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Desert Mountain Energy Corp
(DME)
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Rating:45Neutral
Price Target:
C$0.21
▼(-4.55% Downside)
Action:Reiterated
Date:05/29/26
The score is driven primarily by weak operating performance and persistent cash burn, partially offset by a debt-free balance sheet with sizable equity. Technical indicators add pressure (below key moving averages with negative MACD), while valuation provides limited support due to negative earnings and no dividend data.
Positive Factors
Debt-free balance sheet
A debt-free capital structure materially reduces refinancing and interest-rate risk for an exploration firm. Over 2–6 months this preserves optionality to fund drilling or midstream builds from equity or cash, and lowers fixed-cost obligations that could otherwise strain cash flows.
Negative Factors
Persistent cash burn
Consistent negative operating and free cash flow signals the company is not self-funding its operations. Over months this requires external financing or equity issuance, raising dilution risk and limiting the firm's ability to scale drilling or sustain midstream investment without new capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free capital structure materially reduces refinancing and interest-rate risk for an exploration firm. Over 2–6 months this preserves optionality to fund drilling or midstream builds from equity or cash, and lowers fixed-cost obligations that could otherwise strain cash flows.
Read all positive factors
Desert Mountain Energy Corp (DME) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$22.30M
Dividend YieldN/A
Average Volume (3M)57.59K
Price to Earnings (P/E)―
Beta (1Y)0.24
Revenue Growth-12.19%
EPS Growth66.74%
CountryCA
EmployeesN/A
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.01
Shares Outstanding103,703,600
10 Day Avg. Volume25,792
30 Day Avg. Volume57,586
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)0.62
Price to Sales (P/S)78.35
P/FCF Ratio-11.43
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)0.05
Revenue Forecast (FY)C$12.70M
Desert Mountain Energy Corp Business Overview & Revenue Model
Company Description
Desert Mountain Energy Corp. (DME.V) is an enterprise dedicated to the exploration and development of oil, natural gas, and various mineral properties. Its operational footprint extends across the United States, Canada, and internationally. Among ...
How the Company Makes Money
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Desert Mountain Energy Corp Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
74
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Sep 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 320.00K | 377.23K | 860.34K | 1.74M | 443.92K | 0.00 |
| Gross Profit | -368.22K | -403.32K | -410.00K | 864.51K | 244.42K | -5.06K |
| EBITDA | -1.42M | -2.04M | -3.98M | -6.22M | -6.56M | -7.89M |
| Net Income | -1.44M | -2.30M | -4.58M | -11.59M | -7.53M | -8.78M |
Balance Sheet | ||||||
| Total Assets | 50.82M | 50.57M | 50.53M | 59.45M | 40.02M | 34.52M |
| Cash, Cash Equivalents and Short-Term Investments | 188.03K | 272.54K | 1.18M | 12.09M | 12.52M | 26.82M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 3.23M | 3.20M | 3.30M | 8.68M | 2.71M | 666.93K |
| Stockholders Equity | 47.60M | 47.37M | 47.23M | 50.77M | 37.31M | 33.85M |
Cash Flow | ||||||
| Free Cash Flow | -1.71M | -2.59M | -9.71M | -14.14M | -13.61M | -5.79M |
| Operating Cash Flow | -1.47M | -2.04M | -2.63M | -4.70M | -3.52M | -1.60M |
| Investing Cash Flow | 445.89K | 224.93K | -8.28M | -16.88M | -17.86M | -4.18M |
| Financing Cash Flow | 735.92K | 887.40K | 0.00 | 21.43M | 7.00M | 22.31M |
Desert Mountain Energy Corp Technical Analysis
Negative
0.22
Price Trends
0.26
Negative
0.32
Negative
0.32
Negative
Market Momentum
-0.02
Negative
32.76
Neutral
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DME, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.26, and below the 200-day MA of 0.32, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 32.76 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DME.
Desert Mountain Energy Corp Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
48 Neutral | C$26.74M | -3.40 | -54.38% | ― | 9.62% | 80.16% | |
47 Neutral | C$30.66M | -9.07 | -276.15% | ― | -24.27% | 2.46% | |
45 Neutral | C$22.30M | -13.49 | -3.80% | ― | -12.19% | 66.74% | |
45 Neutral | C$21.31M | -1.37 | ― | ― | -2.32% | -106.45% | |
45 Neutral | C$57.20M | -3.58 | -69.59% | ― | -100.00% | -37.67% | |
43 Neutral | C$61.16M | -28.09 | -8.30% | ― | ― | 61.94% |
* Energy Sector Average
TSE:DME
Desert Mountain Energy Corp
0.21
>-0.01
-2.38%
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0.48
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Prospera Energy Inc
0.04
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0.19
0.03
18.75%
TSE:WIL
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0.07
<0.01
11.11%
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.