Element 29 Resources (TSE:ECU)
:ECU
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ECU Stock Chart & Stats
C$1.08
-C$0.02(-3.92%)
At close: 4:00 PM EST
C$1.08
-C$0.02(-3.92%)
Day’s Range― - ―
52-Week RangeC$0.47 - C$1.59
Previous CloseN/A
Volume5.50K
Average Volume (3M)67.80K
Market Cap
C$275.50M
Enterprise ValueC$208.23M
Total Cash (Recent Filing)C$4.94M
Total Debt (Recent Filing)C$68.95K
Price to Earnings (P/E)―
Beta-0.05
Next Earnings
Aug 27, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding188,697,570
10 Day Avg. Volume110,413
30 Day Avg. Volume67,800
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
Low Leverage And Sizable Equity BaseExtremely low leverage (debt-to-equity ~0.3%) and a TTM equity base (~$22.6M) provide financial flexibility for multi-stage exploration. This reduces near-term refinancing pressure, supports continued drilling or permitting, and preserves optionality to fund value-accretive development or transactions.
Focused Copper Exploration StrategyConcentrated focus on copper assets in Peru aligns the company with a structurally important commodity. A dedicated copper strategy concentrates technical expertise and positions the firm to capture long-term upside if resource definition and eventual development or partner transactions succeed.
Systematic Exploration ApproachUsing mapping, sampling, geophysics and drilling indicates a methodical project advancement approach. Consistent technical work reduces geological uncertainty over time, improving the probability of defining a resource or structuring a transaction with a developer or partner.
Bears Say
Pre-revenue And Persistent LossesPre-revenue status and recurring net losses mean the business cannot self-fund operations. Continued negative earnings increase dependence on external capital, raise dilution risk, and make long-term value realization contingent on successful exploration, discovery or a third-party transaction.
Deteriorating Free Cash Flow And Higher Cash BurnConsistent negative operating cash flow and materially worse TTM free cash flow elevate near-term funding risk. Rising cash burn forces reliance on capital markets or partners, which can dilute shareholders or constrain sustained exploration spending if financing conditions tighten.
Negative Return On EquityA TTM ROE of about -14% shows the existing equity base is producing negative returns. This indicates capital is currently being consumed rather than deployed to generate shareholder value, leaving investors reliant on future resource success or asset monetization to reverse underperformance.
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$0.47 and its highest was C$1.59 in the past 12 months.
What is Element 29 Resources’s market cap?
Element 29 Resources’s market cap is C$275.50M.
When is Element 29 Resources’s upcoming earnings report date?
Element 29 Resources’s upcoming earnings report date is Aug 27, 2026 which is in 84 days.
How were Element 29 Resources’s earnings last quarter?
Currently, no data Available
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 188,697,570 shares outstanding.
What happened to Element 29 Resources’s price movement after its last earnings report?
Currently, no data Available
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
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Technicals
SMA
Positive
20 days / 200 days
Momentum
146.34%
12-Months-Change
Fundamentals
Return on Equity
-14.07%
Trailing 12-Months
Asset Growth
66.54%
Trailing 12-Months
Company Description
Element 29 Resources
Element 29 Resources Inc. acquires, explores for, evaluates, and develops mineral properties in Peru. The company primarily explores for copper, molybdenum, gold, silver, lead, zinc, and other deposits. Its flagship property is the Flor de Cobre project comprising seven mining concessions and two concession applications covering an area of approximately 1,927 hectares located in the Southern Peru. The company also holds 100% interests in the Elida project that includes 28 mining concessions covering an area of approximately 19,210 hectares located in the province of Ocros; the Pahuay Copper Skarn project covering an area of approximately 700 hectares located to the south of Lima; and Muñaorjo copper project covering an area of 1,000 hectares located in Peru. Element 29 Resources Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada.
Technical Analysis
Options Prices
Currently, No data available
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