Group Eleven Resources (ZNG) Stock Overview

Engages in the acquisition, exploration, and evaluation of mineral properties in Ireland. More details

ZNG fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 20.5% per year over past 5 years

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

Shareholders have been diluted in the past year

Volatile share price over the past 3 months compared to the Canadian market

ZNG Community Fair Values

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Group Eleven Resources Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Group Eleven Resources
Historical stock prices
Current Share Price	CA$1.04
52 Week High	CA$1.30
52 Week Low	CA$0.25
Beta	2.3
1 Month Change	-12.61%
3 Month Change	52.94%
1 Year Change	285.19%
3 Year Change	1,286.67%
5 Year Change	550.00%
Change since IPO	160.00%

Recent updates

Analysis Article • Nov 20

We Think Group Eleven Resources (CVE:ZNG) Can Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

Analysis Article • May 30

Is Group Eleven Resources (CVE:ZNG) In A Good Position To Deliver On Growth Plans?

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

Analysis Article • Aug 26

Is Group Eleven Resources (CVE:ZNG) In A Good Position To Invest In Growth?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Analysis Article • May 13

We're Not Very Worried About Group Eleven Resources' (CVE:ZNG) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Analysis Article • Jan 04

Michael Gentile of Group Eleven Resources Corp. (CVE:ZNG) Just Spent CA$753k On Shares

Group Eleven Resources Corp. ( CVE:ZNG ) shareholders (or potential shareholders) will be happy to see that insider...

Shareholder Returns

	ZNG	CA Metals and Mining	CA Market
7D	-11.9%	-10.1%	-0.2%
1Y	285.2%	85.1%	32.6%

Return vs Industry: ZNG exceeded the Canadian Metals and Mining industry which returned 83.7% over the past year.

Return vs Market: ZNG exceeded the Canadian Market which returned 31.1% over the past year.

Price Volatility

Is ZNG's price volatile compared to industry and market?
ZNG volatility
ZNG Average Weekly Movement	14.3%
Metals and Mining Industry Average Movement	11.8%
Market Average Movement	10.3%
10% most volatile stocks in CA Market	18.1%
10% least volatile stocks in CA Market	3.9%

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

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

About the Company

Founded	Employees	CEO	Website
2015	n/a	Bart Jaworski	groupelevenresources.com

Group Eleven Resources Corp., together with its subsidiaries, engages in the acquisition, exploration, and evaluation of mineral properties in Ireland. It explores for zinc, lead, silver, copper, germanium, and antimony deposits. The company was founded in 2015 and is based in Vancouver, Canada.

Group Eleven Resources Corp. Fundamentals Summary

How do Group Eleven Resources's earnings and revenue compare to its market cap?
ZNG fundamental statistics
Market cap	CA$293.19m
Earnings (TTM)	-CA$5.57m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-52.7x

P/E Ratio

Is ZNG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ZNG income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$5.57m
Earnings	-CA$5.57m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	-0.02
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did ZNG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/20 08:04
End of Day Share Price	2026/05/20 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Group Eleven Resources Corp. 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.

Group Eleven Resources (ZNG) Stock Overview

Risk Analysis

Group Eleven Resources Corp. Competitors

Foraco International

Andina Copper

CVW Sustainable Royalties

Mogotes Metals

Price History & Performance

Recent News & Updates

Group Eleven to Mobilise A Rig At Stonepark Zinc Project Imminently for Four-Hole, 2,700 M Drill Programme Phase

Board Member exercised options to buy CA$1.2m worth of stock.

Group Eleven Resources Corp. announced that it has received CAD 10.4355 million in funding from Glencore Canada Corporation

Board Member recently bought CA$76k worth of stock

Group Eleven Resources Corp. Announces the Latest Nine Drill Holes from Its Ballywire Discovery at the 100%-Owned Pg West Project

New minor risk - Share price stability

Recent updates

Group Eleven to Mobilise A Rig At Stonepark Zinc Project Imminently for Four-Hole, 2,700 M Drill Programme Phase

Board Member exercised options to buy CA$1.2m worth of stock.

Group Eleven Resources Corp. announced that it has received CAD 10.4355 million in funding from Glencore Canada Corporation

Board Member recently bought CA$76k worth of stock

Group Eleven Resources Corp. Announces the Latest Nine Drill Holes from Its Ballywire Discovery at the 100%-Owned Pg West Project

New minor risk - Share price stability

New major risk - Shareholder dilution

We Think Group Eleven Resources (CVE:ZNG) Can Afford To Drive Business Growth

New major risk - Shareholder dilution

Group Eleven Resources Corp. announced that it has received CAD 5.75 million in funding

Group Eleven Resources Corp. announced that it expects to receive CAD 5 million in funding

Group Eleven Resources Corp. Announces the Latest Step-Out Drill Results from the Zn-Pb-Ag Horizon At Its Ballywire Discovery At the PG West Project

New minor risk - Shareholder dilution

New minor risk - Insider selling

Non-Executive Director exercised options to buy CA$238k worth of stock.

Is Group Eleven Resources (CVE:ZNG) In A Good Position To Deliver On Growth Plans?

New major risk - Financial position

Group Eleven Resources Corp., Annual General Meeting, Jul 30, 2025

Group Eleven Resources Corp. Announces Assay Results from Four New Holes from the Ongoing Drill Program at Ballywire Zinc-Lead-Silver Discovery, PG West Project, Republic of Ireland

New minor risk - Share price stability

Group Eleven Resources Corp. announced that it has received CAD 2.5 million in funding

Group Eleven Resources Corp. announced that it expects to receive CAD 1.5 million in funding

New major risk - Revenue and earnings growth

Group Eleven Resources Corp. Announces Results from A Recent Step-Out Hole of the 2024 Drill Program At the 100%-Owned Ballywire Zinc-Lead-Silver Discovery, Pg West Project, Republic of Ireland

Group Eleven Resources Corp. Announces Board Changes

Group Eleven Resources Corp. Begins Drilling Campaign on Stonepark Licence Block in Limerick, Ireland

Is Group Eleven Resources (CVE:ZNG) In A Good Position To Invest In Growth?

New major risk - Financial position

Group Eleven Resources Corp. Announces Details of Upcoming Drill Program at Carrickittle West

Group Eleven Resources Corp. Announces Results from the Most Recent Four Holes of the 2024 Drill Program

New minor risk - Share price stability

Group Eleven Resources Corp., Annual General Meeting, Jul 22, 2024

We're Not Very Worried About Group Eleven Resources' (CVE:ZNG) Cash Burn Rate

Group Eleven Resources Corp. Announces Results from the First Four Holes of the 2024 Drill Program At Ballywire Zinc-Lead-Silver Discovery, Pg West Project, Republic of Ireland

Group Eleven Extends Mineralized Footprint by 50M to North At Ballywire Zinc-Lead-Silver Discovery, Reports Additional Germanium Assays and Expands Ground Position At Stonepark

Group Eleven Resources Corp. Starts Two-Rig Step-Out Drill Program At Ballywire Zinc-Lead-Silver Discovery

Group Eleven Resources Corp. announced that it expects to receive CAD 1.5 million in funding

Group Eleven Resources Corp. Announces Drill Results from Five Step-Out Holes At its 100%-Owned Ballywire Zinc-Lead-Silver Discovery, PG West Project, Republic of Ireland

Group Eleven Resources Corp. Announces Results of Ground Gravity Survey Carried Out During June 2023 at its 100%-Owned Ballywire Zinc-Lead-Silver Discovery, PG West Project, Republic of Ireland

Insufficient new directors

New major risk - Financial position

Group Eleven Resources Corp. Adds Second Drill Rig at Ballywire Zinc-Lead-Silver-Germanium Discovery, PG West Project, Ireland

Group Eleven Resources Corp., Annual General Meeting, Jul 27, 2023

Group Eleven Resources Corp. Continues Follow-Up Drilling At Ballywire Discovery and Provides Results of Regional Drilling At Stonepark and Pg West Zinc Projects, Ireland

Group Eleven Announces Start of Follow-Up Drill Program and Reports Elevated Germanium at Ballywire Zinc Discovery, Ireland

Arkle Resources plc and Group Eleven Resources Corp. Announce Additional Drilling on Stonepark

Group Eleven Resources Corp. Re-Commences Drilling At Stonepark Project, Ireland and Provides Exploration Update

Group Eleven Discovers High-Grade Massive Sulphides Including 6.9m of 15.4% Zn+Pb and 160 g/t Ag within Wider Mineralized Interval of 66.0m at Ballywire Prospect, Ireland

Group Eleven Resources Corp. Completes Drilling At Ballywire, Adds New License At Tullacondra and Proceeds with Drill Planning At Carrickittle West, PG West Project, Ireland

Group Eleven Resources Corp. Provides an Update on Its Zinc Exploration Drilling At the Stonepark Project Ireland

Group Eleven Resources Corp Appoints Jeannine Webb as Chief Financial Officer

Group Eleven Resources Corp. Reports Assay Results at Tullacondra Cu-Ag Prospect, Near PG West Project, Ireland

Group Eleven Resources Corp., Annual General Meeting, Jun 14, 2022

Group Eleven Resources Corp. Reports Results from First-Pass Reconnaissance Drilling at the 1Km NW Extension at the Carrickittle Prospect Within its 100%-Owned PG West Project Ireland

Group Eleven Resources Corp. announced that it has received CAD 2.4998 million in funding

Group Eleven Resources Corp. announced that it expects to receive CAD 1.5 million in funding

Group Eleven Resources Corp Starts Drilling at Stonepark Project, Plans Maiden Drilling at Tullacondra Prospect, PG West Project, Ireland

Group Eleven Resources Corp. Plans 2,300M Drill Program At Stonepark Project, Follow-Up Drilling At Ballywire Prospect, Pg West Project, Ireland

Group Eleven Resources Corp. Identifies High-Priority Structural Corridor Northwest of Zone 1 and 2 at Carrickittle Zinc Prospect, PG West Project, Ireland

Group Eleven Resources Corp. Intersects 3.30 Metres of 13.6% Zneq in 220-Metre Step-Out Hole at Ballywire Zinc Prospect, PG West Project, Ireland

Group Eleven Resources Corp. Starts Drill Campaign at Zone 3 and 4 of Carrickittle Zinc Prospect, PG West Project, Ireland

Group Eleven Resources Corp. Intersects 1.4 metres of 14.8% ZnEq and Drills Vein-Type Mineralization Over 100m Strike-Length at Zone 2 of the Carrickittle Zinc Prospect, Ireland

Group Eleven Announces Start of Drill Program and Results from IP Survey at Carrickittle Zinc Prospect at PG West Project, Ireland

Group Eleven Resources Corp. Announce Plans for Follow-Up Drilling At the Carrickittle Prospect At Its 100% Interest Pg West Project