District Metals (TSE:DMX)
:DMX
Want to see TSE:DMX full AI Analyst Report?
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$0.29 - C$1.65
Previous CloseN/A
Volume43.63K
Average Volume (3M)847.91K
Market Cap
C$140.82M
Enterprise ValueC$153.70M
Total Cash (Recent Filing)C$9.35M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.56
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. 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
Balance-sheet StrengthZero reported debt and rising equity provide durable financial flexibility for an exploration company. This reduces solvency and interest-rate risk, supports multi-stage drilling programs, and improves standing with JV partners or acquirers, enabling project advancement over the next several months.
Asset-centric Business ModelOwning polymetallic exploration assets creates multiple durable monetization routes. Optioning and joint-venture structures allow partner-funded work and risk sharing, while a successful discovery creates long-lived M&A or development optionality that sustains strategic value beyond short-term cycles.
Moderate Absolute Cash BurnAbsolute losses and spending remain modest relative to many peers, limiting immediate capital needs. Combined with zero debt and rising equity, the manageable burn profile allows incremental program advancement and time to secure partner funding or targeted financings without an urgent capital squeeze.
Bears Say
No Operating RevenueThe company is entirely pre-commercial with no operating revenue, meaning value depends on exploration success or deals. This structural absence of cash flow increases reliance on external financing or partners, raising dilution and execution risk until a revenue pathway is established.
Worsening Cash FlowConsistent and deteriorating negative operating and free cash flow reduce runway and compel recurring capital raises or partner commitments. Over a multi-month horizon this constrains continuous exploration, increases dilution risk, and shifts management focus to financing rather than value-accretive technical work.
Negative ROE / Dilution RiskPersistently negative ROE shows capital is not generating returns and highlights weak capital efficiency. Equity has risen to cover losses, implying dilution for existing shareholders; absent discovery or partner funding, rising equity issuance may continue, eroding long-term per-share value.
District Metals News
DMX FAQ
What was District Metals’s price range in the past 12 months?
District Metals lowest stock price was C$0.29 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$140.82M.
When is District Metals’s upcoming earnings report date?
District Metals’s upcoming earnings report date is Jun 03, 2026 which is in 31 days.
How were District Metals’s earnings last quarter?
District Metals released its earnings results on Feb 27, 2026. The company reported C$0 earnings per share for the quarter, beating the consensus estimate of -C$0.01 by C$0.01.
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 C$0 in its last earnings report, beating expectations of -C$0.01. Following the earnings report the stock price went down -1.111%.
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
Neutral
1
2
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
-19.16%
Trailing 12-Months
Asset Growth
70.29%
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
Emerita Resources
―
Surge Copper Corp
―
GR Silver Mining
―
Group Eleven Resources
―
Arizona Metals
―
Options Prices
Currently, No data available
---