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Element 29 Resources TSXV:ECU Stock Report

Last Price

CA$0.42

Market Cap

CA$50.9m

7D

-5.6%

1Y

269.6%

Updated

20 Nov, 2024

Data

Company Financials

Element 29 Resources Inc.

TSXV:ECU Stock Report

Market Cap: CA$50.9m

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 Health6/6
Dividends0/6

Risk Analysis

Earnings have declined by 21.9% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Shareholders have been diluted in the past year

Does not have a meaningful market cap (CA$51M)

+ 1 more risk

Element 29 Resources Inc. Competitors

Fuerte Metals

TSXV:FMT

CA$56.3m

Alta Copper

TSX:ATCU

CA$44.0m

Koryx Copper

TSXV:KRY

CA$80.5m

Lion Copper and Gold

CNSX:LEO

CA$34.9m

Price History & Performance

Summary of all time highs, changes and price drops for Element 29 Resources
Historical stock prices
Current Share PriceCA$0.42
52 Week HighCA$0.51
52 Week LowCA$0.10
Beta1.07
11 Month Change3.66%
3 Month Change63.46%
1 Year Change269.57%
33 Year Change-29.17%
5 Year Changen/a
Change since IPO1.19%

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-5.6%3.6%0.4%
1Y269.6%29.8%21.4%

Return vs Industry: ECU exceeded the Canadian Metals and Mining industry which returned 29.8% over the past year.

Return vs Market: ECU exceeded the Canadian Market which returned 21.4% 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 Movement10.5%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.7%
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$50.93m
Earnings (TTM)-CA$6.74m
Revenue (TTM)n/a

0.0x

P/S Ratio

-7.6x

P/E Ratio

Is ECU overvalued?

See Fair Value and valuation analysis

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$6.74m
Earnings-CA$6.74m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.056
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did ECU perform over the long term?

See historical performance and comparison