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Element 29 Resources Inc (ECU) Fair Value & Analysis

Basic Materials · CA · Market cap C$249M

PriceC$1.44
Fair ValueC$0.3600
Upside-75.0%
Quality95/100
Evidence: Low Range C$0.2700 – C$0.4500

Fair value as of: Jun 24, 2026

Analysis

Element 29 Resources Inc (ECU) currently trades at C$1.44, while our model-based Fair Value estimate is C$0.3600 — implying the stock looks roughly 75.0% overvalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

About the company

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 concessions covering an area of approximately 3,135.355 hectares located in the Southern Peru; Paka Porphyry copper Project covering an area of approximately 1,000 hectares concession and 1,600 hectares claims; and Pahuay porphyry copper Project covering an area of approximately 1,200 hectares. The company was incorporated in 2017 and is based in Vancouver, Canada.

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Frequently asked questions

Is Element 29 Resources Inc (ECU) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$0.3600 versus a price of C$1.44 — about −75% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ECU?
Our 21-model fair value for Element 29 Resources Inc is C$0.3600 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$1.44.
What is the quality score of ECU?
Element 29 Resources Inc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.