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Hawsons Iron Ltd (AU:HIO)
ASX:HIO
Australian Market

Hawsons Iron Ltd (HIO) AI Stock Analysis

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AU:HIO

Hawsons Iron Ltd

(Sydney:HIO)

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Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
AU$0.02
▲(20.00% Upside)
The score is primarily constrained by weak operating fundamentals—no sustained revenue/earnings visibility and ongoing negative operating/free cash flow—despite a clear balance-sheet strength from minimal debt and substantial equity. Technical signals are weak-to-neutral (negative MACD and low RSI), and valuation inputs are not supportive given the negative P/E and lack of dividend data.
Positive Factors
Ore Reserve and PFS Completion
The completion of the PFS and a significant ore reserve estimate provide a strong foundation for future development, enhancing the project's viability and aligning with global demand for sustainable steel production.
Leadership Enhancement
Strengthening the leadership team with experienced directors can improve strategic decision-making and project execution, potentially enhancing the company's market position and stakeholder confidence.
Research on Iron Tailings
The research indicates potential for enhanced resource efficiency and new revenue streams, which could improve operational sustainability and financial performance over the long term.
Negative Factors
Negative Cash Flow
Persistent negative cash flow indicates reliance on external funding, which can limit financial flexibility and pose risks to long-term sustainability if not addressed.
Lack of Revenue
The absence of revenue highlights the early-stage nature of the business, posing challenges in achieving profitability and requiring effective project development to generate future income.
Volatile Profitability
Volatile profitability reflects operational uncertainties and the need for consistent project execution to stabilize earnings and support long-term growth.

Hawsons Iron Ltd (HIO) vs. iShares MSCI Australia ETF (EWA)

Hawsons Iron Ltd Business Overview & Revenue Model

Company DescriptionHawsons 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 its name to Hawsons Iron Limited in August 2021. Hawsons Iron Limited was incorporated in 2000 and is based in Brisbane, Australia.
How the Company Makes MoneyHawsons 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 and other industrial clients worldwide. The company aims to capitalize on the demand for high-quality iron ore, which is essential for efficient steel production. Key revenue streams are expected to include the direct sale of iron ore and potential off-take agreements with steel producers. The project's success is influenced by factors such as iron ore market prices, mining operation efficiency, and strategic partnerships with industry stakeholders, which could include joint ventures or infrastructure-sharing agreements to optimize logistics and reduce costs.

Hawsons Iron Ltd Financial Statement Overview

Summary
Hawsons Iron Ltd faces significant financial challenges with consistent losses and no revenue generation. While the balance sheet shows stability with low debt levels, the lack of positive cash flow and profitability raises concerns about the company's operational sustainability.
Income Statement
Hawsons Iron Ltd has reported no revenue over the past several years, indicating limited operational activity. The company consistently reports negative net income, with a notable increase in losses in the latest year. This reflects ongoing operational challenges and lack of profitability.
Balance Sheet
The company maintains a strong equity position with a high equity ratio, indicating financial stability. However, the total debt is minimal, and the debt-to-equity ratio is low, suggesting low leverage. The equity base is primarily supported by shareholder investments rather than operating profits.
Cash Flow
Hawsons Iron Ltd has consistently negative free cash flow, indicating a reliance on external financing to sustain operations. Operating cash flow remains negative, signaling challenges in generating cash from core activities. However, the company has managed financing activities to mitigate cash outflow pressures.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-153.33K-153.33K-184.00K-153.00K-53.45K-1.83K
EBITDA-1.49M-1.49M-2.42M10.52M-20.41M-2.54M
Net Income-2.04M-2.04M-3.64M10.36M-20.47M-2.54M
Balance Sheet
Total Assets61.15M61.15M63.16M64.82M63.15M18.34M
Cash, Cash Equivalents and Short-Term Investments202.45K202.45K3.30M7.25M7.82M2.35M
Total Debt1.13M1.13M127.82K218.31K1.40M0.00
Total Liabilities1.74M1.74M2.27M3.18M32.76M1.94M
Stockholders Equity59.42M59.42M60.89M61.64M30.38M16.40M
Cash Flow
Free Cash Flow-3.41M-3.41M-7.16M-17.99M-28.20M-1.77M
Operating Cash Flow-1.95M-1.95M-2.34M-1.88M-3.29M-1.64M
Investing Cash Flow-1.24M-1.24M-4.14M-14.90M-25.02M-113.73K
Financing Cash Flow86.26K86.26K2.53M16.21M33.78M3.38M

Hawsons Iron Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
37.81
Neutral
STOCH
-30.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HIO, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.81 is Neutral, neither overbought nor oversold. The STOCH value of -30.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HIO.

Hawsons Iron Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
48
Neutral
AU$51.53M-16.67-12.53%40.00%
47
Neutral
AU$13.60M-5.71%16.67%
46
Neutral
AU$23.71M-10.50-3.39%48.72%
45
Neutral
AU$44.08M-9.79-10.78%11.11%
41
Neutral
AU$20.80M-16.67-43.49%-7.14%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:HIO
Hawsons Iron Ltd
0.02
<0.01
23.53%
AU:GBE
Globe Metals & Mining Limited
0.05
<0.01
14.63%
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
19.05%

Hawsons Iron Ltd Corporate Events

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 of high-grade magnetite concentrate over a 26-year mine life. The study indicates positive technical and financial outcomes, supporting the project’s economic viability in the current iron price environment. This milestone allows Hawsons to advance towards a full Feasibility Study, with plans to optimize project aspects and address identified risks, potentially enhancing the project’s metrics and aligning with international demand for sustainable steel production.

Hawsons Iron Announces Director Change
Nov 30, 2025

Hawsons Iron Limited announced the cessation of Anthony McGrady as a director effective December 1, 2025. The notice details McGrady’s interests in the company’s securities, including ordinary shares and options. This change in directorship may impact the company’s governance and strategic direction, potentially influencing stakeholder confidence and market perception.

Hawsons Iron Ltd Appoints New Director to Enhance Leadership
Nov 30, 2025

Hawsons Iron Ltd has announced the appointment of Meredith Campion as a director, effective December 1, 2025. This appointment is part of the company’s strategic efforts to strengthen its leadership team, although the director currently holds no securities or interests in contracts with the company.

Hawsons Iron Limited Appoints New Director, Tom Revy
Nov 25, 2025

Hawsons Iron Limited announced the appointment of Tom Revy as a director, effective November 25, 2025. Revy holds 6,000,000 unlisted options and 1,288,235 ordinary shares through the Revcorp Super Fund. This appointment is expected to strengthen the company’s leadership as it continues to develop its iron ore projects, potentially enhancing its market position and stakeholder value.

Hawsons Iron Ltd Secures Shareholder Support at 2025 AGM
Nov 25, 2025

Hawsons Iron Ltd announced that all resolutions at its 2025 Annual General Meeting were passed with significant support from shareholders. The resolutions included the adoption of the remuneration report, re-election of a director, and ratification of share placements, indicating strong shareholder confidence in the company’s strategic direction and governance.

Hawsons Iron Ltd Announces Board Changes to Advance Project Development
Nov 25, 2025

Hawsons Iron Ltd announced changes to its Board of Directors, effective December 1, 2025, as part of its strategy to advance the Hawsons Iron Project. Tony McGrady will retire as Non-Executive Director but will continue to advise the company on government and community matters. Meredith Campion, with extensive legal and corporate experience in the resources sector, will join as a Non-Executive Director, bringing valuable skills for the project’s development. Additionally, CEO Tom Revy will be appointed as Managing Director, maintaining his current terms of engagement.

Hawsons Iron Ltd Completes Phase 1 of CSIRO Research on Iron Tailings
Nov 4, 2025

Hawsons Iron Ltd announced the completion of the first phase of a collaborative research project with CSIRO, aimed at understanding the mineralogy of non-magnetic iron tailings. The results revealed that the tailings are primarily composed of hematite and quartz, with low levels of magnetite, indicating high recovery rates in earlier processing stages. The presence of phosphorus as discrete minerals suggests potential for simplified removal, paving the way for further exploration into economically recovering hematite from the tailings stream. This development could significantly impact Hawsons’ operations by enhancing resource efficiency and potentially offering new revenue streams.

Hawsons Iron Ltd Advances Feasibility Studies and Research Initiatives
Oct 31, 2025

Hawsons Iron Ltd has made significant progress in its Preliminary Feasibility Study (PFS) for the Hawsons Iron Project, with key engineering and metallurgical test work underway. The company has also completed a share purchase plan and placement, raising $1.9 million. Additionally, a collaborative research project with CSIRO has shown promising results in identifying the potential for economic recovery of hematite from tailings, which could enhance the project’s economic viability and sustainability. These developments position Hawsons to potentially release further economic insights and strengthen its market position.

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.Date of analysis: Dec 30, 2025