DevEx Resources Ltd (UREQF)
OTHER OTC:UREQF
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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
$91.26M
Enterprise Value$57.99M
Total Cash (Recent Filing)$24.16M
Total Debt (Recent Filing)$96.84K
Price to Earnings (P/E)―
Beta-264.27
Next Earnings
Sep 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
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 Cap0.64
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-149.09
Enterprise Value/Ebitda-7.60
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 LeverageDevEx’s extremely low debt-to-equity (0.01) materially lowers financial risk and interest burden. For a junior explorer this balance-sheet conservatism preserves flexibility to pursue sequential drilling programs, reduces covenant pressure and allows capital allocation choices without heavy fixed debt servicing.
Partial Free Cash Flow CoverageA free cash flow to net income ratio slightly above 1 implies the company’s cash conversion is marginally covering reported losses. This indicates some operational cash discipline and reduces immediate cash burn pressure versus peers, improving near-term runway for targeted exploration programs without instant reliance on external funding.
Focus On Critical CommoditiesDevEx’s emphasis on uranium and copper aligns with durable structural demand drivers—nuclear fuel demand and global electrification/renewables. This commodity focus increases the strategic attractiveness of its assets for farm-outs, JV funding or acquirers seeking exposure to critical minerals over the medium term.
Bears Say
Sharp Revenue DeclineA ~53% revenue drop signals weakening asset monetisation or reduced project activity. Sustained top-line contraction undermines internal funding capacity for exploration, forces tighter budget prioritisation and increases the frequency and quantum of external capital raises needed to advance projects toward resource definition.
Persistent Losses And Weak MarginsOngoing negative profitability, with material negative net and operating margins, erodes equity and limits reinvestment into exploration. Persistent losses reduce appeal to JV partners, heighten dilution risk when raising capital, and could force asset sales or program cuts, impairing long-term project progression.
Reliance On External FundingAs an exploration-centric company with no recurring operating revenue, DevEx depends on capital raises, farm-outs or asset sales to fund programs. This structural funding model exposes the company to market cycles, potential shareholder dilution and execution risk if financing conditions tighten during multi-year exploration campaigns.
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 $91.26M.
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 128 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
Underperform
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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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