Element 29 Resources Inc. is a copper exploration and development company focused on advancing its portfolio of Peruvian projects. The Company’s projects include Flor de Cobre porphyry Cu-Mo and Flor de Cobre. The Company explores and develops its flagship Flor de Cobre porphyry Cu-Mo project located in southern Peru, 26 kilometers (km) southeast from Freeport-McMoRan's Cerro Verde Cu-Mo mine. The Flor de Cobre project is located in the Southern Peru Copper Belt, between the Cerro Verde and Chapi mines. The project is at a moderate elevation of less than 2,700 m, is road accessible, and is close to infrastructure for mine development and operation. The Company’s Elida porphyry copper-molybdenum-silver system is located 85 km from the coast in central Peru.
Metrics to compare | ECU | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipECUPeersSector | |
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P/E Ratio | 0.0x | −12.1x | 2.5x | |
PEG Ratio | 0.00 | 0.06 | 0.00 | |
Price/Book | 0.0x | 1.5x | 1.6x | |
Price / LTM Sales | 0.0x | 0.0x | 1.3x | |
Upside (Analyst Target) | 0.0% | 811.5% | 18.1% | |
Fair Value Upside | Unlock | −3.4% | 1.6% | Unlock |