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Havilah Resources Limited (AU:HAV)
ASX:HAV

Havilah Resources Limited (HAV) AI Stock Analysis

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AU

Havilah Resources Limited

(Sydney:HAV)

Rating:60Neutral
Price Target:
AU$0.00
▼(-100.00%Downside)
The overall score reflects moderate financial performance with strong equity and revenue growth, balanced by operational and cash flow challenges. Technical indicators suggest a stable but cautious outlook, while valuation is fair, lacking a dividend yield.

Havilah Resources Limited (HAV) vs. iShares MSCI Australia ETF (EWA)

Havilah Resources Limited Business Overview & Revenue Model

Company DescriptionHavilah 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 elements. Its flagship mineral project is the 100% owned Kalkaroo project located in northeastern South Australia. Havilah Resources Limited was founded in 1996 and is based in Kent Town, Australia.
How the Company Makes MoneyHavilah Resources Limited makes money primarily through the exploration and development of mineral resources, with the ultimate goal of bringing these resources to production. Revenue is generated through the sale of mined minerals such as copper, gold, and cobalt once commercial production is achieved. The company may also earn income through joint ventures, partnerships, or the sale of exploration rights and interests to other mining companies. Additionally, Havilah Resources may secure funding through equity financing, grants, and government incentives aimed at supporting mining exploration and development. These activities are critical in advancing projects from exploration stages to eventual production, thereby contributing to the company's earnings.

Havilah Resources Limited Financial Statement Overview

Summary
Havilah Resources Limited shows solid revenue growth and improved net income, but operational inefficiencies and negative free cash flow pose significant risks. The balance sheet is strong, characterized by high equity and low debt, but cash flow challenges need addressing.
Income Statement
65
Positive
The company shows a positive revenue growth of 8.7% over the last year, indicating a recovery from past declines. The net profit margin improved significantly to 63.3%, driven by a sharp increase in net income. However, EBIT margin remains negative, suggesting operational challenges. Despite positive EBITDA, the company faces ongoing profitability issues at the EBIT level, which tempers the overall income statement performance.
Balance Sheet
78
Positive
Havilah Resources Limited maintains a strong equity position with an equity ratio of 96.8%. The debt-to-equity ratio is low at 0.003, showcasing financial stability and low leverage risk. ROE improved to 10.7% due to higher net income, reflecting effective use of equity capital. The balance sheet is strong, with robust equity and low liabilities, indicating financial health.
Cash Flow
50
Neutral
The free cash flow turned negative this year, indicating cash outflows in investing activities. Despite a positive operating cash flow to net income ratio of 0.19, free cash flow to net income was negative, highlighting challenges in converting earnings into free cash. Improvements in operating cash flow are overshadowed by high capital expenditures, constraining cash flow performance.
Breakdown
TTMSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income StatementTotal Revenue
8.80K8.80K8.10K54.78K149.48K2.22K
Gross Profit
-105.64K8.80K8.10K54.78K53.84K123.21K
EBIT
-2.89M-2.21M-3.83M-2.63M-2.66M-3.76M
EBITDA
3.35M5.84M3.15M-2.80M-2.21M-4.24M
Net Income Common Stockholders
3.10M5.57M2.93M-2.93M-2.36M-4.73M
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.55M1.16M3.65M1.61M4.01M1.48M
Total Assets
41.09M53.62M47.95M44.20M44.69M40.83M
Total Debt
252.97K141.19K171.94K104.08K63.83K139.23K
Net Debt
-2.30M-1.02M-3.48M-1.51M-3.94M-1.34M
Total Liabilities
3.28M1.70M1.71M1.19M1.58M1.67M
Stockholders Equity
37.82M51.92M46.24M43.01M43.10M39.16M
Cash FlowFree Cash Flow
644.46K-2.38M2.07M-5.21M-3.32M-4.78M
Operating Cash Flow
653.40K1.05M3.89M-2.80M-1.53M-3.69M
Investing Cash Flow
-5.13M-3.51M-1.80M-2.02M-1.79M-1.09M
Financing Cash Flow
3.97M-30.75K-48.89K2.42M5.85M2.44M

Havilah Resources Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.19
Price Trends
50DMA
0.18
Positive
100DMA
0.19
Negative
200DMA
0.20
Negative
Market Momentum
MACD
<0.01
Negative
RSI
58.56
Neutral
STOCH
83.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HAV, the sentiment is Positive. The current price of 0.19 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.18, and below the 200-day MA of 0.20, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.56 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:HAV.

Havilah Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUHAV
60
Neutral
AU$64.46M19.006.01%8.70%11.11%
51
Neutral
$2.02B-1.19-21.37%3.64%2.88%-30.57%
$21.17M-20.67%
AUGML
56
Neutral
AU$12.67M4.928.76%
AUGWR
47
Neutral
AU$29.77M1.4717.20%
AUAR1
39
Underperform
AU$84.35M
-25.56%-339.66%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:HAV
Havilah Resources Limited
0.19
0.01
5.56%
TLSMF
Talisman Mining Limited
0.10
0.00
0.00%
AU:GML
Gateway Mining Limited
0.03
0.00
0.00%
AU:GWR
GWR Group Limited
0.09
0.00
0.00%
AU:AR1
Austral Resources Australia Limited
0.16
0.00
0.00%

Havilah Resources Limited Corporate Events

Havilah Resources Advances Key Projects Amid Rising Commodity Prices
May 30, 2025

Havilah Resources Limited has reported significant progress in its key projects for the quarter ending April 2025. The company is advancing strategic funding discussions for the Kalkaroo project and is negotiating with JX Advanced Metals Corporation for the Mutooroo project. Havilah is also focusing on regional exploration and aims to monetize its assets by engaging with potential partners. The company’s exposure to rising gold and copper prices positions it well for future growth.

Havilah Resources Initiates Follow-Up Drilling at Johnson Dam Prospect
May 28, 2025

Havilah Resources Limited has commenced a second round of reverse circulation drilling at the Johnson Dam prospect, located near the Kalkaroo copper-gold-cobalt deposit. This initiative aims to explore and potentially extend the hard rock uranium and multi-metal discovery made in 2023. The drilling targets a linear aeromagnetic high and an associated airborne radiometric uranium anomaly, which suggests the presence of a mineralized and altered fault zone. The exploration could have significant implications for Havilah’s operations, potentially enhancing its resource base and market positioning in the mining sector.

Havilah Resources Reports Positive Mutooroo Study Results
May 21, 2025

Havilah Resources Limited has reported positive results from its Mutooroo study program, which was funded by JX Advanced Metals Corporation. The study included a 7,511 metre drilling program that extended sulphide mineralisation beyond current resource limits and confirmed previous intersections. Metallurgical testwork showed high copper recoveries and the production of high-grade concentrates, aligning with JXAM’s requirements. The results have led to discussions with JXAM about a potential pre-feasibility study and equity interest in the project, indicating significant potential for resource expansion and future mining operations.

Havilah Resources Releases Interim Financial Report Highlighting Exploration Activities
Apr 11, 2025

Havilah Resources Limited has released its interim financial report for the half-year ending January 31, 2025. The report outlines the company’s financial position and performance, highlighting ongoing exploration activities, including diamond drilling at the Mutooroo copper-cobalt-gold project. This activity is aimed at obtaining drill core samples for metallurgical testing, which is crucial for advancing the project. The report also acknowledges the inherent risks and uncertainties in exploration, emphasizing the speculative nature of their operations and the potential impact on stakeholders.

Havilah Resources Unveils Promising Depth Extensions at Mutooroo Project
Apr 4, 2025

Havilah Resources Limited announced the results of a Downhole Electromagnetic (DHEM) survey at their Mutooroo copper-cobalt-gold project, revealing significant depth extensions of massive sulphide mineralisation. The survey indicates that the mineralisation extends at least 200 meters below previous drill holes, which could enhance the project’s potential and impact future pre-feasibility studies. The company is in discussions with JX Advanced Metals Corporation regarding funding for further project development, highlighting the strategic importance of these findings for stakeholders.

Havilah Resources Updates Kalkaroo Ore Reserve Calculation
Mar 26, 2025

Havilah Resources Limited has clarified its copper equivalent (CuEq) calculation for the Kalkaroo Ore Reserve, adjusting it to 0.83% from the previously stated 0.74% due to updated copper and gold prices. This adjustment reflects the increased relative value of gold in the deposit, enhancing the project’s potential value and transparency for stakeholders.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.