Element 29 ResourcesFRA:2IK +2.59%34 Market Cap is €187.91 Mil as of Jun. 30, 2026. GuruFocus rates FRA:2IK with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 2,685 Metals & Mining companies, Element 29 Resources ranks better than 77.77% on this metric.
Element 29 Resources's quarterly market cap
increased
from Sep. 2025 (€56.91 Mil) to Dec. 2025 (€103.41 Mil) but then
declined
from Dec. 2025 (€103.41 Mil) to Mar. 2026 (€99.66 Mil).
Element 29 Resources's annual market cap
increased
from Dec. 2023 (€12.11 Mil) to Dec. 2024 (€50.26 Mil) and
increased
from Dec. 2024 (€50.26 Mil) to Dec. 2025 (€103.41 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Element 29 Resources's Enterprise Value for Today is €184.90 Mil.
Element 29 Resources (FRA:2IK) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Element 29 Resources Market Cap Related Terms
Element 29 Resources Market Cap Historical Data
* Premium members only.
The historical data trend for Element 29 Resources's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Copper subindustry, Element 29 Resources's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Element 29 Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Element 29 Resources's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Element 29 Resources's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Element 29 Resources (FRA:2IK) has a Market Cap of €187.91 Mil as of Jun. 30, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Element 29 Resources and its competitors. According to the industry distribution chart, Element 29 Resources ranks #597 out of 2685 companies in the Metals & Mining industry, placing it in the top 22.2%.
Is Element 29 Resources' Market Cap too high?
Element 29 Resources' current Market Cap is €187.91 Mil. Based on the distribution chart, Element 29 Resources ranks #597 out of 2685 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Element 29 Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Element 29 Resources' Market Cap compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Element 29 Resources ranks #597 out of 2685 companies for Market Cap. This places Element 29 Resources in the top 22% of its industry — outperforming the majority of peers. The industry median Market Cap is 21.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Metals & Mining company?
The median Market Cap among Metals & Mining companies is 21.72, based on 2,685 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Element 29 Resources and its competitors. For the Metals & Mining industry, the median Market Cap is 21.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Element 29 Resources's current Market Cap is €187.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Element 29 Resources stock overvalued right now?
Element 29 Resources (FRA:2IK) has a current Market Cap of €187.91 Mil. The current Market Cap is €187.91 Mil. Element 29 Resources' overall GF Score™ is 34/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Element 29 Resources (FRA:2IK), the current Market Cap is €187.91 Mil as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Element 29 Resources Inc is focused on the exploration of mineral property interests in Peru. The Company has one business segment, the exploration of mineral properties. The Company is focused on growing its porphyry copper-molybdenum-silver resource inventory at Elida while continuing to explore for new porphyry copper deposits on its titled concessions in Peru. Its projects include the Flor de Cobre copper project, Elida copper project, Pahuay copper skarn project, and Paka copper skarn project.
34GF Score
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