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Heavy Minerals Ltd (AU:HVY)
ASX:HVY
Australian Market
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Heavy Minerals Ltd (HVY) AI Stock Analysis

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AU:HVY

Heavy Minerals Ltd

(Sydney:HVY)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
AU$0.43
▼(-15.00% Downside)
Action:Reiterated
Date:02/25/26
The score is primarily driven by weak financial performance (sharp revenue contraction, losses, and negative operating/free cash flow). Technicals add pressure with the stock trading below key short- and mid-term moving averages and negative MACD. Valuation is not supportive because earnings are negative and dividend data is unavailable.
Positive Factors
Moderate Leverage
A debt-to-equity ratio near 1.0 signals balanced leverage versus equity, affording the company relative financial flexibility. That capital structure can support operations and restructuring without extreme interest burden, which matters when restoring profitability and navigating multi-quarter turnarounds.
Negative Factors
Sharp Revenue Decline
A 53.6% drop in revenue is a material structural setback that reduces scale and weakens pricing and negotiating power. Severe top-line contraction impairs fixed-cost absorption, lengthens the path to profitable operations, and constrains investment in recovery or growth initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate Leverage
A debt-to-equity ratio near 1.0 signals balanced leverage versus equity, affording the company relative financial flexibility. That capital structure can support operations and restructuring without extreme interest burden, which matters when restoring profitability and navigating multi-quarter turnarounds.
Read all positive factors

Heavy Minerals Ltd (HVY) vs. iShares MSCI Australia ETF (EWA)

Heavy Minerals Ltd Business Overview & Revenue Model

Company Description
Heavy Minerals Limited, established in 2021 and based in Perth, Australia, specializes in the exploration and development of mineral resource projects. Their operations span both Western Australia and Mozambique, focusing on unearthing deposits of...
How the Company Makes Money
null...

Heavy Minerals Ltd Financial Statement Overview

Summary
Weak fundamentals: steep revenue decline (-53.6%), ongoing losses (negative net and EBIT margins), and negative return on equity. Leverage is relatively balanced (debt-to-equity ~1.0), but negative operating and free cash flow indicate financial strain.
Income Statement
25
Negative
Balance Sheet
30
Negative
Cash Flow
20
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue21.60K44.13K40.17K27.34K8.80K0.00
Gross Profit-14.44K44.13K40.17K7.23K6.76K-93.00
EBITDA-1.58M-1.45M-1.05M-1.15M-1.05M-2.42M
Net Income-1.65M-1.48M-1.15M-1.17M-1.05M-2.44M
Balance Sheet
Total Assets5.90M5.31M4.40M3.54M4.47M314.88K
Cash, Cash Equivalents and Short-Term Investments38.37K33.17K47.48K319.90K2.41M34.87K
Total Debt2.83M2.36M853.39K0.000.00215.78K
Total Liabilities3.53M2.97M1.19M76.03K129.07K553.89K
Stockholders Equity2.41M2.37M3.26M3.51M4.39M-195.52K
Cash Flow
Free Cash Flow-1.13M-1.71M-1.38M-2.09M-2.76M-212.19K
Operating Cash Flow-567.05K-721.70K-616.66K-866.26K-1.36M-210.19K
Investing Cash Flow-979.78K-991.53K-766.12K279.28K-2.90M-2.00K
Financing Cash Flow1.54M1.70M1.11M-4.75K5.14M244.71K

Heavy Minerals Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.50
Price Trends
50DMA
0.47
Negative
100DMA
0.48
Negative
200DMA
0.49
Negative
Market Momentum
MACD
-0.01
Negative
RSI
47.50
Neutral
STOCH
85.71
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HVY, the sentiment is Negative. The current price of 0.5 is above the 20-day moving average (MA) of 0.43, above the 50-day MA of 0.47, and above the 200-day MA of 0.49, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 47.50 is Neutral, neither overbought nor oversold. The STOCH value of 85.71 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HVY.

Heavy Minerals 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%
51
Neutral
AU$13.04M-13.74-26.29%76.73%
46
Neutral
AU$18.99M-1.64-10.16%78.00%
46
Neutral
AU$18.76M-15.24-4.78%16.67%
43
Neutral
AU$33.38M-17.96-69.05%-46.99%
43
Neutral
AU$29.77M-7.78-17.07%27.87%
41
Neutral
AU$26.76M-0.35-158.13%-777.65%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:HVY
Heavy Minerals Ltd
0.44
0.12
37.50%
AU:SFX
Sheffield Resources Limited
0.05
-0.13
-73.33%
AU:TSL
Titanium Sands
0.01
0.00
0.00%
AU:IMA
Image Resources NL
0.03
-0.05
-66.23%
AU:VRX
VRX Silica Ltd.
0.04
-0.04
-55.70%
AU:IND
Industrial Minerals Limited
0.13
>-0.01
-3.70%

Heavy Minerals Ltd Corporate Events

Heavy Minerals Ltd Issues New Tranches of Unquoted Options
Jun 30, 2026
Heavy Minerals Ltd has notified the market of the issue of new unquoted options as part of its capital management activities, detailing two tranches of options with distinct strike prices and expiry dates. The company will issue 25,000 options pri...
Heavy Minerals Ltd details proposed ASX options issue
Jun 30, 2026
Heavy Minerals Ltd has lodged an Appendix 3B with the ASX outlining a proposed issue of unquoted options as part of a placement or similar capital management activity. The options will be issued in two tranches, with 25,000 options exercisable at ...
Heavy Minerals Secures Tailings Deal and Near-Term Garnet Production Pathway
Apr 30, 2026
Heavy Minerals has executed a binding Tailings Processing Agreement with Hillgrove Resources over the Kanmantoo tailings stream, securing a near-term pathway to garnet production and supporting a newly announced maiden Exploration Target. The comp...
Heavy Minerals issues 125,000 new shares under secondary placement exemption
Apr 17, 2026
Heavy Minerals Limited has issued 125,000 fully paid ordinary shares without a prospectus under the Corporations Act’s provisions for secondary share issues. The company states it remains compliant with its continuous disclosure and financia...
Heavy Minerals Seeks ASX Quotation for 125,000 New Shares
Apr 17, 2026
Heavy Minerals Ltd has applied to the ASX for quotation of 125,000 new ordinary fully paid shares, issued on 17 April 2026, following the exercise or conversion of existing securities. The additional stock modestly increases the company’s li...
Heavy Minerals issues new tranche of unquoted options to support long-term incentives
Apr 17, 2026
Heavy Minerals Ltd has notified the market of the issue of several tranches of unquoted options, totaling 325,000 securities, with exercise prices ranging from $0.8488 to $0.8786 and expiry dates in early 2028. The options, issued on 17 April 2026...
Heavy Minerals outlines proposed issue of 325,000 unquoted options
Apr 17, 2026
Heavy Minerals Limited has lodged a notice of a proposed issue of unquoted options with the ASX, outlining a placement or similar type of securities issue scheduled for 17 April 2026. The company plans to issue up to 325,000 unquoted options acros...
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: Feb 25, 2026