40LOW

DES

DESOTORES FPO [DES]
DeSoto Resources Limited, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Guinea and the Northern Territory, Australia. The company explores for gold, lithium, rare earth, and other base metal deposits. The company was incorporated in 2022 and is based in Daglish, Australia.
Basic Materials · ASX Small Cap
$0.1550 +6.9%

Updated 26 Mar 2026 · Scores refresh every scan

Appeared in 2 consecutive scans→ Score +8First seen: 2026-02-25

Score Breakdown

Technical48
Catalyst53
Sentiment50
Fundamental52
Momentum62
Risk Gate47
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Active Signals

Bullish Signals

  • Volume surging at 2.4x normal while price falls — heavy selling pressure
  • Adequate cash runway (7 quarters)
  • Very high P/S ratio (34294.0x)
  • Small-cap ($20-100M)
  • Capital raise activity (1 events)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.57%/day)
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Change in substantial holding
NONE DeSoto Consolidates on the Siguiri Gold Mineralisation Trend
NONE Proposed issue of securities - DES
Announcement tone +3pts

Recent ASX Announcements

2026-03-22 Change in substantial holding
2026-03-11 DeSoto Consolidates on the Siguiri Gold Mineralisation Trend PRICE SENSITIVE
2026-03-11 Proposed issue of securities - DES
2026-03-08 9km-Long Active Gold Zone at Koba with Exploration Underway PRICE SENSITIVE
2026-02-23 Half Year Accounts

Key Metrics

$42.9M
Market Cap
251K
Avg Volume
2.4x
Vol Ratio
$0.07 — $0.26
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-49.0%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual Earningsinsufficient_dataCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 59%
LLeader vs LaggardpassRS: 2
IInstitutional SponsorshipweakInst: 5%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #474 of 558 · Sector avg: 46

View all Basic Materials signals →
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