29metals (29M) is held by 1 ASX ETF. Over the last year it fell 35.9%: on $10,000, −$3592. We explain 11 big moves in that time.
About 29M
- SectorMaterials
- IndustryMaterials
- Size$595.0m
- Held by1 ETF
- Big moves11 in 1Y
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −10.4%peak −11.7%2 Sep 2026· Sector Flow
29M fell sharply alongside a broad sell-off in the ASX Materials sector, which dropped over 3% on the same day.
- +7.0%peak +8.5%31 Aug 2026· Earnings Beat
29Metals shares rebounded after an initial sell-off following its HY26 half-year results, which showed a 12% revenue lift and a 148% jump in operating cash flow, attracting buyers at depressed prices.
- +10.6%peak +14.9%23 Jul 2026· Sector Flow
29Metals shares rose sharply, most likely driven by investor interest following its presentation at the Noosa Mining Conference, amplified by a broad lift in the materials sector on the same day.
- +10.9%12 May 2026· Commodity
Copper prices hit record highs, boosting ASX copper stocks including 29Metals.
- −35.1%16 Apr 2026· Sector Flow
29Metals shares fell sharply alongside other commodities and energy stocks amid sector-wide losses.
- +9.5%24 Mar 2026· Unknown
Insufficient news coverage to determine the cause of the stock's abnormal upward move.
- +10.3%27 Jan 2026· Capital Raise
The stock rose after announcing a A$150m rights issue, which was well-received by the market.
- −24.9%21 Jan 2026· Capital Raise
29Metals announced a $150 million equity raise, causing a sharp share price plunge.
- +8.8%6 Jan 2026· Unknown
No specific news or event found to explain the stock's abnormal movement.
- +11.5%23 Dec 2025· Unknown
No specific news is available to explain the 11.54% rise, leaving the move unexplained by the provided articles.
- −20.8%15 Oct 2025· Unknown
Insufficient news coverage to determine the cause of the sharp decline.
Held by 1 ETF
Of every $10,000 in each fund, how much is in 29M today.
Why did 29M rise 11.5% on 23 Dec 2025?
29metals
No specific news is available to explain the 11.54% rise, leaving the move unexplained by the provided articles.
The only article provided is a generic sector scan from two days after the price move, which does not mention 29M specifically or provide any company-related or macro event that would link to the price surge. There is no evidence of an earnings, guidance, M&A, or operational catalyst in the articles. Thus, the available information is insufficient to determine the cause with reliability.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
What it did to the 1 ETF holding 29M
On $10,000 in each fund, at the weight it holds today