Hamelin Gold Limited (AU:HMG)
ASX:HMG
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Hamelin Gold Limited
(Sydney:HMG)
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Rating:53Neutral
Price Target:
AU$0.12
▲(95.00% Upside)
Action:ReiteratedDate:02/28/26
The score is primarily held back by weak financial performance (pre-revenue, widening losses, and ongoing cash burn), partially offset by a low-debt balance sheet. Technicals are a notable positive with strong price strength and positive MACD, but extremely overbought RSI/Stoch signals increase near-term volatility risk. Valuation remains constrained by negative earnings and no indicated dividend yield.
Positive Factors
Low leverage / conservative balance sheet
Effectively zero debt materially lowers insolvency and interest-rate exposure for an early-stage explorer. This durable low-leverage profile preserves optionality to pursue drilling or JV deals without immediate financing costs, supporting project continuity over coming months.
Negative Factors
Pre-revenue with widening losses
The company remains pre-revenue while annual losses expanded markedly to ~A$7.3M in 2025. This structural lack of operating income forces ongoing capital raises to sustain exploration, delaying any pathway to self-funded operations and increasing execution risk over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / conservative balance sheet
Effectively zero debt materially lowers insolvency and interest-rate exposure for an early-stage explorer. This durable low-leverage profile preserves optionality to pursue drilling or JV deals without immediate financing costs, supporting project continuity over coming months.
Read all positive factors
Hamelin Gold Limited (HMG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$25.78M
Dividend YieldN/A
Average Volume (3M)321.61K
Price to Earnings (P/E)―
Beta (1Y)1.43
Revenue GrowthN/A
EPS Growth-421.43%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding198,303,570
10 Day Avg. Volume338,602
30 Day Avg. Volume321,614
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.57
Price to Sales (P/S)0.00
P/FCF Ratio-16.30
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
Hamelin Gold Limited Business Overview & Revenue Model
Company Description
Hamelin Gold Limited operates as a mineral exploration company in the Western Tanami region of Western Australia. It holds 100% interest in the West Tanami project covering 2,277 square kilometers of gold province located in Western Australia. The...
How the Company Makes Money
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Hamelin Gold Limited Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
62
Positive
Cash Flow
28
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 5.08K | 0.00 | 0.00 |
| Gross Profit | -108.06K | -146.63K | -88.22K | -15.00K | 0.00 |
| EBITDA | -7.16M | -1.18M | -901.05K | -1.28M | 0.00 |
| Net Income | -7.27M | -1.33M | -994.35K | -1.30M | -7.92K |
Balance Sheet | |||||
| Total Assets | 19.34M | 23.75M | 24.93M | 21.58M | 21.32M |
| Cash, Cash Equivalents and Short-Term Investments | 4.94M | 4.96M | 7.75M | 7.16M | 9.19M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 66.88K |
| Total Liabilities | 458.38K | 489.13K | 442.30K | 903.84K | 182.73K |
| Stockholders Equity | 18.89M | 23.26M | 24.49M | 20.68M | 21.14M |
Cash Flow | |||||
| Free Cash Flow | -662.30K | -3.87M | -4.63M | -2.15M | 0.00 |
| Operating Cash Flow | -662.30K | -561.38K | -629.06K | -404.09K | 0.00 |
| Investing Cash Flow | -2.03M | -2.21M | -3.41M | -1.68M | 0.00 |
| Financing Cash Flow | 2.67M | -11.43K | 4.62M | 9.20M | 0.00 |
Hamelin Gold Limited Technical Analysis
Positive
0.06
Price Trends
0.11
Positive
0.09
Positive
0.08
Positive
Market Momentum
<0.01
Positive
53.20
Neutral
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HMG, the sentiment is Positive. The current price of 0.06 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.11, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.20 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:HMG.
Hamelin Gold Limited 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% | |
53 Neutral | AU$25.78M | -3.82 | -22.98% | ― | ― | -421.43% | |
51 Neutral | AU$13.01M | -5.71 | -125.80% | ― | ― | ― | |
46 Neutral | AU$28.57M | 29.28 | -1.78% | ― | ― | 1.38% | |
44 Neutral | AU$12.44M | -2.34 | -14.17% | ― | 12.08% | 46.51% | |
43 Neutral | AU$11.90M | 37.48 | -4.21% | ― | ― | -33.33% |
* Basic Materials Sector Average
AU:HMG
Hamelin Gold Limited
0.13
0.05
62.50%
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Hamelin Gold Limited Corporate Events
Hamelin Gold Issues Interim Financial Report for Half-Year to 31 December 2025
Mar 9, 2026
Hamelin Gold Limited has released its interim consolidated financial report for the half-year ended 31 December 2025, detailing profit or loss, financial position, cash flows and changes in equity. The inclusion of a directors’ report and in...
Hamelin Gold Denies Undisclosed News Behind Share Price Surge
Feb 23, 2026
Hamelin Gold Limited has responded to a price and volume query from the Australian Securities Exchange after its share price more than doubled and trading volumes surged over several days. The company stated it is not aware of any undisclosed info...
Hamelin Gold Director Justin Osborne Increases Shareholding
Feb 23, 2026
Hamelin Gold has reported a change in the interests of director Justin Osborne, following transactions conducted between 17 and 20 February 2026. Osborne, through indirect holdings, acquired 150,000 additional ordinary fully paid shares, while ret...
Hamelin Gold Discloses Change in Director Philip Crutchfield’s Shareholdings
Feb 20, 2026
Hamelin Gold Limited has reported a change in the interests of its securities held by director Philip Crutchfield, as disclosed in a formal notice to the ASX. The update reflects adjustments to both his direct and indirect holdings through various...
Hamelin Gold Defines High‑Grade Aurora Lode at Day Dawn Project
Feb 8, 2026
Hamelin Gold has identified a high‑grade gold structure, the Aurora Lode, at its Day Dawn Project in Western Australia’s Paterson Province following a detailed review and validation of historical drilling data. The lode sits about 10 k...
Hamelin Gold Ramps Up Multi-Province WA Exploration Ahead of 2026 Drilling Campaign
Jan 28, 2026
Hamelin Gold is advancing exploration across three key Western Australian gold provinces, with work during the December 2025 quarter centred on building drill targets and preparing follow-up programs at its Venus, West Tanami and Day Dawn projects...
Hamelin Gold Accelerates Exploration at Venus Project in Murchison Goldfield
Jan 26, 2026
Hamelin Gold has announced the commencement of a detailed airborne magnetic survey over the southern half of its Venus Gold Project in the Murchison gold district, alongside a second phase of geochemical soil sampling scheduled for completion in F...
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.
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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.