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Element 29 Resources TSXV:ECU Stock Report

Last Price

CA$0.15

Market Cap

CA$16.5m

7D

-8.8%

1Y

-31.1%

Updated

25 Apr, 2024

Data

Company Financials

Element 29 Resources Inc.

TSXV:ECU Stock Report

Market Cap: CA$16.5m

ECU Stock Overview

Element 29 Resources Inc. engages in the exploration and development of mineral resource properties in Peru.

ECU fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Element 29 Resources Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Element 29 Resources
Historical stock prices
Current Share PriceCA$0.15
52 Week HighCA$0.23
52 Week LowCA$0.10
Beta1.45
1 Month Change19.23%
3 Month Change-6.06%
1 Year Change-31.11%
3 Year Change-59.21%
5 Year Changen/a
Change since IPO-63.10%

Recent News & Updates

Recent updates

Is Element 29 Resources (CVE:ECU) In A Good Position To Invest In Growth?

Oct 24
Is Element 29 Resources (CVE:ECU) In A Good Position To Invest In Growth?

We're Hopeful That Element 29 Resources (CVE:ECU) Will Use Its Cash Wisely

Jul 11
We're Hopeful That Element 29 Resources (CVE:ECU) Will Use Its Cash Wisely

We Think Element 29 Resources (CVE:ECU) Can Afford To Drive Business Growth

Mar 28
We Think Element 29 Resources (CVE:ECU) Can Afford To Drive Business Growth

Shareholder Returns

ECUCA Metals and MiningCA Market
7D-8.8%0.06%0.7%
1Y-31.1%-4.6%4.9%

Return vs Industry: ECU underperformed the Canadian Metals and Mining industry which returned -6.2% over the past year.

Return vs Market: ECU underperformed the Canadian Market which returned 5.5% over the past year.

Price Volatility

Is ECU's price volatile compared to industry and market?
ECU volatility
ECU Average Weekly Movement14.1%
Metals and Mining Industry Average Movement11.3%
Market Average Movement9.0%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

Stable Share Price: ECU's share price has been volatile over the past 3 months.

Volatility Over Time: ECU's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2017n/aRichard Osmondwww.e29copper.com

Element 29 Resources Inc. engages in the exploration and development of mineral resource properties in Peru. The company primarily explores for copper, molybdenum, gold, silver, lead, zinc, and other deposits. It holds a 100% interest in the Flor de Cobre project comprising seven mining concessions and two concession applications covering an area of approximately 1,927 hectares located in the Southern Peru.

Element 29 Resources Inc. Fundamentals Summary

How do Element 29 Resources's earnings and revenue compare to its market cap?
ECU fundamental statistics
Market capCA$16.53m
Earnings (TTM)-CA$3.52m
Revenue (TTM)n/a

0.0x

P/S Ratio

-4.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ECU income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$3.52m
Earnings-CA$3.52m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.033
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.2%

How did ECU perform over the long term?

See historical performance and comparison
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