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DEX

Duke ExplorationASX:DEX Stock Report

Market Cap

AU$23.2m

7D

0%

1Y

n/a

Updated

18 Oct, 2021

Data

Company Financials
DEX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

DEX Overview

Duke Exploration Limited engages in the exploration, evaluation, and development of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Duke Exploration
Historical stock prices
Current Share PriceAU$0.21
52 Week HighAU$0.20
52 Week LowAU$0.51
Beta0
1 Month Change-10.64%
3 Month Change-36.36%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-20.76%

Recent News & Updates

Jul 28
We're Not Very Worried About Duke Exploration's (ASX:DEX) Cash Burn Rate

We're Not Very Worried About Duke Exploration's (ASX:DEX) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

DEXAU Metals and MiningAU Market
7D0%4.3%0.9%
1Yn/a12.2%20.2%

Return vs Industry: Insufficient data to determine how DEX performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how DEX performed against the Australian Market.

Price Volatility

Is DEX's price volatile compared to industry and market?
DEX volatility
DEX Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: DEX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: DEX's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20062Philip Condonhttps://www.duke-exploration.com.au

Duke Exploration Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It explores for copper, silver, gold, lead, and molybdenum deposits. The company’s flagship property is the Bundarra project located in Mackay, Queensland.

Duke Exploration Fundamentals Summary

How do Duke Exploration's earnings and revenue compare to its market cap?
DEX fundamental statistics
Market CapAU$23.19m
Earnings (TTM)-AU$1.37m
Revenue (TTM)n/a

0x

P/S Ratio

-16.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DEX income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.37m
Earnings-AU$1.37m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.013
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did DEX perform over the long term?

See historical performance and comparison

Valuation

Is Duke Exploration undervalued compared to its fair value and its price relative to the market?

1.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DEX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DEX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DEX is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: DEX 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 DEX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DEX is good value based on its PB Ratio (1.4x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Duke Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.3%

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 Duke Exploration 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.


Past Performance

How has Duke Exploration performed over the past 5 years?

-219.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: DEX is currently unprofitable.

Growing Profit Margin: DEX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if DEX's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare DEX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DEX 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: DEX has a negative Return on Equity (-8.7%), as it is currently unprofitable.


Financial Health

How is Duke Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: DEX's short term assets (A$9.6M) exceed its short term liabilities (A$1.2M).

Long Term Liabilities: DEX has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: DEX is debt free.

Reducing Debt: DEX has not had any debt for past 5 years.


Balance Sheet


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: DEX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DEX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 101.8% each year


Dividend

What is Duke Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DEX'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 DEX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DEX'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 DEX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Philip Condon (56 yo)

0.50

Tenure

Mr. Philip Condon serves as the Managing Director and Director of Duke Exploration Limited since April 26, 2021. His career spans across primary, secondary, and tertiary industry, from hands on site-based...


Leadership Team

Experienced Management: DEX's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: DEX's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: DEX only recently listed within the past 12 months.


Top Shareholders

Company Information

Duke Exploration Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Duke Exploration Limited
  • Ticker: DEX
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$23.192m
  • Shares outstanding: 105.42m
  • Website: https://www.duke-exploration.com.au

Number of Employees


Location

  • Duke Exploration Limited
  • 11 Eagle Street
  • Level 27
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:03
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.