Professional
Added to YB: 2026-05-06
Pitch date: 2026-04-17
DMX.V [bullish]
District Metals Corp.
+8.22%
current return
Author Info
No bio for this author
Company Info
District Metals Corp., a junior mineral exploration stage company, acquires, explores, and evaluates mineral resource properties.
Market Cap
CAD 140.9M
Pitch Price
CAD 0.73
Price Target
3.00 (+280%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-36.15
EV/Sales
N/A
Sector
Metals and Mining
Category
special_situation
Castañar Fund Portfolio Holding: District Metals Corp.
DMX.V (re-entered position): Exited Feb at C$0.45 (+36% profit) after Swedish gov announced investigation into municipal ban on SOS aluminous shale extraction, threatening Viken deposit despite uranium moratorium lift Jan 1. Rebuilt position at 3.5 SEK (C$0.52) after 4 CEO meetings clarified regulatory outlook. Intrinsic value >C$3 if project proceeds, but sized for election-year political risk. 7¢ re-entry premium worth protecting capital vs emotional averaging down.
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