Currently, the analyst consensus on 29metals Ltd. is a Hold with an average price target of A$0.31.
Based on 29metals Ltd.’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$297.32 million and a GAAP net loss of A$11.15 million. In comparison, last year the company earned a revenue of A$308.04 million and had a GAAP net loss of A$68.42 million
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 29M in relation to earlier this year.
