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Dome Gold Mines Ltd. (AU:DME)
ASX:DME
Australian Market

Dome Gold Mines Ltd. (DME) AI Stock Analysis

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AU

Dome Gold Mines Ltd.

(Sydney:DME)

Rating:32Underperform
Price Target:
Dome Gold Mines Ltd. shows significant financial risk with consistent losses and no revenue generation, leading to a poor financial performance score. Technical indicators suggest the stock is currently overbought, raising concerns about sustainability of the upward trend. The negative valuation metrics, including a negative P/E ratio and lack of dividends, further contribute to a low overall stock score. Investors should exercise caution given these factors.

Dome Gold Mines Ltd. (DME) vs. iShares MSCI Australia ETF (EWA)

Dome Gold Mines Ltd. Business Overview & Revenue Model

Company DescriptionDome Gold Mines Ltd, together with its subsidiaries, engages in the exploration and evaluation of mineral projects in Fiji. It explores for gold, copper, and silver deposits, as well as mineral sands. The company holds 100% interests in three special prospecting licenses (SPLs), including the SPL 1495 Sigatoka Iron and Industrial Sand project covering an area of 2,522.69 hectares, which is situated on the south coast of Viti Levu; the SPL 1451 Ono Island project covering an area of 3,028 hectares that is located on Ono Island; and the SPL 1452 Nadrau project covering an area of 33,213 hectares, which is located on the main island of Viti Levu. Dome Gold Mines Ltd was incorporated in 2011 and is headquartered in Sydney, Australia.
How the Company Makes MoneyDome Gold Mines Ltd. generates revenue primarily through the exploration, development, and eventual production of mineral resources, specifically gold and copper. The company invests in identifying and developing mining projects with significant mineral potential. Once these projects reach production, Dome Gold Mines Ltd. earns money by extracting and selling the minerals on global markets. Additionally, the company may enter into joint ventures and partnerships with other mining entities to share the costs and profits associated with exploration and mining activities. These collaborations can provide additional revenue streams and reduce financial risks associated with large-scale mining operations.

Dome Gold Mines Ltd. Financial Statement Overview

Summary
Dome Gold Mines Ltd. faces significant financial challenges, with no revenue generation and ongoing losses. The balance sheet shows a mix of increasing equity but rising debt levels, suggesting a cautious financial position. Cash flow issues highlight the need for better operational management and potential funding to sustain future operations. Overall, the company displays high financial risk with limited growth prospects.
Income Statement
10
Very Negative
Dome Gold Mines Ltd. has consistently reported zero revenue over the years, resulting in negative gross profit and net income. The company is struggling with significant losses, as evidenced by the negative EBIT and EBITDA margins. The lack of revenue growth indicates challenges in scaling operations or market penetration.
Balance Sheet
20
Very Negative
The balance sheet shows a gradual increase in stockholders' equity, which is a positive sign. However, the debt-to-equity ratio has increased slightly over the years, indicating rising leverage. The equity ratio remains relatively stable, suggesting some financial stability, but the high debt levels pose a risk.
Cash Flow
15
Very Negative
Operating cash flows are consistently negative, reflecting poor operational efficiency. The company has not generated positive free cash flow, indicating challenges in sustaining operations without external financing. The increasing free cash flow deficit raises concerns about long-term financial sustainability.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-1.80K-4.39K-5.98K-6.65K-149.00K-249.00K
EBIT
-636.00K-2.11M-1.98M-1.90M-1.96M
EBITDA
-1.05M-2.10M-2.98M-1.98M-1.99M-1.68M
Net Income Common Stockholders
-2.19M-2.99M-1.99M-2.24M-2.00M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.21M8.50K100.47K4.13M200.57K13.64K
Total Assets
38.31M36.53M36.11M38.35M33.05M33.16M
Total Debt
738.25K920.69K327.17K22.66K899.45K1.35M
Net Debt
-469.74K919.70K226.71K-4.11M698.89K1.33M
Total Liabilities
928.37K1.61M574.99K439.93K1.19M1.66M
Stockholders Equity
37.38M34.92M35.54M37.91M31.86M31.50M
Cash FlowFree Cash Flow
-2.21M-4.57M-2.78M-2.05M-2.49M
Operating Cash Flow
-1.79M-2.00M-1.84M-1.88M-1.68M
Investing Cash Flow
-419.45K-2.71M-942.04K-174.97K-800.12K
Financing Cash Flow
2.11M680.40K6.72M2.25M2.48M

Dome Gold Mines Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.19
Price Trends
50DMA
0.19
Negative
100DMA
0.19
Positive
200DMA
0.17
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
21.29
Positive
STOCH
98.55
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DME, the sentiment is Negative. The current price of 0.19 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.19, and above the 200-day MA of 0.17, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 21.29 is Positive, neither overbought nor oversold. The STOCH value of 98.55 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DME.

Dome Gold Mines Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$1.99B-1.26-21.11%5.30%2.92%-30.46%
AUDME
32
Underperform
AU$79.16M-6.28%
$9.87M-53.93%
$18.43M8.3315.74%
AUCZR
43
Neutral
AU$54.45M4.38-89.23%-297.36%
AUNMR
38
Underperform
AU$188.26M-1217.52%23.15%
AUCNB
35
Underperform
AU$86.79M-27.89%55.31%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:DME
Dome Gold Mines Ltd.
0.19
0.02
11.76%
ARTTF
Artemis Resources
0.01
-0.01
-50.00%
HMRRF
Hammer Metals Limited
0.03
-0.01
-25.00%
AU:CZR
CZR Resources Ltd
0.23
-0.05
-17.86%
AU:CNB
Carnaby Resources Ltd.
0.38
-0.12
-24.00%
AU:NMR
Native Mineral Resources Holdings Ltd.
0.20
0.18
900.00%

Dome Gold Mines Ltd. Corporate Events

Dome Gold Mines Announces Cessation of Securities
May 5, 2025

Dome Gold Mines Ltd. has announced the cessation of 11,047,348 securities due to the expiry of options or other convertible securities without exercise or conversion. This development may impact the company’s capital structure and could influence its market positioning by potentially affecting investor perceptions and future capital-raising activities.

Dome Gold Mines Expands Share Capital with New Issuance
May 2, 2025

Dome Gold Mines Ltd has issued over 20 million new fully paid ordinary shares following the conversion of unlisted options at an issue price of $0.10. This move, which was executed without disclosure to investors under specific provisions of the Corporations Act, indicates the company’s compliance with relevant legal requirements and suggests a strategic effort to enhance its capital structure.

Dome Gold Mines Ltd. Issues New Securities on ASX
May 2, 2025

Dome Gold Mines Ltd. has announced the issuance of 20,202,652 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code DME. This move could potentially enhance the company’s liquidity and market presence, offering stakeholders an opportunity to invest in its growth and development within the mining industry.

Dome Gold Mines Announces Change in Substantial Holder Interests
May 1, 2025

Dome Gold Mines Ltd. has announced a change in the interests of its substantial holder, Tadao Tsubata, along with Blue Ridge Interactive Limited and Tiger Ten Investments Limited. The change, effective from April 30, 2025, involves a slight decrease in voting power from 12.32% to 12.10% due to the sale of 44,500 ordinary shares by Blue Ridge Interactive Limited. This adjustment in shareholding reflects a minor shift in the company’s ownership structure, which may have implications for its governance and decision-making processes.

Dome Gold Mines Announces Director’s Interest Change
May 1, 2025

Dome Gold Mines Ltd has announced a change in the director’s interest notice for Mr. Tadao Tsubata. The notice details the transfer of 44,500 ordinary shares from a trust account to individual personal accounts, resulting in a revised holding of 46,082,449 shares indirectly held by Blue Ridge Interactive Limited. This change reflects ongoing adjustments in the company’s shareholding structure, which may impact stakeholder perceptions and the company’s market positioning.

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.