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District Metals (TSE:DMX)
:DMX
DMX Stock Chart & Stats
C$1.31
C$0.01(2.50%)
At close: 4:00 PM EST
C$1.31
C$0.01(2.50%)
Day’s Range― - ―
52-Week RangeC$0.26 - C$1.65
Previous CloseN/A
Volume43.63K
Average Volume (3M)847.91K
Market Cap
C$68.13M
Enterprise ValueC$64.05M
Total Cash (Recent Filing)C$9.44M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.84
Next Earnings
Mar 04, 2026EPS Estimate
-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.00
Shares Outstanding174,681,410
10 Day Avg. Volume1,206,247
30 Day Avg. Volume847,908
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 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
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetHaving no debt materially reduces solvency risk and preserves strategic flexibility for funding exploration. Equity and asset growth to ~ $19.6M and $19.9M TTM show the company has been able to capitalize operations via equity, supporting project advancement without leverage over the medium term.
Focused Polymetallic Exploration In SwedenA clear focus on polymetallic targets (copper, zinc, lead, silver) in Sweden provides durable exposure to multiple commodity markets and a repeatable exploration workflow (mapping, geophysics, drilling). This project specialization increases the likelihood of defining attractive resources and attracting partners over months.
Established Monetization Pathways For ProjectsThe company's business model rests on well-established industry routes—asset sales, option agreements, and JV funding—so successful exploration can convert geological results into partner-funded advancement or a sale, lowering the need for the company to self-fund expensive development stages.
Bears Say
Pre-revenue With Widening LossesThe absence of operating revenue and sizable, widening operating and net losses means the company cannot internally fund its exploration agenda. Continued negative earnings over several periods increases dependency on external capital and raises the risk that programs stall if financing becomes constrained.
Consistent Negative Operating And Free Cash FlowSustained negative operating and free cash flow (~-$3.0M TTM) represents ongoing cash burn. Without revenue, the firm must repeatedly access external financing, creating execution risk, potential dilution for shareholders, and vulnerability to capital market conditions that could interrupt exploration schedules.
Negative Return On Equity And Dilution ExposureA ROE near -25% indicates the company's equity base is being eroded by losses. Coupled with the stated reliance on equity financings to fund operations, this creates a structural dilution risk for shareholders and means long-term value depends heavily on exploration success or partner-funded advancement.
District Metals News
DMX FAQ
What was District Metals’s price range in the past 12 months?
District Metals lowest stock price was C$0.26 and its highest was C$1.65 in the past 12 months.
What is District Metals’s market cap?
District Metals’s market cap is C$68.13M.
When is District Metals’s upcoming earnings report date?
District Metals’s upcoming earnings report date is Mar 04, 2026 which is in 7 days.
How were District Metals’s earnings last quarter?
District Metals released its earnings results on Nov 28, 2025. The company reported C$0 earnings per share for the quarter, the consensus estimate of N/A by C$0.
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 -0.01.
How many shares outstanding does District Metals have?
District Metals has 174,681,410 shares outstanding.
What happened to District Metals’s price movement after its last earnings report?
District Metals reported an EPS of C$0 in its last earnings report, expectations of N/A. Following the earnings report the stock price went down -6.731%.
Which hedge fund is a major shareholder of District Metals?
Currently, no hedge funds are holding shares in TSE:DMX
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
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Technicals
SMA
Positive
20 days / 200 days
Momentum
213.65%
12-Months-Change
Fundamentals
Return on Equity
-20.92%
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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Options Prices
Currently, No data available
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