EMTRF (Element 29 Resources) Total Equity : $7.36 Mil (As of Jun. 2024)

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What is Element 29 Resources Total Equity?

Element 29 Resources's total equity for the quarter that ended in Jun. 2024 was $7.36 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Element 29 Resources Total Equity Historical Data

The historical data trend for Element 29 Resources's Total Equity 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.

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Element 29 Resources Total Equity Chart

Element 29 Resources Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Equity

3.65

9.57

13.29

10.37

11.74

Element 29 Resources Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Equity	Get a 7-Day Free Trial															-	11.97	11.74	11.42	7.36

Element 29 Resources Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Element 29 Resources's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	11.872	-	0.132
	=	11.74

Element 29 Resources's Total Equity for the quarter that ended in Jun. 2024 is calculated as

Total Equity	=	Total Assets(Q: Jun. 2024 )	-	Total Liabilities(Q: Jun. 2024 )
	=	7.448	-	0.093
	=	7.36

Element 29 Resources Total Equity Related Terms

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Element 29 Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Element 29 Resources Inc (OTCPK:EMTRF) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

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.

Element 29 Resources Headlines

From GuruFocus

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By GuruFocus Research • 02-13-2024