Desert MetalsĀ Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

Desert Metals Limited explores for mineral properties in Australia. The company primarily explores for nickel, copper, gold, lead, zinc, chrome, rare earth elements, and platinum group elements. It holds interest in the Narryer project that includes nine granted exploration licenses covering an area of approximately 1,600 square kilometers located on the northwest margin of the Yilgarn Craton in Western Australia; a 100% interest in Innouendy project; Irrida Hill Nickel project; Dingo Pass; Opal Bore Gold project; Hooper project; and Belele project. The company was incorporated in 2017 and is based in Perth, Australia.

Financial highlights

Market Capitalization$3.0467 million
P/E Ratio0
P/E Growth Ratio
Book Value0.127
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-553.766
Profit Margin0
Operating Margin TTM-25.5663
Return on Assets TTM-0.0421
Return on Equity TTM-0.0846
Revenue TTM22.628

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2015-06-30 229.343 0 229.343 4,408.629
2016-06-30 1,161.152 0 1,161.152 7,206.883
2017-06-30 1,087.44 0 1,087.44 6,519.113
2018-06-30 0
2019-06-30 0
2020-06-30 0
2021-06-30 0 1,186.601
2022-06-30 160.33 727.591

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2015-06-30 131.856 4,787.059 5,286.738 4,522.892 6,106.746
2016-06-30 1,264.795 9,773.325 1,908.751 1,000 22,409.803
2017-06-30 3,479.3 10,838.975 1,636.538 672 28,925.131
2018-06-30 9.28 9.28 2.4 0 15
2019-06-30 114.02 114.6 3.1 0 265
2020-06-30 5,744.202 5,746.448 187.561 0 5,558.887
2021-06-30 3,710.144 5,722.839 274.331 0 6,102.035
2022-06-30 3,013.946 7,686.47 184.424 0 8,640.035

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2015-06-30 -4,165.559 -7,457.054 -209.328
2016-06-30 -8,754.488 -8,664.861 1,132.939
2017-06-30 -5,431.673 -2,739.137 2,214.505
2018-06-30 -6.5 -4.578 7.422
2019-06-30 -145.37 -145.257 104.743
2020-06-30 -44.263 -33.564 182.936 296.957
2021-06-30 -1,200.451 -478.566 3,413.187 296.957 3,710.144
2022-06-30 -567.262 -486.406 -696.198 3,710.144 3,013.946