DTR dateline resources limited

Ann: $1.66 million Rights Issue Shortfall Placed, page-39

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    Part Two :

    "Based on the available information, I can provide some insights into Dateline Resources' (ASX: DTR) stock performance compared to its competitors and the broader market:
    1. Recent Performance:
    • Over the past year, Dateline Resources' stock has significantly underperformed, declining by 71.1%.
    • This underperformance is notable when compared to:
      • The Australian Metals and Mining industry, which returned -11.9% over the same period.
      • The broader Australian market, which returned 9.5% over the past year.
    1. Volatility:
    • Dateline Resources' stock has shown higher volatility compared to industry averages:
      • DTR's average weekly movement is 18.0%.
      • This is higher than the Metals and Mining industry average movement of 11.4%.
      • It's also significantly higher than the market average movement of 8.3%.
    1. Long-term Performance:
    • The stock has experienced substantial declines over longer time frames:
      • 5-year change: -93.71%
      • Change since IPO: -99.89%
    1. Current Valuation:
    • Dateline Resources' current share price is AU$0.0055, which is significantly below its IPO price of $0.20 in 2011.
    • The company's market capitalization stands at AU$13.72 million.
    1. Financial Health:
    • Dateline Resources has a Financial Strength Rank of 0 out of 10 according to GuruFocus, indicating potential financial distress.
    • The company's Altman Z-Score is -2.61, which falls in the "Distress Zone" and implies a possibility of bankruptcy in the next two years.
    While specific competitor comparisons are limited in the provided information, it's clear that Dateline Resources has significantly underperformed both its industry peers and the broader market. The company's high volatility, poor long-term returns, and concerning financial health metrics suggest it has struggled to compete effectively in the mining and exploration sector."
 
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Last
8.7¢
Change
0.002(2.35%)
Mkt cap ! $268.4M
Open High Low Value Volume
8.7¢ 9.4¢ 8.6¢ $4.841M 53.94M

Buyers (Bids)

No. Vol. Price($)
4 647141 8.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 221174 5
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
DTR (ASX) Chart
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