Last A$0.08 AUD
Change Today +0.009 / 12.00%
Volume 2.5K
As of 9:24 PM 09/1/14 All times are local (Market data is delayed by at least 15 minutes).

discovery resources ltd (DIS) Snapshot

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52 Week High
08/21/14 - A$0.09
52 Week Low
06/10/14 - A$0.04
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Average Volume 10 Days
Shares Outstanding
Dividend Yield

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discovery resources ltd (DIS) Details

Discovery Resources Limited identifies and explores mineral properties in Africa. The company focuses on rare earth element mineralization. It has interests in the Tantalite Valley project covering approximately 604.715 square kilometers in Namibia; the Himbaland project covering approximately 1,338.2 square kilometers in the Kunene region in Namibia; and the Erongo project covering approximately 990 square kilometers in the Erongo region in Namibia. Discovery Resources Limited was incorporated in 2010 and is based in Perth, Australia.

discovery resources ltd (DIS) Top Compensated Officers

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discovery resources ltd (DIS) Key Developments

Discovery Resources Seeks Acquisitions

Discovery Resources Limited (ASX:DIS) seeks acquisitions. Discovery has commenced exploration work programs on its initial Namibian projects, whilst reviewing other acquisition and joint venture opportunities to secure new projects in the resources sector that meet the company's objectives and strategies. Board of Directors of Discovery will consider projects in locations outside of Africa and commodities other than REE.

Discovery Resources Limited Announces Change of Non-Executive Chairman

Discovery Resources Limited announced that Mr. Peter Wall has resigned as Non-Executive Chairman of the company. Mr. Tony Adcock, a current Non-Executive Director, will assume the role of Non-Executive Chairman. Mr. Wall will continue on as the Company's Lawyer.

Discovery Resources Limited Reports Consolidated Cash Flow Results for the Three Months Ended September 30, 2013

Discovery Resources Limited reported consolidated cash flow results for the three months ended September 30, 2013. The company reported negative net operating cash flows of AUD 83,000.


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Valuation DIS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 33.8x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 6.3x

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