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ECU Stock Chart & Stats
C$1.69
C$0.05(3.03%)
At close: 4:00 PM EDT
C$1.69
C$0.05(3.03%)
Day’s Range― - ―
52-Week RangeC$0.94 - C$1.90
Previous CloseN/A
Volume60.68K
Average Volume (3M)186.63K
Market Cap
C$343.45M
Enterprise ValueC$252.95M
Total Cash (Recent Filing)C$36.39M
Total Debt (Recent Filing)C$60.60K
Price to Earnings (P/E)―
Beta0.02
Next Earnings
Dec 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding196,259,460
10 Day Avg. Volume334,975
30 Day Avg. Volume186,634
Financial Highlights & Ratios
PEG Ratio0.90
Price to Book (P/B)7.09
Price to Sales (P/S)0.00
P/FCF Ratio-117.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Very Low LeverageMinimal debt reduces interest obligations and near-term solvency pressure, giving Element 29 greater flexibility to direct capital toward exploration. A lightly levered balance sheet also limits refinancing risk while the company works toward defining and advancing its copper assets.
Expanded Capital BaseThe materially larger equity and asset base indicates financing or investment inflows that can support continued project work. This provides a stronger platform for exploration and engineering activities than the prior year, even though the company remains pre-revenue.
Focused Copper Exploration PlatformA focused copper strategy can concentrate technical expertise and capital on one commodity and a principal project rather than dispersing resources broadly. Mapping, surveys, drilling, resource estimation, and engineering work are designed to progressively define and de-risk the asset.
Bears Say
No Operating RevenueWithout operating revenue, Element 29 cannot currently fund exploration from metal sales and has no demonstrated commercial cash-generating asset. Progress therefore depends on advancing projects toward commercialization, a process that can require substantial additional capital and time.
Persistent Cash BurnOngoing operating and free-cash-flow deficits mean the company consumes capital while developing its projects rather than generating funds internally. Accelerating free-cash-flow deterioration could increase future financing needs and constrain the pace or scope of exploration programs.
Sustained LossesRecurring losses and negative gross profit show that current spending is not yet offset by commercial sales, leaving profitability structurally weak. Negative returns on the expanded capital base indicate that shareholder capital is not currently producing positive earnings, pending commercialization or cost improvement.
Element 29 Resources News
ECU FAQ
What was Element 29 Resources’s price range in the past 12 months?
Element 29 Resources lowest stock price was C$0.94 and its highest was C$1.90 in the past 12 months.
What is Element 29 Resources’s market cap?
Element 29 Resources’s market cap is C$343.45M.
When is Element 29 Resources’s upcoming earnings report date?
Element 29 Resources’s upcoming earnings report date is Dec 02, 2026 which is in 37 days.
How were Element 29 Resources’s earnings last quarter?
Element 29 Resources released its earnings results on Aug 27, 2026. The company reported -C$0.017 earnings per share for the quarter.
Is Element 29 Resources overvalued?
According to Wall Street analysts Element 29 Resources’s price is currently Overvalued.
Does Element 29 Resources pay dividends?
Element 29 Resources does not currently pay dividends.
What is Element 29 Resources’s EPS estimate?
Element 29 Resources’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Element 29 Resources have?
Element 29 Resources has 196,259,460 shares outstanding.
What happened to Element 29 Resources’s price movement after its last earnings report?
Element 29 Resources reported an EPS of -C$0.017 in its last earnings report. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Element 29 Resources?
Currently, no hedge funds are holding shares in TSE:ECU
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Element 29 Resources Stock Smart Score
Neutral
1
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7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
71.56%
12-Months-Change
Fundamentals
Return on Equity
-14.87%
Trailing 12-Months
Asset Growth
325.60%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Element 29 Resources
Element 29 Resources Inc. is an exploration and development company focused on mineral properties throughout Peru. The company's primary objective involves discovering and assessing deposits of copper, molybdenum, gold, silver, lead, zinc, and other valuable minerals. Its flagship asset, the Flor de Cobre project, situated in Southern Peru, spans approximately 1,927 hectares, comprising seven mining concessions and two additional concession applications. Element 29 also wholly owns several other projects: the Elida project, covering roughly 19,210 hectares across 28 mining concessions in the province of Ocros; the Pahuay Copper Skarn project, encompassing about 700 hectares situated south of Lima; and the Muñaorjo copper project, which totals 1,000 hectares elsewhere in Peru. Incorporated in 2017, Element 29 Resources Inc. maintains its headquarters in Vancouver, Canada.