How does HLGV.F's PB Ratio compare to its peers?

HLGV.F is expensive based on its Price-To-Book Ratio (2.2x) compared to the peer average (1.9x).

How does HLGV.F's PB Ratio compare vs other companies in the US Metals and Mining Industry?

HLGV.F is expensive based on its Price-To-Book Ratio (2.2x) compared to the US Metals and Mining industry average (1.6x).

What is HLGV.F'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 HLGV.F's Price-To-Book Fair Ratio for valuation analysis.

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

HLGV.F ($0.06) is trading below our estimate of [[fair value]] ($0.9)

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.

HLGV.F Stock Overview

Operates as a mining company in Australia. More details

HLGV.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	6/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 93.8% below our estimate of its fair value

Earnings are forecast to grow 49.43% per year

Risk Analysis

Shares are highly illiquid

Makes less than USD$1m in revenue (A$0)

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Hillgrove Resources Limited Competitors

Keweenaw Land Association

OTCPK:KEWL

US$39.4m

U.S. Gold

NasdaqCM:USAU

US$83.1m

Augusta Gold

OTCPK:AUGG

US$73.0m

Premium Resources

OTCPK:PRML.F

US$61.3m

Price History & Performance

Summary of share price highs, lows and changes for Hillgrove Resources
Historical stock prices
Current Share Price	AU$0.056
52 Week High	AU$0.056
52 Week Low	AU$0.056
Beta	1.44
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-81.94%

Recent updates

Shareholder Returns

	HLGV.F	US Metals and Mining	US Market
7D	0%	0.06%	0.6%
1Y	n/a	-4.1%	23.8%

Return vs Industry: Insufficient data to determine how HLGV.F performed against the US Metals and Mining industry.

Return vs Market: Insufficient data to determine how HLGV.F performed against the US Market.

Price Volatility

Is HLGV.F's price volatile compared to industry and market?
HLGV.F volatility
HLGV.F Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	7.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: HLGV.F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine HLGV.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1952	n/a	Bob Fulker	www.hillgroveresources.com.au

Hillgrove Resources Limited operates as a mining company in Australia. It explores for copper, gold, and silver deposits. The company’s flagship project is Kanmantoo Copper mine located approximately 55 kilometres from Adelaide, South Australia.

Hillgrove Resources Limited Fundamentals Summary

How do Hillgrove Resources's earnings and revenue compare to its market cap?
HLGV.F fundamental statistics
Market cap	US$80.59m
Earnings (TTM)	-US$11.02m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-7.3x

P/E Ratio

Is HLGV.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HLGV.F income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$11.24m
Gross Profit	-AU$11.24m
Other Expenses	AU$5.09m
Earnings	-AU$16.33m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0078
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did HLGV.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/08/20 10:52
End of Day Share Price	2024/05/24 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

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.

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 here.

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 .

Analyst Sources

Hillgrove Resources Limited is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Timothy Hoff	Canaccord Genuity
David Thompson	CLSA
Warren Edney	EL&C Baillieu

Hillgrove Resources OTCPK:HLGV.F Stock Report