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Desert Mountain Energy Corp
(DME)
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Rating:45Neutral
Price Target:
C$0.20
▲(11.11% Upside)
Action:Reiterated
Date:08/29/26
The score is held down primarily by weak financial performance—declining, very small revenue alongside deeply negative profitability and ongoing cash burn—despite a strong, low-risk capital structure with zero debt. Technicals add further pressure, with the price below key moving averages and negative MACD, while valuation is difficult to support given negative earnings and no provided dividend yield.
Positive Factors
Zero Debt
Zero debt materially reduces solvency and refinancing pressure while preserving financial flexibility. This gives the company more capacity to direct capital toward exploration, development, and commercialization without the ongoing interest burden or covenant constraints associated with leverage.
Negative Factors
Declining Revenue
Very low and declining revenue indicates that the commercialization model has not yet produced dependable scale. Persistent top-line weakness limits internal funding capacity, makes operating costs harder to cover, and leaves future progress dependent on successful development and sales execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero Debt
Zero debt materially reduces solvency and refinancing pressure while preserving financial flexibility. This gives the company more capacity to direct capital toward exploration, development, and commercialization without the ongoing interest burden or covenant constraints associated with leverage.
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)71.92K
Price to Earnings (P/E)―
Beta (1Y)0.01
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. Volume45,841
30 Day Avg. Volume71,917
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)0.05
Revenue Forecast (FY)C$12.70M
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 | -1.69M | -2.04M | -3.98M | -6.22M | -6.56M | -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
Neutral
0.18
Price Trends
0.20
Positive
0.25
Negative
0.28
Negative
Market Momentum
>-0.01
Negative
56.43
Neutral
81.90
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DME, the sentiment is Neutral. The current price of 0.18 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.20, and below the 200-day MA of 0.28, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 56.43 is Neutral, neither overbought nor oversold. The STOCH value of 81.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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% | |
50 Neutral | C$87.48M | -6.09 | -196.18% | ― | -100.00% | -37.67% | |
50 Neutral | C$25.64M | -3.48 | -36.91% | ― | 8.07% | 75.76% | |
45 Neutral | C$21.26M | -12.65 | -3.30% | ― | -1.78% | 49.69% | |
44 Neutral | C$21.31M | -1.41 | 134.84% | ― | 6.62% | -66.67% | |
43 Neutral | C$59.95M | -26.27 | -8.75% | ― | ― | 51.51% | |
41 Neutral | C$17.58M | -5.75 | -666.70% | ― | -24.51% | 1.06% |
* General Sector Average
TSE:DME
Desert Mountain Energy Corp
0.19
-0.10
-35.09%
TSE:AVN
Avanti Energy
0.46
0.19
68.52%
TSE:PEI
Prospera Energy Inc
0.04
<0.01
16.67%
TSE:JEV
Jericho Energy Ventures
0.27
0.15
125.00%
TSE:WIL
Wilton Resources
0.23
-0.23
-50.00%
TSE:SOU
Southern Energy
0.07
0.02
40.00%
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.