Group Eleven Resources (TSXV:ZNG) - Stock Price, News & Analysis

ZNG Stock Overview

A mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Ireland.

About the company

ZNG fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings have grown 3.4% per year over the past 5 years

Risk Analysis

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

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

Does not have a meaningful market cap (CA$32M)

+ 1 more risk

Group Eleven Resources Corp. Competitors

Eskay Mining

TSXV:ESK

CA$33.1m

EarthLabs

TSXV:SPOT

CA$29.6m

Kodiak Copper

TSXV:KDK

CA$32.4m

Strategic Resources

TSXV:SR

CA$32.5m

Price History & Performance

Summary of all time highs, changes and price drops for Group Eleven Resources
Historical stock prices
Current Share Price	CA$0.17
52 Week High	CA$0.28
52 Week Low	CA$0.065
Beta	1.4
11 Month Change	-15.38%
3 Month Change	-2.94%
1 Year Change	120.00%
33 Year Change	65.00%
5 Year Change	230.00%
Change since IPO	-58.75%

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

Aug 26

Recent updates

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

Aug 26

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

May 13

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

Jan 04

Shareholder Returns

	ZNG	CA Metals and Mining	CA Market
7D	-5.7%	-0.1%	1.1%
1Y	120.0%	12.7%	13.4%

Return vs Industry: ZNG exceeded the Canadian Metals and Mining industry which returned 15.5% over the past year.

Return vs Market: ZNG exceeded the Canadian Market which returned 15.3% over the past year.

Price Volatility

Is ZNG's price volatile compared to industry and market?
ZNG volatility
ZNG Average Weekly Movement	12.7%
Metals and Mining Industry Average Movement	10.0%
Market Average Movement	8.1%
10% most volatile stocks in CA Market	16.9%
10% least volatile stocks in CA Market	3.1%

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

Volatility Over Time: ZNG's weekly volatility (13%) 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	www.groupelevenresources.com

Group Eleven Resources Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Ireland. The company primarily explores for zinc, lead, and silver deposits. It owns 100% interest in the Silvermines project comprising two prospecting licenses (PLs) covering an area of 43.0 square kilometers located in the western Ireland; the PG West project that consists of 22 PLs covering an area of 650 square kilometers located in the Limerick region.

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$32.12m
Earnings (TTM)	-CA$2.35m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-14.1x

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$2.35m
Earnings	-CA$2.35m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.012
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

ZNG Stock Overview

Rewards

Risk Analysis

Group Eleven Resources Corp. Competitors

TSXV:ESK

CA$33.1m

TSXV:SPOT

CA$29.6m

TSXV:KDK

CA$32.4m

TSXV:SR

CA$32.5m

Price History & Performance

Recent News & Updates

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

Recent updates

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 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

Group Eleven Intersects Up To 8.7% Zinc and 3.3% Lead (12.0% combined) in Step-Out Drilling at Stonepark, Ireland

Group Eleven Resources Corp. announced that it has received CAD 1.500005 million in funding from Glencore Canada Corporation and other investors

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

Group Eleven Resources Corp. announced that it expects to receive CAD 1.500005 million in funding

Group Eleven Resources Corp. Intersects 7.2 metres of 23.9% Zinc, 6.6% Lead (30.5% Combined), 108 g/t Silver and 0.12% Copper in follow-up drilling at Carrickittle Prospect in Ireland

Group Eleven Announces Results of Regional Drilling at PG West Zinc Project in Ireland

Insider recently bought CA$120k worth of stock

Group Eleven Resources Corp. announced that it has received CAD 0.12 million in funding

Group Eleven Resources Corp. Commences Follow-Up Drilling At Carrickittle Prospect in Ireland

Group Eleven Resources Corp. announced that it has received CAD 1.55 million in funding

Group Eleven Resources Corp. announced that it expects to receive CAD 1 million in funding

Group Eleven Resources Corp. announced that it has received CAD 0.05 million in funding

Shareholder Returns

Price Volatility

About the Company

Group Eleven Resources Corp. Fundamentals Summary

0.0x

-14.1x

Earnings & Revenue