Want to see AU:DES full AI Analyst Report?
Top Page
Desoto Resources Ltd.
(Sydney:DES)
Select Model
Select Model
Rating:45Neutral
Price Target:
AU$0.13
▼(-9.29% Downside)
Action:Reiterated
Date:09/23/26
The score is held down primarily by weak financial performance—minimal revenue, sharply wider losses, and accelerating cash burn—implying continued funding risk. Technical indicators also point to a weak trend (below key moving averages with negative MACD). Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Very Low Leverage
Very low debt reduces interest and refinancing pressure, giving Desoto greater financial flexibility than a highly leveraged explorer. This preserves room to direct available capital toward exploration and operations, although it does not remove the need to fund ongoing losses.
Negative Factors
Minimal Revenue Generation
Minimal and volatile revenue shows that the current business has not yet established a meaningful operating income base. With no FY2026 revenue supporting costs, Desoto remains dependent on funding or future exploration success rather than internally generated sales.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Very low debt reduces interest and refinancing pressure, giving Desoto greater financial flexibility than a highly leveraged explorer. This preserves room to direct available capital toward exploration and operations, although it does not remove the need to fund ongoing losses.
Read all positive factors
Desoto Resources Ltd. (DES) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$35.98M
Dividend YieldN/A
Average Volume (3M)50.62K
Price to Earnings (P/E)―
Beta (1Y)0.41
Revenue GrowthN/A
EPS Growth-119.78%
CountryAU
Employees689
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.06
Shares Outstanding276,785,580
10 Day Avg. Volume32,921
30 Day Avg. Volume50,624
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)2.20
Price to Sales (P/S)0.00
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 depo...
How the Company Makes Money
null...
Desoto Resources Ltd. Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
56
Neutral
Cash Flow
14
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 1.25K | 1.06K | 0.00 | 0.00 |
| Gross Profit | -70.19K | 1.25K | -64.85K | -66.55K | -4.73K |
| EBITDA | -8.93M | -2.93M | -1.62M | -1.39M | -149.18K |
| Net Income | -15.02M | -2.91M | -1.69M | -1.46M | -154.61K |
Balance Sheet | |||||
| Total Assets | 13.55M | 14.09M | 9.55M | 10.60M | 1.22M |
| Cash, Cash Equivalents and Short-Term Investments | 9.16M | 6.24M | 5.66M | 8.66M | 881.15K |
| Total Debt | 44.25K | 100.87K | 157.35K | 213.54K | 270.30K |
| Total Liabilities | 792.51K | 890.78K | 511.54K | 450.94K | 353.83K |
| Stockholders Equity | 12.76M | 13.20M | 9.04M | 10.15M | 868.04K |
Cash Flow | |||||
| Free Cash Flow | -8.55M | -3.68M | -3.10M | -1.78M | -141.50K |
| Operating Cash Flow | -7.70M | -2.71M | -1.56M | -1.19M | -128.54K |
| Investing Cash Flow | -2.95M | -1.23M | 536.26K | -2.59M | -12.96K |
| Financing Cash Flow | 13.52M | 4.52M | 18.30K | 9.56M | 1.02M |
Desoto Resources Ltd. Technical Analysis
Negative
0.14
Price Trends
0.13
Negative
0.13
Negative
0.14
Negative
Market Momentum
>-0.01
Positive
34.68
Neutral
9.52
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DES, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.13, and below the 200-day MA of 0.14, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.68 is Neutral, neither overbought nor oversold. The STOCH value of 9.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DES.
Desoto Resources Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$111.82M | -90.57 | -16.47% | ― | ― | 84.52% | |
45 Neutral | AU$35.98M | -2.00 | -42.31% | ― | ― | -119.78% | |
44 Neutral | AU$35.38M | -4.32 | -38.51% | ― | ― | -37.56% | |
43 Neutral | AU$65.34M | -28.13 | -99.27% | ― | ― | 54.55% | |
38 Underperform | AU$27.86M | -13.00 | -14.34% | ― | ― | 15.79% | |
38 Underperform | AU$34.68M | -0.92 | -28.53% | ― | ― | ― |
* Basic Materials Sector Average
AU:DES
Desoto Resources Ltd.
0.12
-0.05
-27.27%
AU:MRD
Mount Ridley Mines Limited
0.05
0.04
300.00%
AU:MRR
MinRex Resources Limited
0.01
<0.01
30.00%
AU:PL9
Arizona Lithium Limited
0.01
0.00
0.00%
AU:KLI
Killi Resources Limited
0.33
0.28
591.49%
AU:OD6
OD6 Metals Ltd.
0.12
0.06
105.36%
Desoto Resources Ltd. Corporate Events
DeSoto Resources Releases 2026 Annual Report Detailing Governance and Compliance
Sep 22, 2026
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, audit...
DeSoto Resources Files Updated ASX Corporate Governance Appendix 4G
Sep 22, 2026
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 gove...
DeSoto ramps up multi-project gold exploration in Guinea’s Siguiri basin
Aug 31, 2026
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 sit...
DeSoto Resources Restarts Drilling and Launches Major Geophysical Survey in Guinea
Aug 5, 2026
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 h...
DeSoto Advances Guinea Gold Exploration Amid Temporary Drilling Pause
Jul 28, 2026
DeSoto Resources has advanced its exploration activities in Guinea with a maiden 10,000-metre power auger drilling program at the Timbakouna Gold Project, targeting extensive artisanal gold workings and historic high-grade intercepts. The company ...
Desoto JV Moves on First Guinea Gold Portfolio in Siguiri Basin
Jul 7, 2026
Desoto Resources has taken a significant step in expanding its West African gold footprint, announcing that its joint venture vehicle High Guinea Gold SARLU has signed a Heads of Agreement to acquire up to seven gold exploration projects in Guinea...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.