2IK Stock Overview
Operates as a copper exploration and development company in Peru.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Element 29 Resources Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.18 |
| 52 Week High | CA$0.26 |
| 52 Week Low | CA$0.048 |
| Beta | 1.26 |
| 11 Month Change | 34.09% |
| 3 Month Change | 125.48% |
| 1 Year Change | 77.00% |
| 33 Year Change | -45.71% |
| 5 Year Change | n/a |
| Change since IPO | -40.29% |
Recent News & Updates
Recent updates
Shareholder Returns
| 2IK | DE Metals and Mining | DE Market | |
|---|---|---|---|
| 7D | 6.0% | 1.9% | 0.8% |
| 1Y | 77.0% | -26.8% | 5.5% |
Return vs Industry: 2IK exceeded the German Metals and Mining industry which returned -26.8% over the past year.
Return vs Market: 2IK exceeded the German Market which returned 5.5% over the past year.
Price Volatility
| 2IK volatility | |
|---|---|
| 2IK Average Weekly Movement | 19.1% |
| Metals and Mining Industry Average Movement | 5.7% |
| Market Average Movement | 4.7% |
| 10% most volatile stocks in DE Market | 10.2% |
| 10% least volatile stocks in DE Market | 2.5% |
Stable Share Price: 2IK's share price has been volatile over the past 3 months.
Volatility Over Time: 2IK's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | Richard Osmond | www.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
| 2IK fundamental statistics | |
|---|---|
| Market cap | €22.03m |
| Earnings (TTM) | -€1.16m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-19.0x
P/E RatioIs 2IK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2IK income statement (TTM) | |
|---|---|
| Revenue | CA$0 |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$0 |
| Other Expenses | CA$1.71m |
| Earnings | -CA$1.71m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.016 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did 2IK perform over the long term?
See historical performance and comparison