Element 29 Resources Stock Analysis
| EMTRF Stock | USD 0.92 0.04 4.17% |
Element 29 Resources holds a debt-to-equity ratio of 0.002. Element 29's financial risk is the risk to Element 29 stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Element 29's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Element 29's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the OTC Stock is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Element OTC Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Element 29's stakeholders.
For most companies, including Element 29, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Element 29 Resources, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Element 29's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Element 29's debt-to-equity ratio measures a OTC Stock's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Element 29 is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Element 29 to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Element 29 is said to be less leveraged. If creditors hold a majority of Element 29's assets, the OTC Stock is said to be highly leveraged.
Element 29 Resources is overvalued with Real Value of 0.73 and Hype Value of 0.91. The main objective of Element 29 otc analysis is to determine its intrinsic value, which is an estimate of what Element 29 Resources is worth, separate from its market price. There are two main types of Element 29's stock analysis: fundamental analysis and technical analysis.
The Element 29 otc stock is traded in the USA on OTCQB Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Element 29's ongoing operational relationships across important fundamental and technical indicators.
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Element OTC Stock Analysis Notes
About 21.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.93. Some equities with similar Price to Book (P/B) outperform the market in the long run. Element 29 Resources recorded a loss per share of 0.04. The entity had not issued any dividends in recent years. Element 29 Resources Inc. acquires, explores for, evaluates, and develops mineral properties in Peru. Element 29 Resources Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Element 29 operates under Copper classification in the United States and is traded on OTC Exchange.The quote for Element 29 Resources is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Element 29 Resources call Steve Stakiw at 888 246 7881 or check out https://www.e29copper.com.Element 29 Resources Investment Alerts
| Element 29 Resources has some characteristics of a very speculative penny stock | |
| Element 29 Resources had very high historical volatility over the last 90 days | |
| Element 29 Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.91 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Element 29 Resources has accumulated about 3.35 M in cash with (2.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 21.0% of the company shares are held by company insiders |
Element Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Element 29's market, we take the total number of its shares issued and multiply it by Element 29's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 1st of February, Element 29 shows the Downside Deviation of 3.47, mean deviation of 2.38, and Coefficient Of Variation of 686.94. Element 29 Resources technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Element 29 Resources, which can be compared to its peers. Please confirm Element 29 Resources variance, as well as the relationship between the value at risk and skewness to decide if Element 29 Resources is priced favorably, providing market reflects its regular price of 0.92 per share. Given that Element 29 is a hitting penny stock territory we advise to closely look at its total risk alpha.Element 29 Resources Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Triple Exponential Moving Average (T3) indicator is developed by Tim Tillson as Element 29 Resources price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
Element 29 Predictive Daily Indicators
Element 29 intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Element 29 otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Element 29 Forecast Models
Element 29's time-series forecasting models are one of many Element 29's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Element 29's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Element 29 Resources Debt to Cash Allocation
Many companies such as Element 29, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Element 29 Resources has accumulated 40 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Element 29 Resources has a current ratio of 7.43, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Element 29 until it has trouble settling it off, either with new capital or with free cash flow. So, Element 29's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Element 29 Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Element to invest in growth at high rates of return. When we think about Element 29's use of debt, we should always consider it together with cash and equity.Element 29 Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Element 29's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Element 29, which in turn will lower the firm's financial flexibility.About Element OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Element 29 prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Element shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Element 29. By using and applying Element OTC Stock analysis, traders can create a robust methodology for identifying Element entry and exit points for their positions.
Element 29 Resources Inc. acquires, explores for, evaluates, and develops mineral properties in Peru. Element 29 Resources Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Element 29 operates under Copper classification in the United States and is traded on OTC Exchange.
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When running Element 29's price analysis, check to measure Element 29's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Element 29 is operating at the current time. Most of Element 29's value examination focuses on studying past and present price action to predict the probability of Element 29's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Element 29's price. Additionally, you may evaluate how the addition of Element 29 to your portfolios can decrease your overall portfolio volatility.
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