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Element 29 Resources (FRA:2IK) Valuation Rank


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What is Element 29 Resources Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Element 29 Resources Valuation Rank Related Terms

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Element 29 Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Element 29 Resources Inc (FRA:2IK) » Definitions » Valuation Rank
Comparable Companies
TSX:ATCU XCNQ:BFG TSXV:XXIX TSXV:TRBC XCNQ:CCI TSXV:VCU TSXV:TM TSXV:WCU TSXV:HI TSXV:CPER SCCO FCX LSE:ANTO LIM:CVERDEC1 TSX:FM SHSE:600362 TSX:LUN WAR:KGH SZSE:000630 HKSE:01208
Traded in Other Exchanges
EMTRF:USA 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 acquiring, exploring, and evaluating resource properties. Its projects include the Flor de Cobre and Elida copper projects, among others. It has one business segment, the exploration of mineral properties. The company's properties are located in Peru.