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Company price
0.34 CAD -0.05 ( 12.82%)
Last update at 2026-11-05T20:30:00Z
VOLUME
279582
Market Cap
117.06M

Momentum Score

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District Metals Corp., a junior mineral exploration stage company, acquires, explores, and evaluates mineral resource properties. It explores for lead, zinc, silver, copper, molybdenum, cobalt, yttrium, and other rare earth elements. The company was formerly known as MK2 Ventures Ltd. and changed its name to District Metals Corp. in July 2019. District Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.

Source: TradingView
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Day Price Range
0.34
Low
0.40
High
52 Week Price Range
0.28
Low
1.65
High

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

District Metals Corp is a Canada-listed mineral exploration company focused on discovering and advancing base and precious metal deposits, primarily in Sweden. Its long-term growth may be driven by exploration success, higher commodity prices and potential partner-funded project advancement, and it appears positioned to benefit from local mining infrastructure and a supportive jurisdiction.

Primary investment risks include typical junior exploration company risks—high technical and drilling uncertainty, dependence on external financing, sensitivity to commodity prices and permitting or environmental 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
0.39
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-0.01M
Debt / Equity
-
ROE
-21.21%
Net Debt
-
ROCE
-19.91%
Diluted EPS TTM
-0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Income before tax -3.47M -2.69M -1.32M -1.73M -2.73M
Net income -3.47M -2.69M -1.32M -1.73M -2.73M
Selling general administrative 3.58M 2.31M 1.08M 1.75M 2.40M
Selling and marketing expenses - - 0.12M 0.30M 0.58M
Ebit - - - -1.75M -2.40M
Ebitda - - -1.21M -1.78M -2.08M
Operating income -3.77M -2.38M -1.21M -1.75M -2.40M
Other operating expenses - - 1.30M 1.75M 2.40M
Interest expense - - - - 0.00M
Interest income 0.18M 0.16M 0.03M 0.00M -
Net interest income 0.18M 0.16M 0.03M 0.00M -
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 3.77M 2.38M 1.30M 1.75M 2.40M
Total other income expense net 0.12M -0.47M -0.04M 0.03M -0.33M
Net income from continuing ops -3.47M -2.69M -1.32M -1.73M -2.73M
Net income applicable to common shares - - - -1.73M -2.73M
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Total assets 19.73M 14.01M 10.12M 8.67M 7.86M
Total liab 0.80M 1.22M 0.12M 0.29M 0.59M
Total stockholder equity 18.93M 12.79M 10.00M 8.38M 7.27M
Common stock - - - 66.36M 64.17M
Capital stock 81.91M 73.35M 68.73M 66.36M 64.17M
Retained earnings -67.08M -63.65M -61.20M -60.29M -58.85M
Other assets - - - 0.06M 0.23M
Cash 9.74M 5.86M 2.53M 1.51M 3.64M
Total current liabilities 0.80M 1.22M 0.12M 0.29M 0.59M
Other stockholder equity - - - 2.31M 1.95M
Property plant equipment - - - 6.92M 3.61M
Total current assets 10.27M 6.43M 2.64M 1.70M 4.03M
Net tangible assets - - - 8.38M 7.27M
Short term investments 0.15M 0.14M 0.04M 0.12M 0.12M
Net receivables - - - 0.03M 0.23M
Accounts payable 0.40M 0.20M 0.05M 0.05M 0.06M
Non current assets total 9.46M 7.57M 7.48M 6.97M 3.84M
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Investments -1.00M -0.33M -0.69M -2.73M -1.62M
Change to liabilities - - - -0.10M -0.04M
Total cashflows from investing activities - - - -2.73M -1.62M
Total cash from financing activities 7.69M 4.37M 2.55M 1.69M 4.62M
Change to operating activities - - - 0.19M -0.24M
Net income -3.47M -2.69M -1.32M -1.73M -2.73M
Change in cash 3.88M 3.34M 1.02M -2.14M 1.13M
Begin period cash flow 5.86M 2.53M 1.51M 3.64M 2.51M
End period cash flow 9.74M 5.86M 2.53M 1.51M 3.64M
Total cash from operating activities -2.82M -0.70M -0.85M -1.10M -1.87M
Issuance of capital stock 6.00M 4.51M 3.00M 1.80M 4.75M
Depreciation - - - - 0.40M
Other cashflows from investing activities - - - -0.05M -0.23M
Change to account receivables - - -0.02M 0.19M -0.22M
Other cashflows from financing activities - - -0.45M -0.11M -0.13M
Change to netincome - - - 0.54M 0.75M
Capital expenditures 1.00M 0.33M 0.61M 2.62M 1.44M
Change in working capital -1.07M 0.78M -0.00M 0.08M -0.29M
Stock based compensation 1.72M 0.86M 0.39M 0.54M 0.79M
Other non cash items - - 0.08M 0.01M 0.35M
Free cash flow -3.82M -1.03M -1.46M -3.72M -3.31M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
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)
DMX
District Metals Corp
-0.05
12.82%
0.34 - - 407.88 6.16 285.42 -27.15
SGML
Sigma Lithium Resources Corp
-0.42
5.30%
7.51 - 23.09 29.72 42.12 23.03 32.66
AFM
Alphamin Res
-0.08
6.30%
1.19 8.44 9.43 2.78 3.33 2.13 3.85
SLI
Standard Lithium Ltd
-0.13
6.34%
1.92 - - 79.52 2.40 83.96 5.29
FWZ
Fireweed Zinc Ltd
0.03
1.25%
2.43 - 1250.00 - 26.07 - -7.01

Profile*

District Metals Corp

District Metals Corp., a junior mineral exploration stage company, acquires, explores, and evaluates mineral resource properties. It explores for lead, zinc, silver, copper, molybdenum, cobalt, yttrium, and other rare earth elements. The company was formerly known as MK2 Ventures Ltd. and changed its name to District Metals Corp. in July 2019. District Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.

1030 West Georgia Street, Vancouver, BC, Canada, V6E 2Y3

604 288 4430

Name Title Year Born
Mr. Garrett Paul Ainsworth BSC (HONS), BTECH (HONS), DIPTECH, P.Geo., PGEO Pres, CEO & Director 1978
Ms. Marlis Yassin C.A., CPA Chief Financial Officer 1981
Mr. Gavin John Cooper C.A., C.F.A., CA, CPA Consultant 1946
Ms. Anna Man-Yue Ladd-Kruger C.M.A., CPA, CMA, CPA, M.A., MA Strategic Advisor 1970
Mr. Sai Kit Chang M.B.A. Strategic Advisor 1978
Ms. Maria Wells Corp. Sec. NA
Mr. Garrett Paul Ainsworth B.Sc., BSC (HONS), BTECH (HONS), DIPTECH, P.Geo. President, CEO & Director 1978
Ms. Anna Man-Yue Ladd-Kruger C.M.A., CPA, M.A. Strategic Advisor 1970
Mr. Hein Raat Vice President of Exploration NA
Ms. Marlis Yassin C.A., CPA CFO & Corporate Secretary 1982

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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