Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
District Metals Corp., a junior mineral exploration stage company, acquires, explores, and evaluates mineral resource properties. It explores for lead, zinc, silver, copper, molybdenum, cobalt, yttrium, and other rare earth elements. The company was formerly known as MK2 Ventures Ltd. and changed its name to District Metals Corp. in July 2019. District Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.
Target Price
The average target price of DMX.V is 1.20 and suggests 87.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc