Element 29 Resources (Element 29 Resources) 3-Year Book Growth Rate : -7.00% (As of Mar. 2024)

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What is Element 29 Resources 3-Year Book Growth Rate?

Element 29 Resources's Book Value per Share for the quarter that ended in Mar. 2024 was $0.11.

During the past 12 months, Element 29 Resources's average Book Value per Share Growth Rate was -18.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was -7.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 5 years, the highest 3-Year average Book Value per Share Growth Rate of Element 29 Resources was 35.20% per year. The lowest was -7.00% per year. And the median was 14.10% per year.

Competitive Comparison of Element 29 Resources's 3-Year Book Growth Rate

For the Copper subindustry, Element 29 Resources's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Element 29 Resources's 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Element 29 Resources's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Element 29 Resources's 3-Year Book Growth Rate falls into.

Element 29 Resources 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Element 29 Resources (OTCPK:EMTRF) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Element 29 Resources 3-Year Book Growth Rate Related Terms

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Element 29 Resources (Element 29 Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Element 29 Resources Inc (OTCPK:EMTRF) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

2IK:Germany ECU:Canada

Address

1650 - 1066 West Hastings Street, Vancouver, BC, CAN, V6C3X1

Website

https://www.e29copper.com

Element 29 Resources Inc is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties. Its projects include the Flor de Cobre copper project and the Elida copper Project, among others. It has one business segment, the exploration of mineral properties. The company's properties are located in Peru.

Element 29 Resources (Element 29 Resources) Headlines

From GuruFocus

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