DevEx Resources Ltd (UREQF)
OTHER OTC:UREQF
UREQF Stock Chart & Stats
$0.11
-$0.10(-99.90%)
At close: 4:00 PM EST
$0.11
-$0.10(-99.90%)
Day’s Range― - ―
52-Week Range$0.11 - $0.11
Previous CloseN/A
Volume166.00
Average Volume (3M)0.00
Market Cap
$107.87M
Enterprise Value$73.95M
Total Cash (Recent Filing)$24.16M
Total Debt (Recent Filing)$96.84K
Price to Earnings (P/E)―
Beta-254.70
Next Earnings
Sep 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares OutstandingN/A
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)2.25
Price to Sales (P/S)87.00
P/FCF Ratio-3.29
Enterprise Value/Market Cap0.69
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-190.10
Enterprise Value/Ebitda-9.69
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
Low LeverageA very low debt-to-equity ratio (0.01) materially reduces default and bankruptcy risk and preserves financial optionality. For an exploration company this durable conservatism supports the ability to withstand multi-quarter development cycles and to pursue financing or JV opportunities without heavy interest burdens.
Exploration-focused Business ModelA pure exploration focus creates structural optionality: successes can materially re-rate asset value without the fixed-cost burdens of production. Over a 2-6 month horizon this model keeps overhead low, concentrates capital on prospect advancement, and preserves upside from discovery or farm-in partnerships.
Marginal Free Cash Flow CoverageFree cash flow marginally covering net losses implies management converts exploration spending into measurable cash outcomes, limiting cash burn relative to accrual losses. This modest cash conversion resilience supports near-term project advancement without immediate insolvency risk, aiding multi-month planning.
Bears Say
Sharp Revenue DeclineA ~53% revenue drop is a durable warning sign for an explorer that lacks recurring cash-generating operations. Over several months this reduces bargaining power with partners, heightens dependence on external funding, and lengthens timelines to reach value-accretive milestones absent discovery or asset monetisation.
Persistent Negative MarginsSustained negative net and operating margins indicate the business is not yet operating at commercial scale and destroys shareholder value over time. This structural unprofitability constrains the company's ability to self-fund exploration, increases dilution risk, and limits capital available for project advancement.
Negative ROE Indicates Capital ErosionA deeply negative ROE (-66%) signals persistent capital destruction. Over months this undermines investor support and makes it harder to raise accretive capital. Coupled with negative operating cash conversion metrics, it points to structural inefficiency and heightened risk of dilution or halted project spend.
DevEx Resources Ltd News
UREQF FAQ
What was DevEx Resources Ltd’s price range in the past 12 months?
DevEx Resources Ltd lowest stock price was $0.11 and its highest was $0.11 in the past 12 months.
What is DevEx Resources Ltd’s market cap?
DevEx Resources Ltd’s market cap is $107.87M.
When is DevEx Resources Ltd’s upcoming earnings report date?
DevEx Resources Ltd’s upcoming earnings report date is Sep 29, 2026 which is in 171 days.
How were DevEx Resources Ltd’s earnings last quarter?
DevEx Resources Ltd released its earnings results on Mar 13, 2026. The company reported -$0.009 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.009.
Is DevEx Resources Ltd overvalued?
According to Wall Street analysts DevEx Resources Ltd’s price is currently Overvalued.
Does DevEx Resources Ltd pay dividends?
DevEx Resources Ltd does not currently pay dividends.
What is DevEx Resources Ltd’s EPS estimate?
DevEx Resources Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does DevEx Resources Ltd have?
Currently, no data Available
What happened to DevEx Resources Ltd’s price movement after its last earnings report?
DevEx Resources Ltd reported an EPS of -$0.009 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of DevEx Resources Ltd?
Currently, no hedge funds are holding shares in UREQF
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
DevEx Resources Ltd Stock Smart Score
Neutral
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Blogger Sentiment
Bullish
UREQF Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$3.8M over
the Last 3 Months
the Last 3 Months
Fundamentals
Return on Equity
-38.38%
Trailing 12-Months
Asset Growth
89.61%
Trailing 12-Months
Company Description
DevEx Resources Ltd
DevEx Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Australia. The company explores for uranium, copper, nickel, palladium, gold, diamond, and other base metals. It holds 100% interest in Nabarlek project comprising 4,700 square kilometers; and Basin Creek project, as well as holds interest in Sovereign project and Junee project. The company was formerly known as Uranium Equities Limited and changed its name to DevEx Resources Limited in November 2017. DevEx Resources Limited was incorporated in 1969 and is based in West Perth, Australia.
Technical Analysis
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