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E

Element 29 Resources ECU.V · CAD

Materials · TSX Venture · 🇨🇦 Canada

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1.92

+1.05%

Close of 9 Nov 2026, in CAD

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About Element 29 Resources

Its shares trade on TSX Venture under the ticker ECU.V. It has been listed since 3 December 2020.

Element 29 Resources, Inc. operates as a mineral exploration company. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2020-12-03. The firm's principal objective is to explore and develop its Elida Porphyry Copper Deposit in west-central Peru and its Flor de Cobre Porphyry Copper Project located in the Southern Peru Copper Belt. The Elida Porphyry Copper Deposit is located in central Peru, approximately 85 km inland from the Pacific coast at moderate elevations between 1,500 meters and 2,000 meters and close to transportation. The Flor de Cobre is located approximately 30 km southeast of the large copper mine at Cerro Verde and approximately seven km northwest of the Chapi copper mine. The firm also owns 100% interest of the Pahuay copper skarn project, located in Peru, subject to a 2% net smelter return (NSR) to Globetrotters. The company owns 100% interest of the Munaorjo copper skarn porphyry project, located in Peru, subject to a 2% NSR to Globetrotters.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
3 Dec 2020

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Elida Porphyry Copper Deposit in west-central Peru is strategically located near transportation infrastructure.
  • Flor de Cobre Porphyry Copper Project is situated close to established copper mines in Southern Peru Copper Belt.
  • Pahuay copper skarn project in Peru is fully owned with only a 2% NSR obligation to Globetrotters.

Weaknesses

  • Munaorjo copper skarn porphyry project in Peru has a 2% NSR obligation to Globetrotters.
  • Elida Deposit is located at moderate elevations between 1,500 and 2,000 meters.
  • Flor de Cobre Project is approximately 30 km southeast of Cerro Verde mine.

Opportunities

  • Peru's Southern Peru Copper Belt offers significant exploration potential for copper projects.
  • The Elida Porphyry Copper Deposit is 85 km inland from the Pacific coast with good transportation access.
  • Pahuay copper skarn project is fully owned with minimal royalty obligations.

Threats

  • The company's projects are concentrated in Peru, increasing geopolitical risk exposure.
  • Munaorjo project has a 2% NSR royalty to Globetrotters which could affect profitability.
  • Flor de Cobre Project is near existing mines which may lead to operational challenges.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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