Develop Global Share Price and Company Fundamentals



Price
$2.53
Change
-0.030 (-1.172%)
52 week
1.76 - 4.5

Last traded: Last Friday at 6:10 AM

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, and gold deposits. The company's flagship project is the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements located to the south east of Port Hedland. 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 based in West Perth, Australia.

Key Metrics

PE ratio

-

PB ratio

9.62

Dividend yield

0.00%

Beta

1.50

Market cap

-

Enterprise value

-

Company profile

Primary activitiesBase Metals and Copper-Zinc Exploration
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttps://www.develop.com.au
Mailing address91 Havelock Street Level 2 West Perth WA 6005 Australia
Phone / Fax61 8 6389 7400 / 61 8 9463 7836
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Develop Global Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Develop Global paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.DVP dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

DVP's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2022, following are the company executives and directors listed on Develop Global.

NameTitleAgeTotal Pay
Mr. Trevor Graham Hart ACIS, AGIA, BBus, CPACompany Sec. & CFO237.44k
Mr. William James Beament B.E., M.A.I.C.D.MD & Director46

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-446,163.67%

Return on assets

-110.87%

Return on equity

-279.07%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Develop Global is and its enterprise value is .

The DVP's stocks Beta value is 1.50 making it 50% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Develop Global (DVP)

Develop Global (ASX:DVP) Frequently Asked Questions

1. What is Develop Global's Stock Symbol?

Develop Global trades on ASX under the ticker symbol "DVP".

2. What is Develop Global's stock price today?

One share of DVP stock can currently be purchased for approximately $2.53.

3. How can I contact Develop Global?

Develop Global's mailing address is 91 Havelock Street Level 2 West Perth WA 6005 Australia. The company can be reached via phone at 61 8 6389 7400.

4. What is Develop Global's official website?

The official website of Develop Global is https://www.develop.com.au.

5. Which share registry manages Develop Global's stock?

Develop Global's stock is managed by LINK MARKET SERVICES LIMITED.