DE GREY MINING LIMITED (DEG)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

DEG - DE GREY MINING LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.32
Index: ASX200 | ASX300 | ALL-ORDS

De Grey Mining is an Australian gold explorer and producer. Its primary focus is the Mallina Gold project in the Pilbara region of WA. The company has been listed since 2002.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.485

20 Nov
2024

-0.005

OPEN

$1.50

-0.34%

HIGH

$1.51

3,111,159

LOW

$1.48

TARGET
$1.913 28.8% upside
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . ADT . ALK . AMI . ASL . BC8 . BEZ . BGL . BTR . CAI . CEL . CMM . CNB . CVV . CYL . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . NEM . NST . NVA . OBM . PDI . PNR . PRU . RMS . RRL . RSG . RXL . SBM . SMI . SPR . SSR . STM . STN . SVL . TBR . TCG . TRE . TTM . VAU . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
DEG: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 0.9 - 1.3 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-0.9
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx53.2
Net Operating Cash Flow xxxxxxxxxxxxxxx-11.5 M
Net Profit Margin xxxxxxxxxxxxxxx-73,017.50 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-2.04 %
Return on Invested Capital xxxxxxxxxxxxxxx-2.03 %
Return on Assets xxxxxxxxxxxxxxx-1.96 %
Return on Equity xxxxxxxxxxxxxxx-2.04 %
Return on Total Capital xxxxxxxxxxxxxxx-3.33 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-28.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx7 M
Total Debt xxxxxxxxxxxxxxx8 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx867 M
Price To Book Value xxxxxxxxxxxxxxx2.14

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx107.9 M
Capex % of Sales xxxxxxxxxxxxxxx457,642.20 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx26 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx4 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

1

xxxxxxxxxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

12/07/2024

1

Buy

$1.80

21.21%

The positive view held by UBS on De Grey Mining was reinforced after reviewing a scoping study for regional deposits near the Hemi project. Around 140kozpa of incremental gold production was added for six years.

The broker highlights the company's large and growing inventory with gold priced over A$3,500/oz.

The Buy rating and $1.80 target are retained.

FORECAST
UBS forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -2.00 cents.

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

xx/xx/xxxx

1

xxxxxxxxxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Goldman Sachs

05/09/2024

1

Buy

$1.40

-5.72%

Management at De Grey Mining is targeting a final investment decision (FID) for the Hemi deposit within the coming 12 months to be followed by a two-year construction phase into first production by the 2H of 2026.

The company has recently received approval for $150m in debt funding from the Northern Australia Infrastructure Facility (NAIF). 

Taking into account cash on hand and total debt facilities, De Grey is essentially fully funded, according to the broker, and able to withstand any modest changes in scope.

The target rises to $1.40 from $1.35. Buy.
Access Extra Coverage Research History >

DEG STOCK CHART

FNArena News on DEG

1
Australian Broker Call *Extra* Edition – Nov 19, 2024

Nov 19 2024 - Daily Market Reports
2
Rudi’s View: Earnings, Best Ideas & Favourite Stock Picks

Oct 24 2024 - Rudi's View
3
Australian Broker Call *Extra* Edition – Oct 14, 2024

Oct 14 2024 - Daily Market Reports
4
Next Week At A Glance – 14-17 Oct 2024

Oct 11 2024 - Weekly Reports
5
Rudi’s View: China Scepsis, Energy Preferences & The US Election

Oct 10 2024 - Rudi's View

Latest Gold & Silver News

1
Unlocking Vault’s Golden Potential

Nov 14 2024 - Commodities
2
What Went Wrong With Newmont?

Nov 05 2024 - Australia
3
In Brief: Aurum, Hillgrove & Little Green Pharma

Oct 25 2024 - Weekly Reports
4
Perseus Mining Shares Ready To Run

Oct 22 2024 - Technicals
5
Gold & Dividends Shine For Northern Star

Sep 12 2024 - Australia
6
Cup And Handle For Capricorn Metals

Aug 06 2024 - Technicals
7
Bellevue Gold For Better Grades & Margins

Jul 08 2024 - Commodities
8
Is Gold Overvalued Or Is Silver Undervalued?

Jul 02 2024 - Commodities
9
Evolution Mining’s Spending Spree

Jun 28 2024 - Australia
10
Break-Out For Resolute Mining

Jun 04 2024 - Technicals