Desoto Resources Ltd. AI Stock Analysis
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Desoto Resources Ltd. (DES) AI Stock Analysis
Desoto Resources Ltd.
(ASX:DES)
The overall score is very low, driven primarily by the company's severe financial distress as a pre-revenue explorer with accelerating cash burn and widening losses. Technical trends confirm persistent selling pressure, and the negative P/E ratio underscores the lack of earnings. The only slight positive is a debt-free balance sheet, which marginally reduces immediate solvency risk but does not offset the fundamental weaknesses.
Desoto Resources Ltd. (DES) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 36.11M
- Dividend Yield
- ―
- Average Volume (3M)
- 113.62K
- Price to Earnings (P/E)
- -2.2
- Beta (1Y)
- 0.44
- Revenue Growth
- ―
- EPS Growth
- -119.78%
- Country
- Australia
- Employees
- 689
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Desoto Resources Ltd. Business Overview & Revenue Model
Company Description
DeSoto Resources Limited, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Guinea and the Northern Territory, Australia. The company explores for gold, lithium, rare earth, and other base metal deposit...
Desoto Resources Ltd. Financial Statement Overview
Summary
Financial performance is critically weak. The company is pre-revenue with accelerating net losses ($15M) and deeply negative operating cash flow (-$7.7M). The only mitigating factor is a clean balance sheet with minimal debt, providing a temporary buffer against the high cash burn.
Income Statement
1Very NegativeBalance Sheet
45NeutralCash Flow
10Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 1,251 | 1,063 | 0 | 0 |
| Gross Profit | -70.19K | -70.19K | 1,251 | -64.85K | -66.55K | -4,731 |
| EBITDA | -8.93M | -8.93M | -2.88M | -1.62M | -1.39M | -149.18K |
| Net Income | -15.02M | -15.02M | -2.91M | -1.69M | -1.46M | -154.61K |
Balance Sheet | ||||||
| Total Assets | 13.55M | 13.55M | 14.09M | 9.55M | 10.60M | 1.22M |
| Cash, Cash Equivalents and Short-Term Investments | 9.16M | 9.16M | 6.24M | 5.66M | 8.66M | 881.15K |
| Total Debt | 44.25K | 44.25K | 100.87K | 157.35K | 213.54K | 270.30K |
| Total Liabilities | 792.51K | 792.51K | 890.78K | 511.54K | 450.94K | 353.83K |
| Stockholders Equity | 12.76M | 12.76M | 13.20M | 9.04M | 10.15M | 868.04K |
Cash Flow | ||||||
| Free Cash Flow | -8.55M | -8.55M | -3.68M | -3.10M | -1.78M | -141.50K |
| Operating Cash Flow | -7.70M | -7.70M | -2.71M | -1.56M | -1.19M | -128.54K |
| Investing Cash Flow | -2.95M | -2.95M | -1.23M | 536.26K | -2.59M | -12.96K |
| Financing Cash Flow | 13.52M | 13.52M | 4.52M | 18.30K | 9.56M | 1.02M |
Desoto Resources Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DES, the sentiment is Positive. The current price of 0.13 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.13, and below the 200-day MA of 0.14, indicating a neutral trend. The MACD of 0.00 indicates Negative momentum. The RSI at 59.18 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:DES.
Desoto Resources Ltd. Peers Comparison
Overall Rating
AU:OD647Neutral
AU:MRD46Neutral
AU:KLI42Neutral
AU:PL938Underperform- AU:DES38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:OD6 | 47Neutral | AUD 32.73M | -3.50 | -51.72% | ― | ― | -37.56% |
| AU:MRD | 46Neutral | AUD 61.40M | -21.75 | -122.43% | ― | ― | 30.00% |
| AU:KLI | 42Neutral | AUD 86.57M | -18.10 | -18.98% | ― | ― | 30.00% |
| AU:PL9 | 38Underperform | AUD 28.90M | 12.50 | -0.46% | ― | ― | ― |
| AU:DES | 38Underperform | AUD 36.11M | -2.17 | -86.76% | ― | ― | -119.78% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:DES | Desoto Resources Ltd. | 0.13 | -0.04 | -21.21% | |
| AU:MRD | Mount Ridley Mines Limited | 0.04 | 0.01 | 53.57% | |
| AU:PL9 | Arizona Lithium Limited | ― | ― | ― | |
| AU:KLI | Killi Resources Limited | 0.21 | 0.16 | 320.00% | |
| AU:OD6 | OD6 Metals Ltd. | 0.09 | 0.01 | 18.42% |
Desoto Resources Ltd. Corporate Events
DeSoto Resources Accelerates Siguiri Basin Gold Exploration With Timbakouna Drilling and Fortuna JV
DeSoto Resources reported that field work has resumed across its Siguiri gold portfolio in Guinea, highlighted by the restart and later expansion of a 10,000m power auger drilling program at the Timbakouna Gold Project, which is testing more than 6km...
Desoto Ramps Up 22,000m Auger Drilling Campaign at Timbakouna Gold Project
Desoto Resources has launched a 22,000-metre power auger drilling program at its Timbakouna Project after integrating historic geochemical data with recent geophysical surveys. The company aims to refine exploration priorities across the Mandiana dis...
DeSoto Expands Timbakouna Drilling as Siguiri Basin Exploration Intensifies
DeSoto Resources has significantly advanced its Timbakouna power auger program in Guinea’s Siguiri Basin, completing 352 holes for 3,473 metres and collecting 1,403 samples for assay.The work is designed to test the weathering profile and saprolite h...
Desoto Sets 2026 AGM to Vote on Director, Pay and Extra Capital Mandate
Desoto Resources Ltd. has called its annual general meeting for 23 November 2026 in West Perth, setting 21 November 2026 as the record date to determine shareholder voting eligibility. The company will table its financial statements and related repor...
DeSoto Resources Sets AGM Date and Deadline for Director Nominations
DeSoto Resources Limited has scheduled its Annual General Meeting for Monday, 23 November 2026, where shareholders will consider the re-election and appointment of directors. The meeting is part of the company’s regular governance cycle as an ASX-lis...
DeSoto Resources Releases 2026 Annual Report Detailing Governance and Compliance
DeSoto Resources Limited has released its 2026 annual report, outlining its corporate structure, governance arrangements and key financial reporting components for the year. The document details the company’s board and executive roles, auditing and l...
DeSoto Resources Files Updated ASX Corporate Governance Appendix 4G
DeSoto Resources Limited has lodged its Appendix 4G with the ASX for the year ended 30 June 2026, detailing how it complies with the ASX Corporate Governance Council principles and recommendations. The company has confirmed that its corporate governa...
DeSoto ramps up multi-project gold exploration in Guinea’s Siguiri basin
DeSoto Resources has launched a major expansion of its exploration campaign across the Siguiri Goldfields in Guinea, ramping up a 10,000 metre power auger drilling program at the Timbakouna Gold Project and bringing two additional rigs back to site....
DeSoto Resources Restarts Drilling and Launches Major Geophysical Survey in Guinea
DeSoto Resources has restarted drilling and fieldwork at its Timbakouna Gold Project in Guinea following constructive engagement with government authorities and the resolution of access issues linked to a crackdown on illegal mining. The company has...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 23, 2026