ASX:DRRMetals and Mining
Deterra Royalties (ASX:DRR) Shares Stall As Profit Strength Meets Softer Outlook
The market barely flinched at Deterra Royalties today. The stock closed at A$4.35, roughly flat against its own discounted cash flow estimate, even as the company reported A$164m in net profit after tax and a trailing net profit margin of 67.7%. That is a rich royalty cash engine being priced as if nothing changed.
The real tension for investors sits in the gap between that high margin reality and forecasts that point to declining revenue and earnings over the next few years. Today’s muted...