How does HELI's pb Ratio compare to its peers?

Insufficient data to calculate HELI's Price-To-Book Ratio vs. peers for valuation analysis.

How does HELI's pb Ratio compare vs other companies in the CA Oil and Gas Industry?

Insufficient data to calculate HELI's Price-To-Book Ratio vs. industry for valuation analysis.

What is HELI's pb Ratio compared to its Fair pb Ratio? This is the expected pb Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate HELI's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of HELI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate HELI's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

First Helium (TSXV:HELI) - Stock Price, News & Analysis

HELI Stock Overview

Engages in the acquisition, exploration, development, and production of helium, petroleum, and natural gas property interests in Alberta, Canada. More details

HELI fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Has not reported any financial data

Does not have a meaningful market cap (CA$10M)

Shareholders have been substantially diluted in the past year

Volatile share price over the past 3 months compared to the Canadian market

Community vs My Fair Value

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First Helium Inc. Competitors

Criterium Energy

TSXV:CEQ

CA$8.7m

Westgate Energy

TSXV:WGT

CA$8.6m

Canadian Spirit Resources

TSXV:SPI

CA$8.6m

New Zealand Energy

TSXV:NZ

CA$6.8m

Price History & Performance

Summary of share price highs, lows and changes for First Helium
Historical stock prices
Current Share Price	CA$0.06
52 Week High	CA$0.12
52 Week Low	CA$0.025
Beta	0
1 Month Change	9.09%
3 Month Change	71.43%
1 Year Change	33.33%
3 Year Change	-84.62%
5 Year Change	n/a
Change since IPO	-78.18%

Recent updates

Shareholder Returns

	HELI	CA Oil and Gas	CA Market
7D	0%	-2.1%	-0.5%
1Y	33.3%	11.5%	16.2%

Return vs Industry: HELI exceeded the Canadian Oil and Gas industry which returned 14.1% over the past year.

Return vs Market: HELI exceeded the Canadian Market which returned 17.3% over the past year.

Price Volatility

Is HELI's price volatile compared to industry and market?
HELI volatility
HELI Average Weekly Movement	15.9%
Oil and Gas Industry Average Movement	6.9%
Market Average Movement	8.5%
10% most volatile stocks in CA Market	18.1%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: HELI's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: HELI's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
2016	n/a	Ed Bereznicki	www.firsthelium.com

First Helium Inc. engages in the acquisition, exploration, development, and production of helium, petroleum, and natural gas property interests in Alberta, Canada. The company holds a 100% interest in the Worsley Property project located in the Worsley Trend, Northern Alberta. First Helium Inc. was incorporated in 2016 and is headquartered in Calgary, Canada.

First Helium Inc. Fundamentals Summary

How do First Helium's earnings and revenue compare to its market cap?
HELI fundamental statistics
Market cap	CA$9.60m
Earnings (TTM)	CA$0
Revenue (TTM)	n/a

n/a

P/E Ratio

n/a

P/S Ratio

Is HELI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HELI income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$0
Earnings	CA$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)	0
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did HELI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/20 16:07
End of Day Share Price	2025/02/20 00:00
Earnings	N/A
Annual Earnings	N/A

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Helium Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

HELI Stock Overview

Risk Analysis

First Helium Inc. Competitors

TSXV:CEQ

CA$8.7m

TSXV:WGT

CA$8.6m

TSXV:SPI

CA$8.6m

TSXV:NZ

CA$6.8m

Price History & Performance

Recent News & Updates

First Helium Inc. Completes Drilling 7-15 Well & Cases for Completion and Testing

First Helium Inc. Spuds 7-15 Exploration Well

New major risk - Shareholder dilution

First Helium Inc. Completes Drilling 7-30 Well & Cases for Completion and Testing

First Helium Spuds 7-30 Undeveloped Light Oil Well At Worsley

First Helium Inc. Secures Rig to Drill Two Wells Targeting Leduc Light Oil At Worsley

Recent updates

First Helium Inc. Completes Drilling 7-15 Well & Cases for Completion and Testing

First Helium Inc. Spuds 7-15 Exploration Well

New major risk - Shareholder dilution

First Helium Inc. Completes Drilling 7-30 Well & Cases for Completion and Testing

First Helium Spuds 7-30 Undeveloped Light Oil Well At Worsley

First Helium Inc. Secures Rig to Drill Two Wells Targeting Leduc Light Oil At Worsley

First Helium Licenses First of Two Wells Targeting Leduc Light Oil at Worsley

First Helium Confirms Plans for Sequential Drilling of Two Oil Targets

First Helium Reviewing Potential Follow Up Targets to Leduc Anomaly Drill

First Helium Inc. Initiates Process to License & Drill the Leduc Anomaly

First Helium Inc. announced that it has received CAD 3.64 million in funding

First Helium Inc. announced that it has received CAD 3.64 million in funding

First Helium Inc. announced that it expects to receive CAD 2.5 million in funding

First Helium Inc., Annual General Meeting, Dec 11, 2024

First Helium Inc. Identifies Significant New 3D Seismic Structure At Worsley Property

First Helium Inc. announced that it has received CAD 3.30865 million in funding

First Helium Inc. announced that it has received CAD 3.30865 million in funding

New minor risk - Share price stability

First Helium Inc. Prepares for Oil Target Drill Testing and Prioritizes Additional Drilling Targets

First Helium Inc. announced that it expects to receive CAD 2.5 million in funding

First Helium Inc., Annual General Meeting, Nov 28, 2023

New major risk - Market cap size

First Helium Inc. Provides an Update on Its Recently Completed 5,200 Acre Proprietary 3D Seismic Program over A Portion of Its Most Recently Acquired Lands At Worsley

President recently bought CA$625m worth of stock

First Helium Inc. Commences 3D Seismic Program At Worsley

First Helium Inc. announced that it has received CAD 2.4384 million in funding

First Helium Inc. announced that it expects to receive CAD 2 million in funding

First Helium Inc. announced that it expects to receive CAD 2 million in funding

First Helium Inc. Provides an Update on Operating Activities At Its Worsley Property

First Helium Inc., Annual General Meeting, Nov 02, 2022

First Helium Inc. Completes Drilling and Cases 14-23 Horizontal Well

First Helium Inc. Adds over 500,000 Barrels of Total Proved + Probable Light Oil Reserves At Worsley

First Helium Inc. Commences Drilling "14-23" Helium Target

First Helium Inc. Licenses Third Exploration Well at Worsley

First Helium Receives $1.2 Million for April Oil Production Deliveries

First Helium Inc. to Drill Two Helium Targets At Worsley

First Helium Inc. Announces "4-29" Well Brought On-Stream in April

First Helium Inc. Announces Successful Drilling, Completion and Testing of Its 4-29 Light Oil Discovery Well

First Helium Inc. Announces 1-30 Oil Well Production Update

First Helium Inc. Announces Commencement of Drilling At Its Second Exploration Well, 4-29 Target

First Helium Inc. Provides A Drilling Update

First Helium Inc. (TSXV:HELI) acquired Additional Strategic Production Infrastructure at Worsley.

First Helium Inc. Highlights Exclusive Option to Access over 880,000 Acres of Highly Prospective Southern Alberta Land

First Helium Inc. Completes Preliminary Engineering Study of the Infrastructure Requirements to Bring its Worsley Discovery Well into Production

First Helium Inc. Confirms 3 Drilling Locations Adjacent to its Helium Discovery Well for Fall Program

Shareholder Returns

Price Volatility

About the Company

First Helium Inc. Fundamentals Summary

n/a

n/a

Earnings & Revenue

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources