Havilah Resources Limited (HAV) AI Stock Analysis

• Market Cap: AU$64.46M
• Dividend Yield: N/A
• Average Volume (3M): 244.39K
• Price to Earnings (P/E): 19.0
• Beta (1Y): 1.11
• Revenue Growth: 8.70%
• EPS Growth: 11.11%
• Country: AU
• Employees: 23
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 339,256,300
• 10 Day Avg. Volume: 470,629
• 30 Day Avg. Volume: 244,393
• PEG Ratio: -0.45
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 94.76
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Havilah Resources Limited has a mixed financial performance with strong revenue growth but faces operational challenges and negative free cash flow. Technical indicators suggest a neutral trend, while its valuation appears reasonable. The stock score reflects these balanced factors.

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 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 Money

Havilah Resources Limited generates revenue primarily through the exploration and development of mineral resources, which are subsequently sold in the global commodities market. The company focuses on identifying and advancing mineral projects that have the potential to be economically extracted and produced. Income is derived from the sale of these minerals, such as copper and gold, once they are extracted and processed. Additionally, Havilah may form strategic partnerships or joint ventures with other mining companies to co-develop certain projects, which can provide further financial and operational support. The company's revenue is heavily influenced by market demand and commodity prices, as well as its ability to efficiently manage exploration and development costs.

Havilah Resources Limited Financial Statement Overview

Summary

Havilah Resources Limited demonstrates strong revenue growth and net income improvements. However, operational inefficiencies and negative free cash flow present risks. While the balance sheet is robust with strong equity and low debt, cash flow challenges need addressing for sustainable growth.

Income Statement

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

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

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	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	8.80K	8.10K	54.78K	149.48K	2.22K
Gross Profit	8.80K	8.10K	54.78K	53.84K	123.21K
EBITDA	5.84M	3.15M	-2.80M	-2.21M	-4.26M
Net Income	5.57M	2.93M	-2.93M	-2.36M	-4.73M
Balance Sheet
Total Assets	53.62M	47.95M	44.20M	44.69M	40.83M
Cash, Cash Equivalents and Short-Term Investments	1.16M	3.65M	1.61M	4.01M	1.48M
Total Debt	141.19K	171.94K	104.08K	63.83K	139.23K
Total Liabilities	1.70M	1.71M	1.19M	1.58M	1.67M
Stockholders Equity	51.92M	46.24M	43.01M	43.10M	39.16M
Cash Flow
Free Cash Flow	-2.38M	2.07M	-5.21M	-3.32M	-4.78M
Operating Cash Flow	1.05M	3.89M	-2.80M	-1.53M	-3.69M
Investing Cash Flow	-3.51M	-1.80M	-2.02M	-1.79M	-1.09M
Financing Cash Flow	-30.75K	-48.89K	2.42M	5.85M	2.44M

Havilah Resources Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.19
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 0.18, 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 58.45 is Neutral, neither overbought nor oversold. The STOCH value of 73.33 is Neutral, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HAV	64 Neutral	AU$64.46M	19.00	6.01%	―	8.70%	11.11%
Sector *	44 Neutral	AU$1.51B	-6.22	-41.37%	3.85%	-3.52%	-43.04%
KB2	―	€33.14M	―	-22.60%	―	―	―
TSORF	―	$41.01M	―	-4.61%	―	―	―
AS1	―	AU$59.46M	21.60	-3.01%	―	―	―
FXG	39 Underperform	AU$76.80M	―	-11.91%	―	―	9.01%
VTX	38 Underperform	AU$42.36M	―	-15.33%	―	-46.05%	14.21%

Havilah Resources Limited Corporate Events

Havilah Resources Advances Exploration at Key South Australian Prospects

Havilah Resources Limited has completed a successful drilling campaign at the Johnson Dam prospect, targeting uranium and multi-metal deposits. The company has now shifted its drilling operations to the Mingary Mine prospect to explore further copper-gold mineralization, potentially extending known mineralized zones.

Havilah Resources Advances Key Projects Amid Rising Commodity Prices

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

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

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.