Analysts Have Conflicting Sentiments on These Materials Companies: Adriatic Metals Plc (GB:ADT1), 29metals Ltd. (AU:29M) and China Hongqiao Group Ltd. (HK:1378)
Road to Recovery Beckons for 29Metals -- Market Talk
0306 GMT - 29Metals is headed along the road to recovery, reckons Morgan Stanley. It thinks production can improve in the coming quarters, driven by better grades at its Golden Grove operation. "While
29Metals Price Target Raised 4% to A$0.26/Share by Macquarie
29Metals Price Target Raised 4% to A$0.26/Share by Macquarie
CLSA Downgrades 29Metals to Sell From Reduce, Price Target Is AU$0.35
29Metals (ASX:29M) has an average rating of hold and price targets ranging from AU$0.16 to AU$0.36, according to analysts polled by CapitalIQ. Price (AUD): $0.44, Change: $-0.03, Percent Change: -6.38
29Metals Says Gross Revenue Climbed by AU$13 Million to AU$154 Million in March Quarter
29Metals (ASX:29M) posted AU$154 million in gross revenue for the March quarter, an AU$13 million increase on the prior quarter due to higher zinc metal sales and higher realized copper prices at its
29Metals Price Target Cut 18% to A$0.45/Share by Citi
29Metals Price Target Cut 18% to A$0.45/Share by Citi
Jarden Adjusts 29 Metals Price Target to AU$0.28 From AU$0.30, Keeps at Underweight
29 Metals (ASX:29M) has an average rating of hold and price targets ranging from AU$0.16 to AU$0.49, according to analysts polled by CapitalIQ.
4 ASX Mining Shares Being Hammered on Quarterly Updates
The market may be storming higher again on Tuesday but the same cannot be said for the ASX mining shares listed below.
29Metals Likely to Draw on Glencore Debt Facility -- Market Talk
0049 GMT - 29Metals' lower-than-expected cash balance at the end of March drives the stock some 6.4% lower to A$0.44 in early trading in Australia. 29Metals ended 1Q with A$106 million in cash, below
29Metals Gets Limited Balance Sheet Breathing Space -- Market Talk
0010 GMT - 29Metals' new US$50 million offtake facility with Glencore, and a A$16 million interim payment from insurers, ease pressure on the base metals miner's balance sheet a tad. In a note, Jeffer
29Metals Signs $50 Million Offtake Facility, Obtains Further AU$16 Million in Insurance Claims
29Metals (ASX:29M) is further boosting its liquidity ahead of its quarterly report with an offtake finance facility agreement and an additional payment commitment from insurers, according to a Monday
Why 29Metals, Boss Energy, Cooper Energy, and Ramelius Shares Are Pushing Higher
The S&P/ASX 200 Index (ASX: XJO) is well and truly out of form on Wednesday and on course to record a sizeable decline. In afternoon trade, the benchmark index is down 1.3% to 7,785.9 points.
29Metals Target Price Raised 10% to A$0.55/Share by Morgan Stanley>29M.AU
29Metals Target Price Raised 10% to A$0.55/Share by Morgan Stanley>29M.AU
Jarden Downgrades 29 Metals to Underweight From Neutral, Adjusts Price Target to AU$0.30 From AU$0.38
29 Metals (ASX:29M) has an average rating of hold and price targets ranging from AU$0.16 to AU$0.39, according to analysts polled by CapitalIQ. Price (AUD): $0.36, Change: $0.00, Percent Change: 0.00%
Why 29Metals, Brainchip, Platinum, and Premier Investments Shares Are Falling Today
The S&P/ASX 200 Index (ASX: XJO) is back on form on Wednesday. In afternoon trade, the benchmark index is up 0.3% to 7,804.5 points.
29Metals May Just Avoid Requiring New Capital -- Market Talk
2319 GMT - A pathway exists for 29Metals to avoid requiring new capital in coming months, says Morgan Stanley, following the miner's decision to suspend operations at Capricorn Copper. In a note, anal
29Metals Cut to Underperform From Neutral by Macquarie >29M.AU
29Metals Cut to Underperform From Neutral by Macquarie >29M.AU
29Metals's Balance Sheet Under Rising Stress -- Market Talk
2145 GMT - 29Metals likely needs A$200 million of additional funding this year, with another A$100 million in 2025 to meet its debt and stamp duty obligations, says Jefferies. Funding options include
29Metals Price Target Cut 20% to A$0.40/Share by Jefferies
29Metals Price Target Cut 20% to A$0.40/Share by Jefferies
Australian Shares Retreat Ahead of Release of Inflation Data
Australian shares were down on Tuesday ahead of the release of the February consumer price index indicator, which could provide clues on the Reserve Bank of Australia's pathway for interest rates. The
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