Desoto Resources Ltd. (AU:DES)
ASX:DES
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Desoto Resources Ltd.
(Sydney:DES)
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Rating:44Neutral
Price Target:
AU$0.16
▲(10.71% Upside)
Action:ReiteratedDate:03/24/26
The score is primarily pressured by weak financial performance (widening losses and worsening cash burn), with only the low-debt balance sheet providing support. Technical signals also indicate a weak trend (below major moving averages with negative MACD). Valuation adds limited support because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Conservative balance sheet / low leverage
Very low debt (debt-to-equity ~0.8% in FY2025) provides durable financial flexibility. This reduces near-term insolvency risk, lowers fixed financing costs, and gives management scope to fund operations or strategic moves without immediate refinancing pressure, important over the next 2–6 months.
Negative Factors
Widening net losses
Materially larger net losses year-over-year indicate persistent profitability issues. Continued widening losses erode shareholder equity, increase reliance on external capital, limit reinvestment capacity, and make it harder to demonstrate a sustainable path to positive earnings over months ahead.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet / low leverage
Very low debt (debt-to-equity ~0.8% in FY2025) provides durable financial flexibility. This reduces near-term insolvency risk, lowers fixed financing costs, and gives management scope to fund operations or strategic moves without immediate refinancing pressure, important over the next 2–6 months.
Read all positive factors
Desoto Resources Ltd. (DES) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$40.13M
Dividend YieldN/A
Average Volume (3M)649.52K
Price to Earnings (P/E)―
Beta (1Y)-0.39
Revenue GrowthN/A
EPS Growth-173.46%
CountryAU
Employees7
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.04
Shares Outstanding276,785,580
10 Day Avg. Volume1,200,041
30 Day Avg. Volume649,518
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)1.09
Price to Sales (P/S)11495.81
P/FCF Ratio-3.91
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
Desoto Resources Ltd. Business Overview & Revenue Model
Company Description
Desoto Resources Limited, a mineral exploration company, focuses on the acquisition and exploration of gold and lithium deposits in the Northern Territory. It holds 100% interest in the Pine Creek project that consists of six granted licenses cove...
How the Company Makes Money
null...
Desoto Resources Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
66
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.25K | 1.25K | 1.06K | 0.00 | 0.00 |
| Gross Profit | -32.96K | 1.25K | -64.85K | -66.55K | -4.73K |
| EBITDA | -7.43M | -2.93M | -1.62M | -1.39M | -149.18K |
| Net Income | -7.42M | -2.91M | -1.69M | -1.46M | -154.61K |
Balance Sheet | |||||
| Total Assets | 22.34M | 14.09M | 9.55M | 10.60M | 1.22M |
| Cash, Cash Equivalents and Short-Term Investments | 12.73M | 6.24M | 5.66M | 8.66M | 881.15K |
| Total Debt | 87.78K | 100.87K | 157.35K | 213.54K | 270.30K |
| Total Liabilities | 462.95K | 890.78K | 511.54K | 450.94K | 353.83K |
| Stockholders Equity | 21.88M | 13.20M | 9.04M | 10.15M | 868.04K |
Cash Flow | |||||
| Free Cash Flow | -6.90M | -3.68M | -3.10M | -1.78M | -141.50K |
| Operating Cash Flow | -7.00M | -2.71M | -1.56M | -1.19M | -128.54K |
| Investing Cash Flow | -2.53M | -1.23M | 536.26K | -2.59M | -12.96K |
| Financing Cash Flow | 18.09M | 4.52M | 18.30K | 9.56M | 1.02M |
Desoto Resources Ltd. Technical Analysis
Positive
0.14
Price Trends
0.16
Positive
0.16
Negative
0.17
Negative
Market Momentum
<0.01
Negative
53.93
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DES, the sentiment is Positive. The current price of 0.14 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.16, and below the 200-day MA of 0.17, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.93 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:DES.
Desoto Resources Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$39.28M | -43.39 | -16.47% | ― | ― | 84.52% | |
51 Neutral | AU$45.04M | -0.34 | -34.59% | ― | ― | ― | |
50 Neutral | AU$42.77M | -4.79 | -14.34% | ― | ― | 15.79% | |
45 Neutral | AU$39.06M | -33.33 | -28.53% | ― | ― | ― | |
44 Neutral | AU$40.13M | -1.53 | -42.31% | ― | ― | -173.46% | |
42 Neutral | AU$38.52M | -7.10 | -99.27% | ― | ― | 54.55% |
* Basic Materials Sector Average
AU:DES
Desoto Resources Ltd.
0.15
-0.02
-12.12%
AU:MRD
Mount Ridley Mines Limited
0.03
0.02
141.67%
AU:MRR
MinRex Resources Limited
0.02
<0.01
81.82%
AU:PL9
Arizona Lithium Limited
0.01
0.00
0.00%
AU:KLI
Killi Resources Limited
0.24
0.20
535.14%
AU:OD6
OD6 Metals Ltd.
0.16
0.12
400.00%
Desoto Resources Ltd. Corporate Events
DeSoto widens Siguiri gold footprint as Koba assays impress
Apr 20, 2026
DeSoto Resources expanded its strategic footprint in Guinea’s Siguiri Basin during the March 2026 quarter, acquiring 532 square kilometres of new ground from United Mining SARL and lifting its contiguous southwest project area to 687 square ...
DeSoto Resources Ramps Up Siguiri Gold Exploration With High-Grade Timbakouna Results
Apr 19, 2026
DeSoto Resources has reported encouraging channel sampling results from artisanal workings at its Timbakouna Project in Guinea, including high-grade gold intervals and multiple emerging plus-one-kilometre gold trends that reinforce the area as a k...
Desoto Resources Expands Guinea Footprint Along Siguiri Gold Trend
Mar 11, 2026
Desoto Resources has expanded its Guinea portfolio by acquiring the Dalaban, Woussoubadou and Branama projects in southwest Siguiri, adding 242 square kilometres of ground along the Siguiri Gold Mineralisation Trend. These new assets sit within a ...
Desoto Resources Plans Share Placement to Boost Capital Base
Mar 11, 2026
Desoto Resources Limited has lodged an Appendix 3B with the ASX outlining a proposed placement of up to 1,702,741 new fully paid ordinary shares. The new securities, which are expected to be issued on 31 March 2026, will increase the company’...
DeSoto Resources Details Governance in Half-Year Report
Feb 23, 2026
DeSoto Resources Limited has released its half-year report for the period ended 31 December 2025, outlining its corporate structure and key governance roles, including its directors, company secretary, and key external advisers such as its auditor...
DeSoto Resources Highlights Expanding Exploration Footprint in Guinea’s Siguiri Basin
Feb 9, 2026
DeSoto Resources has outlined its strategy to build a commanding exploration position in Guinea’s Siguiri Basin, highlighting a growing pipeline of greenfields projects in a region it brands as highly prospective “elephant country.R...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.