Helix Resources Limited engages in the mineral exploration activities in Australia and Chile.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.02|
|52 Week High||AU$0.008|
|52 Week Low||AU$0.051|
|1 Month Change||17.65%|
|3 Month Change||-4.76%|
|1 Year Change||100.00%|
|3 Year Change||-42.86%|
|5 Year Change||-72.22%|
|Change since IPO||-95.28%|
Recent News & Updates
Companies Like Helix Resources (ASX:HLX) Can Afford To Invest In Growth
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
|HLX||AU Metals and Mining||AU Market|
Return vs Industry: HLX exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: HLX exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: HLX is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: HLX's weekly volatility has decreased from 31% to 15% over the past year, but is still higher than 75% of Australian stocks.
About the Company
Helix Resources Limited engages in the mineral exploration activities in Australia and Chile. It explores for copper, gold, iron ore, and other base metals. The company’s flagship project is the Central Zone project located in central New South Wales.
Helix Resources Fundamentals Summary
|HLX fundamental statistics|
Is HLX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HLX income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00066|
|Net Profit Margin||-414.28%|
How did HLX perform over the long term?See historical performance and comparison
Is Helix 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 HLX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HLX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HLX is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: HLX 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 HLX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HLX is good value based on its PB Ratio (1.5x) compared to the AU Metals and Mining industry average (2.6x).
How is Helix 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 Helix 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 Helix Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HLX is currently unprofitable.
Growing Profit Margin: HLX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HLX is unprofitable, but has reduced losses over the past 5 years at a rate of 36.5% per year.
Accelerating Growth: Unable to compare HLX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HLX 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: HLX has a negative Return on Equity (-4.82%), as it is currently unprofitable.
How is Helix Resources's financial position?
Financial Position Analysis
Short Term Liabilities: HLX's short term assets (A$5.9M) exceed its short term liabilities (A$844.3K).
Long Term Liabilities: HLX's short term assets (A$5.9M) exceed its long term liabilities (A$10.0).
Debt to Equity History and Analysis
Debt Level: HLX is debt free.
Reducing Debt: HLX has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HLX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HLX has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 7.5% each year.
What is Helix Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HLX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HLX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HLX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HLX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HLX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Michael Benjamin Rosenstreich, also known as Mike, BSC (Hons), MEE, FAusIMM, MAICD, serves as the Managing Director and Director of Helix Resources Limited since January 11, 2021. He served as Managing...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD161.93K) is below average for companies of similar size in the Australian market ($USD302.06K).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
Experienced Management: HLX's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: HLX's board of directors are considered experienced (3.3 years average tenure).
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 58.5%.
Helix Resources Limited's employee growth, exchange listings and data sources
- Name: Helix Resources Limited
- Ticker: HLX
- Exchange: ASX
- Founded: 1985
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$25.170m
- Shares outstanding: 1.26b
- Website: https://www.helixresources.com.au
Number of Employees
- Helix Resources Limited
- 78 Churchill Avenue
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:03|
|End of Day Share Price||2021/10/20 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.