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$120.71M
Enterprise ValueAU$60.27M
Total Cash (Recent Filing)AU$24.16M
Total Debt (Recent Filing)AU$96.84K
Price to Earnings (P/E)―
Beta1.15
Next Earnings
Sep 29, 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 indicates minimal financial leverage, reducing solvency risk and preserving optionality. Structurally, low leverage helps the company survive exploration cycles, maintain access to capital markets, and avoid debt-servicing constraints that could impede long-term project advancement.
Exploration-focused Business ModelDevEx's core model — discovering and advancing mineral tenements — offers scalable upside: a successful discovery converts exploration expenditure into a high-value asset. Over months, disciplined project advancement can materially increase optionality for JV, farm-out, or sale outcomes that drive long-term value creation.
Low Operating OverheadA very small employee base implies low fixed overhead, enabling more capital allocation toward exploration activities rather than recurring SG&A. Structurally this limits cash burn from payroll, improving the company's ability to sustain operations between financings and direct funds to priority drills or tenement work.
Bears Say
Revenue DeclineA steep revenue drop of ~53% signals material deterioration in top-line capacity to generate operating inflows. Over the medium term this reduces internal funding for exploration, increases dependency on external capital, and limits the company's ability to scale or advance projects without dilutive financings.
Persistent Losses And Negative ROESustained negative profitability and a deeply negative ROE reflect inability to convert capital into returns. Structurally, this erodes shareholder equity, constrains reinvestment capacity, and signals operational inefficiencies; absent a major discovery or capital injection, long-term value creation is impaired.
Negative Cash Flow ProfilePersistently negative operating and free cash flows limit the firm's capacity to fund exploration from operations. Over months this increases reliance on external financing, raising dilution and execution risk, and reduces flexibility to sustain systematic drilling or advance tenements without compromising capital structure.
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$120.71M.
When is DevEx Resources Ltd’s upcoming earnings report date?
DevEx Resources Ltd’s upcoming earnings report date is Sep 29, 2026 which is in 180 days.
How were DevEx Resources Ltd’s earnings last quarter?
DevEx Resources Ltd released its earnings results on Mar 13, 2026. The company reported -AU$0.013 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.013.
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$0.013 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4.651%.
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
Fundamentals
Return on Equity
-38.38%
Trailing 12-Months
Asset Growth
89.61%
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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