Element 29 Resources Inc. (ECU.V)
Element 29 Resources Inc. operates in the Copper industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $1.70, up 0.00% on the session, giving a market capitalisation of $320.8M. Its beta of 1.34 implies it has historically moved more than the broad market.
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.
Element 29 Resources Inc. is most often compared with the following Basic Materials names: