Helix Resources Limited (AU:HLX)
ASX:HLX
HLX Stock Chart & Stats
<AU$0.01
<AU$0.01(33.33%)
At close: 4:00 PM EST
<AU$0.01
<AU$0.01(33.33%)
Day’s Range― - ―
52-Week Range― - ―
Previous CloseN/A
Volume1.36M
Average Volume (3M)N/A
Market Cap
AU$5.35M
Enterprise ValueAU$4.76M
Total Cash (Recent Filing)AU$748.92K
Total Debt (Recent Filing)AU$164.77K
Price to Earnings (P/E)―
Beta2.91
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.00
Shares Outstanding5,346,290,500
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)0.40
Price to Sales (P/S)0.00
P/FCF Ratio-5.91
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
Bulls Say, Bears Say
Bulls Say
Low-leverage Balance SheetVery low debt (debt-to-equity ~1.1%) gives Helix durable financial flexibility to fund exploration or withstand commodity cycles without immediate insolvency risk. This reduces refinancing pressure and supports staged project funding and partnering options over the next 2-6 months.
Structured Joint-venture Earn-in DealsThe earn-in JV (20% for A$1m then +10% per A$1m to 40%) materially de-risks capital exposure while giving Helix upside to a ~300koz inferred resource. Phased funding and JV governance align incentives, enabling asset exposure without sole-funding large development costs.
Advanced Exploration Programs And Diversified PipelineUse of deep geophysics, 3D modelling and strong metallurgical results improves drill targeting and supports potential low-cost heap-leach processing. Combined with a recent A$2m raise and multiple project permits, this strengthens the technical pipeline and preserves optionality across copper and gold.
Bears Say
Zero Revenue And Persistent LossesThe company reported zero revenue and ongoing net losses, meaning core operations are not self-sustaining. Over a 2-6 month horizon this structural lack of operating income keeps Helix dependent on external funding and prevents organic profitability or reinvestment from operations.
Consistent Operating Cash BurnNegative operating and free cash flow (≈-A$1.35m in 2025) forces reliance on equity raises and JV funding. Ongoing cash burn risks dilution, constrains sustained exploration spending, and leaves project timelines contingent on successful capital raises or partner funding.
Counterparty And Project Encumbrance RiskRevised loan terms and new security over Gold Basin claims, plus a hostile bid environment at the JV partner, create ownership and encumbrance risk. Such counterparty instability can delay earn-in milestones, reduce asset optionality, and complicate project advancement.
Helix Resources Limited News
HLX FAQ
What was Helix Resources Limited’s price range in the past 12 months?
Currently, no data Available
What is Helix Resources Limited’s market cap?
Helix Resources Limited’s market cap is AU$5.35M.
When is Helix Resources Limited’s upcoming earnings report date?
Helix Resources Limited’s upcoming earnings report date is Sep 24, 2026 which is in 170 days.
How were Helix Resources Limited’s earnings last quarter?
Helix Resources Limited released its earnings results on Mar 13, 2026. The company reported AU$0 earnings per share for the quarter, the consensus estimate of N/A by AU$0.
Is Helix Resources Limited overvalued?
According to Wall Street analysts Helix Resources Limited’s price is currently Overvalued.
Does Helix Resources Limited pay dividends?
Helix Resources Limited does not currently pay dividends.
What is Helix Resources Limited’s EPS estimate?
Helix Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Helix Resources Limited have?
Helix Resources Limited has 5,346,290,500 shares outstanding.
What happened to Helix Resources Limited’s price movement after its last earnings report?
Helix Resources Limited reported an EPS of AU$0 in its last earnings report, expectations of N/A. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Helix Resources Limited?
Currently, no hedge funds are holding shares in AU:HLX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Helix Resources Limited Stock Smart Score
Neutral
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Fundamentals
Return on Equity
-3.47%
Trailing 12-Months
Asset Growth
1.88%
Trailing 12-Months
Company Description
Helix Resources Limited
Helix Resources Limited engages in the mineral exploration activities in Australia. It explores for copper, gold, iron ore, nickel, cobalt, and other base metals. Its principal projects include the Collerina, the Rochford, and the Meryula projects. Helix Resources Limited was incorporated in 1985 and is headquartered in Subiaco, Australia.
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Options Prices
Currently, No data available
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