| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
DM1 Overview
Desert Metals Limited explores for mineral properties in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.32 |
| 52 Week High | AU$0.26 |
| 52 Week Low | AU$0.91 |
| Beta | 0 |
| 1 Month Change | 5.83% |
| 3 Month Change | -36.50% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -38.94% |
Recent News & Updates
We're Hopeful That Desert Metals (ASX:DM1) Will Use Its Cash Wisely
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
We're Not Very Worried About Desert Metals' (ASX:DM1) Cash Burn Rate
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Shareholder Returns
| DM1 | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 9.5% | -0.3% | 0.7% |
| 1Y | n/a | 12.5% | 21.4% |
Return vs Industry: Insufficient data to determine how DM1 performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how DM1 performed against the Australian Market.
Price Volatility
| DM1 volatility | |
|---|---|
| DM1 Beta | 0 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: DM1 is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: DM1's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | Rob Stuart | https://www.desertmetals.com.au |
Desert Metals Limited explores for mineral properties in Australia. The company primarily explores for nickel, copper, gold, lead, zinc, and platinum group elements deposits. It owns interest in the Narryer project that includes nine granted exploration licenses covering an area of approximately 1,700 square kilometers located on the northwest margin of the Yilgarn Craton in Western Australia.
Desert Metals Fundamentals Summary
| DM1 fundamental statistics | |
|---|---|
| Market Cap | AU$17.46m |
| Earnings (TTM) | -AU$1.20m |
| Revenue (TTM) | n/a |
0x
P/S Ratio-14.6x
P/E RatioIs DM1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DM1 income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Expenses | AU$1.20m |
| Earnings | -AU$1.20m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.022 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0.0% |
How did DM1 perform over the long term?
See historical performance and comparisonValuation
Is Desert Metals undervalued compared to its fair value and its price relative to the market?
3.21x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DM1's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DM1's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DM1 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: DM1 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 DM1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DM1 is overvalued based on its PB Ratio (3.2x) compared to the AU Metals and Mining industry average (2.6x).
Future Growth
How is Desert Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.07%
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 Desert Metals 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 Desert Metals performed over the past 5 years?
-2,612.1%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: DM1 is currently unprofitable.
Growing Profit Margin: DM1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if DM1's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare DM1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DM1 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: DM1 has a negative Return on Equity (-22.03%), as it is currently unprofitable.
Financial Health
How is Desert Metals's financial position?
Financial Position Analysis
Short Term Liabilities: DM1's short term assets (A$3.8M) exceed its short term liabilities (A$274.3K).
Long Term Liabilities: DM1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DM1 is debt free.
Reducing Debt: DM1 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: DM1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DM1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 78.7% each year
Dividend
What is Desert Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DM1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DM1'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 DM1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DM1'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 DM1'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?
3.0yrs
Average board tenure
CEO
Rob Stuart
no data
Tenure
Dr. Robert Angus Castle Stuart, also known as Rob, serves as Managing Director of Desert Metals Limited and has been its Director since March 29, 2017. Dr. Stuart is a geoscientist who has worked in minera...
Board Members
Experienced Board: DM1's board of directors are considered experienced (3 years average tenure).
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: DM1 only recently listed within the past 12 months.
Top Shareholders
Company Information
Desert Metals Limited's employee growth, exchange listings and data sources
Key Information
- Name: Desert Metals Limited
- Ticker: DM1
- Exchange: ASX
- Founded: 2017
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$17.463m
- Shares outstanding: 55.00m
- Website: https://www.desertmetals.com.au
Location
- Desert Metals Limited
- 41 - 43 Ord Street
- Level 2
- Perth
- Western Australia
- 6005
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 18:22 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.