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Company price
0.008 AUD 0.00(0%)
Last update at 2026-11-09T04:39:00Z
VOLUME
843373
Market Cap
5.69M

Momentum Score

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Desert Metals Limited engages in the exploration of mineral properties in Côte d'Ivoire. The company explores for gold and lithium deposits. Its flagship project is the 80%-owned Tengrela South gold project, which consists of Exploration Permit PR-683 covering an area of 212 square kilometers located in the far north of Côte d'Ivoire. Desert Metals Limited was incorporated in 2017 and is based in Mount Hawthorn, Australia.

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Day Price Range
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52 Week Price Range
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0.02
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Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Desert Metals Ltd is an Australian mineral exploration company listed on the ASX that appears positioned to identify and advance mineral deposits through early-stage exploration and project development. Its long-term growth drivers include successful exploration results, favorable commodity prices, and potential joint-venture or funding arrangements that could support project progression. Investors may find exposure to exploration upside and commodity leverage attractive, while outcomes remain highly binary given the company's stage and scale.
The most important investment risks are exploration and geological uncertainty, the need for recurring capital and potential dilution, commodity price volatility, and permitting or regulatory setbacks.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.01
Dividend Yield
-
Revenue TTM
0.10M
Revenue Per Share
-
Gross Profit TTM
0.10M
Debt / Equity
-
ROE
-14.51%
Net Debt
-0.41M
ROCE
-14.06%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -1.24M -1.69M -9.84M -0.71M -0.57M
Net income -1.20M -1.59M -9.84M -0.71M -0.57M
Selling general administrative - 1.20M 0.83M 0.82M 0.39M
Selling and marketing expenses - 0.40M 0.49M - 0.01M
Gross profit -0.00M 0.10M 0.05M - -
Reconciled depreciation - - 0.02M 0.02M 0.03M
Ebit -1.25M -1.52M -9.84M -0.58M -0.73M
Ebitda -1.25M -1.50M -9.82M - -0.70M
Depreciation and amortization 0.00M 0.01M 0.02M - 0.03M
Operating income -1.25M -1.50M -1.27M -0.71M -0.73M
Other operating expenses 1.25M 1.60M 1.32M 0.15M 0.73M
Tax provision - 0.00M 0.00M 0.00M 0.00M
Interest income - 0.00M - - -
Income tax expense - - -8.42M - -
Total revenue - 0.10M 0.05M 0.17M 0.16M
Total operating expenses 1.25M 1.60M 1.32M - 0.73M
Cost of revenue 0.00M 0.01M 0.02M - -
Total other income expense net 0.01M -0.19M -8.57M 0.17M 0.16M
Net income from continuing ops - - -9.84M -0.71M -0.57M
Net income applicable to common shares - -1.59M -9.84M -0.71M -0.57M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 9.29M 8.50M 6.78M 9.48M 7.69M
Other current assets 0.03M 0.06M 0.04M 0.01M 0.01M
Total liab 0.41M 0.33M 0.38M 0.28M 0.18M
Total stockholder equity 9.01M 8.27M 6.40M 9.20M 7.50M
Other current liab 0.06M - 0.13M - 0.01M
Common stock 21.80M 20.43M 17.52M 10.84M 8.64M
Capital stock - - - 10.84M 8.64M
Retained earnings -14.21M -13.28M -11.77M -2.57M -1.86M
Cash 0.41M 1.92M 2.67M 1.97M 3.01M
Total current liabilities 0.41M 0.33M 0.38M 0.28M 0.18M
Net debt -0.41M -1.92M -2.67M - -3.01M
Short term debt - - - 0.00M 0.00M
Other stockholder equity - - 0.00M 0.93M 0.72M
Property plant equipment - - - 7.40M 4.53M
Total current assets 0.51M 2.02M 2.73M 2.08M 3.15M
Net tangible assets - - - 9.20M 7.50M
Net receivables 0.07M 0.04M 0.03M 0.07M 0.10M
Inventory - - -0.01M - -
Accounts payable 0.35M 0.33M 0.24M 0.27M 0.17M
Accumulated other comprehensive income 1.42M 1.12M 0.65M - 0.72M
Non currrent assets other 8.75M - - - -
Non current assets total 8.78M 6.48M 4.05M 7.40M 4.53M
Long term debt total - - - 0.00M 0.00M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments - - -1.39M -2.82M -2.75M
Change to liabilities - - - 0.02M -0.00M
Total cashflows from investing activities -1.77M -2.52M -1.39M -2.82M -2.75M
Total cash from financing activities 1.44M 3.01M 3.48M 2.38M 2.54M
Net income -1.20M -1.59M -9.84M -0.71M -0.57M
Change in cash -1.51M -0.75M 0.70M -1.04M -0.70M
Begin period cash flow 1.92M 2.67M 1.97M 3.01M 3.71M
End period cash flow 0.41M 1.92M 2.67M 1.97M 3.01M
Total cash from operating activities -1.16M -1.23M -1.40M -0.60M -0.49M
Issuance of capital stock - - 3.75M 2.53M 2.70M
Depreciation 0.00M 0.01M 8.42M 0.02M 0.03M
Other cashflows from investing activities - 0.02M 0.01M - -
Change to account receivables -0.02M -0.05M 0.06M 0.03M -0.03M
Sale purchase of stock - 3.25M -0.27M 2.53M -0.16M
Other cashflows from financing activities - -0.24M -1.39M -0.15M -2.75M
Change to netincome - - - 0.03M 0.08M
Capital expenditures 0.02M 2.54M 1.74M 2.82M 2.75M
Change in working capital 0.00M -0.05M -0.08M -0.63M -0.49M
Stock based compensation - 0.25M 0.12M - -
Other non cash items 0.04M 0.14M -0.01M - -
Free cash flow -1.18M -3.78M -3.13M -3.42M -2.75M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
DM1
Desert Metals Ltd
-
-%
0.01 - - 59.05 0.59 -8.97
BHP
BHP Group Ltd
1.58
2.74%
59.20 20.70 15.82 5.10 4.00 6.71
RIO
Rio Tinto Ltd
2.33
1.55%
152.26 14.04 12.02 4.03 2.49 6.74
GLC
Glencore Plc
0.34
3.59%
9.82 15.15 11.30 0.38 1.95 7.60
FMG
Fortescue Ltd
0.10
0.66%
15.28 11.31 13.61 2.81 1.51 4.32

Profile*

Desert Metals Ltd

Desert Metals Limited engages in the exploration of mineral properties in Côte d'Ivoire. The company explores for gold and lithium deposits. Its flagship project is the 80%-owned Tengrela South gold project, which consists of Exploration Permit PR-683 covering an area of 212 square kilometers located in the far north of Côte d'Ivoire. Desert Metals Limited was incorporated in 2017 and is based in Mount Hawthorn, Australia.

389 Oxford Street, Mount Hawthorn, WA, Australia, 6016

61 8 9383 9997

Name Title Year Born
Dr. Robert Angus Castle Stuart MD & Director NA
Mr. Antony William Worth BSc Technical Director & Director 1971
Mr. Paul Anthony Heatley Company Sec. NA
Mr. Paul Anthony Heatley Company Secretary NA
Mr. Paul Anthony Heatley Company Secretary NA
Mr. Paul Anthony Heatley Company Secretary NA
Mr. Paul Mario Jurman B.Com., CPA, CPA Company Secretary 1973
Mr. Paul Mario Jurman B.Com., CPA, CPA Company Secretary 1973
Mr. Stephen Michael Ross B.Sc., BSc(Geol), FFin, GDip AppFin, MAusIMM MD & Director 1970
Mr. Stephen Michael Ross B.Sc., BSc(Geol), FFin, GDip AppFin, MAusIMM MD & Director 1970

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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