Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Group Eleven Resources Corp. is an exploration company primarily focused on discovering and evaluating mineral properties across Ireland. Its core objective is to identify significant deposits of base and precious metals, specifically zinc, lead, and silver. The company holds full ownership (100% interest) in the Silvermines project, which encompasses five prospecting licenses (PLs) covering 133 square kilometers in northern County Tipperary. Additionally, it entirely controls the PG West project, consisting of 25 PLs situated in the Limerick region. Beyond these wholly-owned assets, Group Eleven maintains a 60% stake in the Ballinalack project, spanning six PLs in northeast Ireland. Furthermore, it possesses a 76.56% interest in the Stonepark project, also located in County Limerick, Ireland. Established in 2015, Group Eleven Resources Corp. is headquartered in Vancouver, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.