Desert Mountain Energy Corp (V:DME) — Market Cap & Net Worth
Market Cap & Net Worth: Desert Mountain Energy Corp (DME)
Desert Mountain Energy Corp (V:DME) has a market capitalization of $25.01 Million (CA$34.57 Million) as of May 2, 2026. Listed on the V stock exchange, this Canada-based company holds position #24319 globally and #930 in its home market, demonstrating a 5.88% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Desert Mountain Energy Corp's stock price CA$0.36 by its total outstanding shares 96025197 (96.03 Million). Analyse Desert Mountain Energy Corp (DME) cash flow conversion to see how efficiently the company converts income to cash.
Desert Mountain Energy Corp Market Cap History: 2015 to 2026
Desert Mountain Energy Corp's market capitalization history from 2015 to 2026. Data shows growth from $4.17 Million to $25.01 Million (15.34% CAGR).
Desert Mountain Energy Corp Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Desert Mountain Energy Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
38.67x
Desert Mountain Energy Corp's market cap is 38.67 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2022 | $192.41 Million | $443.92K | -$9.14 Million | 433.44x | N/A |
| 2023 | $23.62 Million | $1.74 Million | -$11.59 Million | 13.55x | N/A |
| 2024 | $22.23 Million | $860.34K | -$4.58 Million | 25.84x | N/A |
| 2025 | $14.59 Million | $377.23K | -$2.30 Million | 38.67x | N/A |
Competitor Companies of DME by Market Capitalization
Companies near Desert Mountain Energy Corp in the global market cap rankings as of May 2, 2026.
Key companies related to Desert Mountain Energy Corp by market ranking:
- ConocoPhillips (NYSE:COP): Ranked #149 globally with a market cap of $150.15 Billion USD.
- Canadian Natural Resources Ltd (TO:CNQ): Ranked #260 globally with a market cap of $96.26 Billion USD ( CA$133.07 Billion CAD).
- EOG Resources Inc (NYSE:EOG): Ranked #401 globally with a market cap of $65.92 Billion USD.
- Diamondback Energy Inc (NASDAQ:FANG): Ranked #500 globally with a market cap of $52.60 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #149 | ConocoPhillips | NYSE:COP | $150.15 Billion | $123.19 |
| #260 | Canadian Natural Resources Ltd | TO:CNQ | $96.26 Billion | CA$63.88 |
| #401 | EOG Resources Inc | NYSE:EOG | $65.92 Billion | $138.95 |
| #500 | Diamondback Energy Inc | NASDAQ:FANG | $52.60 Billion | $207.65 |
Desert Mountain Energy Corp Historical Marketcap From 2015 to 2026
Between 2015 and today, Desert Mountain Energy Corp's market cap moved from $4.17 Million to $ 25.01 Million, with a yearly change of 15.34%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$25.01 Million | +71.43% |
| 2025 | CA$14.59 Million | -34.38% |
| 2024 | CA$22.23 Million | -5.88% |
| 2023 | CA$23.62 Million | -87.73% |
| 2022 | CA$192.41 Million | +27.06% |
| 2021 | CA$151.43 Million | +45.33% |
| 2020 | CA$104.19 Million | +552.17% |
| 2019 | CA$15.98 Million | +9.52% |
| 2018 | CA$14.59 Million | +162.50% |
| 2017 | CA$5.56 Million | -63.64% |
| 2016 | CA$15.28 Million | +266.67% |
| 2015 | CA$4.17 Million | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Desert Mountain Energy Corp was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $25.01 Million USD |
| MoneyControl | $25.01 Million USD |
| MarketWatch | $25.01 Million USD |
| marketcap.company | $25.01 Million USD |
| Reuters | $25.01 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Desert Mountain Energy Corp
Desert Mountain Energy Corp. engages in the acquisition, exploration, and development of oil and gas, helium, natural gas, hydrogen, and mineral properties in the Southwestern United States. It holds interest in the Holbrook Basin helium project located in the Northern Arizona. The company was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp. in April… Read more