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Discovery Alaska Limited (AU:DAF)
ASX:DAF
Australian Market

Discovery Alaska Limited (DAF) AI Stock Analysis

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AU

Discovery Alaska Limited

(Sydney:DAF)

Rating:39Underperform
Price Target:
Discovery Alaska Limited's financial performance is the primary concern, with ongoing losses and a lack of revenue growth. The technical analysis further indicates bearish momentum, though the low RSI suggests potential for a reversal. Valuation metrics are also unfavorable, with a negative P/E ratio and no dividend yield. Overall, these factors result in a low score, highlighting significant risks and challenges ahead for the company.

Discovery Alaska Limited (DAF) vs. iShares MSCI Australia ETF (EWA)

Discovery Alaska Limited Business Overview & Revenue Model

Company DescriptionDiscovery Alaska Limited engages in mineral exploration activities in Western Australia. The company primarily explores for lithium, tin, silver, gold, and copper deposits. It holds 100% interest in Chulitna project comprising 308 mining claims covering 199.4 square kilometers located in the state of Alaska public lands. The company was formerly known as Discovery Africa Limited and changed its name to Discovery Alaska Limited in December 2021. Discovery Alaska Limited was incorporated in 2010 and is based in Osborne Park, Australia.
How the Company Makes MoneyDiscovery Alaska Limited makes money through the exploration and development of mineral properties. The company's revenue model is centered on acquiring exploration rights to mineral-rich lands, conducting geological surveys and exploratory drilling to assess mineral deposits, and advancing these projects to attract investment or sale to larger mining companies. Key revenue streams include the sale or joint-venture agreements for developed properties, as well as potential revenue from mining operations if the projects advance to production stages. Partnerships with larger mining firms or investors also play a significant role in funding exploration activities and sharing the financial risks and rewards associated with mineral development.

Discovery Alaska Limited Financial Statement Overview

Summary
Discovery Alaska Limited faces significant financial hurdles, with ongoing losses and declining revenues. The balance sheet is somewhat stable due to zero debt, but declining equity is a concern. Cash flow challenges further complicate the financial outlook, indicating a need for strategic adjustments. The company's financials suggest a need for strategic shifts to improve profitability and cash flow management.
Income Statement
25
Negative
The company's income statement reveals significant challenges with profitability. There is no revenue reported in the latest period, and historically, revenue has been minimal. Gross profit margins cannot be calculated for the latest period due to zero revenue. Net profit and EBIT margins are negative, reflecting ongoing losses. Revenue growth is negative, indicating declining sales performance. Overall, the income statement reflects a struggling financial position with no clear path to profitability.
Balance Sheet
50
Neutral
The balance sheet is relatively stable with zero debt, which is a positive aspect for financial health. However, the equity has decreased significantly over the years, reducing the equity ratio. The company maintains a positive equity position, which provides some strength. Return on equity is negative due to consistent net losses. The low debt levels add stability, but the declining equity trends are concerning.
Cash Flow
30
Negative
Cash flow analysis indicates negative free cash flow growth, highlighting cash outflows exceeding inflows. Operating cash flow is consistently negative, showing operational challenges. There is no significant financing activity to support cash flow needs. The free cash flow to net income ratio is concerning due to negative values, reflecting inefficiencies in cash generation relative to accounting profits.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.009.11K12.17K8.75K1.94M
Gross Profit
0.000.009.11K12.17K8.75K1.94M
EBIT
-267.02K-252.91K-426.37K-299.80K-265.96K-328.40K
EBITDA
404.39K-1.58M-426.37K-296.92K-223.26K1.61M
Net Income Common Stockholders
-261.06K-1.58M-417.26K-292.51K-257.56K1.61M
Balance SheetCash, Cash Equivalents and Short-Term Investments
354.44K513.62K1.03M1.60M1.59M2.19M
Total Assets
536.34K691.22K2.35M2.41M2.00M2.23M
Total Debt
0.000.000.000.000.000.00
Net Debt
-346.08K-490.13K-933.95K-1.51M-1.57M-2.18M
Total Liabilities
44.29K54.82K54.39K29.54K53.89K95.12K
Stockholders Equity
492.05K636.40K2.29M2.38M1.94M2.14M
Cash FlowFree Cash Flow
-144.04K-443.82K-892.92K-734.21K-608.21K1.62M
Operating Cash Flow
-91.37K-252.62K-334.13K-287.22K-278.81K1.62M
Investing Cash Flow
0.00-191.20K-558.79K-446.99K-329.40K1.62M
Financing Cash Flow
0.000.00320.00K672.00K0.00226.83K

Discovery Alaska Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.01
Price Trends
50DMA
0.01
Negative
100DMA
0.01
Negative
200DMA
0.01
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
14.43
Positive
STOCH
9.09
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DAF, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 14.43 is Positive, neither overbought nor oversold. The STOCH value of 9.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DAF.

Discovery Alaska Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
57
Neutral
$7.06B3.04-3.49%5.80%0.53%-50.39%
AUDAF
39
Underperform
AU$2.58M-41.33%85.14%
$1.96B11.6221.73%
$4.93B145.812.27%
$862.17M41.67-5.02%
$556.36M66.55
$2.07B1,408.33-36.53%7.28%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:DAF
Discovery Alaska Limited
0.01
0.00
0.00%
WFRSF
West African Resources Ltd
1.59
0.86
117.81%
LYSCF
Lynas Rare Earths
5.22
0.82
18.64%
RMGGF
Resolute Mining
0.40
0.05
14.29%
BIRNF
BCI Minerals Ltd
0.19
0.04
26.67%
IPGDF
IGO
2.35
-2.47
-51.24%

Discovery Alaska Limited Corporate Events

Discovery Alaska Terminates Vinasale Project Lease to Focus on New Opportunities
May 1, 2025

Discovery Alaska Limited has announced the termination of its Mining Lease Agreement for the Vinasale Project in Alaska, effective 30 June 2025, to preserve funds and focus on its Chulitna Project and new opportunities. The company is actively seeking new projects or asset acquisitions to enhance its portfolio, aiming to increase the overall value for its shareholders.

Discovery Alaska Limited Explores New Opportunities in Alaskan Gold Projects
Apr 15, 2025

Discovery Alaska Limited is actively exploring new project opportunities to enhance its portfolio, focusing on the Vinasale and Chulitna Gold Projects in Alaska. The company is conducting due diligence on potential acquisitions and reviewing its strategy for existing projects, while maintaining prudent financial management with cash reserves of approximately $0.3 million.

Discovery Alaska Limited Releases Half-Year Financial Report
Mar 12, 2025

Discovery Alaska Limited has released its half-year financial report for the period ending December 31, 2024. The report includes various financial statements and declarations, providing insights into the company’s financial performance and position. This announcement is crucial for stakeholders as it offers a comprehensive view of the company’s financial health, which can impact its market positioning and future strategies.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.