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ECU Stock Chart & Stats
C$1.65
C$0.05(3.03%)
At close: 4:00 PM EDT
C$1.65
C$0.05(3.03%)
Day’s Range― - ―
52-Week RangeC$0.47 - C$1.89
Previous CloseN/A
Volume60.68K
Average Volume (3M)67.80K
Market Cap
C$320.79M
Enterprise ValueC$167.90
Total Cash (Recent Filing)C$4.94M
Total Debt (Recent Filing)C$68.95K
Price to Earnings (P/E)―
Beta0.14
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 debt and a meaningful equity base provide durable financial optionality for a junior explorer. Low leverage reduces refinancing and covenant risk, allowing the company to fund exploration through equity or project-level financing without immediate debt pressure, preserving flexibility.
Clear, Focused Copper-exploration ModelA concentrated strategy on copper projects in Peru gives clarity to capital allocation and operational priorities. For a resource junior, focused exploration programs (mapping, geophysics, drilling) help build scalable resource knowledge and make progress toward value-driving milestones over months.
Improving Loss Trend Versus Prior YearReported net losses narrowed from 2024 into 2025 and the trailing period, reflecting reduced expenditures or improved operational efficiency. If sustained, this trend lengthens runway and lowers near-term funding urgency, supporting continued exploration progress without immediate capital raises.
Bears Say
Pre-revenue Company With Persistent LossesThe company generates no operating revenue and remains loss-making, a structural constraint for a junior explorer. Without commercial cash inflows, the business must continuously access capital markets to fund activities, increasing dilution risk and making long-term plans contingent on successful financing.
Negative Operating And Deteriorating Free Cash FlowConsistent negative OCF and materially worse free cash flow in the trailing period indicate rising cash burn and higher funding needs. This durable cash deficit raises the probability of future equity raises or project slowdown, constraining the company's ability to advance multiple exploration fronts simultaneously.
Negative Returns On Equity (TTM ROE ~ -14%)A negative ROE shows the company is not producing returns from invested capital, signaling inefficient use of its equity base. Over months, continued negative ROE can erode shareholder value absent successful resource definition or value-accretive project milestones to justify ongoing investment.
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$1.89 in the past 12 months.
What is Element 29 Resources’s market cap?
Element 29 Resources’s market cap is C$320.79M.
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 12 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
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
146.34%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
66.54%
Trailing 12-Months
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.