tiprankstipranks
Trending News
More News >
Dynamic Metals Limited (AU:DYM)
ASX:DYM
Australian Market

Dynamic Metals Limited (DYM) AI Stock Analysis

Compare
3 Followers

Top Page

AU:DYM

Dynamic Metals Limited

(Sydney:DYM)

Select Model
Select Model
Select Model
Neutral 52 (OpenAI - 5.2)
Rating:52Neutral
Price Target:
AU$0.68
▲(50.44% Upside)
Action:ReiteratedDate:01/15/26
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and persistent cash burn despite low leverage). Technicals are supportive due to a strong uptrend and positive MACD, but overbought signals (high RSI/Stoch) temper the outlook. Valuation impact is neutral-to-slightly negative because P/E and dividend yield are unavailable.
Positive Factors
Low leverage / strong balance sheet
Very low debt relative to equity materially reduces financial distress risk and preserves strategic optionality. For a development-stage company this provides durable runway flexibility to fund exploration, capex or follow-on programs without immediate solvency pressure, aiding long-term project delivery.
Sizable asset/equity base
A relatively strong asset and equity base gives the business a tangible cushion while it develops operations. That structural capital base supports future capital allocation (project build-out or strategic investment) and reduces the absolute scale of external funding needed to reach commercialization.
Improving free cash flow trend
A marked improvement in free cash flow trajectory signals underlying operational progress or tighter capital spending. If sustained, this trend reduces reliance on external funding, lengthens runway and indicates the company is moving toward converting development spending into more efficient cash use over the medium term.
Negative Factors
No revenue / pre-revenue profile
Absence of revenue makes it difficult to validate product-market fit or core commercial economics. With no operating sales history, long-term viability depends on development milestones and future commercialization, raising execution risk and making durable forecasting and margin assumptions uncertain.
Persistent negative operating cash flow
Consistent negative operating and free cash flow reflects ongoing cash burn that will require external financing over time. This structural funding need increases dilution or refinancing risk, pressures management priorities, and can constrain reinvestment choices until sustainable cash generation is achieved.
Low earnings quality and income volatility
Earnings driven by non-operating items and year-to-year volatility undermine reliability of reported profits. This weak earnings quality complicates credit assessment, performance benchmarking and investor confidence, and signals that reported profits may not reflect enduring operational strength.

Dynamic Metals Limited (DYM) vs. iShares MSCI Australia ETF (EWA)

Dynamic Metals Limited Business Overview & Revenue Model

Company DescriptionDynamic Metals Limited engages in the exploration and development of minerals in Western Australia. It holds interests in the Widgiemooltha lithium, nickel, and gold project; the Lake Percy lithium and nickel project; and the Deep Well nickel, copper, and PGE project located in Western Australia. The company was incorporated in 2022 and is based in West Perth, Australia.
How the Company Makes MoneyDynamic Metals Limited generates revenue through the sale of its metal products to various industries, including manufacturing, technology, and construction. The company's key revenue streams include direct sales of raw and processed metals, long-term supply contracts with industrial clients, and strategic partnerships with technology companies that require specialized metals for production. Additionally, Dynamic Metals benefits from fluctuations in metal prices, leveraging its market expertise to optimize sales and pricing strategies. The company's focus on sustainable practices and cutting-edge technology also attracts environmentally conscious customers and partners, further contributing to its revenue growth.

Dynamic Metals Limited Financial Statement Overview

Summary
Financials suggest a development/pre-revenue profile with no revenue reported, recurring operating losses, and consistently negative operating/free cash flow (ongoing cash burn). A key offset is very low leverage and a relatively strong asset/equity base, but earnings quality appears weak given profit volatility alongside negative operating cash flow.
Income Statement
22
Negative
The company reports no revenue across the provided annual periods, indicating it is likely pre-revenue or not yet operating at commercial scale. Profitability is weak with persistent operating losses (negative EBIT/EBITDA) in 2023–2025, and net income is volatile—2024 shows a profit while 2023 and 2025 are losses, suggesting earnings are driven by non-operating items rather than core operations. Overall, the income profile reflects limited operating traction and low earnings quality.
Balance Sheet
74
Positive
Balance sheet leverage is very low, with minimal total debt relative to equity in 2023–2025, which reduces financial risk. Equity and total assets are sizable versus debt, providing a cushion to fund ongoing development. The key weakness is that returns on equity are inconsistent and often negative (despite a strong positive figure in 2024), reflecting that the capital base is not yet producing stable operating returns.
Cash Flow
27
Negative
Cash generation is weak: operating cash flow is negative in 2023–2025 and free cash flow is materially negative each year, indicating ongoing cash burn. While free cash flow ‘growth’ shows a sharp improvement in 2025 versus 2024, the absolute level remains deeply negative. The gap between cash flow and reported earnings (notably the 2024 profit alongside negative operating cash flow) also points to lower earnings quality and continued funding dependence.
BreakdownJun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue0.000.000.000.00
Gross Profit0.000.000.000.00
EBITDA-1.01M-1.02M-932.46K-932.46K
Net Income-646.60K2.89M-838.88K-838.88K
Balance Sheet
Total Assets12.12M12.90M8.88M55.83K
Cash, Cash Equivalents and Short-Term Investments3.15M2.17M4.41M0.00
Total Debt65.39K31.41K68.88K0.00
Total Liabilities1.10M1.29M310.57K66.28K
Stockholders Equity11.02M11.60M8.57M-10.45K
Cash Flow
Free Cash Flow-2.57M-2.64M-2.00M0.00
Operating Cash Flow-678.63K-199.50K-314.62K0.00
Investing Cash Flow1.71M-2.00M-1.43M0.00
Financing Cash Flow-52.91K-42.14K6.16M0.00

Dynamic Metals Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.45
Price Trends
50DMA
0.53
Positive
100DMA
0.43
Positive
200DMA
0.35
Positive
Market Momentum
MACD
0.04
Negative
RSI
64.85
Neutral
STOCH
77.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DYM, the sentiment is Positive. The current price of 0.45 is below the 20-day moving average (MA) of 0.59, below the 50-day MA of 0.53, and above the 200-day MA of 0.35, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 64.85 is Neutral, neither overbought nor oversold. The STOCH value of 77.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:DYM.

Dynamic Metals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
52
Neutral
AU$34.11M
47
Neutral
AU$5.98M-4.58-38.30%61.60%
45
Neutral
AU$19.16M-41.94
44
Neutral
AU$5.76M-10.86-38.56%21.62%
43
Neutral
AU$8.78M-0.63-78.12%-349.06%
38
Underperform
AU$4.73M-5.00-26.98%4.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:DYM
Dynamic Metals Limited
0.65
0.34
109.68%
AU:OKJ
Oakajee Corporation Ltd
0.06
0.05
530.00%
AU:KLR
Kaili Resources Limited
0.13
0.09
225.00%
AU:SLZ
Sultan Resources Ltd.
0.02
<0.01
50.00%
AU:AIV
ActivEX Limited
0.02
<0.01
10.00%
AU:PRL
Province Resources Ltd
0.01
-0.03
-75.00%

Dynamic Metals Limited Corporate Events

Dynamic Metals Issues New Shares on Option Exercise, Confirms Regulatory Compliance
Jan 15, 2026

Dynamic Metals Limited has issued 606,250 fully paid ordinary shares following the exercise of the remaining options exercisable at $0.30 each, ahead of their January 2026 expiry. The company has confirmed that these shares were issued without a disclosure document under the Corporations Act but stated it remains compliant with its financial reporting and continuous disclosure obligations, and that there is no excluded information requiring disclosure, signaling regulatory adherence as it modestly expands its capital base.

The most recent analyst rating on (AU:DYM) stock is a Hold with a A$0.60 price target. To see the full list of analyst forecasts on Dynamic Metals Limited stock, see the AU:DYM Stock Forecast page.

Dynamic Metals Seeks ASX Quotation for Additional 606,250 Shares
Jan 15, 2026

Dynamic Metals Limited has applied to the Australian Securities Exchange (ASX) for quotation of 606,250 new ordinary fully paid shares, to be traded under its existing ticker DYM. The additional securities, issued on 15 January 2026 following the exercise or conversion of existing options or other convertible instruments, will modestly increase the company’s free float and share capital base, potentially enhancing liquidity for investors while signaling continued engagement with equity-based funding mechanisms.

The most recent analyst rating on (AU:DYM) stock is a Hold with a A$0.60 price target. To see the full list of analyst forecasts on Dynamic Metals Limited stock, see the AU:DYM Stock Forecast page.

Dynamic Metals Director Karen Wellman Awarded Additional Performance Rights
Jan 8, 2026

Dynamic Metals Limited has disclosed a change in the interests of director Karen Wellman following the issue of new equity-based incentives. Wellman has been granted 250,000 Class D Performance Rights, approved by shareholders at the company’s 20 November 2025 annual general meeting, in addition to her existing shareholding and options held directly and via the Serpentine Investment Trust. The nil-cost performance rights issuance strengthens the director’s equity alignment with shareholders and signals continued use of performance-based remuneration to incentivise leadership, without any immediate cash impact on the company.

The most recent analyst rating on (AU:DYM) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Dynamic Metals Limited stock, see the AU:DYM Stock Forecast page.

Dynamic Metals Issues 250,000 Unquoted Class D Performance Rights Under Incentive Scheme
Jan 8, 2026

Dynamic Metals Limited has notified the ASX of the issue of 250,000 unquoted Class D performance rights under its employee incentive scheme, with the securities not intended to be quoted on the exchange. The move expands the company’s pool of unquoted equity-based incentives, aligning employee remuneration with shareholder interests and signalling continued use of performance-linked securities to retain and motivate key staff.

The most recent analyst rating on (AU:DYM) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Dynamic Metals Limited stock, see the AU:DYM Stock Forecast page.

Dynamic Metals Issues New Shares on Option Exercise, Confirms Ongoing Compliance
Jan 5, 2026

Dynamic Metals Limited has issued 63,326 new fully paid ordinary shares following the exercise of options priced at $0.30 and expiring on 16 January 2026, modestly increasing its share capital. The company has confirmed that these shares were issued without a prospectus under the relevant Corporations Act provisions and that it remains compliant with its financial reporting and continuous disclosure obligations, with no excluded information requiring disclosure, which helps maintain regulatory transparency and supports investor confidence in its capital management as it advances its exploration portfolio.

The most recent analyst rating on (AU:DYM) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Dynamic Metals Limited stock, see the AU:DYM Stock Forecast page.

Dynamic Metals Seeks ASX Quotation for Additional Ordinary Shares
Jan 5, 2026

Dynamic Metals Limited has applied to the ASX for quotation of 63,326 new fully paid ordinary shares, issued following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted capital reflects ongoing conversion activity by holders, slightly expanding the company’s free float and potentially improving liquidity for shareholders, though without indicating any broader capital raising or strategic shift at this stage.

The most recent analyst rating on (AU:DYM) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Dynamic Metals Limited stock, see the AU:DYM Stock Forecast page.

Dynamic Metals Issues New Shares on Option Exercise, Affirms Compliance
Dec 29, 2025

Dynamic Metals Limited has issued 606,250 fully paid ordinary shares following the exercise of options priced at $0.30 and expiring on 16 January 2026, modestly increasing its equity base. The company confirmed that the new shares were issued without a prospectus under the Corporations Act’s disclosure exemptions, while affirming it remains compliant with key financial reporting and continuous disclosure obligations and that there is no undisclosed price-sensitive information, a stance aimed at reassuring investors about governance and transparency as it advances its exploration agenda.

Dynamic Metals Seeks ASX Quotation for 606,250 New Shares
Dec 29, 2025

Dynamic Metals Limited has lodged an application with the ASX for quotation of 606,250 new fully paid ordinary shares, to be issued on 29 December 2025. The move modestly increases the company’s quoted share capital, which may reflect the exercise of options or conversion of other securities and could marginally enhance the stock’s liquidity for existing and prospective investors.

Dynamic Metals Director Increases Equity Stake Through Option Exercise
Dec 22, 2025

Dynamic Metals Limited has disclosed a change in director Justin Mannolini’s holdings, with the director exercising options to increase his stake in the company’s ordinary shares. Mannolini converted 500,000 options, exercisable at $0.30 and expiring in January 2026, into 500,000 fully paid ordinary shares at $0.30 per share, lifting his direct holding to 1.1 million shares while retaining 500,000 longer-dated options and leaving his indirect holdings via Sliphox Holdings Pty Ltd unchanged. The transaction, which reflects a shift from derivative to equity exposure, modestly increases director alignment with shareholders but does not alter the company’s capital structure beyond the option exercise itself.

Dynamic Metals Director Increases Shareholding Through Option Exercise
Dec 22, 2025

Dynamic Metals Limited has announced a change in the indirect holdings of director Lindsay Dudfield, managed through the LG Dudfield Pension Fund account, which holds the director’s interests in the company’s securities. The fund has exercised 500,000 options at an exercise price of A$0.30 per share, converting them into 500,000 fully paid ordinary shares and thereby increasing its total shareholding to 1,950,000 fully paid ordinary shares, while retaining 500,000 options exercisable at A$0.495 expiring on 21 November 2028; no changes were reported in any related contracts, and the transaction was recorded as an exercise of options rather than an on-market trade.

Dynamic Metals Director Increases Equity Stake Through Cashless Option Exercise
Dec 22, 2025

Dynamic Metals Limited has disclosed a change in the interests of director Karen Wellman, who has exercised 2,000,000 options at $0.30 per share using a cashless exercise facility, resulting in the acquisition of 382,749 fully paid ordinary shares and the cancellation of those options. Following the transaction, Wellman’s direct and indirect holdings now comprise 250,000 shares in her own name and 849,734 shares plus 2,000,000 remaining options (exercisable at $0.495 and expiring in November 2028) via the Serpentine Investment Trust, increasing her equity exposure and aligning her interests more closely with those of other shareholders without introducing any new contractual interests.

Dynamic Metals Issues New Shares on Option Exercise, Confirms Disclosure Compliance
Dec 22, 2025

Dynamic Metals Limited has issued 1,574,124 fully paid ordinary shares following the exercise of options priced at A$0.30 and expiring on 16 January 2026, modestly expanding its capital base and adding to its cash resources ahead of its planned exploration activities. The company confirmed that the new shares were issued without a prospectus under the Corporations Act disclosure exemptions and stated that it remains compliant with its periodic and continuous disclosure obligations, signalling to investors that no additional material information is being withheld that would normally be expected in a formal disclosure document.

Dynamic Metals Seeks ASX Quotation for 1.57 Million New Shares
Dec 22, 2025

Dynamic Metals Limited has applied to the ASX for quotation of 1,574,124 new ordinary fully paid shares, with an issue date of 22 December 2025, following the exercise or conversion of existing options or other convertible securities. The additional quoted securities will modestly increase the company’s free float and share capital, potentially enhancing liquidity for investors and reflecting ongoing capital management activity as the company advances its strategy in the metals sector.

Dynamic Metals Directors Exercise Options, Bolstering Cash for 2026 Exploration
Dec 22, 2025

Dynamic Metals Limited has strengthened its balance sheet after directors and management exercised a total of 4 million options priced at $0.30 and expiring in January 2026, resulting in the issue of 1,574,124 new ordinary shares. Chairman Justin Mannolini and non-executive director Lindsay Dudfield exercised their options in full, contributing $300,000 in cash to the company, while the remaining options were exercised by management through a cashless exercise mechanism; following these transactions, Dynamic reports it remains well funded with pro forma cash of $3.09 million as at 30 November 2025 to support an active exploration program planned for 2026.

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.Date of analysis: Jan 15, 2026