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Develop Global Limited ( (AU:DVP) ) just unveiled an update.
Develop Global Limited reported positive operating cash flow of A$18.8 million for the December 2025 quarter and A$26.8 million for the half year, driven by A$94.6 million in customer receipts for the quarter and A$178.6 million year to date, alongside modest dividend and interest income. However, the company recorded negative overall cash movement from investing activities of A$29.5 million in the quarter and A$52.5 million for the half year, largely due to significant spending on mine properties and capital equipment, while financing cash flows were also negative in the quarter following earlier equity raising, loan repayments and additional bank guarantees, underscoring a capital-intensive growth phase that, despite solid operating inflows, is consuming cash as Develop advances its mining projects and strengthens its asset base.
The most recent analyst rating on (AU:DVP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Develop Global Limited stock, see the AU:DVP Stock Forecast page.
More about Develop Global Limited
Develop Global Limited is an ASX-listed mining exploration and development company operating as a mining exploration entity under the ASX Listing Rules. The company is focused on mineral resource projects and associated mine development, supported by investments in mine properties, property, plant and equipment, and exploration and evaluation activities.
Average Trading Volume: 1,462,845
Technical Sentiment Signal: Buy
Current Market Cap: A$1.75B
See more insights into DVP stock on TipRanks’ Stock Analysis page.