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DevEx Resources Ltd (AU:DEV)
ASX:DEV
DEV Stock Chart & Stats
AU$0.16
>-AU$0.01(-1.16%)
At close: 4:00 PM EST
AU$0.16
>-AU$0.01(-1.16%)
Day’s Range― - ―
52-Week RangeAU$0.07 - AU$0.28
Previous CloseN/A
Volume195.16K
Average Volume (3M)1.76M
Market Cap
AU$181.07M
Enterprise ValueAU$106.49M
Total Cash (Recent Filing)AU$7.12M
Total Debt (Recent Filing)AU$147.29K
Price to Earnings (P/E)―
Beta0.47
Next Earnings
Mar 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding710,080,440
10 Day Avg. Volume2,256,041
30 Day Avg. Volume1,762,349
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)2.25
Price to Sales (P/S)87.00
P/FCF Ratio-3.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageA debt-to-equity ratio of 0.01 implies minimal financial leverage, lowering interest burden and refinancing risk. This balance-sheet strength gives the company durable flexibility to fund exploration activity or absorb setbacks over the next 2–6 months without immediate pressure from creditors.
Exploration-focused Business ModelAs a pure-play mineral exploration company, its core outputs are discoveries and tenement advancement, which are enduring value drivers. Over months, disciplined drill results, resource definition, or strategic farm-outs/JVs can materially re-rate asset value and create monetisation paths.
Free Cash Flow CoverageA free cash flow to net income ratio slightly above 1 shows the company is generating some cash relative to accounting losses. This modest cash conversion ability reduces immediate liquidity pressure and extends operational runway, lowering short-term dependence on dilutive financing.
Bears Say
Sharp Revenue DeclineA 52.96% drop in revenue materially weakens the firm's capacity to internally fund exploration and operating expenses. Persistent top-line erosion reduces strategic optionality, increases reliance on external capital, and constrains project advancement over a 2–6 month horizon.
Persistent Losses And Weak ReturnsNegative net margins and a deeply negative ROE indicate the company is not generating returns on shareholder capital. Continued losses erode equity, constrain reinvestment into exploration, and make it harder to attract partners or financing sustainably over the medium term.
Negative Operating Cash FlowNegative operating and free cash flows show core activities consume cash, increasing dependence on external financing or equity issuance. Structurally, this reduces financial flexibility, raises dilution risk, and can curtail exploration programs or tenement advancement over months.
DevEx Resources Ltd News
DEV FAQ
What was DevEx Resources Ltd’s price range in the past 12 months?
DevEx Resources Ltd lowest share price was AU$0.07 and its highest was AU$0.28 in the past 12 months.
What is DevEx Resources Ltd’s market cap?
DevEx Resources Ltd’s market cap is AU$181.07M.
When is DevEx Resources Ltd’s upcoming earnings report date?
DevEx Resources Ltd’s upcoming earnings report date is Mar 18, 2026 which is in 41 days.
How were DevEx Resources Ltd’s earnings last quarter?
DevEx Resources Ltd released its earnings results on Sep 16, 2025. The company reported -AU$0.006 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.006.
Is DevEx Resources Ltd overvalued?
According to Wall Street analysts DevEx Resources Ltd’s price is currently Overvalued.
Does DevEx Resources Ltd pay dividends?
DevEx Resources Ltd does not currently pay dividends.
What is DevEx Resources Ltd’s EPS estimate?
DevEx Resources Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does DevEx Resources Ltd have?
DevEx Resources Ltd has 710,080,440 shares outstanding.
What happened to DevEx Resources Ltd’s price movement after its last earnings report?
DevEx Resources Ltd reported an EPS of -AU$0.006 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 3.488%.
Which hedge fund is a major shareholder of DevEx Resources Ltd?
Currently, no hedge funds are holding shares in AU:DEV
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
DevEx Resources Ltd Stock Smart Score
Neutral
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Blogger Sentiment
Bullish
AU:DEV Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$3.9M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
-49.01%
Trailing 12-Months
Asset Growth
-40.08%
Trailing 12-Months
Company Description
DevEx Resources Ltd
DevEx Resources Ltd (DEV) is an Australian mineral exploration company focused on the discovery and development of high-quality resources, primarily in the gold and base metals sectors. The company operates in key mineral-rich regions of Australia and is engaged in identifying, acquiring, and advancing mineral projects with significant potential. Its core products include exploration and development of mineral resources, with a strategic emphasis on gold and copper assets.
Technical Analysis
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