District Metals (TSXV:DMX) - Stock Price, News & Analysis

DMX Stock Overview

District Metals Corp., a junior mineral exploration stage company, acquires, explores, and evaluates natural resource properties.

About the company

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

Rewards

Trading at 53.4% below our estimate of its fair value

Risk Analysis

Earnings have declined by 9% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$50M)

Shareholders have been diluted in the past year

District Metals Corp. Competitors

Strategic Resources

TSXV:SR

CA$48.4m

Lithium South Development

TSXV:LIS

CA$43.6m

Power Metals

TSXV:PWM

CA$47.9m

Ucore Rare Metals

TSXV:UCU

CA$42.0m

Price History & Performance

Summary of all time highs, changes and price drops for District Metals
Historical stock prices
Current Share Price	CA$0.39
52 Week High	CA$0.40
52 Week Low	CA$0.085
Beta	1.14
1 Month Change	14.93%
3 Month Change	28.33%
1 Year Change	305.26%
3 Year Change	-8.33%
5 Year Change	140.63%
Change since IPO	-99.98%

Recent updates

Shareholder Returns

	DMX	CA Metals and Mining	CA Market
7D	-1.3%	-1.0%	-1.9%
1Y	305.3%	-4.9%	3.7%

Return vs Industry: DMX exceeded the Canadian Metals and Mining industry which returned -5.9% over the past year.

Return vs Market: DMX exceeded the Canadian Market which returned 3.6% over the past year.

Price Volatility

Is DMX's price volatile compared to industry and market?
DMX volatility
DMX Average Weekly Movement	10.7%
Metals and Mining Industry Average Movement	11.5%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.3%
10% least volatile stocks in CA Market	3.1%

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

Volatility Over Time: DMX's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1989	n/a	Garrett Ainsworth	www.districtmetals.com

District Metals Corp., a junior mineral exploration stage company, acquires, explores, and evaluates natural resource properties. The company holds a 100% interest in the Tomtebo property covering an area of 5,144 hectares located in Bergslagen Mining District of south-central Sweden; and Svärdsjö property covering an area of 1,037 hectares located in the Bergslagen mining district of south-central Sweden. It also owns a 100% interest in the Gruvberget property covering an area of 5,286 hectares located in Bergslagen Mining District of south-central Sweden; and 20% interest in the Bakar property covering an area of 9,318 hectares located in North Vancouver Island in British Columbia, Canada.

District Metals Corp. Fundamentals Summary

How do District Metals's earnings and revenue compare to its market cap?
DMX fundamental statistics
Market cap	CA$49.55m
Earnings (TTM)	-CA$1.34m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-37.0x

P/E Ratio

Is DMX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DMX income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$52.90k
Gross Profit	-CA$52.90k
Other Expenses	CA$1.29m
Earnings	-CA$1.34m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.01
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did DMX perform over the long term?

See historical performance and comparison

DMX Stock Overview

Rewards

Risk Analysis

District Metals Corp. Competitors

TSXV:SR

CA$48.4m

TSXV:LIS

CA$43.6m

TSXV:PWM

CA$47.9m

TSXV:UCU

CA$42.0m

Price History & Performance

Recent News & Updates

New minor risk - Shareholder dilution

New minor risk - Shareholder dilution

New minor risk - Share price stability

District Metals Corp. announced that it has received CAD 4.51 million in funding

District Metals Corp. announced that it expects to receive CAD 4.51 million in funding

District Metals Corp. announced that it expects to receive CAD 4.004 million in funding

Recent updates

New minor risk - Shareholder dilution

New minor risk - Shareholder dilution

New minor risk - Share price stability

District Metals Corp. announced that it has received CAD 4.51 million in funding

District Metals Corp. announced that it expects to receive CAD 4.51 million in funding

District Metals Corp. announced that it expects to receive CAD 4.004 million in funding

Insufficient new directors

District Metals Corp., Annual General Meeting, Dec 04, 2023

District Metals Corp. Reports Compilation Work from Historical Exploration Data At the High Grade Polymetallic Svärdsjö Property Located in the Bergslagen Mining District in South-Central Sweden

District Metals Corp. Reports on the Results from Detailed Soil Sampling Program at the Polymetallic Gruvberget Property Located in the Bergslagen Mining District of South-Central Sweden

District Metals Corp. Announces Exploration Work Program to Be Completed Before the End of 2022

District Metals Corp. Announces Identification of Four New High Priority Targets on the Polymetallic Gruvberget Property in the Bergslagen Mining District of South-Central Sweden

District Reports on Soil Sampling Orientation Survey and Rock Sampling with Up to 22.9% Zinc At the Gruvberget Property

District Intersects 9.1 M At 6.1% Zneq on the Gruvberget Property

District Metals Corp., Annual General Meeting, Nov 03, 2022

District Metals Corp. Reports Assay Results for the Two Drill Holes from the Spring 2022 Drill Program At the High Grade Polymetallic Tomtebo Property

District Drills Shallow Polymetallic Sulphide Mineralization on the Gruvberget Property

District Metals Corp. Intersects Strong Visual Sulphide Mineralization at the Tomtebo Property

District Metals Corp. Reports on Airborne Electromagnetic and Magnetic Results At the Svardsjo Property

District Metals Corp. Commences Drilling At the Tomtebo Property

District Metals Corp. Reports Assay Results for the Remaining Eleven Drill Holes from the Phase II Drill Program At the High Grade Polymetallic Tomtebo Property Located in the Bergslagen Mining District in South-Central Sweden

District Metals Corp. Provides Update on the Bakar Copper Property

District Metals Corp. Reports Assay Results from Grab and Chip Rock Samples Recovered from Geological Fieldwork Carried Out in Late-2021 At Its Polymetallic Gruvberget Project in the Bergslagen Mining District of South-Central Sweden

District Reports Samples Up to 253.0 G/T Silver, 22.8% Zinc, and 8.6% Lead on the Svardsjo Property

District Metals Corp. announced that it has received CAD 1.8 million in funding

District Metals Corp. announced that it expects to receive CAD 3 million in funding

District Metals Corp. (TSXV:DMX) completed the acquisition of Svärdsjö Property in Bergslagen District of Sweden from Viad Royalties AB.

District Metals Corp. Reports Assay Results on the Last Six Drill Holes from the Spring 2021 Drill Program At the High Grade Polymetallic Tomtebo Property Located in the Bergslagen Mining District in South-Central Sweden

District Metals Corp. (TSXV:DMX) entered into a definitive agreement to acquire Svärdsjö Property in Bergslagen District of Sweden from EMX Royalty Corporation (TSXV:EMX) for CAD 0.55 million.

District Continues to Intersect Significant Polymetallic Mineralization at the Tomtebo Property

President exercised options to buy CA$360k worth of stock.

District Metals Corp. Announces to Report Assay Results for the First Three Drill Holes from the Maiden Drilling Program at the High Grade Polymetallic Tomtebo Property Located in the Bergslagen Mining District in South-Central Sweden

District Metals Corp. Commences 5,000 m Drill Program at Tomtebo Property

District Metals Corp., Annual General Meeting, May 04, 2021

District Reports on Shallow Historic Drill Results from the Lövås-Nyberget Area Including 15.9 M At 1.3% Copper

New 90-day high: CA$0.54

District Metals Corp. Obtains Necessary Permits to Commence A 5,000 M Drill Program At Polymetallic Tomtebo Property

District Metals Corp Announces Drilling Contract

District Metals Corp. Appoints Hein Raat as Country Manager of Sweden

New 90-day high: CA$0.46

District Commences Ground Gravity Survey over the Tomtebo Mine Trend

New 90-day low: CA$0.32

District Metals Corp. to Report on Assay Results from Grab and Chip Rock Samples at Its Polymetallic Tomtebo Project in the Bergslagen Mining District

District Metals Corp. Reports the Results of the Final Airborne Electromagnetic and Magnetic Data at the Former Tomtebo Mine Area

District Metals Corp. Reports on 3D Modeling of Mineralized Zones At the Former Tomtebo Mine

District Reports on Initial Geological Work At the Tomtebo Property

Sherpa II Holdings Corp. (TSXV:SHRP.P) entered into a definitive purchase agreement to acquire 80% undivided interest in Bakar Property from District Metals Corp. (TSXV:DMX) for CAD 0.16 million.

New 90-day high - CA$0.42

District Metals Corp. (TSXV:DMX) completed the acquisition of Tomtebo and Trollberget Polymetallic Projects of Viad Royalties Ab.

Shareholder Returns

Price Volatility

About the Company

District Metals Corp. Fundamentals Summary

0.0x

-37.0x

Earnings & Revenue