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Desoto Resources Ltd Desoto Resources Ltd

Desoto Resources Ltd

DES
Rank in Stocks #28145
DeSoto Resources Limited, a mineral exploration company, engages in the... 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.
Share Price
$0.1022663
Last synced: 2026-08-19
Market Cap
$28.31M
Change (1 day)
3.57%
Change (1 year)
-20.52%
Country
AU
Trade Desoto Resources Ltd (DES)

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Basic Materials
P/E ratio for Desoto Resources Ltd (DES)
P/E ratio as of 2026 TTM: 0
According to Desoto Resources Ltd latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for Desoto Resources Ltd from 2026 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
Not enough data for the provided dates.
P/E ratio for similar companies or competitors
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How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.