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$0.46 - C$1.50
Previous CloseN/A
Volume5.50K
Average Volume (3M)67.80K
Market Cap
C$281.16M
Enterprise ValueC$224.20M
Total Cash (Recent Filing)C$7.57M
Total Debt (Recent Filing)C$77.01K
Price to Earnings (P/E)―
Beta-0.20
Next Earnings
May 28, 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
Conservative Balance SheetVery low debt relative to equity gives the company durable solvency flexibility. For an exploration firm, minimal leverage reduces near-term default risk, supports continued project spending during commodity cycles, and makes future financing less urgent or dilutive.
Meaningful Capital BaseHaving a nontrivial asset and equity base for its scale provides a runway to execute exploration programs without immediate emergency financing. This structural capital buffer supports multi-stage field work and preserves optionality to advance targets or seek strategic transactions.
Clear Exploration Business ModelA focused, repeatable exploration workflow (geology, sampling, geophysics, drilling) creates clear operational milestones tied to resource definition and potential development or transaction outcomes. That stage-gate model underpins long-term value creation if discoveries are made.
Bears Say
No Revenue; Persistent LossesThe absence of operating revenue and recurring net losses mean the company cannot self-fund growth or exploration, forcing dependence on external capital. Over months, this structural lack of cash generation raises execution and dilution risk until commercial resources or alternative cash flows materialize.
Consistent Negative Free Cash FlowOngoing cash burn with only episodic FCF improvement signals weak cash generation durability. Reliance on funding cycles creates structural financing risk and can force asset sales or dilutive capital raises, constraining the company’s ability to sustain multi-year exploration programs independently.
Negative Returns On EquityPersistently negative ROE indicates poor capital efficiency and that deployed equity has not produced economic returns. This structural issue makes attracting accretive, non-dilutive capital harder and increases the likelihood of future dilution or difficult financing terms for project advancement.
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$0.46 and its highest was C$1.50 in the past 12 months.
What is Element 29 Resources’s market cap?
Element 29 Resources’s market cap is C$281.16M.
When is Element 29 Resources’s upcoming earnings report date?
Element 29 Resources’s upcoming earnings report date is May 28, 2026 which is in 7 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
83.23%
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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