Element 29 Resources Stock Today
| EMTRF Stock | USD 0.40 0.03 8.11% |
Performance15 of 100
| Odds Of DistressLess than 49
|
Element 29 is trading at 0.4 as of the 1st of December 2024. This is a 8.11 percent increase since the beginning of the trading day. The stock's lowest day price was 0.37. Element 29 has 49 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for Element 29 Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Element 29 Resources Inc. acquires, explores for, evaluates, and develops mineral properties in Peru. Element 29 Resources Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Element 29 operates under Copper classification in the United States and is traded on OTC Exchange.. The company has 86.97 M outstanding shares. More on Element 29 Resources
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Element OTC Stock Highlights
| Business Concentration | Copper, Basic Materials (View all Sectors) |
Element 29 Resources [EMTRF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Element 29's market, we take the total number of its shares issued and multiply it by Element 29's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Element 29 Resources classifies itself under Basic Materials sector and is part of Copper industry. The entity has 86.97 M outstanding shares.
Element 29 Resources has accumulated about 3.35 M in cash with (2.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
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Ownership AllocationElement 29 holds a total of 86.97 Million outstanding shares. Element 29 Resources retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Element 29 Resources Risk Profiles
| Mean Deviation | 3.95 | |||
| Semi Deviation | 3.11 | |||
| Standard Deviation | 5.89 | |||
| Variance | 34.68 |
Element Stock Against Markets
Picking the right benchmark for Element 29 otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Element 29 otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Element 29 is critical whether you are bullish or bearish towards Element 29 Resources at a given time. Please also check how Element 29's historical prices are related to one of the top price index indicators.
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Other Information on Investing in Element OTC Stock
Element 29 financial ratios help investors to determine whether Element OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Element with respect to the benefits of owning Element 29 security.