Element 29 Resources Inc.

TSXV:ECU Stock Report

Market Cap: CA$50.9m

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 -21.9%, while the Metals and Mining industry saw earnings growing at 22% annually.

Key information

-21.9%

Earnings growth rate

-4.6%

EPS growth rate

Metals and Mining Industry Growth27.4%
Revenue growth raten/a
Return on equity-66.9%
Net Marginn/a
Last Earnings Update30 Jun 2024

Recent past performance updates

No 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

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 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 21.9% 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 (19.8%).


Return on Equity

High ROE: ECU has a negative Return on Equity (-66.9%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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