de grey mining stock price — guide
De Grey Mining — Stock price
Lead summary
De Grey Mining stock price is the primary focus for investors and market watchers tracking ASX-listed De Grey Mining Limited (ASX: DEG). This article explains who De Grey Mining is, where and how its shares trade, what influences the stock price, and which resources and metrics investors use to monitor and interpret De Grey Mining stock price over time. Readers will learn where to find real‑time and delayed quotes, how to read common trading and valuation metrics for a mining explorer/developer, and practical tips for following announcements that typically move DEG shares. For active traders and long‑term investors alike, the aim is to make De Grey Mining stock price data easier to find and use — and to point you to Bitget for secure market access and Bitget Wallet for custody.
Note: this article avoids publishing continually changing live figures. Always confirm current quotes and market data on official market feeds or the exchanges and data providers listed below.
Company background
De Grey Mining Limited is an Australian mineral exploration and development company focused on gold exploration and development in Western Australia. Its flagship asset is the Hemi Gold Project in the Pilbara region — a discovery and development hub that has been central to the company’s operational news flow and investor attention.
The company’s business model centers on progressive exploration, resource definition, and staged project development. Early exploration success, resource updates, feasibility results, mine planning milestones and funding arrangements are the operational events that most commonly influence De Grey Mining stock price. Positive drilling results and advancing development studies tend to support share price strength, while negative drilling outcomes, permitting delays or funding uncertainties tend to pressure the stock.
De Grey Mining stock price therefore reacts to both project‑level news (e.g., Hemi drilling results, resource upgrades, feasibility outcomes) and broader gold market dynamics, as well as market sentiment towards Australian junior and mid‑tier mining names.
Stock market listing and identifiers
De Grey Mining’s primary listing is on the Australian Securities Exchange under the ticker ASX: DEG. Some investors may also find secondary or over‑the‑counter quotations in overseas quote systems for accessibility outside Australia.
Key identifiers and listing notes investors use when tracking De Grey Mining stock price:
- Primary exchange: Australian Securities Exchange (ASX) — ticker DEG.
- Secondary/OTC quotations: some data providers present non‑Australian quotes (check provider disclaimers for coverage and symbol conventions).
- ISIN and company registry identifiers: quoting conventions and the ISIN are published in company registry and exchange records — use the ASX company page or company filings to confirm the exact ISIN for cross‑market settlement.
- Listing date and exchange membership: the ASX company profile and prospectus record the company’s admission date and exchange membership; these are authoritative for historical listing details.
- Trading hours and quoted currency: ASX trading hours apply to ASX: DEG (local Australian exchange hours) and quoted prices are in Australian dollars (AUD) on the ASX. Overseas or OTC quotes may be denominated in other currencies — always confirm the currency when comparing prices across venues.
Knowing these identifiers and the quoting currency is essential when comparing De Grey Mining stock price across providers or converting prices to another currency for portfolio reconciliation.
Recent share price snapshot
A typical share price quote for De Grey Mining shows several pieces of information that help investors understand the immediate market picture: the last trade price (price at which the most recent trade executed), the net change versus the prior close, bid and ask levels and sizes, traded volume for the session, and the currency used for the quote (AUD on ASX). Real‑time feeds add time‑stamps and trade prints.
To get an accurate De Grey Mining stock price snapshot, use official exchange data or reputable market data providers. Remember that different sources may show delayed quotes (commonly 10–20 minutes or end‑of‑day) unless you specifically subscribe to a real‑time feed. Intraday values move continuously during trading sessions, and data vendors differ in latency and display conventions.
As of 2024‑06‑30, according to the ASX company page and leading market data providers, De Grey Mining stock price quotes and intraday trading statistics are available via ASX market data, Barchart, Stockopedia, and other financial data vendors. Investors should check those pages for the latest last trade, bid/ask and session volume figures.
Historical price performance
Price history and major milestones
De Grey Mining stock price history is shaped by a mix of exploration milestones, resource announcements at Hemi, development studies, capital raising events and broader commodity price cycles. Major milestones that tend to correlate with large price moves include:
- Significant drilling intercepts or new high‑grade discoveries within the Hemi project area.
- Resource upgrades that materially increase measured or indicated ounces.
- Release of prefeasibility or feasibility study results that change the project economics.
- Announcements of project financing, strategic partnerships, or offtake arrangements.
- Large capital raisings or dilutive placements, which can weigh on the stock if perceived as unfavorable by the market.
When reviewing historical charts for De Grey Mining stock price, align major peaks and troughs with the company’s announcement timeline and the prevailing gold price backdrop to interpret why the stock moved.
52‑week range and multi‑period returns
Presenting and interpreting De Grey Mining stock price returns across standard horizons (1‑month, 3‑month, 6‑month, 1‑year and longer) helps investors evaluate momentum and volatility. An accurate way to show returns is to use percentage change versus a prior date and to display the 52‑week high and low range.
- 1‑month return: captures very recent momentum — useful for traders.
- 3‑ and 6‑month returns: show medium‑term trend and reaction to recent project news.
- 1‑year and multi‑year returns: reflect longer‑term performance and the impact of structural events (major discoveries, sustained drilling programs, or large financings).
Because De Grey Mining stock price can be volatile, multi‑period return tables should be updated from live or delayed data providers. Historical return calculations should normalize for corporate actions (e.g., share consolidations or splits) to ensure comparability.
Charts and technical analysis
Technical analysis commonly applied to De Grey Mining stock price uses charting tools and indicators. Frequent chart types and indicators include:
- Price charts: candlestick charts for intraday/short‑term work; line charts for long‑term trend views.
- Moving averages: simple (SMA) and exponential (EMA) averages (e.g., 50‑day, 200‑day) to assess trend direction and potential support/resistance.
- Relative Strength Index (RSI): to identify overbought or oversold conditions.
- Volume indicators and VWAP: to measure the weight of moves and intra‑session average price execution.
- MACD and momentum indicators: to detect trend shifts and signal crossovers.
For miners like De Grey, technical signals should be used together with fundamental and news context: a bullish technical setup may be fragile if upcoming drilling results or capital raises are uncertain.
Market capitalization, shares outstanding and float
Market capitalization is calculated as the last quoted share price multiplied by the number of shares outstanding. Market cap gives a snapshot of the company’s equity market value on a particular date and is commonly used to classify companies (e.g., micro‑cap, small‑cap, mid‑cap).
Key definitions and notes for De Grey Mining stock price users:
- Shares outstanding: total shares issued and outstanding as reported in company filings or the company registry. Changes occur when companies complete placements, issue shares under employee plans, or convert securities.
- Free float: the portion of shares likely to trade publicly, excluding locked‑in holdings such as large cornerstone investors, strategic partners or escrowed shares. A low free float can amplify price swings because fewer shares are available to absorb order flow.
- Market cap sensitivity: because market cap multiplies price by shares outstanding, capital raisings that increase shares outstanding will affect market cap even if the share price remains unchanged.
Corporate actions that change shares outstanding — placements, rights issues, share buybacks, or conversions — directly affect the calculation of market capitalization and therefore should be captured when tracking De Grey Mining stock price and market metrics.
Trading metrics and liquidity
Traders and institutional investors monitor several metrics to judge liquidity and execution risk for De Grey Mining stock price:
- Average daily volume: higher average volume usually means easier execution and smaller market impact when placing trades.
- VWAP (volume‑weighted average price): useful for assessing execution quality across a trading day.
- Bid‑ask spread: the difference between best bid and best ask; a narrow spread implies lower implicit trading costs, while a wide spread signals reduced liquidity and higher transaction cost.
- Daily range: the intraday high and low give a sense of volatility for the session.
For ASX: DEG, liquidity can vary with news flow. Exploration results or major announcements can increase both volume and intraday volatility. Investors considering sizable positions should be mindful of market impact in low‑float or thinly traded sessions.
Financials and valuation metrics
Reported financials
For a mining explorer/developer such as De Grey Mining, the most relevant financial statements and line items to watch in periodic reports are:
- Income statement highlights: exploration and evaluation expenditure (capitalized or expensed), impairment charges, and other operating costs. Many early‑stage miners report operating losses while the asset base is developed.
- Balance sheet: cash and cash equivalents (critical for funding drill campaigns and study work), borrowings (if any), and capitalized exploration assets.
- Cash flow statement: cash used in investing (exploration spend) and financing activities (capital raises, placements) — these explain changes in cash and the need for further funding.
These line items directly affect valuation considerations: cash runway influences the likelihood of dilution, and capitalized resources increase the potential future value if the project advances to production.
Common valuation ratios
Valuation metrics investors might reference for De Grey Mining stock price include:
- Price/earnings (P/E): usually not meaningful for pre‑production explorers that do not generate consistent earnings.
- Price/book (P/B): compares market value to equity on the balance sheet; can be useful where assets and liabilities are stable.
- Enterprise value / EBITDA (EV/EBITDA): more relevant for producing miners generating positive EBITDA; often not applicable to explorers.
- Price/sales (P/S): not typically meaningful for explorers without commercial production.
- Resource‑based metrics: enterprise value per contained ounce (EV/oz) or per measured and indicated ounce are commonly used for junior and mid‑tier gold companies to compare implied valuation per ounce of resource.
Caution: For De Grey Mining stock price analysis, many conventional ratios may be misleading until the company reaches production. Resource‑based and discounted cash flow (DCF) approaches, using conservative assumptions, are commonly used by analysts to estimate project economics and fair value ranges.
Analyst coverage and price targets
Sell‑side analysts and independent research houses may publish coverage, ratings and price targets for De Grey Mining. Aggregated analyst data (consensus ratings and target price ranges) can be a reference point for market expectations, but coverage frequency and depth vary across research providers.
When using analyst coverage to interpret De Grey Mining stock price:
- Confirm the date of the analyst report and the assumptions used (gold price, discount rate, production profile).
- Compare multiple firms’ targets and note that analyst estimates may diverge widely for exploration companies depending on resource interpretation and forecast assumptions.
- Use analyst reports as input for scenario analysis rather than definitive forecasts.
Sources of aggregated analyst information include financial data vendors and independent research platforms; always check the original report for methodology and disclosure of conflicts or firm ownership stakes.
Corporate actions and news that affect price
Certain types of company announcements reliably move De Grey Mining stock price more than others. Investors commonly monitor the following disclosure categories:
- Exploration results and drilling intercepts: high‑impact items for share price, especially new discoveries or materially better‑than‑expected assays at Hemi.
- Resource upgrades and revisions: changes to measured/indicated/inferred resources materially change the project scale.
- Feasibility and study updates: prefeasibility and feasibility study outcomes affect perceived economic viability.
- Project approvals and permitting: progress towards environmental approvals or mining leases reduces execution risk.
- Capital raisings and placements: announcements of equity issuance often introduce dilution fears and can pressure the stock.
- Strategic partnerships, offtake arrangements, or farm‑in deals: such items can be value accretive and supportive for the share price.
- Management changes and director trades: leadership shifts and insider trading reports can be interpreted as signals regarding company prospects.
To monitor these items, follow ASX announcements, the company website investor relations releases, and major financial news providers. Timely monitoring is crucial because markets often move quickly on these disclosures.
Major shareholders and insider activity
Ownership structure and insider transactions can affect De Grey Mining stock price dynamics. Important items to check:
- Top institutional holders: large funds and institutions may provide share stability or create concentrated selling pressure if they exit.
- Director and management holdings: strong insider ownership often signals alignment with shareholders, while frequent insider selling may raise questions about near‑term funding needs.
- Substantial holder notices and changes: publicly filed substantial holder notices (per exchange rules) reveal large shifts in ownership that can impact liquidity and share price behavior.
Where to find this information: company annual reports, ASX substantial holder filings, and regulatory disclosures record shareholdings and director trades.
Trading instruments and access
Investors can gain exposure to De Grey Mining stock price through several instruments and market access routes. Common options include:
- Buying ASX‑listed ordinary shares directly via brokers that support the ASX for international or local investors. For convenience and security, Bitget provides market access and custody options suited to retail and institutional users.
- OTC/ADR quotations where available: some non‑Australian trading venues or over‑the‑counter mechanisms display a foreign quotation for DEG. OTC or ADR instruments may have different liquidity and settlement conventions.
- CFDs and derivatives offered by brokers: contract for difference (CFD) products replicate exposure but do not involve owning the underlying shares and may have different margin and fee structures.
Each access method differs in liquidity, fee structure, regulatory protections and settlement currency. When selecting a venue or instrument to trade De Grey Mining stock price, compare spreads, commissions, margin terms and the provider’s regulatory status. Bitget is presented as a recommended venue for digital asset markets; for ASX equities, use licensed brokers that connect to the ASX or reputable global brokers that support ASX execution.
Risks and considerations for investors
Tracking and trading De Grey Mining stock price involves several risk categories that investors should weigh:
- Commodity price exposure: gold price movement materially affects the valuation backdrop for De Grey and similar gold explorers/developers.
- Exploration risk: drilling results can be binary — either confirming resources or disappointing expectations.
- Permitting and environmental risk: regulatory approvals and community relations affect project timelines.
- Market risk: liquidity constraints, wide bid‑ask spreads and volatile trading sessions can increase execution costs.
- Corporate risk: dilution through capital raisings and governance matters can change shareholder value.
Investors should combine project‑level diligence, financial statement review and monitoring of company disclosures when interpreting De Grey Mining stock price and making allocation decisions. This article is informational and not investment advice.
How to follow the stock and get accurate price data
Reliable sources for De Grey Mining stock price and related information include:
- ASX announcements and the ASX company page for DEG: authoritative for official filings, announcements and market notices.
- Company website investor relations: for press releases, presentation decks, and corporate documents.
- Major market data providers and financial news sites (e.g., Barchart, Stockopedia, GuruFocus, ADVFN, TradingEconomics) for quotes, charts and historical data — but always check whether quotes are real‑time or delayed.
- Exchange data feeds: paid real‑time data from the ASX or platforms that carry ASX real‑time pricing if you need live execution prices.
As of 2024‑06‑30, according to Barchart and Stockopedia, users should confirm whether displayed quotes are delayed and verify the quoted currency when comparing sources. For the most accurate trading decisions, use official exchange data for execution and cross‑check with the company’s ASX announcements for fundamental events.
Practical tips when checking De Grey Mining stock price:
- Confirm the quoting currency (AUD on ASX) before comparing prices across venues.
- Be mindful of data delays; free feeds are often delayed by default.
- When reviewing historical returns, adjust for corporate actions such as share issues or consolidations.
- Use more than one provider for cross‑validation of price and volume data.
See also
- ASX
- Gold price
- Mining exploration
- Market capitalization
- Ticker DEG
References / data sources
The following sources were consulted as authoritative places to locate De Grey Mining stock price, company filings and market data. For time‑sensitive figures, consult the listed sources directly to obtain the latest numbers.
- Stockopedia (DEG profile) — provides company metrics, charts and analyst summaries. (As of 2024‑06‑30, Stockopedia lists trading metrics and company info.)
- Barchart (DEG.AX) — offers intraday quotes, historical charts and technical indicators. (As of 2024‑06‑30, Barchart publishes delayed and in some cases real‑time data depending on subscription.)
- GuruFocus (ASX:DEG) — has financials and ownership snapshots.
- Intelligent Investor (DEG share price coverage) — provides secondary market commentary and historical price displays.
- TradingEconomics — offers macro and market data feeds for equities and commodity comparisons.
- Australian Financial Review price history and coverage — for news‑driven context on Australian miners. (As of 2024‑06‑30, AFR archives include commentary on De Grey developments.)
- ADVFN (DEG page) — historical quotes and charts.
- Nasdaq (DGMLF page) — where some vendors show OTC/foreign quotations; check formal OTC listings and disclaimers.
- IG Markets education pages — for general trading instrument guidance and explanations of trading metrics.
As required for timeliness, specific summary statements above referenced the date 2024‑06‑30 and the sources listed. For current De Grey Mining stock price values (last trade, bid/ask, market cap, average volume), check the ASX company page or the providers above for live or delayed figures.
Additional reading and next steps
To stay current with De Grey Mining stock price:
- Monitor ASX announcements and the company’s investor releases for drill results, resource updates and financing notices.
- Use charting services to set watchlists and price alerts based on the metrics described above (moving averages, significant support/resistance, volume spikes).
- For custody and execution needs, explore regulated broker options that provide ASX access; for digital asset custody and wallet needs related to market research and account security, consider Bitget Wallet.
Further explore Bitget’s platform features to streamline market access and risk management, and consider creating watchlists that include ASX: DEG alongside relevant gold price instruments to understand the commodity correlation with De Grey Mining stock price.
Practical checklist to track De Grey Mining stock price
- Open the ASX company page for DEG for official filings and trading notices.
- Add DEG to your charting platform and enable 50/200 moving averages and RSI for technical context.
- Set up price alerts for the 52‑week high/low and for price levels important to your watchlist.
- Subscribe to ASX announcements or the company’s investor email list to receive drill results, feasibility updates and capital raising notices in real time.
- Cross‑check volumes and bid/ask spreads on at least two market data providers before executing sizable trades.
Further exploration: explore Bitget resources for secure custody (Bitget Wallet) and trade execution if you wish to integrate market monitoring with secure asset management.
Reporting note: As of 2024-06-30, according to the ASX company page and data providers such as Barchart and Stockopedia, De Grey Mining stock price information (quotes, charts and trading metrics) is publicly available on the sources listed above. Readers should reference those live sources for the latest quantifiable figures including market capitalization and daily trading volume.
This article is educational and informational only. It is not investment advice and does not recommend buying or selling securities.
