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DEV.AX — ASX Diversified Mining

Dev.Ax

A$0,20
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Mcap
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P/E
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EV / Rev
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Div yield
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Op margin
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ROE
-66,3 %
Net margin
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Debt / equity
0,01
Beta
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52w range
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Volume
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Day range
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About

DEV.AX is a diversified mining company operating in the Basic Materials sector, primarily engaged in the extraction and processing of various minerals and metals.

Business. DEV.AX is a diversified mining company operating in the Basic Materials sector, primarily engaged in the extraction and processing of various minerals and metals.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryDiversified Mining
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score→
27
composite score
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-66,3 %
return on equity
Quality→
56
quality score (0-100)

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning DEV.

    • Sector rotation

    Sector1D1Mvs mkt
    Communication Services+2,2 %−5,5 %+1,5 %
    Materials · THIS SECTOR+2,2 %+3,2 %+1,4 %
    Energy+0,9 %+5,2 %+0,1 %
    Health Care+0,7 %−1,3 %+0,0 %
    Consumer Discretionary+0,3 %+9,2 %−0,4 %
    Information Technology+0,2 %+8,1 %−0,6 %
    Financials−0,5 %−3,0 %−1,2 %
    Consumer Staples−0,6 %+3,3 %−1,4 %
    Real Estate−0,7 %+10,9 %−1,4 %
    Industrials−1,1 %−0,3 %−1,8 %
    Utilities−1,9 %+28,2 %−2,6 %

    Developing storylines

    No tracked sagas currently linked to DEV.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-07-24 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score27 / 100
    Composite score 0-100 · Data quality 0,56
    Data quality0,56 / 1.00

    Synthesis

    Business

    DEV.AX is a diversified mining company operating in the Basic Materials sector, primarily engaged in the extraction and processing of various minerals and metals.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryDiversified Mining
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a low debt-to-equity ratio of 0.01, indicating a conservative approach to leverage. However, the liquidity position is assessed as medium, with a current ratio of 5.5, suggesting the company has sufficient current assets to cover its current liabilities. Despite this, the company reported negative operating and net income, with operating income at -9,357,880 AUD and net income at -9,114,690 AUD, reflecting a challenging operational environment.

    Profitability metrics are significantly below industry norms, with a return on equity of -66.27% and a return on assets of -56.73%, indicating poor capital efficiency and asset utilization. These figures suggest the company is underperforming relative to its peers in terms of generating returns from its equity and assets.

    Geographically, the company's revenue concentration is not disclosed in the provided data, but the absence of segment-specific revenue details implies a lack of transparency in its geographic and product diversification. This could pose a risk if the company is overly reliant on a single region or commodity.

    The company's growth trajectory is uncertain, with no specific revenue growth projections provided. The negative operating and net income figures suggest a need for strategic adjustments to improve profitability and operational efficiency. The company's capital expenditure of -49,590 AUD indicates minimal investment in new projects or infrastructure, which may limit future growth opportunities.

    Risk factors include a medium liquidity risk, primarily due to negative net cash after subtracting total debt. The dilution risk is assessed as low, with no immediate pressure for share issuance. The company's financial health is further complicated by negative operating and free cash flows, which could impact its ability to fund operations and meet obligations.

    Recent events, such as the latest actual EPS of -0.30 AUD, highlight the company's ongoing financial challenges. The absence of recent filings or transcripts suggests a lack of public communication regarding strategic initiatives or operational improvements.

    Key takeaways
    • The company is experiencing significant financial losses, with negative operating and net income.
    • The company's capital structure is conservative, with a low debt-to-equity ratio.
    • Profitability metrics are poor, with negative returns on equity and assets.
    • The company's liquidity position is medium, with a current ratio of 5.5.
    • There is a lack of transparency in the company's geographic and product diversification.
    • The company's growth trajectory is uncertain, with no specific revenue growth projections provided.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    A$0,20
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
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    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    A$13.8M
    Net cashⓘ
    -A$147.3k
    Current ratioⓘ
    5.5
    Debt / equityⓘ
    0.0
    ROAⓘ
    -56.7%
    ROEⓘ
    -66.3%
    Cash conversionⓘ
    103.0%
    CapEx / revenueⓘ
    —
    SBC / revenueⓘ
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    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    ROE-66,3 %Bottom quartile
    D/E0,01Below median
    Cash Conv1,03Above P75

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Return On Assets
      net_income / total_assets
    Source documents
    • DEV.AX Market data — financials · 2026-05-27
    • DevEx Resources Ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    DEV.AXCanonical
    ASX · AUD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-24 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage