Diamcor Mining (DMI) AI Stock Analysis

• Market Cap: C$1.69M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 1.03
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: 10
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.02
• Shares Outstanding: 168,638,930
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: >-0.01
• Price to Book (P/B): -1.43
• Price to Sales (P/S): 6.86
• P/FCF Ratio: -5.24
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 29 Underperform
• Price Target: ―

Diamcor Mining is currently facing significant financial challenges with negative revenue trends and poor profitability margins. The technical analysis indicates weak momentum with a bearish trend. Valuation metrics such as a negative P/E ratio further highlight investor concerns. However, a recent $5M financing deal provides some positive outlook for operational improvements. Overall, the stock is rated low, emphasizing the need for strategic improvements to mitigate financial risks.

Diamcor Mining Business Overview & Revenue Model

Company Description

Diamcor Mining Inc., a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond-based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa. The company is based in Kelowna, Canada.

How the Company Makes Money

Diamcor Mining makes money by extracting rough diamonds from its mining operations and selling them through tender processes to diamond buyers worldwide. The company's key revenue stream is the sale of these rough diamonds, which are sourced primarily from its flagship Krone-Endora at Venetia Project in South Africa. Diamcor partners with industry leaders and benefits from its proximity to De Beers’ Venetia Diamond Mine, which provides infrastructure support and access to a well-established diamond market. The company's earnings are influenced by factors such as diamond market prices, production volumes, and operational efficiencies.

Diamcor Mining Financial Statement Overview

Summary

Diamcor Mining faces substantial financial challenges with declining revenues, negative profitability margins, and high leverage. The negative cash flows and deteriorating balance sheet indicate significant operational and financial risks, necessitating strategic interventions to improve financial health.

Income Statement

Diamcor Mining has experienced significant revenue volatility with a declining trend, as seen by the drop from $5.76M in 2023 to negative revenue in the TTM. The gross and net profit margins are negative, indicating operational challenges. The EBIT and EBITDA margins also remain negative, reflecting ongoing profitability issues.

Balance Sheet

The company has a negative stockholders' equity position, indicating financial distress. The debt-to-equity ratio is not calculable due to negative equity, showcasing a leveraged position. Total assets have decreased, while liabilities remain high, further stressing the balance sheet.

Cash Flow

Operating and free cash flows are negative, which raises concerns about liquidity and operational efficiency. The cash flow from operations is consistently negative, and free cash flow trends are worsening, suggesting cash management issues.

Breakdown	Dec 2024	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	1.12M	7.21M	1.51M	3.96M	3.96M
Gross Profit	-1.43M	1.51M	257.62K	581.30K	581.30K
EBITDA	-4.31M	1.61M	-255.00K	-1.72M	-1.92M
Net Income	-5.64M	-1.31M	-3.09M	-3.46M	-3.46M
Balance Sheet
Total Assets	4.07M	9.00M	9.15M	9.02M	8.70M
Cash, Cash Equivalents and Short-Term Investments	31.18K	376.34K	257.13K	32.09K	139.08K
Total Debt	7.12M	7.02M	10.14M	8.12M	4.06M
Total Liabilities	13.13M	11.23M	13.44M	11.48M	7.78M
Stockholders Equity	-5.41M	2.42M	294.26K	1.25M	5.69M
Cash Flow
Free Cash Flow	-1.47M	-177.83K	-1.41M	-3.59M	-3.05M
Operating Cash Flow	-1.47M	274.99K	-1.41M	-1.23M	-3.01M
Investing Cash Flow	942.07K	-452.82K	-393.00	-2.34M	-40.68K
Financing Cash Flow	492.42K	319.36K	1.59M	3.53M	2.72M

Diamcor Mining Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DMI, the sentiment is Negative. The current price of 0.01 is above the 20-day moving average (MA) of <0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.45 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DMI.

Diamcor Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LUC	67 Neutral	C$81.90M	1.19	21.15%	―	28.12%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
TAI	50 Neutral	C$1.71M	―	-193.26%	―	―	-187.50%
MPVD	42 Neutral	$8.49M	-0.06	-74.45%	―	-45.17%	-100.74%
DIAM	38 Underperform	C$23.05M	―	-79.06%	―	―	2.25%
DMI	29 Underperform	C$1.69M	―	―	―	―	―
DIA	24 Underperform	C$1.50M	-2.95	―	―	―	78.10%

Diamcor Mining Corporate Events

Diamcor Mining Secures $5M Financing to Boost Production

Diamcor Mining Inc. has signed a non-binding letter of intent for a $5 million non-dilutive financing with a Dubai-based diamond manufacturer to enhance its operations. The funds will be used to expedite processing and increase production at Diamcor’s Krone-Endora at Venetia Project, positioning the company for an anticipated market recovery in the diamond industry.