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Home CompaniesDesert Mountain Energy Corp

Desert Mountain Energy Corp

Energy Oil & Gas E&P
PortfolioPortfolio WatchlistWatchlist
Company price
0.1202 USD 0.00(0%)
Last update at 2026-11-06T20:53:00Z
VOLUME
88952
Market Cap
26.34M

Momentum Score

…

Desert Mountain Energy Corp. engages in the exploration and development of oil and gas, and mineral properties in the United States, Canada, and internationally. It holds interest in the Holbrook Basin helium project covering an area of 74,421 acres located in the Eastern Arizona. The company was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp. in April 2018. Desert Mountain Energy Corp. was incorporated in 2008 and is based in Vancouver, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.12
Low
0.12
High
52 Week Price Range
0.21
Low
2.33
High

Momentum Score

…
Loading momentum score…

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 Mountain Energy Corp is a publicly traded oil and natural gas exploration and production company operating in the United States. Long-term growth drivers include production growth from developing acreage, well optimization and reserve development, and sensitivity to oil and gas prices, which could support cash flow if execution is successful. Investors may find exposure to resource-backed production and potential reserve upside attractive.

Risk Score
Medium

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
0.12
Dividend Yield
-
Revenue TTM
1.70M
Revenue Per Share
0.02
Gross Profit TTM
0.05M
Debt / Equity
-
ROE
-17.51%
Net Debt
-
ROCE
-17.24%
Diluted EPS TTM
-0.07

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30
Type yearly yearly yearly yearly yearly
Date 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30
Income before tax -7.53M -7.90M -1.60M -0.34M -0.66M
Net income -7.53M -7.90M -1.50M -0.34M -0.64M
Selling general administrative 6.62M 7.00M 1.71M 0.63M 0.51M
Gross profit 0.24M -0.01M -0.00M -0.00M -0.00M
Reconciled depreciation 0.16M 0.01M 0.00M 0.00M 0.00M
Ebit -6.49M -7.44M -1.63M -0.62M -0.48M
Ebitda -6.56M -7.00M -1.73M -0.65M -0.53M
Operating income -6.72M -7.01M -1.71M -0.64M -0.51M
Other operating expenses - - 0.10M 0.10M 0.01M
Interest expense - 0.00M 0.00M 0.00M 0.00M
Tax provision - 0.00M -0.10M 0.00M -0.02M
Interest income 0.14M - - - -
Net interest income 0.14M - - -0.01M -0.01M
Income tax expense - - - - -0.02M
Total revenue 0.44M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 7.17M 7.01M 1.71M 0.64M 0.51M
Cost of revenue 0.20M 0.01M 0.00M 0.00M 0.00M
Total other income expense net -0.94M -0.89M 0.10M 0.31M -0.14M
Net income from continuing ops -7.53M -7.90M -1.50M -0.34M -0.64M
Net income applicable to common shares -7.53M -7.90M -1.50M -0.34M -0.64M
Breakdown 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30
Type yearly yearly yearly yearly yearly
Date 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30
Total assets 40.02M 34.52M 13.55M 2.26M 1.37M
Intangible assets - - - 0.01M -
Other current assets - - - 0.02M 0.02M
Total liab 2.71M 0.67M 0.08M 0.12M 0.27M
Total stockholder equity 37.31M 33.85M 13.47M 2.14M 1.09M
Other current liab 0.02M 0.01M 0.02M 0.03M 0.01M
Common stock 61.60M 54.34M 23.19M 20.03M 19.08M
Capital stock 61.60M 54.34M 23.19M 20.03M 19.08M
Retained earnings -36.47M -28.94M -21.05M -19.55M -19.21M
Other liab 0.35M 0.15M - - -
Other assets 1.17M 0.06M 0.07M 0.03M -
Cash 12.23M 26.61M 10.09M 0.02M 0.33M
Total current liabilities 2.35M 0.52M 0.08M 0.12M 0.27M
Other stockholder equity 12.19M 8.46M 11.33M 1.65M 1.22M
Property plant equipment 25.49M 7.31M 2.73M 1.20M 0.11M
Total current assets 13.36M 27.14M 10.73M 1.01M 1.25M
Long term investments 0.07M 0.06M 0.07M 0.03M 0.00M
Net tangible assets 37.32M 33.84M 13.46M 2.13M 1.09M
Short term investments 0.29M 0.20M 0.52M 0.95M 0.73M
Net receivables 0.41M 0.02M 0.01M 0.01M 0.02M
Accounts payable 2.32M 0.50M 0.06M 0.09M 0.16M
Non currrent assets other - - - 0.03M -
Non current assets total 26.66M 7.38M 2.81M 1.25M 0.11M
Breakdown 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30
Type yearly yearly yearly yearly yearly
Date 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30
Investments -17.86M -4.18M 0.61M 0.12M 0.12M
Change to liabilities 0.14M 0.13M -0.02M -0.10M -0.02M
Total cashflows from investing activities -17.86M -4.18M -0.93M -0.44M -0.06M
Total cash from financing activities 7.00M 22.31M 11.85M 0.64M 0.64M
Change to operating activities -0.12M -0.19M -0.11M 0.08M 0.08M
Net income -7.53M -7.90M -1.50M -0.34M -0.64M
Change in cash -14.38M 16.53M 10.05M -0.32M 0.15M
Begin period cash flow 26.61M 10.09M 0.04M 0.36M 0.21M
End period cash flow 12.23M 26.61M 10.09M 0.04M 0.36M
Total cash from operating activities -3.52M -1.60M -0.87M -0.52M -0.44M
Issuance of capital stock 5.42M 4.00M 2.15M 0.64M 0.62M
Depreciation 0.15M 0.61M 0.00M 0.00M 0.01M
Other cashflows from investing activities - - -0.03M -0.03M -0.01M
Change to account receivables -0.39M -0.01M -0.00M -0.00M 0.01M
Other cashflows from financing activities -0.17M -0.47M -0.47M -0.02M -0.02M
Change to netincome 4.23M 5.75M 0.76M -0.17M 0.13M
Capital expenditures 15.94M 4.18M 1.51M 0.51M 0.18M
Change in working capital -0.37M -0.07M -0.13M -0.02M 0.06M
Stock based compensation 3.45M 5.44M 0.95M 0.17M -
Other non cash items 0.90M - - - 0.01M
Free cash flow -13.61M -5.79M -2.38M -1.05M -0.62M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
DMEHF
Desert Mountain Energy Corp		 -
-%		 0.12 - 2.39 15.09 0.61 8.49 -2.17
COP
ConocoPhillips		 0.81
0.60%		 136.27 18.08 13.59 2.63 2.51 2.84 6.47
CNQ
Canadian Natural Resources Ltd		 -
-%		 48.55 12.42 14.47 2.38 3.07 3.09 6.67
EOG
EOG Resources Inc		 0.01
0.01%		 147.14 9.09 8.98 3.01 2.57 2.97 5.16
OXY
Occidental Petroleum Corporation		 0.02
0.04%		 56.38 13.25 11.48 1.80 2.51 2.77 5.35

Profile*

Desert Mountain Energy Corp

Desert Mountain Energy Corp. engages in the exploration and development of oil and gas, and mineral properties in the United States, Canada, and internationally. It holds interest in the Holbrook Basin helium project covering an area of 74,421 acres located in the Eastern Arizona. The company was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp. in April 2018. Desert Mountain Energy Corp. was incorporated in 2008 and is based in Vancouver, Canada.

750 West Pender Street, Vancouver, BC, Canada, V6C 2T7

604-617-5448

https://www.desertmountainenergy.com

Name Title Year Born
Mr. Robert Rohlfing CEO & Exec. Chairman NA
Mr. Donald Aubrey Mosher Pres & Director 1957
Mr. Scott C. Davis C.A., CPA, CA, CGA, CPA Chief Financial Officer 1979
Dr. James Cronoble VP of Exploration & Director NA
Ms. Jessica Davey VP of Land & Director NA
Mr. Ched Wetz VP of Risk Management, Ethics & Compliance NA
Lee Dunston Marketing Director NA
Dr. Andrew E. Moore MBA, Ph.D. VP of Diamond Exploration & Sr. Geologist NA
Dr. Reinhard Ramdohr Ph.D. Sr. Exploration Geologist NA
Ms. Frances Murphy Corp. Sec. NA

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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