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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$0.36 - C$1.65
Previous CloseN/A
Volume43.63K
Average Volume (3M)847.91K
Market Cap
C$120.21M
Enterprise ValueC$129.23M
Total Cash (Recent Filing)C$8.64M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.41
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding190,807,420
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)-0.02
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet (no Debt)Zero reported debt and a materially larger equity base provide durable financial flexibility for an exploration company. This reduces default and interest-rate vulnerability, preserves optionality to fund programs via equity or JV deals, and lowers fixed-cost pressure over months.
Focused Base-metals Exploration PortfolioA clear strategic focus on base metals in a single jurisdiction supports repeatable technical expertise and efficient capital allocation. Over the medium term this specialization can improve discovery odds, make partnership discussions more targeted, and streamline permitting and exploration planning.
Multiple Standard Monetization PathwaysHaving established, sector-standard routes to monetize projects (asset sale, JV/earn-in, or development) provides structural optionality. It allows management to choose the least dilutive or highest-value path as projects mature, supporting sustained project advancement without sole reliance on operating cash flow.
Bears Say
Pre-revenue With Widening LossesNo operating revenue means firm value depends on exploration success rather than cash-generating operations. Widening and consistent net losses erode capital over time, requiring recurring external financing and increasing execution risk until a resource is defined or a monetization event occurs.
Persistent Cash Burn And Negative Free Cash FlowSustained negative operating and free cash flow creates structural funding needs. Over a 2–6 month horizon this constrains continuous exploration programs unless new capital or JV funding arrives, raising dilution risk and potentially forcing project pacing changes or asset dispositions.
Negative Returns On EquityA significant negative ROE indicates the company’s capital base is not yet producing value. Persistently negative returns highlight capital inefficiency and increase investor pressure for either material exploration success or corrective strategy, raising the likelihood of equity issuance to sustain operations.
District Metals News
DMX FAQ
What was District Metals’s price range in the past 12 months?
District Metals lowest stock price was C$0.35 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$120.21M.
When is District Metals’s upcoming earnings report date?
District Metals’s upcoming earnings report date is Sep 25, 2026 which is in 71 days.
How were District Metals’s earnings last quarter?
District Metals released its earnings results on May 29, 2026. The company reported C$0 earnings per share for the quarter, the consensus estimate of C$0 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 for its next earnings report is not yet available.
How many shares outstanding does District Metals have?
District Metals has 190,807,420 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 C$0. Following the earnings report the stock price went down -1.408%.
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
Company Description
District Metals
District Metals Corp., a junior mineral exploration stage company, acquires, explores, and evaluates mineral resource properties. It explores for lead, zinc, silver, copper, molybdenum, cobalt, yttrium, and other rare earth elements. The company was formerly known as MK2 Ventures Ltd. and changed its name to District Metals Corp. in July 2019. District Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.
Technical Analysis
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