TWNMF (29Metals) Accumulated Depreciation: $-220.7 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TWNMF 29Metals Ltd TWNMF
14 GF Score
Price $0.17
GF Value $0.05
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is 29Metals Accumulated Depreciation?

29Metals TWNMF -21.02% 14 Accumulated Depreciation is $-220.7 Mil as of Dec. 2025. GuruFocus rates TWNMF with a GF Score™ of 14/100 and a GF Value™ of $0.05 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

29Metals's quarterly accumulated depreciation declined from Dec. 2024 ($-177.7 Mil) to Jun. 2025 ($0.0 Mil) but then increased from Jun. 2025 ($0.0 Mil) to Dec. 2025 ($-220.7 Mil).

29Metals's annual accumulated depreciation increased from Dec. 2023 ($-141.8 Mil) to Dec. 2024 ($-177.7 Mil) and increased from Dec. 2024 ($-177.7 Mil) to Dec. 2025 ($-220.7 Mil).


29Metals Accumulated Depreciation Related Terms


29Metals Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for 29Metals's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

29Metals Accumulated Depreciation Chart

29Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial -67.51 -106.28 -141.82 -177.69 -220.69

29Metals Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only -141.82 0.00 -177.69 0.00 -220.69
TWNMF
14GF Score
29Metals Ltd TWNMF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

29Metals Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-220.7 Mil mean?
29Metals (TWNMF) has a Accumulated Depreciation of $-220.7 Mil as of Dec. 2025. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on 29Metals and its competitors.
Is 29Metals' Accumulated Depreciation too high?
29Metals' current Accumulated Depreciation is $-220.7 Mil. Overall, 29Metals has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 29Metals' Accumulated Depreciation compare to HL?
29Metals' Accumulated Depreciation of $-220.7 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Metals & Mining company?
A good Accumulated Depreciation depends on the Metals & Mining industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on 29Metals and its competitors. 29Metals's current Accumulated Depreciation is $-220.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 29Metals stock overvalued right now?
Based on GuruFocus' analysis, 29Metals (TWNMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.17 — trading 248% above its estimated fair value. The current Accumulated Depreciation is $-220.7 Mil. 29Metals' overall GF Score™ is 14/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For 29Metals (TWNMF), the current Accumulated Depreciation is $-220.7 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is 29Metals (TWNMF) Overvalued in 2026?

Based on GuruFocus' analysis, 29Metals stock appears to be overvalued. The current stock price of $0.17 is trading 248% above its estimated GF Value™ of $0.05. GuruFocus considers 29Metals to be Significantly Overvalued.

Key valuation signals for TWNMF:

  • Accumulated Depreciation: $-220.7 Mil
  • GF Value™: $0.05 vs. price of $0.17 (248% above fair value)
  • GF Score™: 14/100 with 6 warning signs

No single metric tells the full story. See the TWNMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


29Metals Business Description

Other Exchanges 29M:Australia
Address 80 Collins Street, Suite 2, Level 19, North Tower, Melbourne, VIC, AUS, 3000
29Metals Ltd is a copper-focused base and precious metals mining company. It has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold, and silver) and Capricorn Copper in Queensland (copper and silver). The group has three reportable segments which are Golden Grove, Capricorn Copper, and Exploration (which includes Redhill and regional exploration activities at Golden Grove and Capricorn Copper), and the majority of company's revenue is generated from golden grove.
14GF Score

Get the complete analysis for TWNMF

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.17
Price
$0.05
GF Value