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Denarius Metals Corp.NEOE:DMET Stock Report

Market Cap CA$161.1m
Share Price
CA$0.76
CA$110.13
99.3% undervalued intrinsic discount
1Y8.6%
7D-8.4%
1D
Portfolio Value
View

Denarius Metals Corp.

NEOE:DMET Stock Report

Market Cap: CA$161.1m

Denarius Metals (DMET) Stock Overview

Engages in the acquisition, exploration, development, and operation of mineral properties in Spain and Colombia. More details

DMET fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

DMET Community Fair Values

Create Narrative

See what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.

Denarius Metals Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Denarius Metals
Historical stock prices
Current Share PriceCA$0.76
52 Week HighCA$1.17
52 Week LowCA$0.41
Beta1.15
1 Month Change-3.80%
3 Month Change-28.97%
1 Year Change8.57%
3 Year Change52.00%
5 Year Change-84.80%
Change since IPO-84.80%

Recent News & Updates

Narrative Update May 30

Valuation Update (May 2026)

Important Valuation Note This is still an aggressive all-project torque model , not a base-case fair value model. Assumption Value Fully diluted shares 344,738,074 Total GEOs used 840,178 GEOs AISC used US$2,482/oz Gold scenarios US$6,000/oz and US$7,000/oz Multiples used 10×, 15×, 20× Scenario A: Gold at US$6,000/oz Item Calculation Value Gold price — US$6,000/oz AISC — US$2,482/oz Margin per GEO 6,000 – 2,482 US$3,518/GEO Total GEOs — 840,178 GEOs Estimated total project FCF 840,178 × 3,518 US$2.956B Valuation at US$6,000/oz Gold Multiple Implied Market Value Value Per Share 10× FCF US$29.56B US$85.76/share 15× FCF US$44.34B US$128.64/share 20× FCF US$59.12B US$171.52/share Scenario B: Gold at US$7,000/oz Item Calculation Value Gold price — US$7,000/oz AISC — US$2,482/oz Margin per GEO 7,000 – 2,482 US$4,518/GEO Total GEOs — 840,178 GEOs Estimated total project FCF 840,178 × 4,518 US$3.796B Valuation at US$7,000/oz Gold Multiple Implied Market Value Value Per Share 10× FCF US$37.96B US$110.13/share 15× FCF US$56.95B US$165.19/share 20× FCF US$75.91B US$220.26/share Valuation Summary Gold Price Total GEOs Used AISC Used Estimated Total FCF 10× FCF/share 15× FCF/share 20× FCF/share US$6,000/oz 840,178 GEOs US$2,482/oz US$2.956B US$85.76 US$128.64 US$171.52 US$7,000/oz 840,178 GEOs US$2,482/oz US$3.796B US$110.13 US$165.19 US$220.26 Using a more conservative LOM AISC assumption of US$2,482/oz , Denarius Metals still shows very large theoretical upside under a high-gold-price scenario.

Recent updates

Narrative Update May 30

Valuation Update (May 2026)

Important Valuation Note This is still an aggressive all-project torque model , not a base-case fair value model. Assumption Value Fully diluted shares 344,738,074 Total GEOs used 840,178 GEOs AISC used US$2,482/oz Gold scenarios US$6,000/oz and US$7,000/oz Multiples used 10×, 15×, 20× Scenario A: Gold at US$6,000/oz Item Calculation Value Gold price — US$6,000/oz AISC — US$2,482/oz Margin per GEO 6,000 – 2,482 US$3,518/GEO Total GEOs — 840,178 GEOs Estimated total project FCF 840,178 × 3,518 US$2.956B Valuation at US$6,000/oz Gold Multiple Implied Market Value Value Per Share 10× FCF US$29.56B US$85.76/share 15× FCF US$44.34B US$128.64/share 20× FCF US$59.12B US$171.52/share Scenario B: Gold at US$7,000/oz Item Calculation Value Gold price — US$7,000/oz AISC — US$2,482/oz Margin per GEO 7,000 – 2,482 US$4,518/GEO Total GEOs — 840,178 GEOs Estimated total project FCF 840,178 × 4,518 US$3.796B Valuation at US$7,000/oz Gold Multiple Implied Market Value Value Per Share 10× FCF US$37.96B US$110.13/share 15× FCF US$56.95B US$165.19/share 20× FCF US$75.91B US$220.26/share Valuation Summary Gold Price Total GEOs Used AISC Used Estimated Total FCF 10× FCF/share 15× FCF/share 20× FCF/share US$6,000/oz 840,178 GEOs US$2,482/oz US$2.956B US$85.76 US$128.64 US$171.52 US$7,000/oz 840,178 GEOs US$2,482/oz US$3.796B US$110.13 US$165.19 US$220.26 Using a more conservative LOM AISC assumption of US$2,482/oz , Denarius Metals still shows very large theoretical upside under a high-gold-price scenario.
Narrative Update Nov 22

Top Risks Assessment

Critical Risks Dilution risk (Highest risks, but their got proven team) Debenture share settlement. Repeated financing rounds.

Shareholder Returns

DMETCA Metals and MiningCA Market
7D-8.4%3.2%1.1%
1Y8.6%86.5%32.4%

Return vs Industry: DMET underperformed the Canadian Metals and Mining industry which returned 88.1% over the past year.

Return vs Market: DMET underperformed the Canadian Market which returned 32.1% over the past year.

Price Volatility

Is DMET's price volatile compared to industry and market?
DMET volatility
DMET Average Weekly Movement10.2%
Metals and Mining Industry Average Movement11.5%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.8%

Stable Share Price: DMET has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: DMET's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a78Federico Restrepo-Solanowww.denariusmetals.com

Denarius Metals Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Spain and Colombia. It explores for copper, zinc, lead, gold, silver, nickel, cobalt, platinum, and palladium deposits. Denarius Metals Corp. is headquartered in Toronto, Canada.

Denarius Metals Corp. Fundamentals Summary

How do Denarius Metals's earnings and revenue compare to its market cap?
DMET fundamental statistics
Market capCA$161.06m
Earnings (TTM)-CA$62.78m
Revenue (TTM)CA$7.18m
22.4x
P/S Ratio
-2.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DMET income statement (TTM)
RevenueUS$5.18m
Cost of RevenueUS$3.16m
Gross ProfitUS$2.03m
Other ExpensesUS$47.34m
Earnings-US$45.32m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.21
Gross Margin39.07%
Net Profit Margin-874.38%
Debt/Equity Ratio162.4%

How did DMET perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 04:41
End of Day Share Price 2026/06/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Denarius Metals Corp. is covered by 1 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.

AnalystInstitution
Taylor CombaluzierRed Cloud Securities