SmallCaps
ASX:DESMaterialsDiversified Metals & Mining

Desoto Resources Ltd

DeSoto Resources Limited is an Australia-based exploration company with gold, rare earth and base metal Projects in Guinea (Siguiri Basin) and the Northern Territory, Australia.

$0.140 $0.000 (0.00%)AUD · Closed
-20.5%52-week return
Day Range
$0.140$0.140
52 Week Range
$0.098$0.260
Volume
0.00
Avg Volume (10D)
38.05K
Market Cap
$38.75M
The company

The business

What Desoto Resources Ltd does

DeSoto Resources Limited is an Australia-based exploration company with gold, rare earth and base metal Projects in Guinea (Siguiri Basin) and the Northern Territory, Australia. The Company’s projects include Fenix Lithium Gold Project, Fenton Gold Project, and Spectrum rare earth elements (REE) Project. Fenix Lithium Gold Project has over 345 square kilometers of land position in a prolific mineral region. The Fenix Lithium Gold Project has three 100%-owned and granted tenements located within the Pine Creek Pegmatite Field. The Fenton Gold Project has three 100%-owned and granted tenements and three 100%-owned applications. The Spectrum REE Project includes Quantum REE-Au-Ag Prospect and Vesper Base-Metals Prospect. Vesper Base-Metals Prospect is located 1.5 kilometers (km) from Quantum REE Prospect. Its Siguiri projects include Dadjan, Koba, Kassa Est, Mini, Yarakoura, Doutila, Moussaya, Dabidiana, Falama, Moiko, Alamakono, among others.

Incorporated
AUS
Public since
2022-12-16
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Share price & key data

Share price

OHLC · volume · moving averages
$0.140-$0.020 (-12.50%)over 6M
Hi$0.180Lo$0.098
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.140
Prev Close
$0.140
Day High
$0.140
Day Low
$0.140
52wk High
$0.260
52wk Low
$0.098

Valuation

Multiples
Market Cap
$38.75M
Shares Out
276.79M
Price/Book
1.96

Trading Activity

Volume & book
Volume
0.00
Value Traded
$0.00
Bid
$0.140 × 38,228
Ask
$0.160 × 110,000
Avg Vol 10D
38.05K

Performance

Total return
1 Day
+10.71%
5 Day
+14.81%
13 Week
+29.17%
52 Week
-20.51%
YTD
+3.33%
Peers & news

Latest news

From the Small Caps desk
DeSoto Resources Confirms Major Exploration Expansion at Siguiri Goldfields Projects
Mining & Resources

DeSoto Resources Confirms Major Exploration Expansion at Siguiri Goldfields Projects

DeSoto Resources expands Siguiri gold exploration in Guinea with soil sampling across Yarakoura, Woussoubadou and Branama, Timbakouna drilling, and Fortuna JV.

DeSoto Resources Given Green Light to Resume Exploration Across Guinea Gold Portfolio
Mining & Resources

DeSoto Resources Given Green Light to Resume Exploration Across Guinea Gold Portfolio

DeSoto Resources wins government approval to resume drilling at Timbakouna, Guinea; 485 holes, 10,000m, as it expands its Guinea gold portfolio.

DeSoto Resources Confirms Major Gold-Bearing Zone in Guinea’s Siguiri Basin
Mining & Resources

DeSoto Resources Confirms Major Gold-Bearing Zone in Guinea’s Siguiri Basin

DeSoto Resources (ASX: DES) has confirmed a substantial gold-bearing zone at the Dadjan Grand Plateau within the Siguiri Basin in the West African nation of Guinea. The company has received final shallow power auger results from an infill program at its Dadjan project, part of the examination DeSoto recently conducted at its Siguiri land holding, […]

DeSoto Resources expands into Guinea with acquisition of high-grade gold portfolio
Mining & Resources

DeSoto Resources expands into Guinea with acquisition of high-grade gold portfolio

DeSoto Resources (ASX: DES) will bring a highly experienced West African team, along with new technology and ideas, to the portfolio of assets it is preparing to acquire in Guinea. The company has entered into a binding agreement to acquire 100% of the issued capital of private company Angex Australia, which holds 14 gold projects […]

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