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Desert Metals ASX:DM1 Stock Report

Last Price

AU$0.026

Market Cap

AU$7.2m

7D

4.0%

1Y

-35.0%

Updated

22 Nov, 2024

Data

Company Financials

Desert Metals Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Desert Metals
Historical stock prices
Current Share PriceAU$0.026
52 Week HighAU$0.068
52 Week LowAU$0.019
Beta0.017
11 Month Change-13.33%
3 Month Change23.81%
1 Year Change-35.00%
33 Year Change-88.70%
5 Year Changen/a
Change since IPO-95.00%

Recent News & Updates

Recent updates

Here's Why We're Watching Desert Metals' (ASX:DM1) Cash Burn Situation

Sep 17
Here's Why We're Watching Desert Metals' (ASX:DM1) Cash Burn Situation

Is Desert Metals (ASX:DM1) In A Good Position To Invest In Growth?

Feb 23
Is Desert Metals (ASX:DM1) In A Good Position To Invest In Growth?

We're Hopeful That Desert Metals (ASX:DM1) Will Use Its Cash Wisely

Jul 08
We're Hopeful That Desert Metals (ASX:DM1) Will Use Its Cash Wisely

We're Not Very Worried About Desert Metals' (ASX:DM1) Cash Burn Rate

Mar 18
We're Not Very Worried About Desert Metals' (ASX:DM1) Cash Burn Rate

Shareholder Returns

DM1AU Metals and MiningAU Market
7D4.0%0.9%0.9%
1Y-35.0%-11.3%17.7%

Return vs Industry: DM1 underperformed the Australian Metals and Mining industry which returned -11.3% over the past year.

Return vs Market: DM1 underperformed the Australian Market which returned 17.7% over the past year.

Price Volatility

Is DM1's price volatile compared to industry and market?
DM1 volatility
DM1 Average Weekly Movement18.1%
Metals and Mining Industry Average Movement11.0%
Market Average Movement8.5%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market3.3%

Stable Share Price: DM1's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: DM1's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2017n/aStephen Rosswww.desertmetals.com.au

Desert Metals Limited engages in the exploration of mineral properties in Australia. The company primarily explores for gold, lithium, copper, nickel, zinc, lead, and rare earth and platinum group elements. Its flagship project is the Tengrela South Gold project comprising one granted permit covering an area of 285 square kilometers located near north Côte d’Ivoire.

Desert Metals Limited Fundamentals Summary

How do Desert Metals's earnings and revenue compare to its market cap?
DM1 fundamental statistics
Market capAU$7.17m
Earnings (TTM)-AU$9.84m
Revenue (TTM)AU$47.68k

144.7x

P/S Ratio

-0.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DM1 income statement (TTM)
RevenueAU$47.68k
Cost of RevenueAU$0
Gross ProfitAU$47.68k
Other ExpensesAU$9.89m
Earnings-AU$9.84m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.037
Gross Margin100.00%
Net Profit Margin-20,644.21%
Debt/Equity Ratio0%

How did DM1 perform over the long term?

See historical performance and comparison