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Desert Mountain Energy Corp. (V:DME)

Business Focus: Integrated Mining

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Insider Chart - Past 6 Months

Insider Filings

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

Jul 16, 2019 01:07 ET
Desert Mountain Energy Reports Release of Favorable Drill Results By Brixton Metals Corporation with Sharp Increase in Brixton's Share Price
Vancouver, British Columbia – TheNewswire – July 16, 2019 - DESERT MOUNTAIN ENERGY CORP.  (the “Company”) (TSXV:DME) is pleased to announce that Brixton Metals Corp.(TSX.V: BBB)
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May 14, 2019 10:39 ET
InvestmentPitch Media Video Discusses Desert Mountain's Announcement of Discovery of Helium of up to 1.36% Following Tests on Gas Samples from 3 Existing O & G Wells in Oklahoma - Video Available on I
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2019) - Desert Mountain Energy (TSXV: DME) has announced positive results for the presence of helium following analytical tests performed on gas samples from three existing oil and gas wells in Seminole County, Oklahoma. These initial test results, with concentrations up to 1.3622% helium, from the company's Kight-Gilcrease Sand Unit oil field or "KGSU", were viewed by management as highly encouraging and suggest the potential for future development of helium production from this oil field.
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Valuation Ratios

Industry
Sector
Beta
-2.55
--
--
Price to Sales - TTM
--
12.87
7.19
Price to Book - most recent quarter
3.06
2.08
2.05
Price to Cash Flow per share - TTM
--
9.65
9.53
Price to Free Cash Flow per share - TTM
--
18.75
21.68
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Jun 30, 201944,5002,565
Jun 15, 201941,935-56,202
May 31, 201998,13783,210
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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