Desert Metals Limited explores for mineral properties in Australia. The company primarily explores for nickel, copper, gold, lead, zinc, base metals, rare earth elements, and platinum group elements. It holds interest in the Narryer project that includes 9 granted exploration licenses covering an area of approximately 1,600 square kilometers located on the northwest margin of the Yilgarn Craton in Western Australia; and 60% interests in the Little Gap Well project that comprises 14,500 hectares, as well as the Mount Opal project located in the Meekatharra gold district. The company also holds interest in the Innouendy project; the Irrida Hill Nickel project; the Dingo Pass projet; the Opal Bore Gold project; the Hooper project; and the Belele project. Desert Metals Limited was incorporated in 2017 and is based in Mount Hawthorn, Australia.
Metrics to compare | DM1 | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipDM1PeersSector | |
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P/E Ratio | −7.6x | −2.3x | 0.0x | |
PEG Ratio | 0.52 | 0.02 | 0.00 | |
Price/Book | 0.7x | 0.9x | 1.6x | |
Price / LTM Sales | 477.6x | 55.8x | 1.2x | |
Upside (Analyst Target) | - | 25.4% | 37.0% | |
Fair Value Upside | Unlock | 8.6% | 3.5% | Unlock |