Want to see TSE:DMX full AI Analyst Report?
DMX Stock Chart & Stats
C$1.31
C$0.01(2.50%)
At close: 4:00 PM EST
C$1.31
C$0.01(2.50%)
Day’s Range― - ―
52-Week RangeC$0.36 - C$1.65
Previous CloseN/A
Volume43.63K
Average Volume (3M)847.91K
Market Cap
C$116.39M
Enterprise ValueC$129.23M
Total Cash (Recent Filing)C$8.64M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.42
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding190,807,420
10 Day Avg. Volume1,206,247
30 Day Avg. Volume847,908
Financial Highlights & Ratios
PEG Ratio-2.26
Price to Book (P/B)5.01
Price to Sales (P/S)0.00
P/FCF Ratio-24.88
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)-0.02
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetZero debt reduces financial risk and interest burden, preserving flexibility to fund exploration via equity or JV deals. For an exploration-stage company, lack of leverage extends runway and lowers insolvency risk, enabling optionality in pursuing drilling and partner negotiations.
Growing Equity BaseA meaningful increase in equity and assets (~$24.7M TTM) demonstrates the company's ability to raise capital and supports larger exploration programs. A stronger capital base provides near-term funding flexibility and reduces immediate dependence on project-level revenue.
Clear Exploration Monetization ModelA focused business model targeting zinc, copper, lead, and silver in Sweden with explicit monetization paths (sale, option/JV, or advancing to development) creates predictable strategic options. This clarity aids partner engagement and structured progress over multiple funding cycles.
Bears Say
Pre-revenue With Widening LossesThe company remains pre-revenue with growing operating losses (~ -$3.8M TTM). Sustained negative earnings limit reinvestment capacity, force continual external funding, and increase dilution risk until a discovery is converted into a monetizable resource or a partner funds further work.
Negative Cash GenerationConsistent negative operating and free cash flow (~ -$3.1M TTM) reflects structural cash burn from exploration. Ongoing outflows require recurring capital raises, which can constrain the scale and timing of multi-year drilling campaigns critical to defining resources and attracting partners.
Persistent Negative ROEROE near -19% indicates the enlarged equity base is not producing returns and capital is being consumed. Even with increased equity, persistent negative returns signal value destruction absent discovery or partner proceeds, extending dependence on external financing.
District Metals News
DMX FAQ
What was District Metals’s price range in the past 12 months?
District Metals lowest stock price was C$0.35 and its highest was C$1.65 in the past 12 months.
What is District Metals’s market cap?
District Metals’s market cap is C$116.39M.
When is District Metals’s upcoming earnings report date?
District Metals’s upcoming earnings report date is Sep 25, 2026 which is in 49 days.
How were District Metals’s earnings last quarter?
District Metals released its earnings results on May 29, 2026. The company reported C$0 earnings per share for the quarter, the consensus estimate of C$0 by C$0.
Is District Metals overvalued?
According to Wall Street analysts District Metals’s price is currently Overvalued.
Does District Metals pay dividends?
District Metals does not currently pay dividends.
What is District Metals’s EPS estimate?
District Metals’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does District Metals have?
District Metals has 190,807,420 shares outstanding.
What happened to District Metals’s price movement after its last earnings report?
District Metals reported an EPS of C$0 in its last earnings report, expectations of C$0. Following the earnings report the stock price went down -1.408%.
Which hedge fund is a major shareholder of District Metals?
Currently, no hedge funds are holding shares in TSE:DMX
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
Company Description
District Metals
District Metals Corp., a junior mineral exploration stage company, acquires, explores, and evaluates mineral resource properties. It explores for lead, zinc, silver, copper, molybdenum, cobalt, yttrium, and other rare earth elements. The company was formerly known as MK2 Ventures Ltd. and changed its name to District Metals Corp. in July 2019. District Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.
Technical Analysis
Emerita Resources
―
Surge Copper Corp
―
GR Silver Mining
―
Group Eleven Resources
―
Arizona Metals
―