Desert Mountain Energy Corp. (DME.V)
Desert Mountain Energy Corp. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.19, up 0.00% on the session, giving a market capitalisation of $19.7M. Its beta of 0.95 implies it has historically moved less than the broad market.
Desert Mountain Energy Corp. (DME.V) is an enterprise dedicated to the exploration and development of oil, natural gas, and various mineral properties. Its operational footprint extends across the United States, Canada, and internationally. Among its key assets is the Holbrook Basin helium project, encompassing 65,912 acres in Northern Arizona. The company also holds an interest in the Kight Gilcrease Sand Unit, an oil and gas initiative in Seminole County, Oklahoma, which features seven wells spread over 883.7 acres. Furthermore, DME has acquired an additional 8,510 acres within Navajo County, Arizona. Established in 2008, the company is headquartered in Vancouver, Canada, and underwent a name change from African Queen Mines Ltd. to Desert Mountain Energy Corp. in April 2018.
Desert Mountain Energy Corp. is most often compared with the following Energy names: