DVP

DEVELOP FPO [DVP]
Develop Global Limited, together with its subsidiaries, engages in the exploration and development of mineral resource properties in Australia. It primarily explores for copper, zinc, lead, silver, gold, and lithium deposits. The company holds interest in the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements; the Woodlawn Zinc-Copper Project is located at Lachlan Fold belt in New South Wales; and the Pioneer Dome Lithium Project covering approximately an area of 389 square kilometer located in the south of Kalgoorlie and north of the Esperance port. It also provides underground mining services. The company was formerly known as Venturex Resources Limited and changed its name to Develop Global Limited in October 2021. Develop Global Limited was incorporated in 2006 and is headquartered in West Leederville, Australia.
Basic Materials · ASX Small Cap
$5.7100 -1.4%

Updated 24 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Smart money may be accumulating — volume is flowing in even though price hasn't moved yet
  • Trading above the 200-day average — the long-term trend is on your side
  • Cash positive / operating cashflow positive
  • Moderate P/S ratio (6.5x)
  • Strong revenue growth (+54%)
  • Piotroski F-Score strong (8/9, low-confidence approx)
  • EPS estimates revised upward (+10pts)
  • Post-earnings drift: positive surprise (SUE +10)
  • New substantial holder(s) (1)
  • Substantial holder(s) ceased (1)
  • CANSLIM C: Strong EPS growth (74% QoQ)
  • CANSLIM A: Turned profitable
  • CANSLIM I: Institutional ownership (41%)
  • Healthy profit margins (25%)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 48% over the past year
  • Earnings are trending the right way — 2 consecutive improvements
  • Revenue growing at +54% — the top line is moving in the right direction
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.33%/day)
  • Days to cover very high (11.9)
  • Beneish M-Score 11.86 > -1.78: likely earnings manipulation
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 5d (+3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 20)
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Recent Catalysts

HIGH Ceasing to be a substantial holder
HIGH Becoming a substantial holder
LOW June 2026 Quarterly Report - Conference Call
NONE Notification of cessation of securities - DVP
NONE Qube Holdings to be removed from the S&P/ASX 200 Index

Recent ASX Announcements

2026-07-13 Ceasing to be a substantial holder
2026-07-13 June 2026 Quarterly Report - Conference Call
2026-07-10 Becoming a substantial holder
2026-07-08 Notification of cessation of securities - DVP
2026-07-03 Qube Holdings to be removed from the S&P/ASX 200 Index PRICE SENSITIVE

Key Metrics

$1.9B
Market Cap
1.4M
Avg Volume
1.0x
Vol Ratio
$3.12 — $7.68
52-Week Range
4.9%
Short Interest
N/A
Cash Runway
14.8%
ROE
24.8%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSpassEPS Growth: 74%
AAnnual EarningsimprovingCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 78%
LLeader vs LaggardpassRS: 6
IInstitutional SponsorshippassInst: 40%
MMarket DirectionneutralNeutral

Sector: Basic Materials

507 tickers in this sector

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