Element 29 Resources Inc.

TSXV:ECU Stock Report

Market Cap: CA$61.1m

Element 29 Resources Past Earnings Performance

Past criteria checks 0/6

Element 29 Resources's earnings have been declining at an average annual rate of -24.8%, while the Metals and Mining industry saw earnings growing at 23.6% annually.

Key information

-24.8%

Earnings growth rate

-6.8%

EPS growth rate

Metals and Mining Industry Growth27.4%
Revenue growth raten/a
Return on equity-55.3%
Net Marginn/a
Last Earnings Update30 Sep 2024

Recent past performance updates

No updates

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

Revenue & Expenses Breakdown

How Element 29 Resources makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:ECU Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 240-710
30 Jun 240-710
31 Mar 240-210
31 Dec 230-210
30 Sep 230-410
30 Jun 230-420
31 Mar 230-420
31 Dec 220-530
30 Sep 220-430
30 Jun 220-430
31 Mar 220-430
31 Dec 210-320
30 Sep 210-330
30 Jun 210-320
31 Mar 210-320
31 Dec 200-220
30 Sep 200-110
30 Jun 200-110
31 Mar 200-110
31 Dec 190-110

Quality Earnings: ECU is currently unprofitable.

Growing Profit Margin: ECU is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ECU is unprofitable, and losses have increased over the past 5 years at a rate of 24.8% per year.

Accelerating Growth: Unable to compare ECU's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ECU is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.4%).


Return on Equity

High ROE: ECU has a negative Return on Equity (-55.25%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:31
End of Day Share Price 2024/12/20 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