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$0.27 - C$1.65
Previous CloseN/A
Volume43.63K
Average Volume (3M)847.91K
Market Cap
C$110.90M
Enterprise ValueC$109.69M
Total Cash (Recent Filing)C$9.35M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.62
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
Debt-free Balance SheetA zero-debt balance sheet provides durable financial flexibility for an exploration company. Without interest burdens, management can allocate raised capital to drilling and studies, preserve optionality for joint ventures or asset sales, and reduce near-term solvency risk during extended exploration cycles.
Rising Equity And Asset BaseA growing equity and asset base signals sustained capital access and a stronger funding platform for multi-year exploration programs. This supports project advancement, makes the company more credible to partners and potential offtakers, and reduces the likelihood that single financing failures will halt programs.
Polymetallic Project FocusTargeting polymetallic systems spreads geological and commodity risk across zinc, lead, silver and copper. This structural diversification boosts partnership and offtake appeal across commodity cycles, improving long-term monetization pathways (JV, option, or sale) compared with single-metal speculators.
Bears Say
Pre-commercial; No Operating RevenueAbsence of operating revenue is a foundational constraint: the company cannot self-fund exploration from operations, making advancement dependent on external financing. This structural lack of cash flow prolongs execution risk and ties project timelines to capital markets and partner deals.
Widening Losses And Negative Operating ResultsMaterial and growing operating losses erode capital over multiple periods, increasing the probability of recurring equity raises. For an explorer, sustained negative EBIT constrains the pace of drilling and technical work unless offset by fresh funding or partner commitments, delaying resource definition milestones.
Consistently Negative Cash Flow And Worsening FCFPersistent negative operating and free cash flow is a structural weakness: cash consumption necessitates continued financing, which risks dilution and can limit strategic choices. Weak cash generation reduces bargaining power in JV negotiations and can slow multi-year project development if markets tighten.
District Metals News
DMX FAQ
What was District Metals’s price range in the past 12 months?
District Metals lowest stock price was C$0.27 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$110.90M.
When is District Metals’s upcoming earnings report date?
District Metals’s upcoming earnings report date is Jun 03, 2026 which is in 55 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
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Options Prices
Currently, No data available
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