Havilah Resources Limited (AU:HAV)
ASX:HAV
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Havilah Resources Limited
(Sydney:HAV)
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Rating:54Neutral
Price Target:
AU$0.57
▼(-4.83% Downside)
Action:ReiteratedDate:01/14/26
The score is held back mainly by weak financial performance (minimal revenues, operating losses, and mostly negative free cash flow despite a strong low-debt balance sheet). Technicals are a meaningful offset with a clear uptrend and positive momentum, while valuation is pressured by loss-making results and no dividend yield data.
Positive Factors
Low leverage / strong balance sheet
Extremely low debt and stable or rising equity/assets provide durable financial flexibility for a junior explorer. This reduces bankruptcy risk, supports continued exploration spending or project advancement without immediate refinancing, and preserves optionality through cycles.
Negative Factors
Minimal and volatile revenues
An immaterial, highly volatile revenue base undermines earnings durability and makes budgeting and project financing harder. Without predictable operating revenue, the company depends on asset transactions or capital markets to fund development, increasing execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Extremely low debt and stable or rising equity/assets provide durable financial flexibility for a junior explorer. This reduces bankruptcy risk, supports continued exploration spending or project advancement without immediate refinancing, and preserves optionality through cycles.
Read all positive factors
Havilah Resources Limited (HAV) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$194.66M
Dividend YieldN/A
Average Volume (3M)280.54K
Price to Earnings (P/E)―
Beta (1Y)0.85
Revenue Growth-100.00%
EPS Growth-155.68%
CountryAU
Employees23
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding353,922,400
10 Day Avg. Volume285,886
30 Day Avg. Volume280,540
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)1.16
Price to Sales (P/S)0.00
P/FCF Ratio-13.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Havilah Resources Limited Business Overview & Revenue Model
Company Description
Havilah Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral resource properties in Australia. The company explores for copper, gold, cobalt, uranium, and iron ore deposits, as well as rare earth ...
How the Company Makes Money
null...
Havilah Resources Limited Financial Statement Overview
Summary
Income Statement
23
Negative
Balance Sheet
74
Positive
Cash Flow
38
Negative
| Breakdown | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 8.80K | 8.10K | 54.78K | 149.48K |
| Gross Profit | -227.32K | 8.80K | 8.10K | 54.78K | 53.84K |
| EBITDA | -3.04M | 5.84M | 3.15M | -2.80M | -2.21M |
| Net Income | -3.28M | 5.57M | 2.93M | -2.93M | -2.36M |
Balance Sheet | |||||
| Total Assets | 55.32M | 53.62M | 47.95M | 44.20M | 44.69M |
| Cash, Cash Equivalents and Short-Term Investments | 541.33K | 1.16M | 3.65M | 1.61M | 4.01M |
| Total Debt | 109.02K | 141.19K | 171.94K | 104.08K | 63.83K |
| Total Liabilities | 1.77M | 1.70M | 1.71M | 1.19M | 1.58M |
| Stockholders Equity | 53.55M | 51.92M | 46.24M | 43.01M | 43.10M |
Cash Flow | |||||
| Free Cash Flow | -4.78M | -2.38M | 2.07M | -5.21M | -3.32M |
| Operating Cash Flow | 671.05K | 1.05M | 3.89M | -2.80M | -1.53M |
| Investing Cash Flow | -5.26M | -3.51M | -1.80M | -2.02M | -1.79M |
| Financing Cash Flow | 3.97M | -30.75K | -48.89K | 2.42M | 5.85M |
Havilah Resources Limited Technical Analysis
Negative
0.60
Price Trends
0.63
Negative
0.56
Negative
0.38
Positive
Market Momentum
-0.02
Positive
37.49
Neutral
43.48
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HAV, the sentiment is Negative. The current price of 0.6 is below the 20-day moving average (MA) of 0.60, below the 50-day MA of 0.63, and above the 200-day MA of 0.38, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 37.49 is Neutral, neither overbought nor oversold. The STOCH value of 43.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HAV.
Havilah Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$194.66M | -18.91 | -6.02% | ― | -100.00% | -155.68% | |
49 Neutral | AU$153.84M | -20.64 | -6.79% | ― | ― | 19.94% | |
47 Neutral | AU$82.55M | -1.12 | -142.42% | ― | ― | ― | |
45 Neutral | AU$168.65M | -26.94 | -3.39% | ― | ― | ― | |
42 Neutral | AU$125.48M | -17.75 | -10.71% | ― | ― | -12.00% | |
42 Neutral | AU$42.99M | -2.60 | -50.09% | ― | 307.85% | -133.82% |
* Basic Materials Sector Average
AU:HAV
Havilah Resources Limited
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Felix Gold Ltd.
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Vertex Minerals Ltd.
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-44.44%
Havilah Resources Limited Corporate Events
Havilah Expands Stratabound Copper Footprint at Birksgate Prospect
Mar 13, 2026
Havilah Resources has reported assay results from an 11-hole, 2,240-metre reverse circulation drilling program at its Birksgate prospect, about 50 km north-northwest of the Kalkaroo copper-gold deposit in northeastern South Australia. The program ...
Havilah Secures Sandfire Deal and Cash Injection as Copper and Gold Hit Record Highs
Feb 26, 2026
Havilah Resources reported that during the quarter to 31 January 2026 it concentrated on advancing the Kalkaroo copper-gold project, preparing shareholder approvals and definitive agreements for a major transaction with Sandfire Resources, while f...
Havilah Banks $46.5m and Sandfire Shares to Fast-Track Kalkaroo Exploration
Feb 23, 2026
Havilah Resources has received a Stage 1 consideration from Sandfire Resources comprising $31.5 million in cash and 4,640,833 Sandfire shares, under definitive transaction agreements signed earlier in February 2026. The company has also secured th...
Sandfire Secures Path to 80% Stake in Havilah’s Kalkaroo Copper‑Gold Project
Feb 6, 2026
Sandfire Resources and Havilah Resources have executed definitive transaction agreements following Havilah shareholder approval, giving Sandfire an exclusive right to earn an 80% interest in the Kalkaroo copper‑gold project for effective upf...
Havilah Shareholders Overwhelmingly Back Kalkaroo Transaction at General Meeting
Feb 6, 2026
Havilah Resources Limited announced that shareholders have approved, by an overwhelming majority, a key resolution at its General Meeting held on 6 February 2026. The ordinary resolution to approve the proposed transaction for the Kalkaroo Project...
Havilah Resources Seeks ASX Quotation for 2.05 Million Incentive Shares
Jan 27, 2026
Havilah Resources Limited has applied to the ASX for quotation of 2,054,999 fully paid ordinary shares, issued under an employee incentive scheme whose transfer restrictions have ceased or are about to cease. The additional quoted securities, effe...
Havilah Seeks Shareholder Backing for Sandfire Farm-In to Kalkaroo Project
Jan 4, 2026
Havilah Resources has called a general meeting on 6 February 2026 for shareholders to vote on a proposed transaction under which Sandfire Resources would acquire an 80% interest in Havilah’s Kalkaroo copper-gold-cobalt project via a two-stag...
Havilah Calls 2026 Shareholder Vote on Proposed Kalkaroo Project Deal
Jan 4, 2026
Havilah Resources has called a general meeting of shareholders for 6 February 2026 in Adelaide to seek approval for a proposed transaction relating to its Kalkaroo copper-gold project. The notice outlines a single key resolution to approve the Kal...
Sandfire and Havilah Extend Timetable as Kalkaroo Copper-Gold Deal Nears Finalisation
Dec 30, 2025
Sandfire Resources and Havilah Resources report strong progress in finalising definitive agreements for Sandfire’s proposed earn-in of up to an 80% interest in the Kalkaroo Copper-Gold Project and the formation of a regional exploration alli...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.