Element 29 Resources Inc (ECU) - Total Assets

Latest as of March 2026: CA$22.92 Million CAD ≈ $16.58 Million USD

Based on the latest financial reports, Element 29 Resources Inc (ECU) holds total assets worth CA$22.92 Million CAD (≈ $16.58 Million USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See ECU equity to assets ratio to measure how much of total assets are equity-financed.

Element 29 Resources Inc - Total Assets Trend (2021–2025)

This chart illustrates how Element 29 Resources Inc's total assets have evolved over time, based on quarterly financial data. Check how tangible is Element 29 Resources Inc's equity to evaluate the tangible quality of the company's equity base.

Element 29 Resources Inc - Asset Composition Analysis

Current Asset Composition (December 2025)

Element 29 Resources Inc's total assets of CA$22.92 Million consist of 32.0% current assets and 68.0% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 31.1%
Accounts Receivable CA$10.70K 0.0%
Inventory CA$0.00 0.0%
Property, Plant & Equipment CA$0.00 0.0%
Intangible Assets CA$0.00 0.0%
Goodwill CA$0.00 0.0%

Asset Composition Trend (2021–2025)

This chart illustrates how Element 29 Resources Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see how much is Element 29 Resources Inc worth.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Element 29 Resources Inc's current assets represent 32.0% of total assets in 2025, a decrease from 44.6% in 2021.
  • Cash Position: Cash and equivalents constituted 31.1% of total assets in 2025, down from 44.0% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
  • Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.

Element 29 Resources Inc Competitors by Total Assets

Key competitors of Element 29 Resources Inc based on total assets are shown below.

Company Country Total Assets
First Quantum Minerals Ltd
TO:FM
Canada CA$25.24 Billion
Capstone Mining Corp
TO:CS
Canada CA$6.96 Billion
North Copper Shanxi Co Ltd
SHE:000737
China CN¥19.47 Billion
Ero Copper Corp
TO:ERO
Canada CA$2.06 Billion
Pengxin International Mining Co Ltd
SHG:600490
China CN¥7.76 Billion
Sandfire Resources Limited
F:S2Z
Germany €2.87 Billion
Faraday Copper Corp.
TO:FDY
Canada CA$169.93 Million
MAC Copper Ltd
AU:MAC
Australia AU$1.35 Billion

Element 29 Resources Inc - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 21.47 4.99 4.31
Quick Ratio 21.47 4.99 4.31
Cash Ratio 0.00 0.00 0.00
Working Capital CA$4.96 Million CA$1.15 Million CA$809.68K

Element 29 Resources Inc - Advanced Valuation Insights

This section examines the relationship between Element 29 Resources Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 11.17
Latest Market Cap to Assets Ratio 7.67
Asset Growth Rate (YoY) 83.2%
Total Assets CA$24.37 Million
Market Capitalization $187.01 Million USD

Valuation Analysis

Premium Asset Valuation: The market values Element 29 Resources Inc's assets at a significant premium (7.67x), suggesting investors see substantial growth potential or unique competitive advantages.

Rapid Asset Growth: Element 29 Resources Inc's assets grew by 83.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Element 29 Resources Inc (2021–2025)

The table below shows the annual total assets of Element 29 Resources Inc from 2021 to 2025.

Year Total Assets Change
2025-12-31 CA$24.37 Million
≈ $17.63 Million
+83.23%
2024-12-31 CA$13.30 Million
≈ $9.62 Million
-16.50%
2023-12-31 CA$15.93 Million
≈ $11.52 Million
+9.52%
2022-12-31 CA$14.54 Million
≈ $10.52 Million
-18.31%
2021-12-31 CA$17.80 Million
≈ $12.88 Million
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About Element 29 Resources Inc

V:ECU Canada Copper
Market Cap
$187.01 Million
CA$258.52 Million CAD
Market Cap Rank
#16914 Global
#526 in Canada
Share Price
CA$1.37
Change (1 day)
+3.79%
52-Week Range
CA$0.49 - CA$1.57
All Time High
CA$1.57
About

Element 29 Resources Inc. engages in the exploration and development of mineral resource properties in Peru. The company explores for copper, molybdenum, gold, silver, and zinc. Its flagship properties are Elida copper project that includes 29 mining concessions covering an area of approximately 19,749 hectares located in the province of Ocros; Flor de Cobre copper project comprising 11 mining co… Read more