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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$0.33
Previous CloseN/A
Volume195.16K
Average Volume (3M)1.76M
Market Cap
AU$195.27M
Enterprise ValueAU$110.42M
Total Cash (Recent Filing)AU$24.16M
Total Debt (Recent Filing)AU$96.84K
Price to Earnings (P/E)―
Beta2.06
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 ratio (0.01) reduces financial distress risk and preserves flexibility to fund exploration or wait for favourable farm-out/asset-sale terms. This structural balance-sheet conservatism supports survival through long exploration cycles.
Exposure To Critical MineralsFocus on uranium and copper aligns DevEx with long-term structural demand for critical energy and infrastructure minerals. Successful discoveries in these commodites can attract strategic partners and higher valuations given global decarbonisation and electrification trends.
Monetisation/Farm-out Business ModelA business model centred on asset sales, farm-outs and royalties allows DevEx to advance projects without sole capital burden. This durable strategy transfers development risk to partners, conserves cash, and enables value crystallisation without requiring near-term production.
Bears Say
Steep Revenue Decline & LossesA pronounced revenue contraction and enduring net losses signal limited near-term commercialisation and weak operating performance. Over months this reduces optionality, necessitates external funding, and makes it harder to retain investor support during exploration-led development.
Negative Operating And Free Cash FlowConsistently negative operating and free cash flows force reliance on equity raises or partner funding to sustain exploration. This structural cash deficit raises dilution and execution risk, constraining the company's ability to progress multiple projects or fund costly drilling programs.
Negative Return On EquityA deeply negative ROE indicates capital destruction and poor returns on shareholder funds. Persistent negative ROE undermines management's ability to attract patient capital and suggests existing assets have yet to demonstrate value creation potential, affecting long-term financing.
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$0.33 in the past 12 months.
What is DevEx Resources Ltd’s market cap?
DevEx Resources Ltd’s market cap is AU$195.27M.
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 83 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 72%
Sector Average 72%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
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. It explores for uranium, copper, nickel, gold, rare earth element, and platinum group element. 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.
DEV Stock 12 Month Forecast
Average Price Target
AU$0.41
▲(156.25% Upside)
Technical Analysis
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