Denarius Metals Corp. (DMET.NE) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-142.0%

-CA$0.21

vs CA$0.50 price

Levered DCF

-CA$0.50

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

-1.91

Distress zone

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-1.91×	-3.38×	-1.56×	-1.11×	-2.56×	-356.73×	-59.43×	-3.12×
P/B	1.51×	0.85×	0.62×	0.21×	1.37×	1,048.49×	-0.69×	-0.69×
P/S	36.34×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-3.92×	-14.13×	-9.5×	-2.12×	-8.47×	0×	-69.28×	-3.58×
Gross margin	33.3%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	-331.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	-1881.2%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	0.15×	0.07×	0.21×	0.55×	10.1×	5.83×	0×	0.01×
Debt / equity	1.52×	0.77×	0.63×	0.01×	0×	0×	-0.11×	-0.11×
Interest coverage	-2.87×	-1.6×	-3.06×	-344.35×	-2,950.31×	0×	-95.78×	-166.26×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-77.9%	-24.8%	-40.4%	-19.5%	-53.6%	-293.1%	1.2%	22.1%
Return on invested capital	-5.1%	-6.1%	-6.8%	-8.3%	-12.5%	-293.1%	1.3%	24.7%
Return on assets	-27.7%	-12.1%	-16.4%	-16.3%	-51.8%	-242.9%	-1139.8%	-2482.8%
Free cash flow yield	-20.1%	-46.9%	-78.0%	-151.5%	-10.3%	-0.0%	-1.0%	11.5%
Earnings yield	-51.8%	-29.1%	-65.2%	-90.8%	-39.0%	-0.3%	-1.7%	-32.2%
Enterprise value	CA$113.9M	CA$63.3M	CA$37.9M	CA$6.3M	CA$49.5M	CA$30.4M	CA$1.1M	CA$1.1M
Net debt / EBITDA	-1.85×	-6.6×	-3.86×	0.53×	2.58×	0×	-9.23×	-0.45×
Cash conversion cycle (days)	-57	0	-811	-7,917	-9,568	0	0	0