29Metals's Balance-Sheet Concerns Worsened by Earnings Volatility -- Market Talk

Dow Jones

Jul 17, 2025

0104 GMT - Jefferies continues to worry about 29Metals's balance sheet following its 2Q update. 29Metals's output missed the bank's expectations by some 16%, although this was partly offset by stronger revenue from its Golden Grove operation. 29Metals's share price is down 8.7% at A$0.315 because of the miss. "Operational earnings volatility continues to accentuate balance sheet uncertainty," analyst Daniel Roden says. Jefferies thinks positive pathways for improving operations are emerging. Still, the bank says "ongoing uncertainty on the timing and quantum of Capricorn Copper suspension and restart costs, debt servicing, and Gossan Hill capex obfuscates medium-term funding requirements." Jefferies retains a hold call on 29Metals. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

July 16, 2025 21:04 ET (01:04 GMT)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2552244171"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2552244171\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2552244171?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-17 09:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2552244171","market":"nz","top_or_hot":-1,"title":"29Metals's Balance-Sheet Concerns Worsened by Earnings Volatility -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0104 GMT - Jefferies continues to worry about 29Metals's balance sheet following its 2Q update. 29Metals's output missed the bank's expectations by some 16%, although this was partly offset by stronger revenue from its Golden Grove operation. 29Metals's share price is down 8.7% at A$0.315 because of the miss. \"Operational earnings volatility continues to accentuate balance sheet uncertainty,\" analyst Daniel Roden says. Jefferies thinks positive pathways for improving operations are emerging. Still, the bank says \"ongoing uncertainty on the timing and quantum of Capricorn Copper suspension and restart costs, debt servicing, and Gossan Hill capex obfuscates medium-term funding requirements.\" Jefferies retains a hold call on 29Metals. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 16, 2025 21:04 ET (01:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>29Metals's Balance-Sheet Concerns Worsened by Earnings Volatility -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n29Metals's Balance-Sheet Concerns Worsened by Earnings Volatility -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-17 09:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0104 GMT - Jefferies continues to worry about 29Metals's balance sheet following its 2Q update. 29Metals's output missed the bank's expectations by some 16%, although this was partly offset by stronger revenue from its Golden Grove operation. 29Metals's share price is down 8.7% at A$0.315 because of the miss. \"Operational earnings volatility continues to accentuate balance sheet uncertainty,\" analyst Daniel Roden says. Jefferies thinks positive pathways for improving operations are emerging. Still, the bank says \"ongoing uncertainty on the timing and quantum of Capricorn Copper suspension and restart costs, debt servicing, and Gossan Hill capex obfuscates medium-term funding requirements.\" Jefferies retains a hold call on 29Metals. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 16, 2025 21:04 ET (01:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"29M.AU","symbol_name":"29Metals Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2552244171","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552244171","pubTimestamp":1752714240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0104 GMT - Jefferies continues to worry about 29Metals's balance sheet following its 2Q update. 29Metals's output missed the bank's expectations by some 16%, although this was partly offset by stronger revenue from its Golden Grove operation. 29Metals's share price is down 8.7% at A$0.315 because of the miss. \"Operational earnings volatility continues to accentuate balance sheet uncertainty,\" analyst Daniel Roden says. Jefferies thinks positive pathways for improving operations are emerging. Still, the bank says \"ongoing uncertainty on the timing and quantum of Capricorn Copper suspension and restart costs, debt servicing, and Gossan Hill capex obfuscates medium-term funding requirements.\" Jefferies retains a hold call on 29Metals. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"29M.AU":"29Metals Ltd"},"translate_title":"29金属的资产负债表担忧因盈利波动而恶化——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"29M.AU":0.9},"content_text":"0104 GMT - Jefferies continues to worry about 29Metals's balance sheet following its 2Q update. 29Metals's output missed the bank's expectations by some 16%, although this was partly offset by stronger revenue from its Golden Grove operation. 29Metals's share price is down 8.7% at A$0.315 because of the miss. \"Operational earnings volatility continues to accentuate balance sheet uncertainty,\" analyst Daniel Roden says. Jefferies thinks positive pathways for improving operations are emerging. Still, the bank says \"ongoing uncertainty on the timing and quantum of Capricorn Copper suspension and restart costs, debt servicing, and Gossan Hill capex obfuscates medium-term funding requirements.\" Jefferies retains a hold call on 29Metals. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 16, 2025 21:04 ET (01:04 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}