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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$0.26 - C$1.65
Previous CloseN/A
Volume43.63K
Average Volume (3M)847.91K
Market Cap
C$162.81M
Enterprise ValueC$163.03M
Total Cash (Recent Filing)C$9.44M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta2.22
Next Earnings
Mar 04, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding169,593,920
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 debt-free capital structure with materially higher equity provides durable financial flexibility for multi-stage exploration programs. It reduces insolvency risk, enables funding of drills and surveys via equity rather than leverage, and supports continuation of strategic work well into the next funding cycle.
Regulatory Tailwind In SwedenA formal policy shift (moratorium repeal) is a structural change that expands permissible exploration scope and permits optionality for uranium-related projects. Over months this can unlock licensing, JV interest, and new targets, materially improving long-term asset value potential and partnerability.
Expanded Licenses And Exploration ProgressAdding licenses and positive survey/drilling signals materially increases the company’s project optionality and geological upside, de-risking target generation. An OTCQX upgrade improves investor access and potential partnering, supporting long-term capital and strategic partnership pathways.
Bears Say
Pre-revenue With Widening LossesWith no operating revenue and sizeable recurring losses, the company must rely on external funding to sustain activity. Persistent negative earnings erode shareholder value over time and limit the firm’s ability to self-fund exploration, increasing strategic and dilution risk for shareholders.
Negative Operating And Free Cash FlowConsistently negative operating and free cash flow indicate structural cash burn tied to exploration cycles. This necessitates recurring financing, risks program or timeline setbacks if markets tighten, and elevates the probability of equity dilution or slowed project advancement over the coming months.
Funding Reliance And Small Operational ScaleDependence on equity financings and warrant exercises is a persistent structural constraint that increases dilution risk and can shift management focus to capital raises. Combined with a tiny headcount (3 employees), execution relies heavily on external contractors and partners, raising delivery and coordination risks.
District Metals News
DMX FAQ
What was District Metals’s price range in the past 12 months?
District Metals lowest stock price was C$0.26 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$162.81M.
When is District Metals’s upcoming earnings report date?
District Metals’s upcoming earnings report date is Mar 04, 2026 which is in 27 days.
How were District Metals’s earnings last quarter?
District Metals released its earnings results on Nov 28, 2025. The company reported -C$0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.002.
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 169,593,920 shares outstanding.
What happened to District Metals’s price movement after its last earnings report?
District Metals reported an EPS of -C$0.002 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -6.731%.
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
Underperform
1
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4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
213.65%
12-Months-Change
Fundamentals
Return on Equity
-20.92%
Trailing 12-Months
Asset Growth
41.28%
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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