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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
$108.14M
Enterprise Value$82.02M
Total Cash (Recent Filing)$7.12M
Total Debt (Recent Filing)$147.29K
Price to Earnings (P/E)―
Beta-271.69
Next Earnings
Mar 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
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 Cap0.76
Enterprise Value/Revenue230.84
Enterprise Value/Gross Profit621.81
Enterprise Value/Ebitda-8.82
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 Financial LeverageMinimal leverage (debt-to-equity ~0.01) materially lowers solvency risk and preserves financial flexibility for a junior explorer. With limited fixed debt service, management can prioritize funding exploration programs or opportunistic investments without immediate refinancing pressure, supporting longer-term project optionality and resilience through industry cycles.
Exploration-focused Business ModelA pure exploration model provides asset-based upside where successful discoveries can create step-change value. Holding and advancing tenements is a durable strategic posture for juniors: it concentrates capital on high-return field programs, generates geological optionality, and positions the company to attract JV partners or project-level financing as assets mature.
Lean Operating StructureA very small core team keeps fixed overhead low and directs scarce capital toward external fieldwork and drilling contractors. For exploration companies this lean model extends runway, increases capital efficiency, and allows rapid scaling of technical programs via contractors, preserving funds for value-adding geology rather than payroll over the medium term.
Bears Say
Sharp Revenue DeclineA >50% revenue drop signals material challenges converting activities into sustainable cash inflows. For a junior explorer, falling revenue reduces ability to self-fund programs, increases reliance on capital markets, and raises execution risk for multi-stage exploration campaigns that require continuous funding to realize long-term value from tenements.
Persistent Unprofitability And Weak ReturnsSustained negative margins and negative EBIT/EBITDA erode equity and indicate operational inefficiencies. Combined with ROE at -66.27%, ongoing losses constrain reinvestment into projects and make the company dependent on external funding. Over months this increases dilution risk and weakens capacity to advance value-accretive programs.
Negative Operating And Free Cash FlowNegative operating and free cash flows limit the firm’s ability to self-fund exploration and development. The operating cash flow to net income ratio (−6.94) highlights conversion inefficiency, making the business structurally reliant on equity or JV funding; that dependence can delay projects and increase financing costs over the medium term.
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 $108.14M.
When is DevEx Resources Ltd’s upcoming earnings report date?
DevEx Resources Ltd’s upcoming earnings report date is Mar 13, 2026 which is today.
How were DevEx Resources Ltd’s earnings last quarter?
Currently, no data Available
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?
Currently, no data Available
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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10
Blogger Sentiment
Bullish
UREQF Sentiment 70%
Sector Average 64%
Sector Average 64%
Insider Transactions
Bought Shares
Worth AU$3.9M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Fundamentals
Return on Equity
-49.01%
Trailing 12-Months
Asset Growth
-40.08%
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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