DevEx Resources (CHIA:DEV) - Stock Price, News & Analysis

DEV Stock Overview

Engages in the exploration and evaluation of mineral properties in Australia. More details

DEV fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Earnings have declined by 29.4% per year over past 5 years

Makes less than USD$1m in revenue (A$100K)

Has less than 1 year of cash runway

Does not have a meaningful market cap (A$64M)

+ 1 more risk

DevEx Resources Limited Competitors

New World Resources

ASX:NWC

AU$56.8m

Stellar Resources

ASX:SRZ

AU$38.5m

Sunstone Metals

ASX:STM

AU$35.9m

Argent Minerals

ASX:ARD

AU$36.1m

Price History & Performance

Summary of all time highs, changes and price drops for DevEx Resources
Historical stock prices
Current Share Price	AU$0.14
52 Week High	AU$0.45
52 Week Low	AU$0.097
Beta	1.12
11 Month Change	0%
3 Month Change	-23.68%
1 Year Change	-43.14%
33 Year Change	-77.69%
5 Year Change	79.01%
Change since IPO	34.26%

Recent updates

Shareholder Returns

	DEV	AU Metals and Mining	AU Market
7D	31.8%	0.9%	0.9%
1Y	-43.1%	-11.3%	17.7%

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

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

Price Volatility

Is DEV's price volatile compared to industry and market?
DEV volatility
DEV Average Weekly Movement	16.2%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.3%

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

Volatility Over Time: DEV's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
1969	n/a	Todd Ross	www.devexresources.com.au

DevEx Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Australia. It explores for uranium, copper, nickel, gold, rare earth element, and platinum group element. The company was formerly known as Uranium Equities Limited and changed its name to DevEx Resources Limited in November 2017.

DevEx Resources Limited Fundamentals Summary

How do DevEx Resources's earnings and revenue compare to its market cap?
DEV fundamental statistics
Market cap	AU$64.05m
Earnings (TTM)	-AU$10.79m
Revenue (TTM)	AU$100.00k

640.5x

P/S Ratio

-5.9x

P/E Ratio

Is DEV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DEV income statement (TTM)
Revenue	AU$100.00k
Cost of Revenue	AU$0
Gross Profit	AU$100.00k
Other Expenses	AU$10.89m
Earnings	-AU$10.79m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.024
Gross Margin	100.00%
Net Profit Margin	-10,785.71%
Debt/Equity Ratio	0%

How did DEV perform over the long term?

See historical performance and comparison

DEV Stock Overview

Risk Analysis

DevEx Resources Limited Competitors

ASX:NWC

AU$56.8m

ASX:SRZ

AU$38.5m

ASX:STM

AU$35.9m

ASX:ARD

AU$36.1m

Price History & Performance

Recent News & Updates

New major risk - Financial position

New minor risk - Financial data availability

Independent Non-Executive Director recently bought AU$54k worth of stock

DevEx Resources Limited, Annual General Meeting, Nov 22, 2024

Non-Executive Chairman recently bought AU$149k worth of stock

New minor risk - Market cap size

Recent updates

New major risk - Financial position

New minor risk - Financial data availability

Independent Non-Executive Director recently bought AU$54k worth of stock

DevEx Resources Limited, Annual General Meeting, Nov 22, 2024

Non-Executive Chairman recently bought AU$149k worth of stock

New minor risk - Market cap size

Non-Executive Chairman recently bought AU$283k worth of stock

DevEx Resources Limited, Annual General Meeting, Nov 24, 2023

New minor risk - Financial data availability

Non-Executive Chairman recently bought AU$648k worth of stock

Lachlan Star Limited (ASX:LSA) entered into share sale agreement to acquire TRK Resources Pty Ltd. from DevEx Resources Limited (ASX:DEV) for AUD 7.5 million.

DevEx Resources Limited Reports Further Significant High-Grade Assay Results from Its 2022 Drilling Campaign At the 100%-Owned Nabarlek Uranium Project

DevEx Resources Limited Announces High-Grade Uranium Confirmed At Nabarlek

No independent directors

DevEx Resources Limited Advises More Significant Uranium Intersected At Nabarlek

DevEx Resources Limited, Annual General Meeting, Nov 22, 2022

DevEx Resources Limited Reports Further Encouraging Assay Results Received from its Air-Core (AC) Drilling Campaign at the Nangus Road Prospect, Within its 100%-Owned Junee Copper-Gold Project in NSW

DevEx Resources Limited Announces Drilling Commences on High-Grade Uranium Targets at Nabarlek

DevEx Resources Limited Reports Shallow High-Grade Gold Hits Defines Extensive Gold Zone At Junee Project, NSW

DevEx Resources Limited Announces the Appointment of Stacey Apostolou to its Board as an Executive Director

No independent directors

Devex Resources Limited Announces Initial Assay Results Indicate Potential for Porphyry Copper-Gold System at Junee

Non-Executive Chairman recently bought AU$472k worth of stock

DevEx Resources Limited Announces Strong Start to Drilling at Junee Gold-Copper Project, with Broad Alteration Zones in First Diamond Hole

Devex Resources Limited Provides Further Update on the Exploration Programs at the Sovereign Project in the Highly Prospective Julimar Region

Non-Executive Chairman recently bought AU$164k worth of stock

Non-Executive Chairman recently bought AU$171k worth of stock

DevEx Resources Limited Announces Diamond Drilling Underway At Sovereign Ni-Cu-PGE Project in the Highly Prospective Julimar Region, WA

DevEx Resources Limited Announce Details of a New Multi-Pronged Exploration Program Which Has Commenced Across Its Highly Prospective Nabarlek Uranium Project

DevEx Resources Limited Provides Exploration Update

DevEx Resources Limited announced that it expects to receive AUD 7.972307 million in funding

Devex Resources Limited Reports Encouraging Soil Geochemistry Results from Its 100%-Owned Junee Copper-Gold Project

DevEx Resources Limited Announces Commencement of Aircore Drilling of the Sovereign Projec

DevEx Resources Limited Receives Encouraging Initial Drill Results At Wilga Downs Project

DevEx Resources Limited Announces Exploration Update

DevEx Resources Limited announced that it expects to receive AUD 8.418 million in funding

DevEx Resources Limited Provides Update on Drilling Programs in Julimar Region, WA and Lachlan Fold Belt, NSW

DevEx Resources Updates on Its NSW Regional Exploration on Basin Creek and Junee Projects

DevEx Resources Announces Preliminary Data of Airborne Electromagnetic Survey at Its Sovereign Project in Western Australia

DevEx Resources Limited Provides Update on Basin Creek and Junee Projects

New 90-day high: AU$0.34

DevEx Resources Limited announced that it has received AUD 5.569077 million in funding

Non-Executive Chairman recently bought AU$101k worth of stock

New 90-day high - AU$0.22

New 90-day high - AU$0.21

DevEx Resources Limited announced that it expects to receive AUD 5.569077 million in funding

Shareholder Returns

Price Volatility

About the Company

DevEx Resources Limited Fundamentals Summary

640.5x

-5.9x

Earnings & Revenue