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Element 29 Resources TSXV:ECU Stock Report

Last Price

CA$0.51

Market Cap

CA$61.1m

7D

-3.8%

1Y

155.0%

Updated

19 Dec, 2024

Data

Company Financials

Element 29 Resources Inc.

TSXV:ECU Stock Report

Market Cap: CA$61.1m

ECU Stock Overview

Operates as a copper exploration and development company in Peru. More details

ECU fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Element 29 Resources Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Element 29 Resources
Historical stock prices
Current Share PriceCA$0.51
52 Week HighCA$0.59
52 Week LowCA$0.10
Beta1.21
1 Month Change20.00%
3 Month Change100.00%
1 Year Change155.00%
3 Year Change-12.07%
5 Year Changen/a
Change since IPO21.43%

Recent News & Updates

Element 29 Resources (CVE:ECU) Is In A Good Position To Deliver On Growth Plans

Nov 29
Element 29 Resources (CVE:ECU) Is In A Good Position To Deliver On Growth Plans

Recent updates

Element 29 Resources (CVE:ECU) Is In A Good Position To Deliver On Growth Plans

Nov 29
Element 29 Resources (CVE:ECU) Is In A Good Position To Deliver On Growth Plans

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-3.8%-7.4%-3.7%
1Y155.0%15.7%15.0%

Return vs Industry: ECU exceeded the Canadian Metals and Mining industry which returned 18.1% over the past year.

Return vs Market: ECU exceeded the Canadian Market which returned 16.7% over the past year.

Price Volatility

Is ECU's price volatile compared to industry and market?
ECU volatility
ECU Average Weekly Movement16.1%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: ECU's weekly volatility (16%) 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. operates as a copper exploration and development company in Peru. The company also explores for molybdenum, gold, silver, lead, and zinc deposits. Its flagship properties are the 100%-owned Elida copper project that includes 28 mining concessions covering an area of approximately 19,800 hectares located in the province of Ocros; and Flor de Cobre copper project comprising seven mining concessions covering an area of approximately 2,000 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$61.11m
Earnings (TTM)-CA$7.08m
Revenue (TTM)n/a

0.0x

P/S Ratio

-8.6x

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$7.08m
Earnings-CA$7.08m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.059
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did ECU perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 07:22
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Element 29 Resources Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution