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Dart Mining NL
(Sydney:DTM)
Dart Mining NL (DTM) vs. S&P 500 (SPY)
Dart Mining NL Business Overview & Revenue Model
Dart Mining NL Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 624.00 | 1.26K | 13.86K | 29.41K | 23.56K | Gross Profit |
| -1.40M | -662.14K | -229.75K | 18.39K | 13.44K | EBIT |
| -2.01M | -1.36M | -734.33K | -810.61K | -566.30K | EBITDA |
| -1.74M | -871.52K | -432.16K | -779.82K | -542.33K | Net Income Common Stockholders |
| -1.76M | -912.41K | -454.94K | -790.84K | -552.45K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 230.89K | 190.62K | 375.69K | 1.10M | 890.09K | Total Assets |
| 21.33M | 22.35M | 18.43M | 15.84M | 11.22M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -230.89K | -190.62K | -375.69K | -1.10M | -890.09K | Total Liabilities |
| 965.32K | 2.29M | 656.74K | 834.11K | 326.28K | Stockholders Equity |
| 20.37M | 20.06M | 17.77M | 15.00M | 10.89M |
| Cash Flow | Free Cash Flow | |||
| -4.25M | -3.44M | -3.95M | -4.58M | -1.42M | Operating Cash Flow |
| -546.02K | -322.96K | -347.83K | -644.66K | -362.83K | Investing Cash Flow |
| -1.14M | -2.63M | -3.49M | -3.87M | -1.05M | Financing Cash Flow |
| 1.73M | 2.77M | 3.11M | 4.72M | 1.97M |
Dart Mining NL Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $3.14B | 8.88 | 26.42% | 3.19% | 54.37% | 310.22% | |
67 Neutral | $481.41M | 26.07 | 5.86% | ― | 10.37% | -39.24% | |
49 Neutral | $1.95B | -1.37 | -21.43% | 3.74% | 0.84% | -29.84% | |
39 Underperform | AU$969.53M | ― | -9.04% | ― | ― | -114.29% | |
32 Underperform | AU$3.44M | ― | -8.13% | ― | 248.60% | -122.22% |
Dart Mining NL Corporate Events
Dart Mining NL held an Extraordinary General Meeting on April 30, 2025, where all resolutions were passed, including the adoption of an Employee Incentive Scheme and amendments to the company constitution. The approval of director options and ratification of placements indicate strategic moves to strengthen the company’s leadership and financial positioning, potentially impacting its operational capabilities and stakeholder interests positively.
Dart Mining NL has announced amendments to its previous operations update, confirming sulphide mineralisation at the Triumph Gold Project. The company has completed five diamond drill holes, with plans for an additional 5,000 meters of RC drilling to enhance exploration efforts. The company is also progressing with due diligence on the Coonambula Antimony Gold Joint Venture and is in advanced discussions regarding the divestment of several Victorian projects. These developments indicate a strategic focus on expanding exploration activities and engaging with investors to support corporate growth.
Dart Mining NL has entered into option agreements with Infinity Lithium Corporation Limited for the divestment and earn-out joint venture of its Mitta Mitta and Corryong exploration projects in Victoria’s Lachlan Fold Belt. This strategic move allows Dart Mining to concentrate on its core projects while potentially benefiting from Infinity’s exploration success, with a total consideration of up to $3.4 million in cash and shares if all performance milestones are met.
Infinity Lithium Corporation Limited has entered into option agreements to acquire a 100% interest in the Mitta Mitta Project and an earn-in joint venture on the Corryong Project, both located in the Lachlan Fold Belt, Victoria. These projects, which include gold-copper-silver exploration, complement Infinity’s existing assets and offer significant potential for high-grade mineralization. The agreements allow Infinity to consolidate a major goldfield and explore prospective geological units with minimal upfront costs, enhancing its exploration opportunities while awaiting the assessment of its San Jose Lithium Project Mining Licence Application.
Dart Mining NL has requested a trading halt on its securities pending an announcement regarding the divestment of tenements. This move is expected to temporarily suspend trading until either the announcement is made or normal trading resumes on April 28, 2025, potentially impacting the company’s market activities and stakeholder interests.
Dart Mining NL has made significant progress in its operations, particularly at the Triumph Gold Project, where five diamond drill holes have been completed, revealing sulphide mineralisation. The company is planning additional RC drilling to complement its ongoing exploration efforts. Furthermore, Dart Mining has completed due diligence on the Coonambula Antimony Gold Joint Venture and is preparing for initial drilling in July 2025. The company is also in advanced discussions regarding the divestment of several Victorian projects. These developments, along with successful investor engagements across major cities, indicate a strategic push to enhance exploration and corporate growth.
Dart Mining NL has successfully completed its due diligence on the Coonambula Antimony-Gold Project in Queensland, marking a significant step in its agreement with Great Divide Mining Limited. This development allows Dart Mining to earn an initial 51% interest in the project, which includes plans for drilling to establish a JORC-compliant resource at the Banshee Antimony Mine. The strategic location of the Coonambula project near Dart’s flagship Triumph Gold Project enhances its regional presence and potential impact on the company’s operations and market positioning.
Dart Mining NL has announced an Extraordinary General Meeting (EGM) for its shareholders, scheduled for April 30, 2025, to be held virtually. This meeting will allow shareholders to engage with the company’s strategic decisions and vote on important matters, reflecting Dart Mining’s commitment to transparency and shareholder involvement.
Dart Mining NL has announced an Extraordinary General Meeting (EGM) scheduled for April 30, 2025, to be held virtually. Shareholders are invited to participate online, with voting to be conducted via a poll. This meeting is significant for stakeholders as it allows them to engage directly with the company’s strategic decisions and future directions, emphasizing the importance of shareholder involvement in corporate governance.
Dart Mining NL has released a presentation emphasizing that visual estimates of mineralization should not be considered a substitute for laboratory analysis. The company cautions investors about the inherent risks and uncertainties associated with forward-looking statements, urging them not to place undue reliance on such information.
Dart Mining NL announced that drilling at its Triumph Project has confirmed significant sulphide mineralisation in expected locations and revealed unexpected sulphide veining outside the previously defined mineral resource domains. This development indicates potential for growth and expansion of the mineral resource inventory, with assay results expected by early April 2025.
Dart Mining NL has announced significant findings from its drilling operations at the Triumph Project, confirming the presence of sulphide mineralisation in expected locations and discovering additional veining outside the previously defined resource domains. These developments suggest potential for resource expansion and growth, as the company continues its drilling program with improved operational efficiency, overcoming initial weather and staffing challenges.
Dart Mining NL has entered a binding farm-in agreement with Great Divide Mining to acquire up to a 51% interest in the Coonambula Antimony-Gold Project in Queensland. This strategic move aims to leverage Dart Mining’s existing resources and infrastructure to explore and potentially define a significant gold system in a region known for multimillion-ounce gold resources, enhancing its industry positioning and offering potential growth opportunities for stakeholders.
Dart Mining NL has entered into a binding farm-in agreement with Great Divide Mining to earn up to a 51% interest in the Coonambula Antimony-Gold Project in Queensland. This strategic move positions Dart Mining at the forefront of antimony exploration in Australia, especially given the increasing demand and prices for antimony due to export restrictions from China. The project, which includes high-grade antimony and gold intersections, offers Dart Mining the opportunity to rapidly advance its exploration efforts and potentially declare a JORC-compliant resource at the historic Banshee Mine.
Great Divide Mining Ltd has entered into a joint venture agreement with Dart Mining NL to farm-out its Coonambula Antimony-Gold Project. Dart Mining will initially acquire a 15% stake in the project, which includes historically underexplored tenements, with the potential to increase its holding to 51% by conducting significant exploration activities. This agreement is a strategic move for Great Divide Mining, aligning with its goal to transition into a mining producer and focusing on project development and near-term cash flow.
Dart Mining NL has announced an update to the JORC Mineral Resource estimate for its Triumph project in Queensland, increasing the resource to 2.16 million tonnes at 2.17 grams per tonne of gold, totaling 150,000 ounces. This update represents a 7% increase in grade and a 27% increase in contained gold ounces, significantly reducing the acquisition cost per ounce. The resource remains open for expansion, with ongoing drilling expected to further enhance the estimate, potentially impacting the company’s market positioning and stakeholder interests positively.
Dart Mining NL has announced the issuance of 89,708,337 fully paid ordinary shares at $0.005 per share through a placement. This move is in compliance with the Corporations Act, and the company has confirmed there is no excluded information that investors should be aware of. This issuance is part of the company’s strategy to raise capital, which may impact its operational capabilities and market positioning.
Dart Mining NL has announced the application for quotation of 89,708,337 fully paid ordinary securities on the ASX, as part of previously announced transactions. This move is expected to enhance the company’s capital structure and potentially improve its market positioning, offering stakeholders a clearer view of its financial strategies.
Dart Mining NL has announced a proposed issue of securities, with a total of 1.01 billion securities set to be issued. This includes 410 million options exercisable at 1 cent and 600 million fully paid ordinary shares, with the issue date set for 31 March 2025. This move reflects Dart Mining’s strategic efforts to raise capital potentially for expansion or operational development, indicating a proactive approach to enhance their market position and provide value to stakeholders.
Dart Mining NL has secured firm commitments to raise A$3 million through a two-tranche placement of new shares to fund diamond drilling at its Triumph Gold Project. The placement includes a discount on the share price and the issuance of free options, with funds allocated primarily for project development and operational capital, demonstrating strong shareholder support and strategic growth in gold exploration.
Dart Mining NL has announced amendments to a previous release regarding its Raglan Goldfield project, removing references to a 2022 Mineral Resource Estimation due to insufficient validation. The company plans to conduct a thorough review and update of the resource figures in early 2025. Additionally, Dart Mining has applied for a new Exploration Permit covering the Raglan Goldfield, aiming to consolidate its position in Central Queensland and explore the area’s gold and copper potential. The permit covers historical gold mines and aligns with the company’s strategy to expand its mineral exploration footprint.
Dart Mining NL has applied for a new Exploration Permit Minerals (EPM 29171) in Central Queensland, covering the historic Raglan Goldfield. This move aims to consolidate its gold projects in the region, including the newly acquired Triumph Gold Project. The area is known for its potential in gold and copper mineralization, with historic mines and geological formations indicative of significant mineral prospects. The company’s strategy aligns with its focus on expanding gold exploration in favorable regions, potentially enhancing its market position and offering strategic benefits to its stakeholders.