-
1 Comment
Desert Metals Limited is currently in a long term uptrend where the price is trading 40.0% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Other sector with a price to sales ratio of 0.0.
Its net income has dropped by 4425.2% to $-1M since the same quarter in the previous year.
Finally, its free cash flow fell by 2939.1% to $-475K since the same quarter in the previous year.
Based on the above factors, Desert Metals Limited gets an overall score of 2/5.
| ISIN | AU0000118572 |
|---|---|
| Industry | Other Industrial Metals & Mining |
| Sector | Basic Materials |
| CurrencyCode | AUD |
| Exchange | AU |
| Market Cap | 9M |
|---|---|
| PE Ratio | 0.0 |
| Target Price | None |
| Dividend Yield | 0.0% |
| Beta | -0.14 |
Desert Metals Limited explores for mineral properties in Australia. The company primarily explores for nickel, copper, gold, lead, zinc, chrome, rare earth elements, and platinum group elements. It holds interest in the Narryer project that includes nine granted exploration licenses covering an area of approximately 1,600 square kilometers located on the northwest margin of the Yilgarn Craton in Western Australia; a 100% interest in Innouendy project; Irrida Hill Nickel project; Dingo Pass; Opal Bore Gold project; Hooper project; and Belele project. The company was incorporated in 2017 and is based in Perth, Australia.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for DM1.AU using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024
