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FDR.MC — BME (Madrid) Metals & Mining

First Development Resources PLC

$19,63
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Mcap
2,7B EUR
P/E
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EV / Rev
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Div yield
—
Op margin
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ROE
-16,8 %
Net margin
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Debt / equity
0,14
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

First Development Resources PLC operates in the Metals & Mining industry within the Materials sector, though specific revenue-generating activities are not detailed in the available data.

Business. First Development Resources PLC (FDR.MC) is a metals and mining company listed on the BME (Madrid) exchange. The firm operates within the Materials sector, focusing on activities related to metals and mining. Specific details regarding its operating segments, headquarters location, or geographic revenue mix are not available.

Classification85 %
SectorMaterials
Industry groupMetals & 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
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-16,8 %
return on equity
Quality
—
not yet scored

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 FDR.

    • Sector rotation

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

    Developing storylines

    No tracked sagas currently linked to FDR.MC. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • 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
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • 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

    Synthesis

    Business

    First Development Resources PLC (FDR.MC) is a metals and mining company listed on the BME (Madrid) exchange. The firm operates within the Materials sector, focusing on activities related to metals and mining. Specific details regarding its operating segments, headquarters location, or geographic revenue mix are not available.

    Classification85 %
    SectorMaterials
    Industry groupMetals & Mining
    AI synthesis
    GENERATED

    First Development Resources PLC exhibits a capital structure characterized by low leverage but severe liquidity constraints. The company holds total equity of £2.75 million against total liabilities of £1.01 million, resulting in a debt-to-equity ratio of 0.14. However, liquidity is critically impaired, evidenced by a current ratio of 0.02 and cash and equivalents of only £17,000. The firm carries £389,000 in long-term debt, and net cash is negative after subtracting total debt, indicating an inability to cover short-term obligations with liquid assets.

    Profitability metrics are deeply negative, reflecting a pre-revenue or early-stage exploration phase. The company reports an operating income of -£460,000 and a net income of -£463,000. Return on equity stands at -16.84%, and return on assets is -12.32%. These figures indicate that the company is consuming capital rather than generating returns, a common trait for junior miners in the development phase, but one that poses significant sustainability challenges without external financing.

    Key takeaways
    • The company is unprofitable with a net loss of £463,000 and negative operating cash flow of £43,000.
    • Liquidity is critically low with a current ratio of 0.02 and only £17,000 in cash.
    • Leverage is low with a debt-to-equity ratio of 0.14, but net cash is negative.
    • Valuation multiples are distorted due to negative earnings, with a P/B ratio of 919.18.
    • No historical growth data or segment information is available for trend analysis.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation FY

    Market price
    $19,63
    Market cap
    $2.53B
    Enterprise valueⓘ
    $2.53B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    919.2x
    P / Tangible bookⓘ
    919.2x
    Tangible book
    $2.8M
    Net cashⓘ
    -$372.0k
    Current ratioⓘ
    0.0
    Debt / equityⓘ
    0.1
    ROAⓘ
    -12.3%
    ROEⓘ
    -16.8%
    Cash conversionⓘ
    9.0%
    CapEx / revenueⓘ
    —
    SBC / revenueⓘ
    —
    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-16,8 %Below median
    D/E0,14Below median
    Cash Conv0,09Bottom quartile

    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
    • Reference data
    How metrics are computed
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Enterprise Value
      market_cap - net_cash
    • Return On Equity
      net_income / total_equity
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Price To Tangible Book
      market_price / (tangible_book_value / shares_outstanding_diluted)
    Source documents
    • First Development Resources PLC Market data — financials · 2026-07-15

    Ownership & reference

    Leadership

    • Eloy Planes CortsExecutive Chairman of the Board
    • Jaime A. RamirezChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data
    Index membership
    IBEX 35

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    FDR.LCanonical
    BME (Madrid) · EUR

    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 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage