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Desert Metals ASX:DM1 Stock Report

Last Price

AU$0.024

Market Cap

AU$6.4m

7D

4.3%

1Y

-74.7%

Updated

26 Apr, 2024

Data

Company Financials

DM1 Stock Overview

Desert Metals Limited explores for mineral properties in Australia.

DM1 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

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$0.024
52 Week HighAU$0.14
52 Week LowAU$0.021
Beta0.098
1 Month Change-22.58%
3 Month Change-25.00%
1 Year Change-74.74%
3 Year Change-95.25%
5 Year Changen/a
Change since IPO-95.38%

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
7D4.3%-0.7%0.4%
1Y-74.7%-1.7%6.0%

Return vs Industry: DM1 underperformed the Australian Metals and Mining industry which returned -1.7% over the past year.

Return vs Market: DM1 underperformed the Australian Market which returned 6% over the past year.

Price Volatility

Is DM1's price volatile compared to industry and market?
DM1 volatility
DM1 Average Weekly Movement13.2%
Metals and Mining Industry Average Movement12.4%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.5%

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

Volatility Over Time: DM1's weekly volatility has decreased from 24% to 13% 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 explores for mineral properties in Australia. The company primarily explores for nickel, copper, gold, lead, zinc, base metals, rare earth elements, and platinum group elements. It holds interest in the Narryer project that includes 9 granted exploration licenses covering an area of approximately 1,600 square kilometers located on the northwest margin of the Yilgarn Craton in Western Australia; and 60% interests in the Little Gap Well project that comprises 14,500 hectares, as well as the Mount Opal project located in the Meekatharra gold district.

Desert Metals Limited Fundamentals Summary

How do Desert Metals's earnings and revenue compare to its market cap?
DM1 fundamental statistics
Market capAU$6.37m
Earnings (TTM)-AU$837.46k
Revenue (TTM)AU$13.34k

477.6x

P/S Ratio

-7.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DM1 income statement (TTM)
RevenueAU$13.34k
Cost of RevenueAU$0
Gross ProfitAU$13.34k
Other ExpensesAU$850.80k
Earnings-AU$837.46k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0032
Gross Margin100.00%
Net Profit Margin-6,278.74%
Debt/Equity Ratio0%

How did DM1 perform over the long term?

See historical performance and comparison
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