How does DM1's PB Ratio compare to its peers?

DM1 is good value based on its Price-To-Book Ratio (1x) compared to the peer average (46.5x).

How does DM1's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

DM1 is good value based on its Price-To-Book Ratio (1x) compared to the Australian Metals and Mining industry average (1x).

What is DM1's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate DM1's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of DM1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate DM1's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

DM1 Stock Overview

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

DM1 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (A$48K)

Does not have a meaningful market cap (A$6M)

Earnings have declined by 63.3% per year over past 5 years

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

Desert Metals Limited Competitors

Mantle Minerals

ASX:MTL

AU$6.2m

Renegade Exploration

ASX:RNX

AU$6.4m

Godolphin Resources

ASX:GRL

AU$5.0m

Marvel Gold

ASX:MVL

AU$7.8m

Price History & Performance

Summary of share price highs, lows and changes for Desert Metals
Historical stock prices
Current Share Price	AU$0.024
52 Week High	AU$0.055
52 Week Low	AU$0.019
Beta	0.024
1 Month Change	-4.00%
3 Month Change	14.29%
1 Year Change	-60.66%
3 Year Change	-88.57%
5 Year Change	n/a
Change since IPO	-95.05%

Recent updates

Shareholder Returns

	DM1	AU Metals and Mining	AU Market
7D	4.3%	-2.1%	-1.0%
1Y	-60.7%	-18.8%	8.5%

Return vs Industry: DM1 underperformed the Australian Metals and Mining industry which returned -18.6% over the past year.

Return vs Market: DM1 underperformed the Australian Market which returned 8.2% over the past year.

Price Volatility

Is DM1's price volatile compared to industry and market?
DM1 volatility
DM1 Average Weekly Movement	18.0%
Metals and Mining Industry Average Movement	10.7%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.7%
10% least volatile stocks in AU Market	3.1%

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

Founded	Employees	CEO	Website
2017	n/a	Stephen Ross	www.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 cap	AU$6.10m
Earnings (TTM)	-AU$9.84m
Revenue (TTM)	AU$47.68k

128.0x

P/S Ratio

-0.6x

P/E Ratio

Is DM1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

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

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.037
Gross Margin	100.00%
Net Profit Margin	-20,644.21%
Debt/Equity Ratio	0%

How did DM1 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 15:33
End of Day Share Price	2024/12/24 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Desert Metals Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution