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$123.22M
Enterprise ValueC$125.37M
Total Cash (Recent Filing)C$8.64M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
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)-0.02
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageZero total debt is a durable strength for an exploration-stage miner: it reduces fixed financial obligations, lowers bankruptcy and refinancing risk through multi-year drill programs, and preserves flexibility to pursue JV, option or sale paths without interest-driven cash drains.
Growing Capital BaseA materially larger equity and asset base provides lasting capacity to fund exploration, carry multi-phase programs, and attract partners. Stronger capitalization improves bargaining power for JV terms and reduces short-term dilution needs versus undercapitalized peers.
Polymetallic Project FocusConcentrating on polymetallic systems (zinc, lead, silver, copper) gives structural diversification across metal markets and appeal to a wider set of strategic partners or acquirers. This business model creates multiple monetization routes (JV, sale, royalties) over time.
Bears Say
Pre-Revenue ProfileBeing pre-revenue is a durable risk: with no operating income the company must rely on capital markets or partners for funding. Until a resource is defined or a partner committed, value depends on exploration success rather than recurring cash flows, elongating realization timelines.
Persistent Cash BurnSustained negative operating and free cash flow drives ongoing financing needs and potential dilution. Cash burn variability also raises execution risk: if equity markets or partner funding tighten, the company may face delays in drilling or project advancement.
Negative Returns On EquityROE near -19% signals the enlarged equity base has yet to produce positive economic returns. This structural capital inefficiency implies shareholders' capital is not being deployed to create value, increasing risk that further capital raises will be required before value is realized.
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$123.22M.
When is District Metals’s upcoming earnings report date?
District Metals’s upcoming earnings report date is Sep 25, 2026 which is in 116 days.
How were District Metals’s earnings last quarter?
District Metals released its earnings results on May 29, 2026. The company reported -C$0.005 earnings per share for the quarter, missing the consensus estimate of C$0 by -C$0.005.
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 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$0.005 in its last earnings report, missing 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 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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