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DeSoto Resources ASX:DES Stock Report

Last Price

AU$0.076

Market Cap

AU$6.8m

7D

0%

1Y

-33.9%

Updated

02 May, 2024

Data

Company Financials

DES Stock Overview

Desoto Resources Limited, a mineral exploration company, focuses on the acquisition and exploration of gold and lithium deposits in the Northern Territory.

DES fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

DeSoto Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for DeSoto Resources
Historical stock prices
Current Share PriceAU$0.076
52 Week HighAU$0.17
52 Week LowAU$0.074
Beta0
1 Month Change-6.17%
3 Month Change-16.48%
1 Year Change-33.91%
3 Year Changen/a
5 Year Changen/a
Change since IPO-56.57%

Recent News & Updates

Recent updates

Shareholder Returns

DESAU Metals and MiningAU Market
7D0%-2.3%-1.5%
1Y-33.9%-2.0%5.7%

Return vs Industry: DES underperformed the Australian Metals and Mining industry which returned -2% over the past year.

Return vs Market: DES underperformed the Australian Market which returned 5.7% over the past year.

Price Volatility

Is DES's price volatile compared to industry and market?
DES volatility
DES Average Weekly Movementn/a
Metals and Mining Industry Average Movement12.5%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.5%

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

Volatility Over Time: Insufficient data to determine DES's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2022n/aChris Swallowwww.desotoresources.com

Desoto Resources Limited, a mineral exploration company, focuses on the acquisition and exploration of gold and lithium deposits in the Northern Territory. It holds 100% interest in the Pine Creek project that consists of three granted licenses located in the Northern Territory; and the Fenton project that consists of three granted licenses located in the Northern Territory. The company was incorporated in 2022 and is based in West Perth, Australia.

DeSoto Resources Limited Fundamentals Summary

How do DeSoto Resources's earnings and revenue compare to its market cap?
DES fundamental statistics
Market capAU$6.76m
Earnings (TTM)-AU$1.77m
Revenue (TTM)n/a

0.0x

P/S Ratio

-3.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DES income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Other ExpensesAU$1.77m
Earnings-AU$1.77m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.02
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did DES perform over the long term?

See historical performance and comparison
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