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5-day change | 1st Jan Change | ||
0.56 AUD | +3.70% | +13.13% | -13.18% |
02:30am | Transcript : 29Metals Limited - Shareholder/Analyst Call | |
Apr. 24 | CLSA Downgrades 29Metals to Sell from Reduce, Price Target is AU$0.35 | MT |
Summary
- From a short-term investment perspective, the company presents a deteriorated fundamental configuration.
Strengths
- Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
- The company's share price in relation to its net book value makes it look relatively cheap.
Weaknesses
- The company has insufficient levels of profitability.
- For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
- The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
- For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
- For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
- The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
- The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
- The overall consensus opinion of analysts has deteriorated sharply over the past four months.
- Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
- The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
- The group usually releases earnings worse than estimated.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Diversified Mining
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-13.18% | 253M | B- | ||
-8.67% | 155B | C+ | ||
-0.29% | 126B | C | ||
+5.89% | 77.44B | C+ | ||
+21.70% | 52.77B | B | ||
+6.69% | 49.82B | B+ | ||
+36.35% | 41.3B | C+ | ||
+133.35% | 31.39B | A- | ||
+30.57% | 27.93B | B- | ||
+90.18% | 20.44B | C+ |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
- Stock Market
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- 29M Stock
- Ratings 29Metals Limited