DevEx Resources Ltd (AU:DEV)
ASX:DEV
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DEV Stock Chart & Stats
AU$0.16
>-AU$0.01(-1.16%)
At close: 4:00 PM EST
AU$0.16
>-AU$0.01(-1.16%)
Day’s Range― - ―
52-Week RangeAU$0.07 - AU$0.32
Previous CloseN/A
Volume195.16K
Average Volume (3M)1.76M
Market Cap
AU$227.23M
Enterprise ValueAU$110.42M
Total Cash (Recent Filing)AU$24.16M
Total Debt (Recent Filing)AU$96.84K
Price to Earnings (P/E)―
Beta1.74
Next Earnings
Sep 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding710,080,440
10 Day Avg. Volume2,256,041
30 Day Avg. Volume1,762,349
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.41Price Target Upside156.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.02
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageA very low debt-to-equity position materially reduces fixed financing obligations and financial distress risk. Over 2-6 months this preserves optionality to fund exploration via equity or partner deals, supports liquidity buffers, and improves negotiating leverage in farm-outs or asset sales.
Exposure To Critical MineralsConcentrated exposure to uranium and copper aligns the company with enduring structural demand drivers for energy and electrification. This positioning increases the relevance of its assets to strategic partners and potential offtakers, improving odds of farm-outs, JV interest, or asset sales over the medium term.
Flexible Monetisation PathwaysA business model that supports multiple exit and funding routes (asset sales, farm-ins, royalties, production) reduces single-path dependency. Structurally this gives management durable strategic options to de-risk projects, attract partners, and realise value without needing immediate production.
Bears Say
Sharply Declining Revenue & LossesA steep revenue decline combined with persistent negative net margins signals difficulty converting exploration activity into monetised value. Over months this heightens the probability of further dilution, weakens capacity to self-fund work programs, and undermines investor confidence in project advancement.
Negative Operating And Free Cash FlowSustained negative operating and free cash flows drain resources required to advance exploration. This structural cash deficit forces reliance on external capital, limits continuous program execution, and reduces bargaining power in JV talks, making project timelines and value realisation uncertain.
Very Low Return On EquityA deeply negative ROE indicates the company is eroding shareholder capital rather than generating returns. Persisting over months, this metric makes future equity raises more dilutive or costly, deters long-term investors, and implies structural challenges in translating capital into value-creating exploration outcomes.
DevEx Resources Ltd News
DEV FAQ
What was DevEx Resources Ltd’s price range in the past 12 months?
DevEx Resources Ltd lowest share price was AU$0.07 and its highest was AU$0.32 in the past 12 months.
What is DevEx Resources Ltd’s market cap?
DevEx Resources Ltd’s market cap is AU$227.23M.
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 102 days.
How were DevEx Resources Ltd’s earnings last quarter?
DevEx Resources Ltd released its earnings results on Mar 13, 2026. The company reported -AU$0.013 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.013.
Is DevEx Resources Ltd overvalued?
According to Wall Street analysts DevEx Resources Ltd’s price is currently Undervalued.
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?
DevEx Resources Ltd has 710,080,440 shares outstanding.
What happened to DevEx Resources Ltd’s price movement after its last earnings report?
DevEx Resources Ltd reported an EPS of -AU$0.013 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4.651%.
Which hedge fund is a major shareholder of DevEx Resources Ltd?
Currently, no hedge funds are holding shares in AU:DEV
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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Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.41 (156.25% Upside)
AU$0.41 (156.25% Upside)
Blogger Sentiment
Bullish
AU:DEV Sentiment 100%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
-38.38%
Trailing 12-Months
Asset Growth
89.61%
Trailing 12-Months
Company Description
DevEx Resources Ltd
DevEx Resources Limited, along with its subsidiaries, is an Australian company primarily involved in the exploration and evaluation of mineral properties. Their efforts target a diverse range of commodities, including uranium, copper, nickel, palladium, gold, diamonds, and other base metals. The company holds a 100% interest in the extensive 4,700 square kilometer Nabarlek project and the Basin Creek project, while also possessing interests in the Sovereign and Junee projects. Established in 1969, and headquartered in West Perth, Australia, the company was formerly known as Uranium Equities Limited, changing its name to DevEx Resources Limited in November 2017.
DEV Stock 12 Month Forecast
Average Price Target
AU$0.41
▲(156.25% Upside)
Technical Analysis
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