Dng.To

DNG.TO maintains a conservative capital structure with a debt-to-equity ratio of 0.0 and a current ratio of 3.69, indicating strong short-term liquidity coverage. The company holds total equity of $134.9 million against total liabilities of $46.6 million, with long-term debt minimal at $0.5 million. Despite the strong balance sheet, the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt, suggesting potential cash flow constraints despite low leverage.

Profitability metrics show a return on equity of 17.39% and a return on assets of 12.93%, reflecting efficient use of capital. The company generated a net income of $21.3 million on revenue of $397.6 million, resulting in a net margin of approximately 5.35%. Operating income stands at $26.7 million, while gross profit is $43.3 million, indicating moderate operating leverage. Without cohort median data, these returns are assessed in isolation, but the positive free cash flow of $20.6 million supports the profitability narrative.

Segment and geographic revenue breakdowns are not provided in the available data, preventing analysis of revenue concentration or regional exposure. The company’s activity is broadly classified as unclassified within the Metals & Mining industry, limiting specific operational insights.

Growth trajectory analysis is constrained by the absence of historical period data, preventing year-over-year or quarter-over-quarter trend evaluation. The current revenue base of $397.6 million serves as the sole reference point for scale.

Risk factors include medium liquidity risk and low dilution risk, with a key flag noting negative net cash after debt subtraction. The low dilution risk is supported by the identical basic and diluted share counts of 41.9 million, indicating no significant option or warrant overhang.

Recent IR observations show strong analyst sentiment, with a mean recommendation of 1.50 (strong buy) and a mean price target of $9.00, implying a 46% upside from the current market price of $6.18. The high price target is $9.50, and the low is $8.50, with one strong buy and one buy rating, and no hold ratings.

Revenue $154.1M, +92,7% YoY; Operating income +120,8% YoY.

• ▍Revenue $154.1M, +92,7% YoY
• ▍Operating income +120,8% YoY
• ▍Net income +42,2% YoY
• ▍Free cash flow +99,6% YoY
• ▍Net margin 4.8%

Revenue $137.4M, +88,1% YoY; Operating income +178,3% YoY.

• ▍Revenue $137.4M, +88,1% YoY
• ▍Operating income +178,3% YoY
• ▍Net income +318,3% YoY
• ▍Free cash flow +6 982,3% YoY
• ▍Net margin 5.3%

Revenue $100.5M, +31,9% YoY; Operating income −0,1% YoY.

• ▍Revenue $100.5M, +31,9% YoY
• ▍Operating income −0,1% YoY
• ▍Net income −7,1% YoY
• ▍Free cash flow −44,2% YoY
• ▍Net margin 5.4%

Revenue $79.7M, +18,2% YoY; Operating income −56,0% YoY.

• ▍Revenue $79.7M, +18,2% YoY
• ▍Operating income −56,0% YoY
• ▍Net income −22,9% YoY
• ▍Free cash flow −32,5% YoY
• ▍Net margin 4.4%

Revenue $80.0M; Operating income $6.1M.

• ▍Revenue $80.0M
• ▍Operating income $6.1M
• ▍Net margin 6.4%

Revenue $73.1M; Operating income $3.4M.

• ▍Revenue $73.1M
• ▍Operating income $3.4M
• ▍Net margin 2.4%

Revenue $76.2M; Operating income $8.0M.

• ▍Revenue $76.2M
• ▍Operating income $8.0M
• ▍Net margin 7.7%

Revenue $67.4M; Operating income $7.5M.

• ▍Revenue $67.4M
• ▍Operating income $7.5M
• ▍Net margin 6.7%

Revenue $397.6M, +39,8% YoY; Operating income +2,4% YoY.

• ▍Revenue $397.6M, +39,8% YoY
• ▍Operating income +2,4% YoY
• ▍Net income +26,1% YoY
• ▍Free cash flow +79,2% YoY
• ▍Net margin 5.4%

Revenue $284.4M, +13,7% YoY; Operating income +18,1% YoY.

• ▍Revenue $284.4M, +13,7% YoY
• ▍Operating income +18,1% YoY
• ▍Net income +12,0% YoY
• ▍Free cash flow +36,0% YoY
• ▍Net margin 5.9%

Revenue $250.2M, +26,6% YoY; Operating income +21,8% YoY.

• ▍Revenue $250.2M, +26,6% YoY
• ▍Operating income +21,8% YoY
• ▍Net income +25,4% YoY
• ▍Free cash flow −1,6% YoY
• ▍Net margin 6.0%

Revenue $197.5M, +0,8% YoY; Operating income −14,5% YoY.

• ▍Revenue $197.5M, +0,8% YoY
• ▍Operating income −14,5% YoY
• ▍Net income +2,0% YoY
• ▍Free cash flow +1,8% YoY
• ▍Net margin 6.1%