District Metals Corp Stock Fundamentals
| DMX Stock | CAD 0.38 0.02 5.56% |
District Metals Corp fundamentals help investors to digest information that contributes to District Metals' financial success or failures. It also enables traders to predict the movement of District Stock. The fundamental analysis module provides a way to measure District Metals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to District Metals stock.
At this time, District Metals' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 1.9 M in 2024, whereas Operating Income is likely to drop (1.1 M) in 2024. District | Select Account or Indicator |
District Metals Corp Company Shares Outstanding Analysis
District Metals' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current District Metals Shares Outstanding | 130.57 M |
Most of District Metals' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, District Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
District Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for District Metals is extremely important. It helps to project a fair market value of District Stock properly, considering its historical fundamentals such as Shares Outstanding. Since District Metals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of District Metals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of District Metals' interrelated accounts and indicators.
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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District Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, District Metals Corp has 130.57 M of shares currently outstending. This is 78.75% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The shares outstanding for all Canada stocks is 77.17% higher than that of the company.
District Metals Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining District Metals's current stock value. Our valuation model uses many indicators to compare District Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across District Metals competition to find correlations between indicators driving District Metals's intrinsic value. More Info.District Metals Corp is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers . At this time, District Metals' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the District Metals' earnings, one of the primary drivers of an investment's value.District Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses District Metals' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of District Metals could also be used in its relative valuation, which is a method of valuing District Metals by comparing valuation metrics of similar companies.District Metals is currently under evaluation in shares outstanding category among its peers.
District Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of District Metals from analyzing District Metals' financial statements. These drivers represent accounts that assess District Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of District Metals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 8.6M | 21.7M | 9.1M | 6.6M | 35.4M | 37.2M | |
| Enterprise Value | 6.1M | 18.0M | 7.6M | 4.0M | 29.6M | 31.1M |
District Fundamentals
| Return On Equity | -0.24 | ||||
| Return On Asset | -0.14 | ||||
| Current Valuation | 43.61 M | ||||
| Shares Outstanding | 130.57 M | ||||
| Shares Owned By Insiders | 3.83 % | ||||
| Shares Owned By Institutions | 6.88 % | ||||
| Number Of Shares Shorted | 14.07 K | ||||
| Price To Book | 3.88 X | ||||
| Gross Profit | (15.65 K) | ||||
| EBITDA | (1.21 M) | ||||
| Net Income | (1.32 M) | ||||
| Cash And Equivalents | 5.04 M | ||||
| Cash Per Share | 0.07 X | ||||
| Total Debt | 119.24 K | ||||
| Current Ratio | 15.98 X | ||||
| Book Value Per Share | 0.1 X | ||||
| Cash Flow From Operations | (848.43 K) | ||||
| Short Ratio | 0.35 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 49.62 M | ||||
| Total Asset | 10.12 M | ||||
| Retained Earnings | (61.2 M) | ||||
| Working Capital | 2.52 M | ||||
| Net Asset | 10.12 M |
About District Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze District Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of District Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of District Metals Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Capex To Revenue | 7.50 | 5.98 | |
| Revenue Per Share | 2.56 | 2.00 | |
| Ebit Per Revenue | (11.58) | (12.16) |
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Additional Tools for District Stock Analysis
When running District Metals' price analysis, check to measure District Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy District Metals is operating at the current time. Most of District Metals' value examination focuses on studying past and present price action to predict the probability of District Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move District Metals' price. Additionally, you may evaluate how the addition of District Metals to your portfolios can decrease your overall portfolio volatility.