TWNMF (29Metals) Pre-Tax Income: $-31.9 Mil (TTM As of Jun. 2026)

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
15 GF Score
Price $0.17
GF Value $0.17
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is 29Metals Pre-Tax Income?

29Metals TWNMF -21.02% 15 Pre-Tax Income is $-31.9 Mil as of Jun. 2026. GuruFocus rates TWNMF with a GF Score™ of 15/100 and a GF Value™ of $0.17 (Fairly Valued). The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. 29Metals's pretax income for the six months ended in Jun. 2026 was $-24.5 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $-31.9 Mil. 29Metals's pretax margin was -11.51%.

During the past 6 years, 29Metals's highest Pretax Margin was 4.27%. The lowest was -84.25%. And the median was -9.22%.


29Metals  (OTCPK:TWNMF) Pre-Tax Income Explanation

29Metals's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-24.483/212.656
=-11.51%

During the past 6 years, 29Metals's highest Pretax Margin was 4.27%. The lowest was -84.25%. And the median was -9.22%.

* 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 Pre-Tax Income Related Terms


29Metals Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for 29Metals's Pre-Tax Income 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 Pre-Tax Income Chart

29Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial 12.72 -44.41 -255.95 -112.48 16.06

29Metals Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -72.50 -43.33 22.99 -7.41 -24.48

TWNMF vs HL: Pre-Tax Income Comparison

For the Other Precious Metals & Mining subindustry, 29Metals's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


29Metals Pre-Tax Income vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 29Metals's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where 29Metals's Pre-Tax Income falls into.


TWNMF
15GF Score
29Metals Ltd TWNMF
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

29Metals Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

29Metals's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=19.522+13.258+-17.522+3.578+-2.776
=16.1

29Metals's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-12.109+-5.011+-7.821+2.492+-2.034
=-24.5

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-31.9 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-31.9 Mil mean?
29Metals (TWNMF) has a Pre-Tax Income of $-31.9 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on 29Metals and its competitors.
Is 29Metals' Pre-Tax Income too high?
29Metals' current Pre-Tax Income is $-31.9 Mil. Overall, 29Metals has a GF Score™ of 15/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 29Metals' Pre-Tax Income compare to HL?
29Metals' Pre-Tax Income of $-31.9 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 Pre-Tax Income for a Metals & Mining company?
A good Pre-Tax Income depends on the Metals & Mining industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on 29Metals and its competitors. 29Metals's current Pre-Tax Income is $-31.9 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 Fairly Valued. The stock's GF Value™ is $0.17, compared to a current price of $0.17 — trading 2.4% above its estimated fair value. The current Pre-Tax Income is $-31.9 Mil. 29Metals' overall GF Score™ is 15/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For 29Metals (TWNMF), the current Pre-Tax Income is $-31.9 Mil as of Jun. 2026. 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 2.4% above its estimated GF Value™ of $0.17. GuruFocus considers 29Metals to be Fairly Valued.

Key valuation signals for TWNMF:

  • Pre-Tax Income: $-31.9 Mil
  • GF Value™: $0.17 vs. price of $0.17 (2.4% above fair value)
  • GF Score™: 15/100 with 4 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.
15GF Score

Get the complete analysis for TWNMF

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

$0.17
Price
$0.17
GF Value