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DMX Stock Chart & Stats
C$0.61
C$0.01(2.50%)
At close: 4:00 PM EST
C$0.61
C$0.01(2.50%)
Day’s Range― - ―
52-Week RangeC$0.36 - C$1.65
Previous CloseN/A
Volume43.63K
Average Volume (3M)343.96K
Market Cap
C$84.98M
Enterprise ValueC$113.23
Total Cash (Recent Filing)C$16.62M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.25
Next Earnings
Nov 27, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding190,961,600
10 Day Avg. Volume473,431
30 Day Avg. Volume343,959
Financial Highlights & Ratios
PEG Ratio3.86
Price to Book (P/B)3.70
Price to Sales (P/S)0.00
P/FCF Ratio-42.45
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
Debt-Free Balance SheetZero reported debt across the period limits interest and refinancing pressure, giving District Metals greater flexibility to fund exploration and absorb operating volatility. This lowers solvency risk while the company works toward revenue-producing mineral projects.
Growing Equity BaseEquity rose from about $7.3M in 2021 to roughly $31.8M in 2026, while assets reached about $32.6M. The expanding capital base provides a stronger financial foundation for continued exploration than a shrinking balance sheet.
Limited Non-Cash DistortionFree cash flow broadly tracks net losses, with free cash flow to net income near 1.0 in 2026. That indicates limited non-cash distortion in reported results, making the cash-burn profile clearer for assessing funding needs and project progress.
Bears Say
No Operating RevenueRevenue was $0 across all reported years, leaving the company without an operating sales base. Until exploration assets reach a monetization or production stage, financial performance lacks recurring customer revenue and earnings visibility remains limited.
Persistent Widening LossesNet losses persisted at roughly $1.3M–$4.1M, and the 2026 loss widened versus 2025. Continued losses indicate exploration spending has not yet translated into profitability, weakening returns on the growing equity base and extending the path to self-funded operations.
Recurring Cash BurnOperating and free cash flow were negative every year, with free cash flow deteriorating in 2026 versus 2025. Recurring outflows mean District Metals remains dependent on external funding until revenue-producing operations begin, creating a durable capital requirement.
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$84.98M.
When is District Metals’s upcoming earnings report date?
District Metals’s upcoming earnings report date is Nov 27, 2026 which is in 57 days.
How were District Metals’s earnings last quarter?
District Metals released its earnings results on Sep 25, 2026. The company reported -C$0.012 earnings per share for the quarter.
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 190,961,600 shares outstanding.
What happened to District Metals’s price movement after its last earnings report?
District Metals reported an EPS of -C$0.012 in its last earnings report. Following the earnings report the stock price went down -5.747%.
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
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