DevEx Resources Limited (UREQF) Fair Value & Analysis
Basic Materials · US · Market cap $71.0K
Fair value as of: Jun 26, 2026
From 1 valuation models · updated 18 days ago
Fair value updated Jun 26, 2026 — revised from $0.0400 to $0.0001 (−99.8%) since Jun 25, 2026.
Price vs Fair Value (12 months)
12‑month range $0.0001 – $0.0001 · the $0.0001 price screens below the $0.0001 fair value. As of Jun 26, 2026.
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DevEx Resources Limited (UREQF) currently trades at $0.0001, while our model-based Fair Value estimate is $0.0001 — implying the stock looks roughly 0.0% fairly valued today. We read business quality at 34/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.
It earns a return on equity of -36.1%. The balance sheet holds a net cash position of $7.0M. Fundamentals as of Jun 26, 2026
The share trades near its 52-week high, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -38% fair-value upside — at 0%, UREQF screens cheaper than that median.
Key figures & financial health
Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.
About the company
DevEx Resources Limited operates as a uranium exploration company in Australia. The company's principal projects are the Nabarlek uranium project and the Murphy West uranium project located in the Northern Territory. It also holds Kennedy Rare Earth Elements Project located in North Queensland. The company was formerly known as Uranium Equities Limited and changed its name to DevEx Resources Limited in November 2017. DevEx Resources Limited was incorporated in 1969 and is based in West Perth, Australia.
Revenue & earnings trend
FY2017 – FY2025 · reported fiscal years
DevEx Resources Limited reported revenue of $355K in FY2025 versus $0 in FY2017. Reported net income was −$9.1M in FY2025.
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10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| BHP Group BHP | $82.95 | $47.52 | -43% |
| Rio Tinto Group RTNTF | $120.75 | $77.09 | -36% |
| Grupo México, S.A. GMBXF | $12.66 | $9.58 | -24% |
| CMOC Group CMCLY | $148.88 | $120.33 | -19% |
| Vale S.A VALEN | 260.19 MXN | 161.77 MXN | -38% |
| Anglo American plc AAUKF | $51.51 | $20.30 | -61% |
| Fortescue Ltd FSUMF | $13.50 | $15.72 | +16% |
| Teck Resources Limited TECKA | C$89.29 | C$35.70 | -60% |
| China Northern Rare Earth (Group) High-Tech Co 600111 | ¥47.11 | ¥6.74 | -86% |
| China Tungsten And Hightech Materials Co 000657 | ¥77.95 | ¥4.90 | -94% |
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.