DashboardPortfoliosWatchlistCommunityDiscoverScreener
NOT FOR DISTRIBUTION
Loading...
  • Stocks
  • /
  • Materials
Updated 1m ago
HEVI logo

Helium Evolution IncorporatedTSXV:HEVI Stock Report

Market Cap CA$70.9m
Updated 1m ago
Share Price
n/a
1Y7.1%
7D0%
1D4.7%
Portfolio Value
​
View

Helium Evolution Incorporated

TSXV:HEVI Stock Report

Market Cap: CA$70.9m

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Helium Evolution (HEVI) Stock Overview

Operates as a helium exploration and production company in southern Saskatchewan. More details

HEVI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 27.3% below our estimate of its fair value

Risk Analysis

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (CA$172K)

Does not have a meaningful market cap (CA$71M)


HEVI Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

NEW437,192 members

Join community and earn perks

Gain real feedbackFrom our editorial team, personally. Not silence.
Grow your followingReal investors. The kind who actually invest, not scroll past.
Unlock free accessFree premium subscription for consistent and quality authors.
Learn moreCreate Narrative
B
BlackGoat
R
RockeTeller
I
Investingwilly
D
davidlsander
437,192 investors already sharing narratives
CA$
Current Price
CA$0.23118.3k% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-5m172k2016201920222025202620282031Revenue CA$172.0kEarnings CA$16.2k
Advanced
View all narratives

Helium Evolution Incorporated Competitors

Charbone

Symbol: TSXV:CH
Market cap: CA$42.0m

NextSource Materials

Symbol: TSX:NEXT
Market cap: CA$66.3m

Blue Lagoon Resources

Symbol: CNSX:BLLG
Market cap: CA$119.4m

Scandium Canada

Symbol: TSXV:SCD
Market cap: CA$94.3m

Price History & Performance

Summary of share price highs, lows and changes for Helium Evolution
Historical stock prices
Current Share PriceCA$0.23
52 Week HighCA$0.35
52 Week LowCA$0.11
Beta0.85
1 Month Change9.76%
3 Month Change7.14%
1 Year Change7.14%
3 Year Change114.29%
5 Year Changen/a
Change since IPO-55.00%

Recent News & Updates

Analysis Article • May 12

Is Helium Evolution (CVE:HEVI) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Recent updates

Analysis Article • May 12

Is Helium Evolution (CVE:HEVI) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article • Jan 24

Does Helium Evolution (CVE:HEVI) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

HEVICA ChemicalsCA Market
7D0%0.2%-0.1%
1Y7.1%41.9%23.9%

Return vs Industry: HEVI underperformed the Canadian Chemicals industry which returned 41.9% over the past year.

Return vs Market: HEVI underperformed the Canadian Market which returned 23.9% over the past year.

Price Volatility

Is HEVI's price volatile compared to industry and market?
HEVI volatility
HEVI Average Weekly Movement10.0%
Chemicals Industry Average Movement9.0%
Market Average Movement9.4%
10% most volatile stocks in CA Market16.3%
10% least volatile stocks in CA Market3.7%

Stable Share Price: HEVI has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: HEVI's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aMalcolm Adamswww.heliumevolution.ca

Helium Evolution Incorporated operates as a helium exploration and production company in southern Saskatchewan. The company is based in Calgary, Canada.

Helium Evolution Incorporated Fundamentals Summary

How do Helium Evolution's earnings and revenue compare to its market cap?
HEVI fundamental statistics
Market capCA$70.92m
Earnings (TTM)-CA$4.01m
Revenue (TTM)CA$172.00k
431.5x
P/S Ratio
-18.5x
P/E Ratio

Is HEVI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HEVI income statement (TTM)
RevenueCA$172.00k
Cost of RevenueCA$174.00k
Gross Profit-CA$2.00k
Other ExpensesCA$4.01m
Earnings-CA$4.01m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.012
Gross Margin-1.16%
Net Profit Margin-2,330.81%
Debt/Equity Ratio0%

How did HEVI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 23:27
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 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 Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 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 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

Helium Evolution Incorporated is covered by 1 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.

AnalystInstitution
Stephane Guy FoucaudAuctus Advisors LLP

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide