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Desert Mountain Energy Corp. (V:DME)

Business Focus: Integrated Mining

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Insider Chart - Past 6 Months

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Insider Filings

Latest 10 SEDI filings for DME within the last 6 months
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Company News

May 30, 2020 08:05 ET
Desert Mountain Energy Announces Private Placement
Vancouver, British Columbia – May 30 2020 - DESERT MOUNTAIN ENERGY CORP.  (the “Company”) (TSXV:DME), (OTC:DMEHF), Frankfurt: QM01)) is pleased to announce that it is proceeding with a non-brokered private placement offering to raise gross
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May 27, 2020 05:05 ET
Desert Mountain Energy Engages Drilling Contractor for First Two Holes of its Helium Exploration Program in Arizona's Holbrook Basin
May 27, 2020 - TheNewswire - Vancouver, British Columbia - DESERT MOUNTAIN ENERGY CORP.  (the “Company”) (TSXV:DME) (OTC:DMEHF) (Frankfurt:QM01) is pleased to announce that it has now engaged Drake Well Service Inc. (“Drake”), a highly experienced Southwest Regional drilling contractor that has been family-owned since 1963, to drill the initial two wells of its upcoming helium drill program in Arizona’s Holbrook Basin. Drilling is anticipated to commence this June.
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Valuation Ratios

Industry
Sector
Beta
1.02
--
--
Price to Sales - TTM
--
9.56
4.82
Price to Book - most recent quarter
5.49
2.40
2.41
Price to Cash Flow per share - TTM
--
9.68
8.45
Price to Free Cash Flow per share - TTM
--
18.05
17.45
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
May 15, 202012,3734,050
Apr 30, 20208,3232,277
Apr 15, 20206,0464,398
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Integrated Mining

Desert Mountain Energy Corp, formerly African Queen Mines Ltd, is a Canada-based exploratory resource company, engaged in exploration and development of mineral properties in Canada. In addition, the Company is an owner of United States-based subsidiary named Desert Energy Corp, which is commencing exploration and development of oil and gas and mineral properties in the Southwestern United States. The Company is focused on development of its Yellowjacket Gold Project in Atlin, British Columbia, which covers an aggregate of approximately 291.54 square kilometers . The Company has its executive offices in Vancouver, Canada.

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