How does D860's PB Ratio compare to its peers?

D860 is good value based on its Price-To-Book Ratio (19.4x) compared to the peer average (23.3x).

How does D860's PB Ratio compare vs other companies in the European Metals and Mining Industry?

D860 is expensive based on its Price-To-Book Ratio (19.4x) compared to the European Metals and Mining industry average (0.9x).

What is D860'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 D860's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of D860 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate D860'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.

South Harz Potash (DB:D860) - Stock Price, News & Analysis

D860 Stock Overview

Explores for and develops mineral properties in Germany. More details

D860 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap (€9M)

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

Earnings have declined by 37.8% per year over past 5 years

Highly volatile share price over the past 3 months compared to the German market

+ 1 more risk

South Harz Potash Limited Competitors

IberAmerican Lithium

DB:W2C

€1.0m

Pasinex Resources

DB:PNX

€1.4m

Greenland Resources

DB:M0LY

€78.4m

Pearl Gold

DB:02P

€10.8m

Price History & Performance

Summary of all time highs, changes and price drops for South Harz Potash
Historical stock prices
Current Share Price	AU$0.007
52 Week High	AU$0.025
52 Week Low	AU$0.0048
Beta	0.96
11 Month Change	-10.26%
3 Month Change	12.90%
1 Year Change	-54.84%
33 Year Change	-92.89%
5 Year Change	-53.33%
Change since IPO	-72.00%

Recent updates

Shareholder Returns

	D860	DE Metals and Mining	DE Market
7D	16.7%	1.3%	0.8%
1Y	-54.8%	-26.8%	9.1%

Return vs Industry: D860 underperformed the German Metals and Mining industry which returned -26.6% over the past year.

Return vs Market: D860 underperformed the German Market which returned 8.5% over the past year.

Price Volatility

Is D860's price volatile compared to industry and market?
D860 volatility
D860 Average Weekly Movement	21.9%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: D860's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: D860's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2011	n/a	n/a	southharzpotash.com

South Harz Potash Limited explores for and develops mineral properties in Germany. It primarily explores for potash deposits. The company's flagship project Ohmgebirge which is located in the Thuringia, Germany.

South Harz Potash Limited Fundamentals Summary

How do South Harz Potash's earnings and revenue compare to its market cap?
D860 fundamental statistics
Market cap	€5.85m
Earnings (TTM)	-€5.67m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.0x

P/E Ratio

Is D860 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
D860 income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$9.15m
Earnings	-AU$9.15m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0097
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did D860 perform over the long term?

See historical performance and comparison

D860 Stock Overview

Risk Analysis

South Harz Potash Limited Competitors

DB:W2C

€1.0m

DB:PNX

€1.4m

DB:M0LY

€78.4m

DB:02P

€10.8m

Price History & Performance

Recent News & Updates

South Harz Potash Limited has completed a Follow-on Equity Offering in the amount of AUD 0.966596 million.

South Harz Potash Limited Appoints Len Jubber as Executive Chairman

Insufficient new directors

South Harz Potash Limited has completed a Follow-on Equity Offering in the amount of AUD 1.2701 million.

South Harz Potash Limited has filed a Follow-on Equity Offering in the amount of AUD 1.2451 million.

South Harz Potash Limited, Annual General Meeting, Oct 26, 2023

Recent updates

South Harz Potash Limited has completed a Follow-on Equity Offering in the amount of AUD 0.966596 million.

South Harz Potash Limited Appoints Len Jubber as Executive Chairman

Insufficient new directors

South Harz Potash Limited has completed a Follow-on Equity Offering in the amount of AUD 1.2701 million.

South Harz Potash Limited has filed a Follow-on Equity Offering in the amount of AUD 1.2451 million.

South Harz Potash Limited, Annual General Meeting, Oct 26, 2023

South Harz Potash Appoints Seamus Cornelius as Non-Executive Director with Effect from August 21, 2023

New major risk - Revenue and earnings growth

South Harz Potash Limited Announces Grafentonna Exploration Licence Extension Granted

South Harz Potash Limited Announces Bench Scale Metallurgical Test Work Confirms Ohmgebirge Processing Route

South Harz Potash Limited Announces Executive Changes

South Harz Potash Limited, Annual General Meeting, Jan 17, 2023

South Harz Potash Limited Announces Stepping Down of Hansjorg Plaggemars as Non-Executive Director, Effective 31 December 2022

South Harz Potash Limited Announces Kullstedt Exploration Licence Extension Granted

South Harz Potash Limited Appoints Luis Da Silva as CEO, Effective from 1 November 2022

South Harz Potash Limited Appoints Lawrence Berthelet as Non-Executive Director Appointment

South Harz Potash Limited, Annual General Meeting, Nov 01, 2022

South Harz Potash Limited Announces Ohmgebirge Study Evidences World-Class Potash Development

South Harz Potash Limited Reports on its Activities for the Quarter Ended 30 June 2022

South Harz Potash Limited Updates Mineral Resource Estimate for the Ohmgebirge Deposit At Its South Harz Potash Project in Thuringia, Germany

South Harz Potash Limited announces Strong Confirmatory Results from 2nd Ohmgebirge Drillhole

South Harz Potash Limited Announces Board Changes

South Harz Potash Limited Announces Completion of Confirmation Drilling at Ohmgebirge

South Harz Potash Limited Announces First Drillhole at Ohmgebirge Completed

South Harz Potash Limited Announces First Drillhole at Ohmgebirge Completed

South Harz Potash Limited Appoints of Babette Winter as Regional Manager - Thringia, Germany

South Harz Potash Limited Commences Drilling on Drill Site OHM-02 at Ohmgebirge Mining Licence Area of its South Harz Potash Project

South Harz Potash Limited Announces Second Drill Permit Secured & Drilling Commencing

South Harz Potash Limited announced that it expects to receive AUD 5.261 million in funding

South Harz Potash Limited Announces Ohmgebirge Drill Pad Construction Commences

South Harz Potash Limited Submits Application to Drill At Ohmgebirge

Davenport Resources Limited Announces Executive Changes

Executive Director has left the company

Davenport Resources Limited announced that it expects to receive AUD 10.0075 million in funding

Davenport Resources Limited Announces Board Changes

Davenport Resources Limited Announces Major Sulphate Discovery at German Licence Area

Davenport Resources Limited announced that it expects to receive AUD 0.325 million in funding