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Home CompaniesElement 29 Resources Inc

Element 29 Resources Inc

Basic Materials Copper
PortfolioPortfolio WatchlistWatchlist
Company price
2.0 CAD 0.05 ( 2.56%)
Last update at 2026-11-03T20:37:00Z
VOLUME
309945
Market Cap
206.82M

Momentum Score

…

Element 29 Resources Inc. engages in the exploration and development of mineral resource properties in Peru. The company explores for copper, molybdenum, gold, silver, lead, and zinc. Its flagship properties are Elida copper project that includes 29 mining concessions covering an area of approximately 19,749 hectares located in the province of Ocros; Flor de Cobre copper project comprising 11 mining concessions covering an area of approximately 2735.355 hectares located in the Southern Peru; Paka Porphyry copper Project covering an area of approximately 1,000 hectares concession and 1,600 hectares claims; and Pahuay porphyry copper Project covering an area of approximately 1,200 hectares. Element 29 Resources Inc. was incorporated in 2017 and is based in Vancouver, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
1.94
Low
2.04
High
52 Week Price Range
0.29
Low
1.40
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Element 29 Resources Inc is a TSX Venture–listed junior mineral exploration company focused on advancing copper and related metal projects. Long-term growth drivers include rising demand for copper from electrification and renewables, further exploration success and resource definition, and progress on permitting and project development which could support value creation.
Primary risks include exploration and development uncertainty, commodity-price volatility, and the need for external financing and permitting, which could constrain progress and dilute shareholders.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1.95
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-13.14%
Net Debt
-
ROCE
-15.59%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -7.15M -1.92M -5.24M -2.91M
Net income -7.15M -1.92M -5.24M -2.91M
Selling general administrative 1.82M 1.72M 3.63M 2.79M
Gross profit -0.06M -0.04M -0.02M -0.01M
Reconciled depreciation 0.06M 0.04M 0.02M 0.01M
Operating income -2.00M -1.90M -3.91M -2.92M
Interest expense 0.01M 0.01M 0.01M 0.00M
Interest income 0.01M 0.02M 0.03M 0.02M
Net interest income 0.00M 0.01M 0.02M 0.02M
Total revenue 0.00M 0.00M 0.00M 0.00M
Total operating expenses 2.00M 1.90M 3.91M 2.92M
Cost of revenue 0.06M 0.04M 0.02M 0.01M
Total other income expense net -5.15M -0.03M -1.35M -0.00M
Net income from continuing ops -7.15M -1.92M -5.24M -2.91M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 13.30M 15.93M 14.54M 17.80M
Total liab 0.46M 0.18M 0.46M 0.79M
Total stockholder equity 12.84M 15.75M 14.08M 17.01M
Capital stock 29.76M 25.84M 21.80M 21.80M
Retained earnings -20.51M -13.36M -11.44M -6.20M
Cash 1.19M 1.23M 1.08M 7.83M
Total current liabilities 0.46M 0.16M 0.46M 0.79M
Short long term debt - - 0.04M 0.04M
Total current assets 1.33M 1.48M 1.33M 7.95M
Net receivables 0.03M 0.03M 0.06M 0.03M
Accounts payable 0.45M 0.13M 0.42M 0.75M
Non current assets total 11.96M 14.45M 13.21M 9.86M
Capital lease obligations 0.01M 0.04M 0.00M -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -2.31M -1.38M -5.25M -3.22M
Total cash from financing activities 3.58M 3.39M 0.72M 6.84M
Net income -7.15M -1.92M -5.24M -2.91M
Change in cash -0.04M 0.15M -6.75M 1.61M
Begin period cash flow 1.23M 1.08M 7.83M 6.22M
End period cash flow 1.19M 1.23M 1.08M 7.83M
Total cash from operating activities -1.31M -1.86M -2.23M -2.01M
Issuance of capital stock 3.26M 3.68M 0.00M 6.90M
Depreciation 0.06M 0.04M 0.02M 0.01M
Dividends paid - - - 0.00M
Capital expenditures 2.31M 1.40M 5.25M 3.19M
Change in working capital 0.10M -0.16M -0.14M 0.01M
Stock based compensation 0.61M 0.17M 1.59M 0.87M
Other non cash items 0.00M 0.00M - 0.00M
Free cash flow -3.62M -3.26M -7.47M -5.20M

Peer Comparison*

Sector: Basic Materials Industry: Copper

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
ECU
Element 29 Resources Inc		 0.05
2.56%		 2.00 - - - 8.83 -3.48
LA
Los Andes Copper Limited		 0.06
0.52%		 11.66 - 400.00 18.00 4.28 649.58
CUU
Copper Fox Metals Inc.		 -0.02
3.23%		 0.60 - - - 4.13 -109.37
HCH
Hot Chili Ltd		 -0.02
1.57%		 1.25 - - 371.14 1.45 -33.85
AXO
Axo Copper Corp		 -0.03
2.94%		 0.99 - - - 3.11 -

Profile*

Element 29 Resources Inc

Element 29 Resources Inc. engages in the exploration and development of mineral resource properties in Peru. The company explores for copper, molybdenum, gold, silver, lead, and zinc. Its flagship properties are Elida copper project that includes 29 mining concessions covering an area of approximately 19,749 hectares located in the province of Ocros; Flor de Cobre copper project comprising 11 mining concessions covering an area of approximately 2735.355 hectares located in the Southern Peru; Paka Porphyry copper Project covering an area of approximately 1,000 hectares concession and 1,600 hectares claims; and Pahuay porphyry copper Project covering an area of approximately 1,200 hectares. Element 29 Resources Inc. was incorporated in 2017 and is based in Vancouver, Canada.

1005 - 409 Granville Street, Vancouver, BC, Canada, V6C 1T2

888 246 7881

https://www.e29copper.com

Name Title Year Born
Mr. Richard T. Osmond P. Geo., P.Geo. CEO, President & Director 1968
Mr. Michael Au CPA Chief Financial Officer 1970
Mr. R. Manuel Montoya Chief Technical Officer & Country Manager NA
Ms. Terese J. Gieselman Corporate Secreatry 1963
Mr. Richard T. Osmond P. Geo., P.Geo. CEO, President & Director 1967
Ms. Terese Joanne Gieselman Corporate Secreatry 1963

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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