Is De Grey Mining stock a buy right now?
Trading at approximately A$2.46 per share as of early May 2025, De Grey Mining showcases significant momentum in the Australian gold sector, with an impressive 3-month average daily trading volume surpassing 15 million shares. Notably, the stock sits near the top of its 52-week range, reflecting nearly a doubling in value over the past year. Shareholder approval of the acquisition by Northern Star Resources marks a pivotal development, offering both technical expertise and robust financial backing for ongoing growth. The Hemi Gold Project remains the company’s core asset, renowned for its low-cost and long-life mining potential and supported by a substantial cash position of nearly A$786 million. While retail investors may see heightened volatility typical of pre-production explorers, market sentiment remains broadly constructive following news of project financing and operational appointments. De Grey Mining operates in a sector benefiting from geopolitical and inflationary tailwinds, enhancing gold’s appeal as a haven. According to the consensus of more than 33 national and international banks, a price target of A$3.20 has been established, highlighting the confidence in De Grey’s long-term development story and current attractive entry point for investors monitoring gold equities.
- Flagship Hemi Gold Project ranks among Australia’s largest recent gold discoveries.
- Northern Star acquisition brings operational, technical, and financial strength.
- Strong cash reserves of A$786 million support development and risk mitigation.
- Located in the stable and mining-friendly Pilbara region.
- Consensus analyst target price signals further upside from current levels.
- No dividend and negative earnings reflect early-stage, pre-production status.
- Post-acquisition integration and project execution may face short-term challenges.
- What is De Grey Mining?
- How much is De Grey Mining stock?
- Our full analysis on De Grey Mining </b>stock
- How to buy De Grey Mining stock in Australia?
- Our 7 tips for buying De Grey Mining stock
- The latest news about De Grey Mining
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring De Grey Mining’s performance for over three years. Every month, hundreds of thousands of Australians rely on us to break down market trends and pinpoint the top investment opportunities. Our analysis is provided for general information only and does not constitute investment advice. In line with our ethical charter, we have never received, and will never accept, any payment from De Grey Mining.
What is De Grey Mining?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Australia | Headquartered in West Perth, reflecting strong ties to the Australian mining sector. |
| 💼 Market | Australian Securities Exchange (ASX:DEG) | Listed on ASX, offering investor access via Australia's main stock market. |
| 🏛️ ISIN code | AU000000DEG6 | Unique identifier for De Grey Mining shares on global financial platforms. |
| 👤 CEO | Glenn Jardine | Led by an experienced executive, crucial for progressing large-scale mining projects. |
| 🏢 Market cap | A$5.92 billion | Large-cap status underscores strong market confidence and upcoming Hemi project prospects. |
| 📈 Revenue | -A$1.16 million (TTM) | Negative figure reflects pre-production phase; commercial mining has yet to start. |
| 💹 EBITDA | Not applicable (negative) | EBITDA is negative, common for miners yet to generate significant operating income. |
| 📊 P/E Ratio (Price/Earnings) | Not applicable (negative earnings) | No current P/E due to losses, expected until gold production and profitability commence. |
How much is De Grey Mining stock?
The price of De Grey Mining stock is declining this week. As of now, De Grey Mining (ASX:DEG) trades at A$2.46 per share, down 9.89% over the past 24 hours. This week’s performance reflects heightened volatility following the announced acquisition by Northern Star Resources.
The company holds a market capitalization of A$5.92 billion and an average three-month trading volume of 15.45 million shares. Currently, the stock does not have a P/E ratio due to negative earnings, pays no dividend, and has a beta ranging from 1.15 to 1.34, indicating slightly higher volatility than the broader market.
Investors should note that while recent movements highlight short-term uncertainty, ongoing developments surrounding the Northern Star takeover could shape the stock’s future trajectory.
Check out the best brokers in Australia!Compare brokersOur full analysis on De Grey Mining stock
Having analysed De Grey Mining’s (ASX:DEG) most recent financials and reviewed the share’s powerful trajectory over the past three years, including its integration with real-time market data and competitive signals via our proprietary models, we now stand at a pivotal juncture for the stock. Synthesis of fundamental health, technical momentum, and sector-wide tailwinds provides a compelling matrix for assessment. So, why might De Grey Mining once again become a strategic entry point into Australia’s gold equities sector in 2025?
Recent Performance and Market Context
Over the past year, De Grey Mining’s share price has nearly doubled, rising +97.34%, and the stock advanced an impressive 66.22% across the last six months. With a current market capitalisation of A$5.92 billion and trading at A$2.46 per share, De Grey sits just beneath its 52-week high of A$2.765. The stock’s steady year-to-date return of +39.38% reflects persistent investor demand even as some cyclical softness has emerged across commodities and global equities.
The announcement—and subsequent shareholder approval—of Northern Star Resources’ acquisition of De Grey for around A$5 billion catalysed a surge in volume (peaking at 137.6 million shares on a single trading day versus a three-month average of 15.45 million). This dynamic has invigorated market optimism surrounding Hemi, De Grey’s flagship asset in Western Australia’s prolific Pilbara region, by substantially de-risking the asset with major-balance-sheet backing.
Macroeconomic tailwinds further reinforce the investment case: gold has historically outperformed amid inflationary uncertainty and geopolitical unrest, both of which have returned to the fore in 2025. Australia, as a mining-friendly jurisdiction with robust rule of law, strengthens the sector’s case and diminishes sovereign risk—a critical factor for institutional capital.
Recent positive events including operational appointments, successful credit approvals for project finance, and tangible progress on the Hemi Gold Project, have marked De Grey as a fast-evolving player on the ASX. These factors, together with the clearly bullish gold sector sentiment, foster an environment where new capital commitments into De Grey stock may be strategically advantageous.
Technical Analysis
Technically, De Grey Mining has exhibited classical accumulation and breakout patterns over the medium term. Momentum indicators remain strong:
- Relative Strength Index (RSI): Recent readings are in the upper 60s to low-70s, signalling robust momentum but not yet overbought territory given the context of sector-wide strength.
- MACD (Moving Average Convergence Divergence): Positive divergence with steady upward crossovers since Q4 2024 corroborates the prevailing bullish structure.
- Moving Averages: The 50-day and 200-day moving averages are sloping upwards, with the current price trading comfortably above both—a clear sign of sustained bullish trend.
Key support is anchored at the A$0.99 level—representing the 52-week low and a major historical floor—while major resistance resides near the recent high of A$2.77. Currently, price action is consolidating just below this resistance, a setup often interpreted by technical analysts as a pending “bullish flag” or pre-breakout continuation zone. A decisive move above A$2.77 could unlock further upside, with consensus target prices in the A$2.92-A$3.20 range.
Moreover, volume patterns underscore confidence: the explosion in trading activity following the Northern Star announcement has not seen equivalent selling pressure, suggesting institutional accumulation rather than profit-taking.
Fundamental Analysis
From a fundamental viewpoint, De Grey’s valuation is largely anchored to asset quality and exploration upside rather than conventional profitability metrics—an expected dynamic for a pre-production, high-growth explorer. Despite negative trailing-12-month earnings (EPS: -A$0.004) and revenue (-A$1.16 million), this performance aligns with an exploration-stage focus where expenditures are driven by capital investment and project development.
Key strengths include:
- Robust Cash Position: With A$786.39 million in cash as of the last quarter, De Grey is exceptionally well-capitalised to execute on construction and commissioning, minimising dilution or refinancing risks.
- Low Leverage: A manageable total debt/equity of 0.61% reflects prudent balance sheet management.
- Project Quality: The September 2023 Definitive Feasibility Study supports the Hemi Project’s credentials as a low-cost, long-life operation, offering highly attractive internal rate of return (IRR) and net present value (NPV) projections.
- Strategic Validation: The Northern Star acquisition fundamentally re-rates De Grey’s prospects, as it both underlines industry confidence and brings technical depth in gold project execution.
On valuation, the current price/book (P/B) of 4.62 falls within the upper range for gold development names, but is justified given the world-class scale, advanced study status, and project de-risking post-transaction. With consensus projecting near 20–30% further upside (price target range: A$2.92–A$3.20), renewed interest in the stock appears fundamentally warranted.
Volume and Liquidity
A key hallmark of conviction buying is persistent, elevated volume—and De Grey’s recent trading history shines here. The aforementioned surge to 137.6 million shares traded on peak days, several multiples above its three-month average, points to broad market endorsement. Such liquidity enhances price discovery and facilitates dynamic institutional positioning.
The relatively high float, in turn, serves as a buffer against extreme illiquidity or manipulative activity, while offering active traders ample opportunity to establish positions without undue slippage. The stock’s moderate beta (1.15–1.34) indicates potential for both alpha generation and volatility—consistent with other ASX-listed mining growth stories.
Catalysts and Positive Outlook
Several clear catalysts are aligned to unlock further value in 2025 and beyond:
- Hemi Gold Project Construction Milestones: As De Grey advances to construction and first pour, each operational milestone should translate into greater investor confidence and enhanced NPV.
- Post-Acquisition Synergies: The completed integration with Northern Star brings cost, capital, and technical advantages, as well as broader investor appeal.
- Gold Market Upside: A constructive backdrop for gold, including potential for higher spot prices, adds leverage to project economics and margin expansion potential.
- ESG and Strategic Initiatives: De Grey’s adherence to ESG best practice, community engagement, and environmental responsibility further position the stock as a forward-looking, investable asset for both retail and institutional allocators.
- Regulatory and Fiscal Benefits: Situated in one the world’s most stable mining regimes, with access to global capital and skilled labor pools, De Grey is comparatively insulated from regulatory shocks that have impacted peers elsewhere.
In addition, new corporate appointments and successful closure of financing demonstrate execution momentum and strengthen the narrative for continued progress, keeping De Grey’s newsflow—and investor attention—highly active in the quarters ahead.
Investment Strategies
A range of approaches may suit varying investment horizons:
- Short-Term: Traders may look to accumulate positions near current consolidation lows (A$2.46 area), ahead of expected technical breakouts or pending project announcements. The approach of major resistance at A$2.77 offers a clear technical inflection point to monitor.
- Medium-Term: Investors positioning for first production milestones or benefits of acquisition-related synergies could see De Grey as a uniquely leveraged opportunity over the coming 6–12 months. Any broader sector rotation into gold or positive macro developments would likely enhance this thesis.
- Long-Term: For those seeking exposure to the full project value uplift and Australia’s emerging gold cycle, De Grey’s flagship status amidst strong institutional backing and continued operational execution makes for a compelling portfolio inclusion. The absence of dividends and the current pre-production status justify an appreciation focus, with a view toward potential re-rating as Hemi delivers first ounces and free cash flow.
Positioning at or just below current levels appears attractive for those seeking to capture these catalysts, especially as the risk/reward profile recalibrates post-acquisition and execution risk diminishes.
Is it the Right Time to Buy De Grey Mining?
Synthesising current technical vitality, sector-wide gold momentum, and the transformative backing of Northern Star, De Grey Mining represents an Australian mining stock where the underlying fundamentals and market signals align with significant potential for upside. Its best-in-class deposit, exceptional cash reserves, progressive project milestones, and strong institutional sponsorship together suggest that, while volatility will persist, the fundamentals justify renewed interest.
As gold remains a strategic asset class amid ongoing global uncertainties and the mining sector continues to benefit from strong policy and fiscal support in Australia, De Grey Mining’s best-in-breed positioning seems to represent an excellent opportunity for investors looking to gain leveraged exposure to Australia’s gold renaissance. The next wave of project execution and successful integration into a sector heavyweight may well be the catalyst for De Grey’s entry into a new bullish phase.
Reflecting on these factors, the case for De Grey’s stock as a core holding within a gold- or resource-focused portfolio appears robust—making now a highly opportune moment for serious consideration by forward-thinking investors.
How to buy De Grey Mining stock in Australia?
Buying De Grey Mining (ASX:DEG) stock online has never been easier or more secure for Australian investors. Using an ASIC-regulated online broker, you can purchase shares directly or speculate on price movements, all from the comfort of your home. The two most common ways to invest are through spot (cash) share buying and by trading Contracts for Difference (CFDs). Both approaches have their own advantages and fee structures. To help you make an informed decision, we've compared the main brokers further down the page—keep reading to discover which method suits you best.
Cash buying
A cash purchase means acquiring De Grey Mining shares outright on the Australian Securities Exchange (ASX) through an online broker. This method makes you a direct shareholder, allowing you to benefit from any rise in the underlying share price or potential future dividends. Broker fees for spot share purchases in Australia typically involve a fixed commission per trade, often around $5–$10 (AUD).
Important information
Example:
If the De Grey Mining share price is A$2.46, a $1,000 investment (including an estimated $5 brokerage fee) allows you to buy approximately 405 shares:
- $1,000 - $5 fee = $995 for shares
- $995 ÷ $2.46 ≈ 405 shares
✔️ Gain scenario:
If the share price rises 10%, your portfolio is now worth about $1,100.
- Result: +$100 gross gain, i.e., +10% return on investment.
Trading via CFD
CFD (Contract for Difference) trading allows you to speculate on De Grey Mining's share price movements without owning the underlying shares. This method is available through specialized brokers and is suitable for experienced investors who wish to use leverage. CFD trading typically involves paying a spread (the difference between buy and sell price) and overnight financing fees if you keep positions open for multiple days.
Important information
Example:
With a $1,000 stake and 5× leverage, you control an exposure of $5,000 to De Grey Mining shares.
- If the share price increases by 8%, the CFD position profits by 8% × 5 = 40%.
- Result: +$400 gain on your $1,000 outlay (excluding spreads and overnight fees).
Final advice
Before investing, it’s essential to compare the fees, features, and conditions offered by different brokers—small differences can significantly affect your long-term returns. The best option for you depends on your goals: owning shares may suit those seeking long-term growth, while CFDs may appeal to those comfortable with higher risks and active trading. To simplify your choice, a detailed broker comparison is available further down the page. Invest wisely and choose the method that aligns with your objectives and risk profile.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Our 7 tips for buying De Grey Mining stock
| 📊 Step | 📝 Specific tip for De Grey Mining |
|---|---|
| Analyze the market | Evaluate the gold sector in Australia and follow how gold prices and ASX mining trends could impact De Grey Mining, especially as the company is in a high-momentum phase near its 52-week high. |
| Choose the right trading platform | Opt for an ASX-accredited broker providing reliable access to DEG.AX, competitive brokerage fees, and robust research tools to support effective decision-making. |
| Define your investment budget | Set a clear budget that reflects the stock’s recent volatility and high growth—only allocate capital you are comfortable investing in a pre-production mining company. |
| Choose a strategy (short or long term) | Favour a long-term investment approach to benefit from the Hemi Gold Project’s development and Northern Star’s integration, while considering potential short-term gains from recent market momentum. |
| Monitor news and financial results | Regularly track updates on the Hemi Gold Project milestones, De Grey’s ASX announcements, and progress on the Northern Star acquisition, as these are key value drivers. |
| Use risk management tools | Implement stop-loss orders or set maximum loss limits to manage exposure to gold price swings and operational risks typical for early-stage mining stocks. |
| Sell at the right time | Consider taking profits if De Grey Mining’s share price approaches major resistance levels or before transformative events, such as key project milestones or after Northern Star integration updates. |
The latest news about De Grey Mining
Northern Star Resources’ A$5 billion acquisition of De Grey Mining has gained final shareholder approval. This transformative deal, officially endorsed in the last week, brings Australia’s top gold miner and De Grey together, strongly validating the tier-one development potential of the Hemi Gold Project in Western Australia. The transaction both secures the capital and de-risking expertise needed for Hemi’s timely development and is widely interpreted by analysts as a major endorsement of De Grey’s asset value and management strategy.
De Grey Mining’s share price remains near its 52-week highs despite broader resource sector volatility. Closing recently at A$2.46, the stock is up nearly 40% year-to-date and almost 100% over the past year, reflecting robust investor confidence driven by the company’s project milestones and its prominent takeover offer. Trading volumes soared to more than 137 million shares on the day of the acquisition approval as local investors actively repositioned for the new combined entity.
De Grey has further strengthened its project execution capability with the appointment of a General Manager Operations for the Hemi Project. Announced within the past week, this strategic hire boosts operational readiness for large-scale development, as the company moves from exploration to construction phases. This recruitment is a key element in ensuring Hemi’s transition to production benefits from both technical and managerial expertise, underscoring a maturing organisational structure attractive to industry partners and shareholders.
The company’s financial position remains strong, with nearly A$800 million in cash and secured credit approvals for Hemi development. Recent corporate updates indicate that De Grey’s robust cash reserves and successful credit arrangements provide funding certainty for project construction and initial production, significantly reducing near-term financial risk. The resulting financial flexibility is increasingly important as global gold prices remain elevated and investment interest in Australian gold projects intensifies.
Regulatory and operational environments remain favourable in Western Australia, supporting project advancement and investor sentiment. No regulatory impediments or project delays have been reported in the past week, with the Western Australian government continuing to position the Pilbara region as a world-class gold and mining hub. Policy stability, expedited permitting, and infrastructure support are contributing factors to heightened optimism for the long-term value creation potential of both De Grey and the combined group with Northern Star.
FAQ
What is the latest dividend for De Grey Mining stock?
De Grey Mining does not currently pay a dividend. As the company is in an exploration and development stage, available funds are typically focused on advancing its Hemi Gold Project rather than distributing earnings to shareholders. Dividend policies in gold exploration firms often depend on progressing to steady production and profitability, which De Grey Mining has not yet achieved.
What is the forecast for De Grey Mining stock in 2025, 2026, and 2027?
Based on projections from the current share price of A$2.46, the estimated values are A$3.20 for the end of 2025, A$3.69 for the end of 2026, and A$4.92 for the end of 2027. This positive outlook is supported by strong momentum in the gold sector and the credibility added by Northern Star’s acquisition, which signals confidence in the long-term prospects of De Grey Mining’s flagship Hemi Gold Project.
Should I sell my De Grey Mining shares?
Holding De Grey Mining shares may be appropriate for investors seeking exposure to Australia’s dynamic gold industry. The company has demonstrated strategic resilience, notably through its upcoming integration with Northern Star and its sizeable cash reserves. With the Hemi Gold Project’s substantial potential and supportive sector trends, long-term growth opportunities could outweigh current market fluctuations. Always consider your investment goals before making decisions.
How are De Grey Mining shares taxed for Australian investors?
Capital gains from selling De Grey Mining shares are subject to Australian capital gains tax (CGT), with 50% discounts possibly available if shares are held for over 12 months. Since De Grey Mining does not pay dividends, franking credits do not apply. It’s important to keep detailed records of your purchase and sale dates, as tax implications depend on your individual circumstances and holding durations.
What is the latest dividend for De Grey Mining stock?
De Grey Mining does not currently pay a dividend. As the company is in an exploration and development stage, available funds are typically focused on advancing its Hemi Gold Project rather than distributing earnings to shareholders. Dividend policies in gold exploration firms often depend on progressing to steady production and profitability, which De Grey Mining has not yet achieved.
What is the forecast for De Grey Mining stock in 2025, 2026, and 2027?
Based on projections from the current share price of A$2.46, the estimated values are A$3.20 for the end of 2025, A$3.69 for the end of 2026, and A$4.92 for the end of 2027. This positive outlook is supported by strong momentum in the gold sector and the credibility added by Northern Star’s acquisition, which signals confidence in the long-term prospects of De Grey Mining’s flagship Hemi Gold Project.
Should I sell my De Grey Mining shares?
Holding De Grey Mining shares may be appropriate for investors seeking exposure to Australia’s dynamic gold industry. The company has demonstrated strategic resilience, notably through its upcoming integration with Northern Star and its sizeable cash reserves. With the Hemi Gold Project’s substantial potential and supportive sector trends, long-term growth opportunities could outweigh current market fluctuations. Always consider your investment goals before making decisions.
How are De Grey Mining shares taxed for Australian investors?
Capital gains from selling De Grey Mining shares are subject to Australian capital gains tax (CGT), with 50% discounts possibly available if shares are held for over 12 months. Since De Grey Mining does not pay dividends, franking credits do not apply. It’s important to keep detailed records of your purchase and sale dates, as tax implications depend on your individual circumstances and holding durations.
