Want to see TSE:DMET full AI Analyst Report?
Top Page
Denarius Metals Corp
(NEO-L:DMET)
Select Model
Select Model
Rating:46Neutral
Price Target:
C$0.57
▼(-2.07% Downside)
Action:Reiterated
Date:08/17/26
The score is primarily held back by weak financial performance—large net losses, negative ROE, and ongoing operating/free-cash-flow burn—despite improving revenue and gross margin and a better (but still leveraged) balance sheet. Technicals are broadly neutral with price sitting on major moving averages, while valuation remains pressured because earnings are negative and dividend yield is unavailable.
Positive Factors
Strong Revenue Growth
The sharp increase in trailing revenue indicates improving commercialization and project-related activity. Sustained top-line expansion could strengthen operating leverage and provide a broader base for future profitability as projects advance.
Negative Factors
Persistent Operating Losses
Large operating and net losses show that the company has not yet established a self-sustaining earnings model. Persistently negative returns can constrain reinvestment, weaken shareholder value, and increase reliance on external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The sharp increase in trailing revenue indicates improving commercialization and project-related activity. Sustained top-line expansion could strengthen operating leverage and provide a broader base for future profitability as projects advance.
Read all positive factors
Denarius Metals Corp (DMET) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$36.29M
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)N/A
Revenue Growth20359.02%
EPS Growth-15.19%
CountryCA
Employees78
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.25
Shares Outstanding211,949,550
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)1.51
Price to Sales (P/S)36.34
P/FCF Ratio-4.98
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)0.62
Revenue Forecast (FY)C$296.85M
Denarius Metals Corp Business Overview & Revenue Model
Company Description
Denarius Metals Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Spain and Colombia. It explores for copper, zinc, lead, gold, silver, nickel, cobalt, platinum, and palladium deposits. The company ...
How the Company Makes Money
Denarius Metals Corp’s revenue model is not publicly available in the prompt context; therefore, specific, company-confirmed revenue streams and current sources of earnings are null. In general for a metals exploration and development company, pot...
Denarius Metals Corp Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
41
Neutral
Cash Flow
23
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.93M | 1.66M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 3.83M | 552.00K | 0.00 | -252.55K | -129.65K | -56.50K |
| EBITDA | -21.82M | -29.03M | -4.62M | -3.99M | -2.97M | -5.84M |
| Net Income | -31.95M | -31.15M | -9.84M | -14.70M | -7.13M | -25.22M |
Balance Sheet | ||||||
| Total Assets | 135.69M | 112.62M | 81.05M | 89.44M | 43.80M | 48.70M |
| Cash, Cash Equivalents and Short-Term Investments | 18.92M | 6.90M | 1.13M | 7.63M | 1.79M | 15.15M |
| Total Debt | 61.58M | 60.59M | 30.70M | 23.02M | 226.90K | 65.91K |
| Total Liabilities | 73.34M | 72.65M | 41.38M | 50.76M | 7.09M | 1.65M |
| Stockholders Equity | 62.35M | 39.97M | 39.67M | 36.37M | 36.68M | 47.05M |
Cash Flow | ||||||
| Free Cash Flow | -15.16M | -12.08M | -15.84M | -17.59M | -11.90M | -6.65M |
| Operating Cash Flow | -6.47M | -4.72M | -4.05M | -2.57M | -3.17M | -4.75M |
| Investing Cash Flow | -10.62M | -10.89M | -22.14M | -15.67M | -9.13M | -7.23M |
| Financing Cash Flow | 30.79M | 21.14M | 20.00M | 24.66M | -72.03K | 27.05M |
Denarius Metals 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% | |
46 Neutral | C$36.29M | -2.32 | -68.55% | ― | 20359.02% | -15.19% | |
46 Neutral | C$36.83M | -6.16 | -36.86% | ― | ― | 47.55% | |
45 Neutral | C$20.70M | -3.69 | -192.11% | ― | ― | -37.34% | |
42 Neutral | C$29.68M | -5.33 | -5002.48% | ― | ― | 52.92% | |
41 Neutral | C$57.57M | -2.90 | -84.70% | ― | ― | -15.98% | |
40 Underperform | C$31.88M | -3.14 | 36.17% | ― | ― | 52.34% |
* General Sector Average
TSE:DMET
Denarius Metals Corp
0.58
0.00
0.00%
TSE:BBB
Brixton Metals
0.66
-0.09
-12.00%
TSE:WEX
Western Exploration Inc
0.59
-0.22
-27.16%
TSE:GBU
Gabriel Resources
0.12
-0.02
-11.54%
TSE:MRZ
Mirasol Resources
0.34
-0.04
-10.67%
TSE:TSLV
Tier One Silver
0.08
-0.04
-33.33%
Denarius Metals Corp Corporate Events
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Denarius Metals Posts Higher Revenue and Retires Debentures as Zancudo Output Ramps Up
Positive
Aug 14, 2026
Denarius Metals reported a sharp increase in early production from its Zancudo Project in Colombia in the second quarter of 2026, boosting shipments of mined material by 67% from the prior quarter and lifting first-half payable output to 1,516 oun...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
Denarius Metals Buys Strategic Stake in Copper Giant, Tapping Colombia’s Mocoa Copper Project
Positive
Aug 6, 2026
Denarius Metals has agreed to lead a non-brokered private placement in Copper Giant Resources Corp., committing CA$28.8 million to acquire a 15.6% equity stake and securing board-level representation through the appointment of its CEO to Copper Gi...
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.