DSM

DESERT MIN FPO [DSM]
Desert Minerals Limited engages in the exploration of mineral resources in Australia and North America. It primarily explores lithium and gold deposits. The company holds 80% interest in the Mt Monger Projects covering an area of 21.4 square kilometers in the Mt Monger region of the Western Australian Goldfields; and 51% interest in the Scotty Lithium Project which covers 78.1 square kilometers located in Nevada. Desert Minerals Limited was incorporated in 2024 and is based in Subiaco, Australia.
Basic Materials · ASX Small Cap
$0.7250 +6.6%

Updated 3 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • Volume surging at 2.7x normal while price climbs — real buying conviction behind this move
  • Knocking on the door of resistance — if it punches through, things could get interesting
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (32 quarters)
  • 4C filed 2026-07-22
  • Very high P/S ratio (48081.6x)
  • Small-cap ($20-100M)
  • CANSLIM N: Near 52-week high (breakout territory)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 223% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 2.5 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.08%/day)
  • Altman Z-Score grey zone (1.95, low-confidence approx)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts

NONE Notification regarding unquoted securities - DSM
NONE Maiden JORC MRE defined at Scotty Lithium Project
NONE Results of Meeting
Announcement tone +3pts

Recent ASX Announcements

2026-09-01 Notification regarding unquoted securities - DSM
2026-08-24 Maiden JORC MRE defined at Scotty Lithium Project PRICE SENSITIVE
2026-08-19 Results of Meeting
2026-08-09 Drilling Commenced at Providence Gold Resource, WA PRICE SENSITIVE
2026-07-22 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE

Key Metrics

$21.2M
Market Cap
43K
Avg Volume
2.7x
Vol Ratio
$0.20 — $0.80
52-Week Range
N/A
Short Interest
20 qtrs
Cash Runway
N/A
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual Earningsinsufficient_dataCAGR: 0%
NNew Highs / CatalystspassNear 52w High
SSupply & DemandneutralFloat: 55%
LLeader vs LaggardpassRS: 16
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

537 tickers in this sector

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