Last C$1.38 CAD
Change Today -0.03 / -2.13%
Volume 10.3K
DM On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Toronto
Frankfurt
As of 1:50 PM 05/23/13 All times are local (Market data is delayed by at least 15 minutes).

duluth metals ltd (DM) Snapshot

Open
C$1.40
Previous Close
C$1.41
Day High
C$1.43
Day Low
C$1.38
52 Week High
12/4/12 - C$2.74
52 Week Low
05/9/13 - C$1.29
Market Cap
173.5M
Average Volume 10 Days
70.2K
EPS TTM
C$-0.32
Shares Outstanding
125.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for DULUTH METALS LTD (DM)

Related News

No related news articles were found.

duluth metals ltd (DM) Related Businessweek News

No Related Businessweek News Found

duluth metals ltd (DM) Details

Duluth Metals Limited engages in the acquisition, exploration, and development of mineral properties in Minnesota. It primarily explores for nickel, copper, cobalt, platinum, palladium, and other platinum group elements, as well as gold and silver. The company principally holds 60% joint venture interests in the Twin Metals project that covers approximately 32,000 acres of land/mineral interests and includes the Nokomis, Birch Lake, Maturi, and Spruce Road deposits located in north-eastern Minnesota. It also owns 100% interests in approximately 40,000 acres of exploration properties in Minnesota. The company was formerly known as Wallbridge America Limited and changed its name to Duluth Metals Limited in March 2006. Duluth Metals Limited was incorporated in 2005 and is based in Toronto, Canada.

64 Employees
Last Reported Date: 04/1/13
Founded in 2005

duluth metals ltd (DM) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: C$291.5K
President, Member of Disclosure Committee and...
Total Annual Compensation: C$367.4K
Chief Financial Officer and Member of Disclos...
Total Annual Compensation: C$204.1K
Chief Operating Officer
Total Annual Compensation: C$154.7K
Senior Vice President of Exploration, Member ...
Total Annual Compensation: C$179.9K
Compensation as of Fiscal Year 2012.

duluth metals ltd (DM) Key Developments

Duluth Metals Limited Announces Assay Results for the 23 Holes Within the Twin Metals Minnesota Project in Northeastern Minnesota

Duluth Metals Limited announced assay results for the next 23 holes, MSW-0021 to MSW-0044, in the northern portion of the Maturi Southwest Exploration Target area within the Twin Metals Minnesota Project in northeastern Minnesota. Assay results from the relatively shallow drilling highlight thick mineralized intersections which include: MSW-0025 returned a 183.5 foot intersection of 0.62% copper, 0.22% nickel 2.3 g/t silver and 0.644 grams TPM at a 0.3% Cu cut-off including a 70 foot intersection of 0.83% copper, 0.28% nickel, 3.0 g/t silver and 0.876 grams TPM at a 0.5% Cu cut-off; MSW-0031 returned a 275.5 foot intersection of 0.57% copper, 0.19% nickel 2.0 g/t silver and 0.338 grams TPM at a 0.3% Cu cut-off including a 50.5 foot intersection of 0.82% copper, 0.25% nickel, 3.0 g/t silver and 0.490 grams TPM at a 0.5% Cu cut-off.

Duluth Metals Limited Announces Assay Results for the First 20 Holes in the Maturi West Exploration Target

Duluth Metals Limited announced assay results for the first 20 holes, MSW-0001 to MSW-0020, in the Maturi West Exploration Target area, including the up dip extension of the Birch Lake deposit, within the Twin Metals Minnesota Project ("TMM") in northeastern Minnesota. Assay results from the relatively shallow drilling highlight thick mineralized intersections which include: MSW-0014 returned a 150 foot intersection of 0.81% copper, 0.27% nickel, 2.7 g/t silver and 1.00 grams TPM (TPM = Platinum+Palladium+Gold) at a 0.3% Cu cut-off including a 110 foot intersection of 0.94% copper, 0.31% nickel, 3.1 g/t silver and 1.17 grams TPM at a 0.5% Cu cut-off; MSW-0017 returned a 210.5 foot intersection of 0.64% copper, 0.24% nickel 2.1 g/t silver and 0.35 grams TPM at a 0.3% Cu cut-off including a 120.5 foot intersection of 0.72% copper, 0.24% nickel, 2.6 g/t silver and 0.44 grams TPM at a 0.5% Cu cut-off; and MSW-0018 returned a 83 foot intersection of 0.60% copper, 0.19% nickel, 2.1 g/t silver and 0.41 grams TPM at a 0.3% Cu cut-off including a 50 foot intersection of 0.90% copper, 0.28% nickel, 3.7 g/t silver and 0.51 grams TPM at a 0.5% Cu cut-off. The Twin Metals Minnesota Project covers over 32,000 acres of land/mineral interests and consolidates the large base and precious metal land position in Minnesota. This extensive land position provides Twin Metals with the platform to plan and develop large copper-nickel-PGM deposits within a new emerging mining belt in Minnesota, USA. For the 2013 Drill Program, half core samples are being prepared at ALS Minerals laboratories in Thunder Bay and then shipped to its analytical facilities in Vancouver. Samples are being analyzed for Au, Pt, and Pd using a 30g standard fire assay with an ICP-AES finish and for 33 other elements using a four acid (near total) digestion and a combination of ICP-MS and ICP-AES. ICP over-limits for copper and nickel are re-analyzed using dissolution four acid (near total) digestion followed by ICP-AES or AAS. The remaining half core samples are being stored in Minnesota.

Duluth Metals Limited Auditor Raises 'Going Concern' Doubt

Duluth Metals Limited filed its Annual on Apr 01, 2013 for the period ending Dec 31, 2012. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DM:CN C$1.38 CAD -0.03

DM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for DM.
View Industry Companies
 

Industry Analysis

DM

Industry Average

Valuation DM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales NM Not Meaningful
Price/Book 1.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DULUTH METALS LTD, please visit www.duluthmetals.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.