This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Dacian Gold (DCN) Stock Overview

Dacian Gold Limited engages in the exploration, mining, and processing of gold properties in Australia. More details

DCN fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings have declined by 44% per year over past 5 years

Highly volatile share price over the past 3 months

Has less than 1 year of cash runway

DCN Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

NEW436,653 members

Join community and earn perks

Gain real feedbackFrom our editorial team, personally. Not silence.

Grow your followingReal investors. The kind who actually invest, not scroll past.

Unlock free accessFree premium subscription for consistent and quality authors.

Learn more Create Narrative

436,653 investors already sharing narratives

View all narratives

Dacian Gold Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Dacian Gold
Historical stock prices
Current Share Price	AU$0.28
52 Week High	AU$0.29
52 Week Low	AU$0.072
Beta	-0.30
1 Month Change	-3.39%
3 Month Change	147.83%
1 Year Change	137.50%
3 Year Change	-17.39%
5 Year Change	-86.49%
Change since IPO	-48.18%

Recent updates

Analysis Article • Apr 09

Is Dacian Gold (ASX:DCN) Weighed On By Its Debt Load?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Analysis Article • Jun 11

Health Check: How Prudently Does Dacian Gold (ASX:DCN) Use Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Analysis Article • Feb 26

Is Dacian Gold (ASX:DCN) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Analysis Article • Jan 12

What Type Of Returns Would Dacian Gold's(ASX:DCN) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

This month, we saw the Dacian Gold Limited ( ASX:DCN ) up an impressive 41%. But the last three years have seen a...

Analysis Article • Dec 08

Leigh Junk Is The MD, CEO & Director of Dacian Gold Limited (ASX:DCN) And They Just Picked Up 104% More Shares

Potential Dacian Gold Limited ( ASX:DCN ) shareholders may wish to note that the MD, CEO & Director, Leigh Junk...

Shareholder Returns

	DCN	AU Metals and Mining	AU Market
7D	0%	1.2%	-0.6%
1Y	137.5%	44.8%	-0.3%

Return vs Industry: DCN exceeded the Australian Metals and Mining industry which returned -4.5% over the past year.

Return vs Market: DCN exceeded the Australian Market which returned 9.6% over the past year.

Price Volatility

Is DCN's price volatile compared to industry and market?
DCN volatility
DCN Average Weekly Movement	27.0%
Metals and Mining Industry Average Movement	11.2%
Market Average Movement	9.7%
10% most volatile stocks in AU Market	16.9%
10% least volatile stocks in AU Market	4.0%

Stable Share Price: DCN's share price has been volatile over the past 3 months.

Volatility Over Time: DCN's weekly volatility has increased from 16% to 27% over the past year.

About the Company

Founded	Employees	CEO	Website
2011	n/a	n/a	www.daciangold.com.au

Dacian Gold Limited engages in the exploration, mining, and processing of gold properties in Australia. The company holds interest in Mt Morgans and the Redcliffe gold project located in Leonora-Laverton, Western Australia. Dacian Gold Limited was incorporated in 2011 and is based in Perth, Australia.

Dacian Gold Limited Fundamentals Summary

How do Dacian Gold's earnings and revenue compare to its market cap?
DCN fundamental statistics
Market cap	AU$346.79m
Earnings (TTM)	-AU$62.66m
Revenue (TTM)	AU$124.63m

2.8x

P/S Ratio

-5.5x

P/E Ratio

Is DCN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DCN income statement (TTM)
Revenue	AU$124.63m
Cost of Revenue	AU$124.87m
Gross Profit	-AU$248.00k
Other Expenses	AU$62.41m
Earnings	-AU$62.66m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.051
Gross Margin	-0.20%
Net Profit Margin	-50.28%
Debt/Equity Ratio	0%

How did DCN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/11/21 19:07
End of Day Share Price	2023/11/09 00:00
Earnings	2023/06/30
Annual Earnings	2023/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Dacian Gold Limited is covered by 8 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David Coates	Bell Potter
Reg Spencer	Canaccord Genuity
James Wilson	CGS International

This company listing is no longer active

Dacian Gold (DCN) Stock Overview

Risk Analysis

Join community and earn perks

Dacian Gold Limited Competitors

Tribune Resources

Alkane Resources

St Barbara

Resolute Mining

Price History & Performance

Recent News & Updates

Dacian Gold Limited Ordinary Shares to Be Deleted from OTC Equity

Genesis Minerals Limited (ASX:GMD) made an offer to acquire remaining 19.921697% stake in Dacian Gold Limited (ASX:DCN) for AUD60 million.

Dacian Gold Limited, Annual General Meeting, Nov 27, 2023

New major risk - Financial position

Full year 2023 earnings released: AU$0.052 loss per share (vs AU$0.19 loss in FY 2022)

New minor risk - Financial data availability

Recent updates

Dacian Gold Limited Ordinary Shares to Be Deleted from OTC Equity

Genesis Minerals Limited (ASX:GMD) made an offer to acquire remaining 19.921697% stake in Dacian Gold Limited (ASX:DCN) for AUD60 million.

Dacian Gold Limited, Annual General Meeting, Nov 27, 2023

New major risk - Financial position

Full year 2023 earnings released: AU$0.052 loss per share (vs AU$0.19 loss in FY 2022)

New minor risk - Financial data availability

Dacian Gold Limited Announces Promotion of Sonia Hamilton-Browne as Chief Financial Officer

First half 2023 earnings released: AU$0.037 loss per share (vs AU$0.044 loss in 1H 2022)

Dacian Gold Limited Provides Following Update on Mt Morgans Gold Operation

Price target increased to AU$0.14

Less than half of directors are independent

Price target increased to AU$0.14

Dacian Gold Limited, Annual General Meeting, Nov 29, 2022

Dacian Gold Limited Reports Intersections Below Jupiter Mining Complex in its Phase 2 Drilling Activities at Jupiter Extension Program

Dacian Gold Limited Announces Board Changes

No longer forecast to breakeven

No longer forecast to breakeven

Dacian Gold Limited Reports Latest Intersections Below the Jupiter Mining Complex in Its Phase 2 Drilling Activities At the Jupiter Extension Program

Dacian Gold Limited Provides Its 2022 Mineral Resources and Ore Reserves Estimate as of 30 June 2022

Dacian Gold Limited Announces Jupiter Underground Resource Reclassification

Dacian Gold Limited Provides Jupiter Extension Drilling Results

Price target increased to AU$0.10

Dacian Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 12.589301 million.

Genesis Minerals Limited (ASX:GMD) made a tender offer to acquire Dacian Gold Limited (ASX : DCN) from Perennial Value Management Limited and others for approximately AUD 110 million.

Dacian Gold, Genesis in Merger Talks

Dacian Gold Limited Provides Jupiter Extension Drilling Results

Price target decreased to AU$0.19

Dacian Gold Limited Announces Jupiter Extension Drilling Results

Dacian Gold Limited Provides Update on Mt Morgans Operation, Located in Laverton, Western Australia

Dacian Gold Limited Announces Appointment of Sue-Ann Higgins to Its Board of Directors as Non-Executive Director

Price target decreased to AU$0.33

Less than half of directors are independent

Dacian Gold Limited Provide an Update for its Mt Morgans Operations, Located in Laverton, Western Australia

Price target increased to AU$0.35

Is Dacian Gold (ASX:DCN) Weighed On By Its Debt Load?

Dacian Gold Limited Announces Another Significant Intersection At Doublejay and Launches Phase 2 of Jupiter Expansion Program

Dacian Gold Limited Provides Jupiter Extension Drilling Update

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Dacian Gold Limited announces maiden Ore Reserve estimate for the Hub and GTS deposits

Dacian Gold Limited Announces Outstanding Intersection At Doublejay

Dacian Gold Limited Announces an Update of Its Jupiter Mining Complex Extension Program

Dacian Gold Limited announced that it has received AUD 20 million in funding

Price target decreased to AU$0.33

Price target increased to AU$0.35

Price target decreased to AU$0.32

Full year 2021 earnings released: AU$0.012 loss per share (vs AU$0.41 loss in FY 2020)

Dacian Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 40 million.

Health Check: How Prudently Does Dacian Gold (ASX:DCN) Use Debt?

Price target decreased to AU$0.32

Dacian Gold Limited Announces Drilling Results Confirm High Grade Continuity At Mt Marven South

Independent Non-Executive Chairman Ian Cochrane has left the company

Dacian Gold Limited Provides Drilling Update at Ganymede

Dacian Gold Limited Announces Greater Westralia Mining Area - Mineral Resource Update

Dacian Gold Limited Appoints Eduard Eshuys as Director

Dacian Gold Limited (ASX:DCN) completed the acquisition of NTM Gold Limited (ASX:NTM).

First half 2021 earnings released: EPS AU$0.024 (vs AU$0.35 loss in 1H 2020)

Is Dacian Gold (ASX:DCN) Using Too Much Debt?

Dacian Gold Limited to Announce Maiden Mineral Resource Estimate for the Mckenzie Well Project at its 100%-Owned Mt Morgans Gold Operation

Price target raised to AU$0.46

What Type Of Returns Would Dacian Gold's(ASX:DCN) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

New 90-day high: AU$0.46

Dacian Gold Limited Announces RC Drilling Results from McKenzie Well Project At Mt Morgans Gold Operation in Western Australia