Copper
Copper miners benefit from infrastructure demand. Price cycles typically last 5-7 years.
Element 29 Resources Inc. focuses on exploring and developing mineral resources, primarily copper, in Peru. While it has a solid current ratio of 1.44, indicating good liquidity, its negative ROE and ROA of -5.4% and -5.3% raise concerns about profitability. Additionally, the low debt-to-equity ratio of 0.01 suggests minimal leverage, which is a strength. However, the overall financial health score of 63/100 indicates room for improvement in operational efficiency.
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Company has $302K in cash but burned $307K last quarter. At this burn rate, only 1.0 quarters of runway remain without additional financing.
Company posted a loss of $-2.9M over the last year, representing Infinity% of revenue.
Operating cash flow has been negative for 3 consecutive quarters, burning $1.2M over the last year.
Fortress balance sheet: cash covers total debt 3.3×, providing significant financial flexibility.
Valuation, risk assessment, competitive positioning, and key insights — all in one report.
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Based on 2025-Q2 (June 30, 2025)