Discovery Africa Limited operates as a mineral exploration company in Western Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.04|
|52 Week High||AU$0.026|
|52 Week Low||AU$0.06|
|1 Month Change||8.11%|
|3 Month Change||-23.08%|
|1 Year Change||-4.76%|
|3 Year Change||185.71%|
|5 Year Change||233.33%|
|Change since IPO||-78.38%|
Recent News & Updates
Is Discovery Africa Limited's(ASX:DAF) Recent Stock Performance Tethered To Its Strong Fundamentals?
Most readers would already be aware that Discovery Africa's (ASX:DAF) stock increased significantly by 19% over the...
|DAF||AU Metals and Mining||AU Market|
Return vs Industry: DAF underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: DAF underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: DAF is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: DAF's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Discovery Africa Limited operates as a mineral exploration company in Western Australia. The company holds interest in Chulitna project covering 199.4 square kilometers located in the state of Alaska public lands; and a 100% interest in the Warriedar gold project that consists of 4 blocks and is located in Yalgoo mineral field. The company was formerly known as Baru Resources Limited and changed its name to Discovery Africa Limited in November 2013.
Discovery Africa Fundamentals Summary
|DAF fundamental statistics|
Is DAF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DAF income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0013|
|Net Profit Margin||-3,043.21%|
How did DAF perform over the long term?See historical performance and comparison
Is Discovery Africa undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DAF's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DAF's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DAF is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: DAF is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DAF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DAF is overvalued based on its PB Ratio (4.2x) compared to the AU Metals and Mining industry average (2.6x).
How is Discovery Africa forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Discovery Africa has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Discovery Africa performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DAF is currently unprofitable.
Growing Profit Margin: DAF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DAF is unprofitable, but has reduced losses over the past 5 years at a rate of 9% per year.
Accelerating Growth: Unable to compare DAF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DAF is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: DAF has a negative Return on Equity (-13.72%), as it is currently unprofitable.
How is Discovery Africa's financial position?
Financial Position Analysis
Short Term Liabilities: DAF's short term assets (A$1.6M) exceed its short term liabilities (A$53.9K).
Long Term Liabilities: DAF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DAF is debt free.
Reducing Debt: DAF has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if DAF has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DAF has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Discovery Africa current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DAF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DAF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DAF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DAF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DAF's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Discovery Africa has no CEO, or we have no data on them.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Discovery Africa Limited's employee growth, exchange listings and data sources
- Name: Discovery Africa Limited
- Ticker: DAF
- Exchange: ASX
- Founded: 2010
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$8.129m
- Shares outstanding: 203.23m
- Website: https://www.discoveryafrica.com.au
- Discovery Africa Limited
- 18 Sangiorgio Court
- Osborne Park
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:03|
|End of Day Share Price||2021/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.