DevEx Resources Ltd (AU:DEV)
ASX:DEV
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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$145.57M
Enterprise ValueAU$69.39M
Total Cash (Recent Filing)AU$24.16M
Total Debt (Recent Filing)AU$96.84K
Price to Earnings (P/E)―
Beta1.60
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 of 0.01 means minimal financial leverage, reducing insolvency risk and preserving balance-sheet flexibility. For an exploration company this durable prudence allows funding options (farm-outs, equity raises) without heavy interest burdens that can impede long-term project advancement.
Exposure To Critical MineralsDevEx's focus on uranium and copper aligns with structural demand drivers—nuclear energy fuel needs and electrification/renewables demand for copper. This sector alignment supports lasting asset value optionality if exploration succeeds, making project outcomes potentially more commercially attractive to partners.
Monetisation/funding ModelA business model built on asset sales, farm-outs and royalties provides durable paths to advance projects without sole reliance on internal capital. This model gives strategic optionality to de-risk exploration, attract partners to fund drilling, and monetize discoveries while limiting upfront corporate capex requirements.
Bears Say
Sharp Revenue Decline & LossesA >50% revenue drop combined with durable negative net margins signals the company is not converting activity into profitable operations. Over a multi-month horizon, this weak earnings trend undermines self-funding, increases reliance on dilutive capital raises, and reduces the firm's ability to organically advance projects.
Negative Operating And Free Cash FlowPersistently negative operating and free cash flow mean the company cannot generate internal cash to fund exploration or cover expenses. This structural cash shortfall forces recurring external financing, heightens dilution risk, and constrains the company’s ability to time or fund high-impact drilling and technical studies.
Poor Returns On EquityA -66% ROE reflects persistent capital destruction rather than value creation. Even with low debt, poor ROE suggests weak project economics, high operating costs or capital deployment inefficiency. Over 2-6 months this undermines investor confidence and raises the cost or scarcity of non-dilutive partner funding.
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$145.57M.
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 155 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 75%
Sector Average 75%
Insider Transactions
Bought Shares
Worth AU$3.8M 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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