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Desert Mountain Energy Corp
(DME)
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Rating:52Neutral
Price Target:
C$0.21
▲(15.00% Upside)
Action:Reiterated
Date:10/29/26
The score is held back primarily by weak financial performance—declining low revenue, large ongoing losses, and negative operating/free cash flow—despite a notable strength in the capital structure with zero debt and a solid equity base. Technicals are moderately supportive (price above most shorter-term averages with RSI in the mid-60s), but valuation remains unattractive/unclear due to a negative P/E and no dividend yield data.
Positive Factors
Debt-Free Balance Sheet
A debt-free balance sheet reduces solvency and refinancing risk while preserving financial flexibility. This gives DME more capacity to allocate capital toward exploration and development without the mandatory interest burden that can constrain highly leveraged resource companies.
Negative Factors
Declining Revenue
Very low and declining revenue shows that DME has not yet established a dependable commercial revenue base. Persistent top-line weakness limits internal funding, makes operating leverage difficult to achieve, and leaves future performance dependent on successful project progression.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
A debt-free balance sheet reduces solvency and refinancing risk while preserving financial flexibility. This gives DME more capacity to allocate capital toward exploration and development without the mandatory interest burden that can constrain highly leveraged resource companies.
Read all positive factors
Desert Mountain Energy Corp (DME) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$21.26M
Dividend YieldN/A
Average Volume (3M)30.57K
Price to Earnings (P/E)―
Beta (1Y)-0.38
Revenue Growth-1.78%
EPS Growth49.69%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.02
Shares Outstanding103,703,600
10 Day Avg. Volume46,378
30 Day Avg. Volume30,571
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)0.62
Price to Sales (P/S)78.35
P/FCF Ratio-11.43
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
Desert Mountain Energy Corp Business Overview & Revenue Model
Company Description
Desert Mountain Energy Corp. (DME.V) is an enterprise dedicated to the exploration and development of oil, natural gas, and various mineral properties. Its operational footprint extends across the United States, Canada, and internationally. Among ...
How the Company Makes Money
DME’s intended revenue model is to generate cash flow from the commercialization of helium (and potentially associated natural gas) produced from its wells. In practical terms, the company would make money by (1) producing helium-bearing gas from ...
Desert Mountain Energy Corp Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
72
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Sep 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 253.68K | 377.23K | 860.34K | 1.74M | 443.92K | 0.00 |
| Gross Profit | -506.13K | -403.32K | -410.00K | 864.51K | 244.42K | -5.06K |
| EBITDA | -1.73M | -2.04M | -3.98M | -6.22M | -6.34M | -7.89M |
| Net Income | -1.58M | -2.30M | -4.58M | -11.59M | -7.53M | -8.78M |
Balance Sheet | ||||||
| Total Assets | 53.99M | 50.57M | 50.53M | 59.45M | 40.02M | 34.52M |
| Cash, Cash Equivalents and Short-Term Investments | 1.77M | 272.54K | 1.18M | 12.09M | 12.52M | 26.82M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 3.66M | 3.20M | 3.30M | 8.68M | 2.71M | 666.93K |
| Stockholders Equity | 50.33M | 47.37M | 47.23M | 50.77M | 37.31M | 33.85M |
Cash Flow | ||||||
| Free Cash Flow | -2.16M | -2.59M | -9.71M | -14.14M | -13.61M | -5.79M |
| Operating Cash Flow | -1.44M | -2.04M | -2.63M | -4.70M | -3.52M | -1.60M |
| Investing Cash Flow | -279.89K | 224.93K | -8.28M | -16.88M | -17.86M | -4.18M |
| Financing Cash Flow | 3.11M | 887.40K | 0.00 | 21.43M | 7.00M | 22.31M |
Desert Mountain Energy Corp Technical Analysis
Positive
0.18
Price Trends
0.18
Positive
0.20
Positive
0.27
Negative
Market Momentum
>-0.01
Negative
65.17
Neutral
97.14
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DME, the sentiment is Positive. The current price of 0.18 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.18, and below the 200-day MA of 0.27, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 65.17 is Neutral, neither overbought nor oversold. The STOCH value of 97.14 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DME.
Desert Mountain Energy Corp Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$21.26M | -12.65 | -3.30% | ― | -1.78% | 49.69% | |
47 Neutral | C$68.30M | -4.64 | -196.18% | ― | -100.00% | -37.67% | |
46 Neutral | C$61.26M | -26.84 | -8.75% | ― | ― | 51.51% | |
46 Neutral | C$25.64M | -3.45 | -36.91% | ― | 8.07% | 75.76% | |
44 Neutral | C$18.32M | -1.20 | 134.84% | ― | 6.62% | -66.67% | |
43 Neutral | C$19.62M | -6.42 | -666.70% | ― | -24.51% | 1.06% |
* General Sector Average
TSE:DME
Desert Mountain Energy Corp
0.21
-0.26
-55.43%
TSE:AVN
Avanti Energy
0.48
0.24
97.92%
TSE:PEI
Prospera Energy Inc
0.03
-0.02
-40.00%
TSE:JEV
Jericho Energy Ventures
0.20
0.04
26.88%
TSE:WIL
Wilton Resources
0.24
-0.10
-29.41%
TSE:SOU
Southern Energy
0.07
0.00
0.00%
Desert Mountain Energy Corp Corporate Events
Business Operations and StrategyRegulatory Filings and Compliance
Desert Mountain Energy Backs U.S. Move to Classify Helium as Critical Material
Positive
Oct 26, 2026
Desert Mountain Energy Corp., a Vancouver-based resource company listed on the TSX Venture Exchange, U.S. OTC and Frankfurt, specializes in exploring and producing helium, hydrogen and natural gas. The company emphasizes environmentally and econom...
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.