Heritage Mining Ltd. (HML) Price & Analysis

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HML Stock Chart & Stats

C$0.02

C$0.00(0.00%)

At close: Jan 08 4:00 PM EST

C$0.02

C$0.00(0.00%)

Day’s Range― - ―

52-Week RangeC$0.02 - C$0.06

Previous CloseN/A

Volume12.00K

Average Volume (3M)1.19M

Market Cap

C$8.26M

Enterprise ValueC$6.44M

Total Cash (Recent Filing)C$226.08K

Total Debt (Recent Filing)C$239.94K

Price to Earnings (P/E)―

Beta0.92

Next Earnings

May 05, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding183,611,220

10 Day Avg. Volume1,046,019

30 Day Avg. Volume1,192,907

Financial Highlights & Ratios

PEG Ratio0.03

Price to Book (P/B)5.84

Price to Sales (P/S)0.00

P/FCF Ratio-2.40

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

Improving Cash BurnTTM free cash flow remains negative but shows sequential improvement versus 2022 and 2024. Durable implication: improving cash burn signals management is cutting costs or slowing outflows, which extends runway and reduces near‑term financing pressure if the trend persists.

Stable Asset BaseA roughly stable asset base provides a tangible cushion and potential collateral for financing or asset monetization. Over months this steadiness supports operational continuity and offers management options to preserve liquidity without forcing distressed asset sales.

History Of Stronger CapitalizationPrior periods showed materially stronger equity and no debt, indicating the company has previously accessed capital or retained earnings. Structurally this suggests the balance‑sheet collapse is recent and that a rebuild via financing or retained improvements is feasible if execution and markets allow.

Bears Say

No RevenueAbsence of revenue is a fundamental structural weakness: operations generate no organic cash to cover costs. Over months this forces reliance on external financing, limits scale-up options, and makes long‑term viability contingent on securing capital or a durable commercial turnaround.

Large, Widening LossesPersistent and growing net losses erode equity and increase future funding needs. Structurally, widening losses magnify dilution or refinancing risk, reduce strategic flexibility, and make it harder to invest in growth initiatives without decisive cost reduction or new revenue sources.

Severely Weakened Balance SheetEquity erosion to near zero with outstanding debt creates extreme leverage and limited financial flexibility. Over the medium term this raises insolvency and covenant risks, constrains borrowing options, and forces prioritization of near‑term survival over strategic investment.

Heritage Mining Ltd. News

Heritage Mining Moves Closer to Cash Flow With High-Grade Historic Rock Pile Results

An announcement from Heritage Mining Ltd. ( ($TSE:HML) ) is now available. Heritage Mining reported encouraging assay results...

2d ago

Heritage Mining Confirms Visible Gold, Expanding Potential at Melba Project

Heritage Mining Ltd. ( ($TSE:HML) ) just unveiled an announcement. Heritage Mining has confirmed visible coarse gold in...

7d ago

Heritage Mining Identifies New Shallow Visible Gold Zone at Melba Project

The latest announcement is out from Heritage Mining Ltd. ( ($TSE:HML) ). Heritage Mining has reported the discovery...

7d ago

Heritage Mining Confirms New High-Grade Gold Zones at Melba Project

Heritage Mining Ltd. ( ($TSE:HML) ) just unveiled an announcement. Heritage Mining has confirmed multiple new high-grade gold...

10d ago

Heritage Mining Expands Melba Land Package in Kirkland Lake Gold District

Heritage Mining Ltd. ( ($TSE:HML) ) has provided an announcement. Heritage Mining Ltd. has expanded its land position...

17d ago

Heritage Mining Raises $687,800 in Final Private Placement Tranche and Settles Debt in Shares

The latest announcement is out from Heritage Mining Ltd. ( ($TSE:HML) ). Heritage Mining Ltd. has closed the...

2M ago

Heritage Mining Begins Drilling at Melba Project After Permit Approval

An announcement from Heritage Mining Ltd. ( ($TSE:HML) ) is now available. Heritage Mining Ltd. has received an...

2M ago

Heritage Mining Secures Funding and Expands Project Ownership

The latest update is out from Heritage Mining Ltd. ( ($TSE:HML) ). Heritage Mining Ltd. has successfully closed...

2M ago

Heritage Mining Secures $500,000 to Boost Exploration Efforts

Heritage Mining Ltd. ( ($TSE:HML) ) has issued an announcement. Heritage Mining Ltd. has successfully closed the first...

3M ago

Heritage Mining Ltd. Launches $810,000 Private Placement to Fund Exploration

An update from Heritage Mining Ltd. ( ($TSE:HML) ) is now available. Heritage Mining Ltd. announced a non-brokered...

3M ago

HML FAQ

What was Heritage Mining Ltd.’s price range in the past 12 months?

Heritage Mining Ltd. lowest stock price was C$0.01 and its highest was C$0.06 in the past 12 months.

What is Heritage Mining Ltd.’s market cap?

Heritage Mining Ltd.’s market cap is C$8.26M.

When is Heritage Mining Ltd.’s upcoming earnings report date?

Heritage Mining Ltd.’s upcoming earnings report date is May 05, 2026 which is in 75 days.

How were Heritage Mining Ltd.’s earnings last quarter?

Heritage Mining Ltd. released its earnings results on Dec 01, 2025. The company reported -C$0.005 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.005.

Is Heritage Mining Ltd. overvalued?

According to Wall Street analysts Heritage Mining Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Heritage Mining Ltd. pay dividends?

Heritage Mining Ltd. does not currently pay dividends.

What is Heritage Mining Ltd.’s EPS estimate?

Heritage Mining Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Heritage Mining Ltd. have?

Heritage Mining Ltd. has 183,611,220 shares outstanding.

What happened to Heritage Mining Ltd.’s price movement after its last earnings report?

Heritage Mining Ltd. reported an EPS of -C$0.005 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Heritage Mining Ltd.?

Currently, no hedge funds are holding shares in TSE:HML

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

Company Description

Heritage Mining Ltd.

Heritage Mining Ltd. engages in the identification, acquisition, evaluation, and exploration of mineral properties in Ontario, Canada. It explores for gold and other precious metals. The company holds an interest in the Drayton - Black Lake project consisting of 720 mining claims covering an area of approximately 14,921.18 hectares located in the Patricia Mining District, Ontario. It also holds an interest in the Contact Bay property consisting of 147 mining claims covering an area of approximately 4,700 hectares located in Ontario. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.