Hillgrove Resources Limited operates as a mining company in Australia.
Hillgrove Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.056|
|52 Week High||AU$0.031|
|52 Week Low||AU$0.10|
|1 Month Change||-5.09%|
|3 Month Change||12.00%|
|1 Year Change||43.59%|
|3 Year Change||-40.43%|
|5 Year Change||-6.67%|
|Change since IPO||-99.94%|
Recent News & Updates
Is Hillgrove Resources (ASX:HGO) In A Good Position To Deliver On Growth Plans?
We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
|HGO||AU Metals and Mining||AU Market|
Return vs Industry: HGO exceeded the Australian Metals and Mining industry which returned 13.3% over the past year.
Return vs Market: HGO exceeded the Australian Market which returned 20.3% over the past year.
Stable Share Price: HGO is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: HGO's weekly volatility (11%) has been stable over the past year.
About the Company
Hillgrove Resources Limited operates as a mining company in Australia. The company explores for copper, gold, and silver deposits. Its flagship project is 100% owned Kanmantoo Copper mine located approximately 55km from Adelaide, South Australia.
Hillgrove Resources Fundamentals Summary
|HGO fundamental statistics|
Is HGO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HGO income statement (TTM)|
|Cost of Revenue||AU$2.81m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0047|
|Net Profit Margin||6,141.38%|
How did HGO perform over the long term?See historical performance and comparison
Is Hillgrove Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate HGO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HGO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HGO is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: HGO is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HGO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HGO is good value based on its PB Ratio (2.2x) compared to the AU Metals and Mining industry average (2.5x).
How is Hillgrove Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hillgrove Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Hillgrove Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HGO is currently unprofitable.
Growing Profit Margin: HGO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HGO is unprofitable, but has reduced losses over the past 5 years at a rate of 65.2% per year.
Accelerating Growth: Unable to compare HGO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HGO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: HGO has a negative Return on Equity (-18.34%), as it is currently unprofitable.
How is Hillgrove Resources's financial position?
Financial Position Analysis
Short Term Liabilities: HGO's short term assets (A$7.2M) exceed its short term liabilities (A$3.8M).
Long Term Liabilities: HGO's short term assets (A$7.2M) do not cover its long term liabilities (A$9.2M).
Debt to Equity History and Analysis
Debt Level: HGO is debt free.
Reducing Debt: HGO has no debt compared to 5 years ago when its debt to equity ratio was 83.7%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HGO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HGO has less than a year of cash runway if free cash flow continues to grow at historical rates of 23% each year.
What is Hillgrove Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HGO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HGO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HGO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HGO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HGO is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HGO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Lachlan A. Wallace has been Chief Executive Officer and Managing Director at Hillgrove Resources Limited since May 24, 2019. Mr. Wallace served as Interim Chief Executive officer of Hillgrove Resources...
CEO Compensation Analysis
Compensation vs Market: Lachlan's total compensation ($USD550.94K) is above average for companies of similar size in the Australian market ($USD301.95K).
Compensation vs Earnings: Lachlan's compensation has increased whilst the company is unprofitable.
Experienced Board: HGO's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 92.8%.
Hillgrove Resources Limited's employee growth, exchange listings and data sources
- Name: Hillgrove Resources Limited
- Ticker: HGO
- Exchange: ASX
- Founded: 1952
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$63.240m
- Shares outstanding: 1.13b
- Website: https://www.hillgroveresources.com.au
Number of Employees
- Hillgrove Resources Limited
- 5-7 King William Road
- Ground Floor
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 07:02|
|End of Day Share Price||2021/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.