Desoto Resources Ltd
DES.AU
$0.05
Closing
0.00
1D
▼-17.39%
YTD
Market cap
$2.92M
52 week high
$0.11
52 week low
$0.05
Volume
131,520
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Market cap
$2.92M
Analysts' Rating
-
Price Target (Mean)
-
Total Analysts
0
P/E
Operating Margin
-1749.41%
Beta
Revenue Growth (Annual)
0.00%
52 week high
$0.11
52 week low
$0.05
Div. Yield
%
EPS Annual Growth
0.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Desoto Resources Limited is an Australia-based gold and battery-metal exploration company. The Company’s principal activities include exploring and developing mineral projects, with a focus on its Northern Territory-based gold and lithium projects. The Company has an 1887 square kilometers land holding located in the Norther Territory’s 17 million-ounce Pine Creek gold province. Its Pine Creek Project is both a gold project with known gold mineralization and a conceptual lithium pegmatite project. The project is located approximately 150 kilometers (km) south of Darwin and 8 km north of Pine Creek in the Northern Territory. The project consists of six granted exploration licenses (covering 1,467 square kilometers) and three exploration license applications (covering 420 square kilometers). Its Fenix Lithium Gold Project is located within the Pine Creek Pegmatite Field. The Company’s Fenton granted licenses cover approximately 1,467 square kilometers.
