Shorted
Develop Global logo

DVP

Develop Global

Materials

Develop Global (DVP) is an ASX-listed materials company focused on the exploration and development of high-grade base metal projects, primarily copper and zinc, in Australia. The company operates key assets such as the Sulphur Springs and Woodlawn projects, holding a significant JORC Compliant Resource inventory. DVP also provides specialized underground mining services, aiming to deliver safer an...

Base Metals
Copper
Zinc
Mining Services

Shorted

short percentage3.26%
reported shorts10.7M
shares on issue329.985M

About

industry

Materials

address

234, Railway Parade, WEST LEEDERVILLE, WA, AUSTRALIA, 6007

Key Metrics

market cap
$1.70B
p/e ratio19.11
eps$0.27

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Historical Price Data

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Industry & Focus

Base Metals
Copper
Zinc
Mining Services
Exploration

Company Overview

AI-generated company summary

Develop Global (DVP) is an ASX-listed materials company focused on the exploration and development of high-grade base metal projects, primarily copper and zinc, in Australia. The company operates key assets such as the Sulphur Springs and Woodlawn projects, holding a significant JORC Compliant Resource inventory. DVP also provides specialized underground mining services, aiming to deliver safer and more sustainable solutions while contributing essential minerals for global decarbonization.

Company History

Develop Global, formerly known Venturex Resources, has evolved into a prominent player in the Australian base metals sector. The company has strategically acquired and advanced key projects like Sulphur Springs in Western Australia and Woodlawn in New South Wales. Through a focus on both mineral exploration and innovative underground mining services, Develop Global has positioned itself to capitalize on the increasing demand for future-facing minerals.

Competitive Advantages

Develop Global possesses a substantial JORC Compliant Resource inventory across its high-grade Sulphur Springs and Woodlawn projects, strategically located in established Australian mining regions. The company operates a specialized underground mining services business, providing a dual revenue stream and offering clients certainty through its expertise and equipment. With a primary focus on copper and zinc, Develop Global is strategically positioned to benefit from the surging global demand for minerals critical to renewable energy technologies and decarbonization efforts.

Risk Factors

  • Volatility in base metal commodity prices, particularly copper and zinc, which can significantly impact revenue and profitability.
  • Inherent risks associated with mineral exploration and project development, including geological uncertainties, permitting delays, and capital cost overruns.
  • Operational and safety risks specific to underground mining activities, which can lead to production disruptions, increased costs, or reputational damage.

Recent Developments

Last 6 months

Over the past six months (late 2025 to early 2026 based on the provided report dates), Develop Global has received consistent positive coverage from financial analysts, with reports highlighting strong performance and emerging upside at its Pioneer Dome project. Analyst reports have noted "A+ scorecard" and "Keeps getting better" sentiments, alongside specific updates such as "Copper Upgrades Offset Soft Zinc Outlook" and a "Site Tour - Woodlawn," indicating active project development and positive market perception.

Key People

Leadership team at Develop Global

Bill Beament

Bill Beament

Managing Director

A highly experienced mining executive, known for his leadership in developing and operating significant mining projects, particularly in the gold sector before transitioning to base metals.

MB

Michael Blakiston

Non-Executive Chair

An accomplished legal professional with extensive experience in corporate law, particularly within the mining and resources sector, serving on various public company boards.

Trevor Eton

Trevor Eton

Chief Financial Officer

A seasoned finance professional with a strong background in financial management and corporate strategy within the mining industry, overseeing the company's financial operations.

MW

Mr. William James Beament B.E., M.A.I.C.D.

MD & Director

MB

Mr. Ben MacKinnon

Chief Financial Officer

ME

Ms. Elle Farris

General Counsel & Company Secretary

MG

Mr. Guy Singleton

Chief External Affairs Officer

Financial Reports

10 reports available

02 Feb 2026 02 Feb 2026 Canaccord Genuity – Develop Global (DVP): DecQ'25 report 1.3 MB

Financial ReportDec 31, 2026via crawler

28 Jan 2026 28 Jan 2026 Bell Potter – Develop Global (DVP): A+ scorecard 267.0 KB

Financial ReportDec 31, 2026via crawler

28 Jan 2026 28 Jan 2026 Argonaut – Develop Global (DVP): PIONEER DOME UPSIDE EMERGING 439.9 KB

Financial ReportDec 31, 2026via crawler

09 Jan 2026 09 Jan 2026 Bell Potter – Develop Global (DVP): Show me the money! 326.9 KB

Financial ReportDec 31, 2026via crawler

19 Dec 2025 19 Dec 2025 Bell Potter – Develop Global (DVP): Keeps getting better 309.0 KB

Financial ReportDec 31, 2026via crawler

16 Dec 2025 16 Dec 2025 Argonaut - Develop Global (DVP): Copper Upgrades Offset Soft Zinc Outlook 612.9 KB

Financial ReportDec 31, 2026via crawler

24 Nov 2025 24 Nov 2025 Argonaut - Develop Global (DVP): Site Tour - Woodlawn 819.5 KB

Financial ReportDec 31, 2026via crawler

28 Oct 2025 28 Oct 2025 Bell Potter – Develop Global (DVP): Strike while the irons hot 371.4 KB

Financial ReportDec 31, 2026via crawler

31 Aug 2022 31 Aug 2022 Annual Review 2021-2022

Financial ReportDec 31, 2022via crawler

31 Aug 2021 31 Aug 2021 Annual Review 2020-2021

Financial ReportDec 31, 2022via crawler