Bullboard - Stock Discussion Forum Desert Mountain Energy Corp V.DME

Alternate Symbol(s): V.DME.W | DMEHF

Metals & Mining Industrial Metals & Minerals

Desert Mountain Energy Corp. is a Canada-based resource company. The Company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company holds properties under lease for helium, oil and natural gas in the Holbrook Basin of Northern Arizona. The Holbrook Basin Helium Project comprises +1000,000 acres of key Helium prospects under lease. Located... see more

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TSXV:DME - Post Discussion

Desert Mountain Energy Corp > Share price

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Post by Boscoe2015 on Apr 02, 2023 9:01am

Share price

I also looked at the warrants. What earnings are required to hit $4.50 with the new share count? Thanks.

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Comment by HeliumHigh on Apr 03, 2023 5:43pm

Well first off - although earnings certainly have an effect stock price, there is no necessary "if X then Y" relationship between earnings and stock price as a general proposition. The stock price is affected by many other factors (ex. general economic conditions, industry sentiment, are earnings increasing or decreasing, total future earnings, total asset value, total debt ...more

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Comment by Heliboy on Apr 03, 2023 8:43pm

That is with a price to earnings of 10x. This not revenue this would be net of expenses, taxes and interest. Just clarifying you said it clearly also.

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Desert Mountain Energy Corp