EMTRF
Price:
$0.77
Market Cap:
$166.39M
Element 29 Resources Inc. acquires, explores for, evaluates, and develops mineral properties in Peru. The company primarily explores for copper, molybdenum, gold, silver, lead, zinc, and other deposits. Its flagship property is the Flor de Cobre project comprising seven mining concessions and two concession applications covering an area of approximately 1,927 hectares located in the Southern Peru. The company also holds 100% interests in the Elida project that includes 28 mining concessions covering an area of approximately 19,210 hectares located in the province of Ocros; the Pahuay Copper Skarn project covering an area of approximately 700 hectares located to the south of Lima; and Muñaorj...[Read more]
Industry
Copper
IPO Date
2021-05-13
Stock Exchange
OTC
Ticker
EMTRF
According to Element 29 Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.44. This represents a change of -72.74% compared to the average of 5.27 of the last 4 quarters.
The mean historical Current Ratio of Element 29 Resources Inc. over the last ten years is 7.47. The current 1.44 Current Ratio has changed 1.82% with respect to the historical average. Over the past ten years (40 quarters), EMTRF's Current Ratio was at its highest in in the June 2021 quarter at 31.93. The Current Ratio was at its lowest in in the September 2019 quarter at 0.
Average
7.47
Median
2.91
Minimum
0.29
Maximum
26.16
Discovering the peaks and valleys of Element 29 Resources Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 8.80%
Maximum Annual Current Ratio = 26.16
Minimum Annual Increase = -71.26%
Minimum Annual Current Ratio = 0.29
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.91 | -67.85% |
| 2023 | 9.04 | 213.19% |
| 2022 | 2.89 | -71.26% |
| 2021 | 10.04 | -61.60% |
| 2020 | 26.16 | 8.80% |
| 2019 | 0.29 | -69.14% |
The current Current Ratio of Element 29 Resources Inc. (EMTRF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
4.94
5-year avg
10.21
10-year avg
7.47
Element 29 Resources Inc.’s Current Ratio is less than Hot Chili Limited (1.70), less than Highland Copper Company Inc. (17.22), greater than Galan Lithium Limited (0.53), greater than Ardea Resources Limited (0.34), less than Titan Minerals Limited (5.26), greater than Bear Creek Mining Corporation (0.17), less than Minsud Resources Corp. (4.79), less than Eloro Resources Ltd. (4.31), greater than Hastings Technology Metals Limited (1.01), less than Western Forest Products Inc. (2.70),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.70 | $119.33M | |
| 17.22 | $69.58M | |
| 0.53 | $166.80M | |
| 0.34 | $77.01M | |
| 5.26 | $124.54M | |
| 0.17 | $91.75M | |
| 4.79 | $64.76M | |
| 4.31 | $139.02M | |
| 1.01 | $97.39M | |
| 2.70 | $89.22M |
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