Heavy Minerals Ltd (AU:HVY)
ASX:HVY
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Heavy Minerals Ltd
(Sydney:HVY)
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Rating:43Neutral
Price Target:
AU$0.39
▼(-22.80% Downside)
Action:ReiteratedDate: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
Manageable Leverage
A debt-to-equity ratio near 1.0 reflects a balanced capital structure that preserves financial flexibility. Sustained moderate leverage can fund operations or capex without excessive interest burden, supporting medium-term runway for restructuring or growth initiatives.
Negative Factors
Sharp Revenue Contraction
A 53.6% revenue decline is a structural threat to scale and fixed-cost absorption. Sustained top-line erosion compresses margins, limits reinvestment capacity, and raises the bar for any recovery plan; restoring demand or market share will be essential for durable improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable Leverage
A debt-to-equity ratio near 1.0 reflects a balanced capital structure that preserves financial flexibility. Sustained moderate leverage can fund operations or capex without excessive interest burden, supporting medium-term runway for restructuring or growth initiatives.
Read all positive factors
Heavy Minerals Ltd (HVY) vs. iShares MSCI Australia ETF (EWA)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)86.19K
Price to Earnings (P/E)―
Beta (1Y)0.70
Revenue GrowthN/A
EPS Growth-7.28%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding71,658,590
10 Day Avg. Volume83,831
30 Day Avg. Volume86,188
Financial Highlights & Ratios
PEG Ratio-0.97
Price to Book (P/B)8.42
Price to Sales (P/S)453.10
P/FCF Ratio-11.67
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
Heavy Minerals Ltd Business Overview & Revenue Model
Company Description
Heavy Minerals Limited engages in the exploration and development of the mineral resource projects in Western Australia and Mozambique. The company explores for industrial garnet, ilmenite, zircon, leucoxene, and rutile minerals. Its primary proje...
How the Company Makes Money
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Heavy Minerals Ltd Financial Statement Overview
Summary
Income Statement
25
Negative
Balance Sheet
30
Negative
Cash Flow
20
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.60K | 44.13K | 40.17K | 27.34K | 8.80K | 0.00 |
| Gross Profit | -14.44K | 44.13K | 40.17K | 7.23K | 6.76K | -93.00 |
| EBITDA | -1.65M | -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 Assets | 5.90M | 5.31M | 4.40M | 3.54M | 4.47M | 314.88K |
| Cash, Cash Equivalents and Short-Term Investments | 38.37K | 33.17K | 47.48K | 319.90K | 2.41M | 34.87K |
| Total Debt | 2.83M | 2.36M | 853.39K | 0.00 | 0.00 | 215.78K |
| Total Liabilities | 3.53M | 2.97M | 1.19M | 76.03K | 129.07K | 553.89K |
| Stockholders Equity | 2.41M | 2.37M | 3.26M | 3.51M | 4.39M | -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 | -766.12K | 279.28K | -2.90M | -2.00K |
| Financing Cash Flow | 1.54M | 1.70M | 1.11M | -4.75K | 5.14M | 244.71K |
Heavy Minerals Ltd Technical Analysis
Negative
0.50
Price Trends
0.52
Negative
0.52
Negative
0.43
Negative
Market Momentum
-0.02
Positive
36.00
Neutral
18.10
Positive
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 0.47, below the 50-day MA of 0.52, and above the 200-day MA of 0.43, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 36.00 is Neutral, neither overbought nor oversold. The STOCH value of 18.10 is Positive, 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
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% | |
49 Neutral | AU$31.87M | -7.10 | -99.27% | ― | ― | -36.36% | |
45 Neutral | AU$20.38M | -0.52 | -77.38% | ― | ― | ― | |
45 Neutral | AU$7.65M | -32.58 | -29.48% | ― | ― | 76.12% | |
44 Neutral | AU$2.85M | -3.26 | -43.09% | ― | ― | -200.00% | |
43 Neutral | ― | -12.50 | -58.19% | ― | ― | -7.28% | |
42 Neutral | AU$4.35M | -1.02 | -380.56% | ― | ― | 24.09% |
* Basic Materials Sector Average
AU:HVY
Heavy Minerals Ltd
0.40
0.13
48.15%
AU:MRD
Mount Ridley Mines Limited
0.02
0.01
100.00%
AU:AOA
Ausmon Resources Limited
―
―
―
AU:AKN
AuKing Mining Ltd
0.01
<0.01
30.00%
AU:C29
C29 Metals Limited
0.03
-0.03
-54.55%
AU:EMT
eMetals Limited
0.01
0.00
0.00%
Heavy Minerals Ltd Corporate Events
Heavy Minerals Issues New Shares Under Streamlined Capital-Raising Provisions
Mar 20, 2026
Heavy Minerals Ltd has issued 50,000 fully paid ordinary shares, using provisions that allow the raising of capital without issuing a detailed prospectus to investors. The company confirms it has met its continuous disclosure and financial reporti...
Heavy Minerals Seeks ASX Quotation for 50,000 New Ordinary Shares
Mar 20, 2026
Heavy Minerals Ltd has applied to the ASX for quotation of an additional 50,000 ordinary fully paid shares under code HVY, with an issue date of 20 March 2026. The modest increase in quoted securities, arising from the exercise or conversion of ex...
Heavy Minerals Releases Half Year Financial Report for December 2025
Mar 16, 2026
Heavy Minerals Limited has released its half year report for the period ended 31 December 2025, covering the consolidated financial statements and activities of the company and its controlled entities. The report outlines profit and loss, financia...
Heavy Minerals issues 2.56 million new shares under routine capital management
Feb 24, 2026
Heavy Minerals Ltd has issued 2,555,000 fully paid ordinary shares on 24 February 2026 without a prospectus, relying on provisions of the Corporations Act that allow such issues without formal disclosure. The company stated it is fully compliant w...
Heavy Minerals seeks ASX quotation for new ATM-issued shares
Feb 24, 2026
Heavy Minerals Ltd has applied to the ASX for quotation of 2,555,000 new fully paid ordinary shares under its at-the-market subscription program. The new securities, issued on 24 February 2026 and trading under ticker HVY, expand the company’...
Heavy Minerals Boosts ATM Collateral Shares to Preserve Funding Flexibility
Feb 24, 2026
Heavy Minerals Ltd has increased the number of shares provided as security under its at-the-market subscription agreement with Acuity Capital, issuing 2,555,000 fully paid ordinary shares at nil consideration to lift total collateral shares to 3,5...
Heavy Minerals Taps ATM Facility for $175,000 Working Capital Boost
Jan 29, 2026
Heavy Minerals Limited has raised $175,000 through its At-the-Market Subscription Agreement with Acuity Capital by setting off 330,000 previously issued collateral shares at a deemed price of $0.53 per share, a slight discount to the latest closin...
Heavy Minerals to Extract Garnet from Kanmantoo Tailings Under New Agreement
Jan 27, 2026
Hillgrove Resources has signed a binding tailings processing agreement with Heavy Minerals Ltd for the extraction and sale of garnet from process tailings and the Tailings Storage Facility at the Kanmantoo Copper Mine in South Australia, under whi...
Heavy Minerals Seals Kanmantoo Tailings Deal to Launch Garnet Production
Jan 27, 2026
Heavy Minerals has executed a binding tailings processing agreement with Hillgrove Copper to develop an industrial hardrock almandine garnet project using tailings from the Kanmantoo Copper Mine in South Australia, with first production of industr...
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.