29metals (29M) is held by 1 ASX ETF. Over the last 6 months it fell 15.4%: on $10,000, −$1538. We explain 5 big moves in that time.
About 29M
- SectorMaterials
- IndustryMaterials
- Size$595.0m
- Held by1 ETF
- Big moves5 in 6M
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.
Held by 1 ETF
Of every $10,000 in each fund, how much is in 29M today.
Why did 29M rise 10.9% on 12 May 2026?
29metals
Copper prices hit record highs, boosting ASX copper stocks including 29Metals.
The stock moved up 10.91% on 2026-05-12, coinciding with multiple news articles highlighting record copper prices and ASX copper shares riding the boom. These articles directly point to a commodity-driven rally, with no other company-specific news in the provided set. The strong price and volume moves align with a broad sector/commodity catalyst, not isolated to 29Metals alone.
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