ELEMENT 29 RESOURCES INC (ECU.CA) Stock Fundamental Analysis

Canada • TSX Venture Exchange • TSX-V:ECU • CA28619M1059

1.2 CAD
-0.03 (-2.44%)
Last: Feb 3, 2026, 07:00 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to ECU. ECU was compared to 814 industry peers in the Metals & Mining industry. The financial health of ECU is average, but there are quite some concerns on its profitability. ECU does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • ECU had negative earnings in the past year.
  • In the past year ECU has reported a negative cash flow from operations.
  • ECU had negative earnings in each of the past 5 years.
  • In the past 5 years ECU always reported negative operating cash flow.
ECU.CA Yearly Net Income VS EBIT VS OCF VS FCFECU.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 -2M -4M -6M

1.2 Ratios

  • ECU has a Return On Assets of -10.06%. This is in the better half of the industry: ECU outperforms 60.69% of its industry peers.
  • ECU has a better Return On Equity (-10.17%) than 65.11% of its industry peers.
Industry RankSector Rank
ROA -10.06%
ROE -10.17%
ROIC N/A
ROA(3y)-33.95%
ROA(5y)-26.97%
ROE(3y)-35.03%
ROE(5y)-27.84%
ROIC(3y)N/A
ROIC(5y)N/A
ECU.CA Yearly ROA, ROE, ROICECU.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 -10 -20 -30 -40 -50

1.3 Margins

  • The Profit Margin and Operating Margin and Gross Margin are not available for ECU so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
ECU.CA Yearly Profit, Operating, Gross MarginsECU.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024

6

2. Health

2.1 Basic Checks

  • ECU has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for ECU has been increased compared to 5 years ago.
  • The debt/assets ratio for ECU has been reduced compared to a year ago.
ECU.CA Yearly Shares OutstandingECU.CA Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
ECU.CA Yearly Total Debt VS Total AssetsECU.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M

2.2 Solvency

  • An Altman-Z score of 455.39 indicates that ECU is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 455.39, ECU belongs to the top of the industry, outperforming 97.67% of the companies in the same industry.
  • A Debt/Equity ratio of 0.00 indicates that ECU is not too dependend on debt financing.
  • ECU has a Debt to Equity ratio (0.00) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 455.39
ROIC/WACCN/A
WACCN/A
ECU.CA Yearly LT Debt VS Equity VS FCFECU.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 5M -5M 10M 15M

2.3 Liquidity

  • A Current Ratio of 49.78 indicates that ECU has no problem at all paying its short term obligations.
  • ECU has a Current ratio of 49.78. This is amongst the best in the industry. ECU outperforms 97.79% of its industry peers.
  • A Quick Ratio of 49.78 indicates that ECU has no problem at all paying its short term obligations.
  • ECU's Quick ratio of 49.78 is amongst the best of the industry. ECU outperforms 97.79% of its industry peers.
Industry RankSector Rank
Current Ratio 49.78
Quick Ratio 49.78
ECU.CA Yearly Current Assets VS Current LiabilitesECU.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M

0

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 72.12% over the past year.
EPS 1Y (TTM)72.12%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%63.86%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.

0

4. Valuation

4.1 Price/Earnings Ratio

  • ECU reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
ECU.CA Price Earnings VS Forward Price EarningsECU.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
ECU.CA Per share dataECU.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.05 0.1 0.15

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

  • ECU does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

ELEMENT 29 RESOURCES INC

TSX-V:ECU (2/3/2026, 7:00:00 PM)

1.2

-0.03 (-2.44%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)N/A
Earnings (Next)N/A
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners5.07%
Ins Owner ChangeN/A
Market Cap186.61M
Revenue(TTM)N/A
Net Income(TTM)-2.38M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 7.97
P/tB 7.97
EV/EBITDA N/A
EPS(TTM)-0.02
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.03
FCFYN/A
OCF(TTM)-0.01
OCFYN/A
SpS0
BVpS0.15
TBVpS0.15
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -10.06%
ROE -10.17%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-33.95%
ROA(5y)-26.97%
ROE(3y)-35.03%
ROE(5y)-27.84%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 5831.55%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 49.78
Quick Ratio 49.78
Altman-Z 455.39
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)12309.2%
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)72.12%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%63.86%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-14.94%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-3.78%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y7.07%
OCF growth 3YN/A
OCF growth 5YN/A

ELEMENT 29 RESOURCES INC / ECU.CA FAQ

Can you provide the ChartMill fundamental rating for ELEMENT 29 RESOURCES INC?

ChartMill assigns a fundamental rating of 2 / 10 to ECU.CA.


Can you provide the valuation status for ELEMENT 29 RESOURCES INC?

ChartMill assigns a valuation rating of 0 / 10 to ELEMENT 29 RESOURCES INC (ECU.CA). This can be considered as Overvalued.


Can you provide the profitability details for ELEMENT 29 RESOURCES INC?

ELEMENT 29 RESOURCES INC (ECU.CA) has a profitability rating of 1 / 10.