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District Metals (DMXCF)
OTHER OTC:DMXCF
DMXCF Stock Chart & Stats
$0.83
<$0.01(3.07%)
At close: 4:00 PM EST
$0.83
<$0.01(3.07%)
Day’s Range― - ―
52-Week Range$0.18 - $1.17
Previous CloseN/A
Volume36.07K
Average Volume (3M)60.35K
Market Cap
$61.22M
Enterprise Value$74.29M
Total Cash (Recent Filing)$9.35M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.53
Next Earnings
Jun 03, 2026Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.00
Shares Outstanding176,030,230
10 Day Avg. Volume79,368
30 Day Avg. Volume60,346
Financial Highlights & Ratios
PEG Ratio-2.26
Price to Book (P/B)5.01
Price to Sales (P/S)0.00
P/FCF Ratio-24.88
Enterprise Value/Market Cap1.21
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda-18.52
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
Balance Sheet StrengthZero reported debt with rising equity (~$20M TTM) gives District Metals durable financial flexibility uncommon for early explorers. This reduces near-term insolvency risk, allows continued funding of drilling and surveys without mandatory debt servicing, and preserves optionality for strategic partnerships.
Growing Asset BaseThe company’s expanding asset base and materially higher equity reflect successful capital raises and accumulated exploration value. A larger asset and equity base supports multi-year programs, makes the company a more credible JV or offtake partner, and improves long-term ability to monetize discoveries.
Focused Exploration StrategyA clear, concentrated business model—acquiring mineral rights and advancing polymetallic projects in Sweden—creates structural clarity. Specialization in base and precious metals aligns with durable industrial demand and gives management a focused pathway to create value via discovery, JV, or asset sale.
Bears Say
Pre-revenue ProfileAbsent operating revenue leaves value reliant on successful exploration outcomes and external financing. This structurally limits earnings visibility and makes long-term returns contingent on discovery, delineation and partner interest, increasing execution risk for shareholders over the next 2–6 months and beyond.
Negative Cash GenerationSustained and worsening negative operating and free cash flow indicate persistent cash burn to fund exploration. This creates a durable funding requirement that will likely necessitate equity raises or partner funding, increasing dilution risk and potentially interrupting long-term programs if capital markets tighten.
Negative Returns On EquityA materially negative ROE shows shareholder capital has not yet generated value and highlights the risk profile of early-stage exploration. Continued negative returns make future equity financings more dilutive and costly, undermining long-term capital efficiency unless exploration success reverses the trend.
District Metals News
DMXCF FAQ
What was District Metals’s price range in the past 12 months?
District Metals lowest stock price was $0.18 and its highest was $1.17 in the past 12 months.
What is District Metals’s market cap?
District Metals’s market cap is $61.22M.
When is District Metals’s upcoming earnings report date?
District Metals’s upcoming earnings report date is Jun 03, 2026 which is in 88 days.
How were District Metals’s earnings last quarter?
District Metals released its earnings results on Feb 27, 2026. The company reported $0 earnings per share for the quarter, beating the consensus estimate of -$0.007 by $0.007.
Is District Metals overvalued?
According to Wall Street analysts District Metals’s price is currently Overvalued.
Does District Metals pay dividends?
District Metals does not currently pay dividends.
What is District Metals’s EPS estimate?
District Metals’s EPS estimate is 0.
How many shares outstanding does District Metals have?
District Metals has 176,030,230 shares outstanding.
What happened to District Metals’s price movement after its last earnings report?
District Metals reported an EPS of $0 in its last earnings report, beating expectations of -$0.007. Following the earnings report the stock price went down -4.23%.
Which hedge fund is a major shareholder of District Metals?
Currently, no hedge funds are holding shares in DMXCF
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
District Metals Stock Smart Score
Underperform
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
213.65%
12-Months-Change
Fundamentals
Return on Equity
-21.50%
Trailing 12-Months
Asset Growth
41.28%
Trailing 12-Months
Company Description
District Metals
District Metals Corp., a junior mineral exploration stage company, acquires, explores for, and evaluates natural resource properties. The company holds a 100% interest in the Tomtebo property covering an area of 5,143.86 hectares; and Svärdsjö property covering an area of 1,037 hectares located in the Bergslagen mining district of south-central Sweden. It also owns a 100% interest in the Gruvberget property covering an area of 5,286 hectares located in Bergslagen mining district; and 20% interest in the Bakar property covering an area of 9,318 hectares located in North Vancouver Island in British Columbia, Canada. The company was formerly known as MK2 Ventures Ltd. and changed its name to District Metals Corp. in July 2019. The company was incorporated in 1989 and is based in Vancouver, Canada.
Technical Analysis
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Ownership Overview
4.02% Insiders
<0.01% Other Institutional Investors
95.98% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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