Desert Mountain Energy Corp

Company Profile

Desert Mountain Energy Corp had its IPO on under the ticker symbol DMEHF.

The company operates in the Energy sector and Oil & Gas E&P industry. Desert Mountain Energy Corp has a staff strength of 0 employees.

Stock update

Shares of Desert Mountain Energy Corp opened at $0.38 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.34 - $0.38, and closed at $0.34.

This is a -13.33% slip from the previous day's closing price.

A total volume of 81,586 shares were traded at the close of the day’s session.

In the last one week, shares of Desert Mountain Energy Corp have increased by +10.82%.

Desert Mountain Energy Corp's Key Ratios

Desert Mountain Energy Corp has a market cap of $92.05 million, indicating a price to book ratio of 6.7863 and a price to sales ratio of 0.

In the last 12-months Desert Mountain Energy Corp’s revenue was $1.45 million with a gross profit of $49064 and an EBITDA of $-6664871. The EBITDA ratio measures Desert Mountain Energy Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Desert Mountain Energy Corp’s operating margin was -480.17% while its return on assets stood at -9.13% with a return of equity of -17.54%.

In Q1, Desert Mountain Energy Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Desert Mountain Energy Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.1 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Desert Mountain Energy Corp’s profitability.

Desert Mountain Energy Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -23.1081. Its price to sales ratio in the trailing 12-months stood at 0.

Desert Mountain Energy Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$60.52 million

Total Liabilities

$3.09 million

Operating Cash Flow

$0

Capital Expenditure

$3.65 million

Dividend Payout Ratio

0%

Desert Mountain Energy Corp ended 2024 with $60.52 million in total assets and $0 in total liabilities. Its intangible assets were valued at $60.52 million while shareholder equity stood at $57.09 million.

Desert Mountain Energy Corp ended 2024 with $0 in deferred long-term liabilities, $3.09 million in other current liabilities, in common stock, $-40202849.00 in retained earnings and $0 in goodwill. Its cash balance stood at $22.66 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Desert Mountain Energy Corp’s total current assets stands at $23.85 million while long-term investments were $67647.00 and short-term investments were $180923.00. Its net receivables were $674609.00 compared to accounts payable of $3.07 million and inventory worth $0.

In 2024, Desert Mountain Energy Corp's operating cash flow was $0 while its capital expenditure stood at $3.65 million.

Comparatively, Desert Mountain Energy Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.34

52-Week High

$2.48

52-Week Low

$0.738

Analyst Target Price

$

Desert Mountain Energy Corp stock is currently trading at $0.34 per share. It touched a 52-week high of $2.48 and a 52-week low of $2.48. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.35 and 200-day moving average was $1.25 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 559.4% of the company’s stock are held by insiders while 11.1% are held by institutions.