Dart Mining NL (AU:DTM)
ASX:DTM
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Dart Mining NL
(Sydney:DTM)
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Rating:45Neutral
Price Target:
AU$0.02
▼(-45.00% Downside)
Action:Reiterated
Date:05/31/26
The score is held down primarily by weak financial performance (losses, revenue dropping to zero, and ongoing cash burn) and bearish technical signals (below key moving averages with negative MACD and very low RSI/Stoch). The main positive is the debt-free balance sheet, while valuation is difficult to assess due to negative earnings and no stated dividend yield.
Positive Factors
Debt-free balance sheet
A zero-debt capital structure materially reduces solvency and interest-rate exposure, preserving financial flexibility. For an exploration-focused company, low leverage extends optionality to fund projects through equity or JV structures and lowers the chance of forced asset sales during drawdowns.
Negative Factors
Persistent operating losses
Repeated and enlarging net losses erode shareholder equity and reduce internal funding capacity. Sustained negative profitability weakens bargaining power for partner financing, heightens dilution risk on future raises, and constrains the company’s ability to progress projects without external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt capital structure materially reduces solvency and interest-rate exposure, preserving financial flexibility. For an exploration-focused company, low leverage extends optionality to fund projects through equity or JV structures and lowers the chance of forced asset sales during drawdowns.
Read all positive factors
Dart Mining NL (DTM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$4.82M
Dividend YieldN/A
Average Volume (3M)660.40K
Price to Earnings (P/E)―
Beta (1Y)3.58
Revenue Growth-100.00%
EPS Growth-214.43%
CountryAU
Employees10
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding209,708,620
10 Day Avg. Volume574,391
30 Day Avg. Volume660,402
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)1.71
Price to Sales (P/S)0.00
P/FCF Ratio-18.17
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
Dart Mining NL Business Overview & Revenue Model
Company Description
Dart Mining NL engages in the exploration of gold and base metal in Australia. The company primarily explores for lithium, silver, copper, molybdenum, zinc, tungsten, tin, and tantalum ores. Its flagship project is the Granite Flat located between...
How the Company Makes Money
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Dart Mining NL Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 301.32K | 1.26K | 13.86K | 29.41K |
| Gross Profit | -9.70K | -19.73K | -1.40M | -662.14K | -229.75K | 18.39K |
| EBITDA | -12.36M | -11.59M | -1.74M | -871.52K | -432.16K | -779.82K |
| Net Income | -11.99M | -11.63M | -1.76M | -912.41K | -454.94K | -790.84K |
Balance Sheet | ||||||
| Total Assets | 18.41M | 16.49M | 21.33M | 22.35M | 18.43M | 15.84M |
| Cash, Cash Equivalents and Short-Term Investments | 402.64K | 525.57K | 230.89K | 190.62K | 375.69K | 1.10M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 719.72K | 922.76K | 965.32K | 2.29M | 656.74K | 834.11K |
| Stockholders Equity | 17.69M | 15.56M | 20.37M | 20.06M | 17.77M | 15.00M |
Cash Flow | ||||||
| Free Cash Flow | -680.16K | -1.47M | -4.25M | -3.44M | -3.95M | -4.58M |
| Operating Cash Flow | -1.17M | -1.03M | -546.02K | -322.96K | -347.83K | -644.66K |
| Investing Cash Flow | -4.17M | -4.26M | -1.14M | -2.63M | -3.49M | -3.87M |
| Financing Cash Flow | 5.34M | 5.58M | 1.73M | 2.77M | 3.11M | 4.72M |
Dart Mining NL 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% | |
50 Neutral | AU$7.37M | -16.75 | -5.13% | ― | ― | 84.39% | |
45 Neutral | AU$4.82M | -0.26 | -72.11% | ― | -100.00% | -214.43% | |
45 Neutral | AU$8.53M | -4.62 | -13.39% | ― | ― | 62.96% | |
45 Neutral | AU$7.94M | -3.37 | -17.72% | ― | ― | 41.18% | |
43 Neutral | AU$5.72M | -0.64 | -91.53% | ― | ― | 4.07% | |
42 Neutral | AU$5.00M | -1.76 | -51.07% | ― | -100.00% | -58.33% |
* Basic Materials Sector Average
AU:DTM
Dart Mining NL
0.02
-0.05
-69.33%
AU:TMS
Tennant Minerals
0.01
<0.01
10.00%
AU:ENT
Enterprise Metals Limited
―
―
―
AU:MQR
Marquee Resources Ltd
0.01
0.00
0.00%
AU:EMA
Equinox Resources Limited
0.05
-0.03
-36.25%
AU:CHR
Charger Metals NL
0.08
0.03
64.00%
Dart Mining NL Corporate Events
Dart Mining Plans Major Share and Option Issue on ASX
May 29, 2026
Dart Mining NL has lodged an Appendix 3B detailing a proposed capital raising via a placement or similar issue structure on the ASX. The company plans to issue up to 57,669,871 new ordinary fully paid shares and 78,640,733 options expiring on 31 O...
Dart Mining Expands Into Pine Creek With Multi‑Commodity NT Tenement Deal
May 29, 2026
Dart Mining NL has agreed to acquire a package of seven exploration licence applications covering about 4,700 square kilometres in the highly mineralised Pine Creek Orogen in Australia’s Northern Territory, for total consideration of A$150,0...
Dart Mining Seeks ASX Trading Halt Ahead of Placement and Acquisition
May 26, 2026
Dart Mining NL has requested and been granted a trading halt on its securities by the ASX, pending the release of a market announcement relating to a proposed share placement and acquisition. The halt will remain in place until the earlier of the ...
Dart Mining Issues New Unquoted Employee Incentive Options
May 1, 2026
Dart Mining NL has notified the market of the issue of 75,000 unquoted options under its employee incentive scheme. The options, exercisable at $0.051 and expiring on 31 October 2028, will not be quoted on the ASX, indicating a targeted use of equ...
Dart Mining posts high-grade gold and antimony results in Queensland drill campaign
Apr 30, 2026
Dart Mining reported strong exploration progress for the March 2026 quarter, highlighted by high-grade rock chip results at its Triumph Gold Project in Central Queensland. Sampling along lodes near the Norton Mine and at the Advance prospect retur...
Dart Mining Confirms Expanding Shallow Gold Zone at Coonambula
Apr 15, 2026
Dart Mining has reported final 2025 assay results from three diamond drill holes at the Coonambula antimony-gold project, confirming a broad, shallow gold zone that extends both down dip and along strike at the Banshee prospect. Notably, hole CBAD...
Dart Mining Secures New Funding and Boosts Cash for Queensland Exploration
Mar 25, 2026
Dart Mining NL has entered into a binding loan agreement arranged by Oakley Capital Partners, securing a $440,000 loan from sophisticated and professional investors on a 12‑month term at 20% interest, with Oakley to receive a 6% fee. The fun...
Dart Mining Uncovers High-Grade Rock Chips to Bolster Triumph Gold Project
Mar 25, 2026
Dart Mining NL has reported high-grade gold and silver results from rock chip sampling at its Triumph Gold Project in Central Queensland, particularly from the Chandlers and Sailor Boy lodes east of the Norton Mine and along strike of the Spotted ...
Dart Mining Agrees $7m Sale of Key Projects to Indigo Metals
Mar 16, 2026
Dart Mining NL has entered into a non-binding term sheet to sell its Mt Unicorn, Sandy Creek and Tallandoon projects to Indigo Metals Limited for total consideration of $7 million plus GST, split between cash and Indigo shares. The deal excludes t...
Dart Mining Sells Buckland Gold Project in Strategic Portfolio Refocus
Mar 16, 2026
Dart Mining NL has entered a binding agreement to sell its 100% interest in the Buckland Gold Project, including key exploration and retention licences and associated habitat units, to Daybreak Minerals for $300,000 in cash. The sale is positioned...
Dart Mining Outlines Corporate Structure in Half-Year 2025 Report
Mar 16, 2026
Dart Mining NL has released its financial report for the half year ended 31 December 2025, detailing its corporate structure and governance arrangements. The report confirms the company’s current board, key executives, registered offices, sh...
Dart Mining Options Lapse, Trim Potential Future Equity
Mar 5, 2026
Dart Mining NL has announced the cessation of several classes of options after the conditional rights attached to these securities lapsed. A total of 1,099,194 options with various exercise prices and expiry dates have been cancelled because their...
Dart Mining Issues New Unquoted Options Under Employee Incentive Scheme
Mar 4, 2026
Dart Mining NL has issued a total of 408,333 unquoted options under its employee incentive scheme, with varying exercise prices and expiries in October 2028. These options are subject to transfer restrictions and will not be quoted on the ASX unti...
Dart Mining Seeks ASX Quotation for New Series of Options
Mar 4, 2026
Dart Mining NL, an ASX-listed mineral exploration company trading under ticker DTM, focuses on identifying and progressing resource projects in Australia. Its operations centre on securing and developing mineral tenements to support long-term grow...
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.