displays the monthly dividend distributions for 29Metals Limited. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00
2023A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00
2022A$0.02A$0.00A$0.00A$0.00A$0.02

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-92.55%
-0.68%
29M.AX (29Metals Limited)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the 29Metals Limited. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the 29Metals Limited was 94.26%, occurring on Feb 16, 2024. The portfolio has not yet recovered.

The current 29Metals Limited drawdown is 92.55%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-94.26%Apr 21, 2022462Feb 16, 2024
-21.07%Jan 5, 202219Feb 1, 202254Apr 20, 202273
-12.24%Oct 19, 202133Dec 2, 202117Dec 29, 202150
-11.97%Sep 8, 202118Oct 1, 20219Oct 14, 202127
-10.32%Aug 9, 202110Aug 20, 202112Sep 7, 202122

Volatility

Volatility Chart

The current 29Metals Limited volatility is 28.65%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
28.65%
3.52%
29M.AX (29Metals Limited)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of 29Metals Limited over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for 29Metals Limited.


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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