` DM1 (Desert Metals Ltd) vs S&P/ASX 300 Comparison - Alpha Spread

DM1
vs
S
S&P/ASX 300

Over the past 12 months, DM1 has underperformed S&P/ASX 300, delivering a return of -55% compared to the S&P/ASX 300's +5% growth.

Stocks Performance
DM1 vs S&P/ASX 300

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DM1
S&P/ASX 300
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Performance Gap
DM1 vs S&P/ASX 300

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DM1
S&P/ASX 300
Difference
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Performance By Year
DM1 vs S&P/ASX 300

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S&P/ASX 300
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Competitors Performance
Desert Metals Ltd vs Peers

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Desert Metals Ltd
Glance View

Market Cap
4.6m AUD
Industry
Metals & Mining

Desert Metals Ltd. engages in the nickel and copper acquisition and exploration services. The company is headquartered in Perth, Western Australia. The company went IPO on 2020-12-18. The firm is engaged in the exploration of nickel and copper on the north west margin of the Yilgarn craton in Western Australia. The company holds the Narryer Project, which is located approximately 120 kilometers northwest of the town of Meekathara and geologically located on the northwest margin of the Yilgarn Craton in Western Australia. The Narryer Project is made up of tenements prospective for nickel sulphide and gold mineralization. The project contains various prospectus, including the Opal Bore, Innouendy, Irrida Hill, Irrida East, Breakaway, Dingo Pass and Mt Gould nickel, copper and gold prospects; the Hooper nickel and copper prospect; and the Belele copper, lead, zinc, and gold prospect. The Project consist of nine granted contiguous exploration licenses EL51/1901, EL52/3650, EL09/2302, EL09/2351, EL09/2330, EL09/2331, EL51/1907, EL52/3665, and EL52/3741.

DM1 Intrinsic Value
0.003 AUD
Overvaluation 68%
Intrinsic Value
Price
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