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
$5.4300 +2.6%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-06
Get alerts when DVP triggers a new signal
Free watchlist with daily scans for 2,200+ ASX stocks
Track DVP — Free

Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Stochastic just turned bullish from a low level — early reversal sign
  • Golden cross just fired — the short-term trend is overtaking the long-term, which is classically bullish
  • 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 (6.0x)
  • 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) (2)
  • Substantial holder(s) ceased (2)
  • Elevated short interest (6.7%)
  • CANSLIM C: Strong EPS growth (74% QoQ)
  • CANSLIM A: Turned profitable
  • CANSLIM I: Institutional ownership (43%)
  • Healthy profit margins (25%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 51% over the past year (excluding last month)
  • Earnings are trending the right way — 2 consecutive improvements
  • Revenue growing at +54% — the top line is moving in the right direction
  • Days to cover very high (19.2)
  • Beneish M-Score 11.86 > -1.78: likely earnings manipulation
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)
  • Multi-dimensional alignment: 4+ dimensions agree
  • Technical-fundamental alignment: quality + trend

Risk Signals

  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-2.39%/day)

Expected next for DVP

28 Oct 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 21 Oct to 4 Nov
The last 6 moved DVP -1.8% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →

Recent Catalysts

HIGH Becoming a substantial holder
HIGH Ceasing to be a substantial holder
HIGH Becoming a substantial holder
NONE Woodlawn set for big growth
Announcement tone +3pts

Recent ASX Announcements

2026-09-07 Becoming a substantial holder
2026-09-04 Ceasing to be a substantial holder
2026-09-03 Becoming a substantial holder
2026-09-02 Ceasing to be a substantial holder
2026-08-26 Woodlawn set for big growth PRICE SENSITIVE

Key Metrics

$1.8B
Market Cap
1.1M
Avg Volume
0.8x
Vol Ratio
$3.12 — $7.68
52-Week Range
6.7%
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 LaggardlaggardRS: -13
IInstitutional SponsorshippassInst: 43%
MMarket DirectionneutralNeutral

Sector: Basic Materials

535 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
Related Tickers
AUQ +26.7%RML +26.2%ION +24.0%LIB -20.0%RRR -19.7%
Compare:DVP vs AUQDVP vs RMLDVP vs ION
Share this analysis

Track DVP and 2,200+ ASX stocks

Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and exit management for every ASX small cap.

Open Dashboard — Free Free Screener
No credit card required