Hawsons Iron Ltd (AU:HIO)
ASX:HIO
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Hawsons Iron Ltd
(Sydney:HIO)
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Rating:43Neutral
Price Target:
AU$0.02
▼(-20.00% Downside)
Action:ReiteratedDate:02/07/26
The score is driven down primarily by the lack of revenue, recurring losses, and persistent negative operating/free cash flow, which increase funding and execution risk. Technicals add further pressure as the stock trades below key moving averages with negative MACD. The main support comes from a strong balance sheet with very low leverage.
Positive Factors
Low leverage / strong balance sheet
Very low reported leverage meaningfully reduces solvency and interest-service risk, giving management flexibility to fund development without heavy debt. This structural financial strength lowers refinancing pressure and supports multi-quarter project advancement and strategic optionality.
Negative Factors
No revenue / recurring losses
The absence of revenue and persistent operating losses indicate the company is pre-revenue and unable to self-fund. Over a 2-6 month horizon this sustains high execution and funding risk, reduces earnings visibility, and elevates the probability of equity dilution or restructuring.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low reported leverage meaningfully reduces solvency and interest-service risk, giving management flexibility to fund development without heavy debt. This structural financial strength lowers refinancing pressure and supports multi-quarter project advancement and strategic optionality.
Read all positive factors
Hawsons Iron Ltd (HIO) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$18.83M
Dividend YieldN/A
Average Volume (3M)1.74M
Price to Earnings (P/E)―
Beta (1Y)1.13
Revenue GrowthN/A
EPS Growth48.72%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,255,067,100
10 Day Avg. Volume2,173,435
30 Day Avg. Volume1,736,718
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)0.31
Price to Sales (P/S)0.00
P/FCF Ratio-5.37
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
Hawsons Iron Ltd Business Overview & Revenue Model
Company Description
Hawsons Iron Limited engages in the mineral exploration activities in Australia. Its flagship project is the Hawsons iron project located in Broken Hill, New South Wales. The company was formerly known as Carpentaria Resources Limited and changed ...
How the Company Makes Money
Hawsons Iron Ltd makes money through the exploration, development, and future sale of iron ore resources. The company's primary revenue model revolves around extracting iron ore from its Hawsons Iron Project and selling it to steel manufacturers a...
Hawsons Iron Ltd Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
70
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -116.69K | -153.33K | -184.00K | -153.00K | -53.45K | -1.83K |
| EBITDA | -1.63M | -1.49M | -2.42M | 10.52M | -20.41M | -2.54M |
| Net Income | -1.73M | -2.04M | -3.64M | 10.36M | -20.47M | -2.54M |
Balance Sheet | ||||||
| Total Assets | 62.14M | 61.15M | 63.16M | 64.82M | 63.15M | 18.34M |
| Cash, Cash Equivalents and Short-Term Investments | 524.12K | 202.45K | 3.30M | 7.25M | 7.82M | 2.35M |
| Total Debt | 277.21K | 1.13M | 127.82K | 218.31K | 1.40M | 0.00 |
| Total Liabilities | 1.88M | 1.74M | 2.27M | 3.18M | 32.76M | 1.94M |
| Stockholders Equity | 60.26M | 59.42M | 60.89M | 61.64M | 30.38M | 16.40M |
Cash Flow | ||||||
| Free Cash Flow | -2.39M | -3.41M | -7.16M | -17.99M | -28.20M | -1.77M |
| Operating Cash Flow | -1.51M | -1.95M | -2.34M | -1.88M | -3.29M | -1.64M |
| Investing Cash Flow | -1.41M | -1.24M | -4.14M | -14.90M | -25.02M | -113.73K |
| Financing Cash Flow | 1.74M | 86.26K | 2.53M | 16.21M | 33.78M | 3.38M |
Hawsons Iron Ltd Technical Analysis
Positive
0.02
Price Trends
0.02
Positive
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Positive
52.21
Neutral
133.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HIO, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 52.21 is Neutral, neither overbought nor oversold. The STOCH value of 133.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:HIO.
Hawsons Iron Ltd 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% | |
48 Neutral | AU$136.00M | -4.90 | -10.28% | ― | ― | 11.11% | |
48 Neutral | AU$34.03M | -12.76 | -11.53% | ― | ― | 40.00% | |
47 Neutral | AU$9.06M | -6.22 | -6.75% | ― | ― | 16.67% | |
43 Neutral | AU$18.83M | -6.00 | -2.90% | ― | ― | 48.72% | |
42 Neutral | AU$20.80M | -8.12 | -35.07% | ― | ― | -7.14% |
* Basic Materials Sector Average
AU:HIO
Hawsons Iron Ltd
0.02
<0.01
7.14%
AU:GBE
Globe Metals & Mining Limited
0.15
0.12
417.86%
AU:AHN
Athena Resources Limited
―
―
―
AU:VRC
Volt Resources Ltd
0.01
0.00
0.00%
AU:ACP
Audalia Resources Limited
0.03
<0.01
25.00%
Hawsons Iron Ltd Corporate Events
Hawsons Raises Capital via $0.016 Placement to Sophisticated Investors
Feb 6, 2026
Hawsons Limited has issued 126.25 million fully paid ordinary shares at $0.016 each to sophisticated and professional investors under its placement capacity, bolstering its capital base without the need for a prospectus-style disclosure. The compa...
Hawsons Iron Seeks ASX Quotation for 126.25 Million New Shares
Feb 6, 2026
Hawsons Iron Ltd has applied to the ASX for quotation of 126,250,000 new fully paid ordinary shares under the code HIO, with an issue date of 6 February 2026. The substantial new share issuance, previously flagged via an Appendix 3B, will expand t...
Hawsons Iron Issues 138.9 Million Unquoted Options Expiring 2029
Feb 6, 2026
Hawsons Iron Ltd has notified the market of the issue of 138,875,000 unquoted options, each exercisable at $0.016 and expiring on 6 February 2029, under an earlier-announced transaction. The substantial grant of long-dated, unquoted options is exp...
Hawsons Iron Plans Major Share and Options Issue to Bolster Capital Base
Feb 1, 2026
Hawsons Iron Ltd has announced a proposed capital raising involving the issue of up to 137,500,000 new ordinary fully paid shares and a substantial package of unlisted options, including 137,500,000 options with an exercise price of $0.028 expirin...
Hawsons Iron Raises $2.2m to Advance Hawsons Iron Project Ahead of Final Feasibility Study
Feb 1, 2026
Hawsons Iron Limited has secured firm commitments to raise A$2.2 million through a discounted share placement at A$0.016 per share, with participants also receiving unlisted options, and notable support coming from an international cornerstone inv...
Hawsons Iron Confirms 2.3Bt Reserve and Robust PFS as Board Strengthened for Next Growth Phase
Jan 30, 2026
Hawsons Iron Limited has completed the Preliminary Feasibility Study (PFS) and declared a maiden JORC-compliant Probable Ore Reserve of 2.3 billion tonnes for its Hawsons Iron Project, underpinning a 26-year mine life based solely on reserves. The...
Hawsons Iron Halts Trading Ahead of Planned Major Capital Raising
Jan 29, 2026
Hawsons Iron Ltd has requested and been granted a trading halt on its securities by the ASX as it prepares a market announcement regarding a proposed material capital raising. The halt, effective from 29 January 2026, is intended to help the compa...
Hawsons Iron Refines Dry Grinding Tests, Confirms VRM Suitability for Magnetite Project
Jan 23, 2026
Hawsons Iron Ltd has issued a revised update on its dry grinding test work, clarifying that test results from German vendor Gebr Pfeiffer were based on diamond core from a single drill hole in one mineralised unit, while results from Loesche were ...
Hawsons Iron Confirms Vertical Roller Mills Suitability in Dry Grinding Tests
Jan 14, 2026
Hawsons Iron has reported that vendor test work has confirmed the suitability of Vertical Roller Mills for processing its magnetite ore, with detailed results indicating the material is moderately soft and exhibits very low hardness and abrasivene...
Hawsons Iron Ltd Advances with 2.3Bt Ore Reserve and PFS Completion
Dec 17, 2025
Hawsons Iron Ltd has declared a 2.3 billion tonne Probable Ore Reserve Estimate and completed a Pre-Feasibility Study (PFS) for its Hawsons Iron Project. The PFS outlines a robust development strategy to produce up to 12 million tonnes per annum o...
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.