District Metals Corp. (V:DMX)
Business Focus: Diversified Mining
Sunny as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for DMX within the last 6 months
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Company News
Apr 29, 2024 08:30 ET
District Intersects Strong Visual Polymetallic Sulphide Mineralization at the Tomtebo Property
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to provide an update on the recently completed core drilling program at the Tomtebo Property located in the Bergslagen Mining District of south-central Sweden.
Feb 28, 2024 08:30 ET
District Applies for Additional Mineral Licenses over Alum Shale Energy Metal Targets in Sweden
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP) ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has applied for eight mineral licenses covering a total area of 91,470 hectares (Figures 1 and 2). These applications target Alum Shale deposits, and have been registered with Bergsstaten (Mining Inspectorate of Sweden) to permit the exploration of vanadium, nickel, molybdenum, zinc, and other elements located in central and north-central Sweden. Bergsstaten is expected to reach a decision on the Company's mineral license applications in the coming weeks.
Valuation Ratios
Industry
Sector
Beta
1.53
--
--
Price to Sales - TTM
--
6.35
4.60
Price to Book - most recent quarter
4.48
2.09
2.04
Price to Cash Flow per share - TTM
--
8.92
9.59
Price to Free Cash Flow per share - TTM
56.99
24.16
20.54
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 30, 2024 | 109,728 | 1,568 |
| Apr 15, 2024 | 108,160 | 15,034 |
| Mar 31, 2024 | 93,126 | 33,677 |
Business Summary
| Sector: Basic Materials | Industry: Diversified Mining |
District Metals Corp. is a polymetallic exploration and development company focused on the Viken and Tomtebo Properties in Sweden. Its projects include Viken, Tomtebo, Gruvberget, Svardsjo, Tasjo, Ardnasvarre, Sagtjarn, and Bakar. The Viken Property totals 9,367 hectares (ha) where the Viken nr one mineral license covers the majority of the polymetallic Viken Deposit. Tomtebo covers an area of approximately 5,144 hectares and is located 175 kilometers (km) northwest from Stockholm in Sweden. Gruvberget covers an area of 5,286 hectares and is located approximately 230 km northwest from the capital city of Stockholm in Sweden. Svardsjo covers an area of 1,037 hectares and is located approximately 200 km northwest from the capital city of Stockholm in Sweden. The Tasjo nr 101 to 105 mineral licenses cover an area of 15,625 hectares. The Ardnasvarre nr one mineral license is located within the Arjeplog-Arvidsjaur uranium province and covers an area of 9,708 hectares.
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