District Metals (TSE:DMX)
:DMX
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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$152.63M
Enterprise ValueC$129.23M
Total Cash (Recent Filing)C$8.64M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.42
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding190,787,410
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)-0.02
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetZero total debt and a materially larger equity base provide structural financial flexibility for a pre-revenue explorer. This reduces solvency risk during multi-year drilling programs and makes the company less vulnerable to interest-rate shocks or covenant pressure while pursuing long-term resource definition.
Exploration-focused Business ModelA clear, asset-centric model focused on polymetallic systems supports multiple durable monetization paths (JV/option, asset sale, or development). That strategic clarity enables targeted capital deployment, partner attraction for project de‑risking, and optionality across commodity cycles over months to years.
Cash Flow Tracks Reported LossesA close alignment between free cash flow and net losses indicates disciplined cash recognition and that non‑cash accounting items are not masking cash consumption. For an explorer, this improves transparency for funding needs and supports more reliable capital‑planning across multi‑period programs.
Bears Say
Pre-revenue ProfileNo operating revenue means value creation depends entirely on exploration success or third‑party deals. Widening losses increase reliance on external funding and extend timelines to positive cash flow, raising long‑term execution and dilution risk until a monetizable resource is defined or partnered.
Persistent Cash BurnSustained negative operating and free cash flow requires recurring financings to fund exploration, exposing investors to dilution and execution risk. Over a 2–6 month horizon this constrains runway unless capital is raised and can pressure program continuity and partner negotiation leverage.
Negative Returns On EquityA negative ROE indicates the company’s capital base has not yet translated into economic returns, reflecting unsuccessful or early‑stage exploration outlays. Persisting negative ROE makes it harder to demonstrate long‑term capital efficiency and attract value‑focused strategic partners or investors.
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$152.63M.
When is District Metals’s upcoming earnings report date?
District Metals’s upcoming earnings report date is Sep 25, 2026 which is in 95 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 190,787,410 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 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. functions as an early-stage company primarily engaged in the acquisition, exploration, and assessment of natural resource properties. The firm holds complete ownership of several projects within Sweden's Bergslagen mining district, including the Tomtebo property (spanning 5,143.86 hectares), the Svärdsjö property (1,037 hectares), and the Gruvberget property (5,286 hectares). Additionally, it possesses a 20% interest in the 9,318-hectare Bakar property, situated on North Vancouver Island, British Columbia, Canada. Established in 1989, the company, formerly known as MK2 Ventures Ltd., adopted the name District Metals Corp. in July 2019 and maintains its headquarters in Vancouver, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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