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Helix BioPharma (TSE:HBP)
TSX:HBP
Canadian Market
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Helix BioPharma (HBP) AI Stock Analysis

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TSE:HBP

Helix BioPharma

(TSX:HBP)

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Neutral 45 (OpenAI - 5.2)
Rating:45Neutral
Price Target:
C$1.50
▼(-37.50% Downside)
Action:Reiterated
Date:06/15/26
The score is primarily held back by a pre-revenue financial profile with ongoing losses and negative free cash flow, implying continued funding needs. Technicals add pressure given a downtrend versus key moving averages and negative MACD. Valuation is also weak because earnings are negative and there is no dividend yield support, partially offset by low leverage and improved equity position.
Positive Factors
Low leverage and strong solvency buffer
Very low debt relative to equity materially reduces near-term solvency and interest burden risk, giving management flexibility to prioritize R&D and clinical progress. This balance-sheet strength supports funding runway and strategic options over the next several months without urgent refinancing.
Negative Factors
Pre-revenue with persistent operating losses
Absence of product revenue and recurring operating losses mean the company depends on external financing to sustain operations. Over 2–6 months this structural gap constrains strategic flexibility, limits self-funding of trials, and makes progress contingent on capital availability rather than operating cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and strong solvency buffer
Very low debt relative to equity materially reduces near-term solvency and interest burden risk, giving management flexibility to prioritize R&D and clinical progress. This balance-sheet strength supports funding runway and strategic options over the next several months without urgent refinancing.
Read all positive factors

Helix BioPharma (HBP) vs. iShares MSCI Canada ETF (EWC)

Helix BioPharma Business Overview & Revenue Model

Company Description
Based in Richmond Hill, Canada, Helix BioPharma Corp. is a Canadian immune-oncology company focused on therapeutic development. The firm is progressing L-DOS47 for treating non-small cell lung cancer and is also working on V-DOS47, which targets t...
How the Company Makes Money
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Helix BioPharma Financial Statement Overview

Summary
Pre-revenue with persistent operating losses and ongoing cash burn (TTM net loss ~C$3.3M; operating/free cash flow ~-C$3.2M). The main offset is improved balance-sheet stability with low leverage (TTM debt ~C$0.36M vs equity ~C$14.7M) and a turnaround to positive equity, but profitability and cash generation remain structurally weak.
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
20
Very Negative
BreakdownTTMJul 2025Jul 2024Jul 2023Oct 2022Oct 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-5.00K-10.00K-14.00K-13.00K-12.00K-173.00K
EBITDA-3.08M-5.21M-9.38M-6.31M-6.03M-9.46M
Net Income-3.32M-5.21M-9.26M-6.29M-6.08M-7.91M
Balance Sheet
Total Assets21.38M18.80M1.49M1.03M3.73M4.07M
Cash, Cash Equivalents and Short-Term Investments2.84M65.00K1.08M808.00K3.25M3.56M
Total Debt359.00K335.00K0.000.002.47M3.61M
Total Liabilities6.69M3.22M1.58M1.87M3.41M5.46M
Stockholders Equity14.69M15.59M-90.00K-844.00K319.00K-1.39M
Cash Flow
Free Cash Flow-3.21M-3.83M-5.23M-5.54M-6.51M-9.30M
Operating Cash Flow-3.21M-3.83M-5.22M-5.53M-6.51M-9.30M
Investing Cash Flow0.0017.00K-14.00K-5.00K0.002.02M
Financing Cash Flow5.32M2.80M5.51M3.09M6.21M6.56M

Helix BioPharma Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2.40
Price Trends
50DMA
1.62
Negative
100DMA
1.75
Negative
200DMA
2.00
Negative
Market Momentum
MACD
-0.06
Negative
RSI
41.01
Neutral
STOCH
68.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HBP, the sentiment is Negative. The current price of 2.4 is above the 20-day moving average (MA) of 1.47, above the 50-day MA of 1.62, and above the 200-day MA of 2.00, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 41.01 is Neutral, neither overbought nor oversold. The STOCH value of 68.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:HBP.

Helix BioPharma Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
46
Neutral
C$62.50M-21.9470.15%16.99%
45
Neutral
C$106.93M-31.14-66.34%77.30%
45
Neutral
C$227.27M-1.75-51.42%6.61%
41
Neutral
C$30.66M-1.72-103.51%-42.77%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:HBP
Helix BioPharma
1.40
0.43
44.33%
TSE:MSCL
Satellos Bioscience
10.91
3.47
46.64%
TSE:ARCH
Arch Biopartners
0.92
-0.80
-46.51%
TSE:MDNA
Medicenna Therapeutics Corp
0.40
-0.46
-54.07%
TSE:METX
ME Therapeutics Holdings, Inc.
1.99
-7.51
-79.05%
TSE:ONCO
Onco-Innovations Ltd.
1.47
0.00
0.00%
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: Jun 15, 2026