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Headwater Gold
(HWG)
Headwater Gold (HWG) vs. iShares MSCI Canada ETF (EWC)
Headwater Gold Business Overview & Revenue Model
Headwater Gold Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2024 | Dec 2023 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -261.19K | -237.00K | -220.38K | -133.00K | -67.46K | 0.00 |
| EBITDA | -921.48K | 472.12K | -3.93M | -882.26K | -3.18M | -627.00K |
| Net Income | -1.21M | 210.68K | -4.18M | -1.03M | -3.06M | 1.19M |
Balance Sheet | ||||||
| Total Assets | 10.11M | 10.69M | 11.28M | 8.77M | 5.78M | 9.07M |
| Cash, Cash Equivalents and Short-Term Investments | 5.06M | 5.00M | 2.74M | 4.35M | 2.05M | 3.35M |
| Total Debt | 232.22K | 200.95K | 232.73K | 335.68K | 110.40K | 110.40K |
| Total Liabilities | 3.38M | 2.30M | 4.73M | 815.16K | 269.69K | 679.36K |
| Stockholders Equity | 6.73M | 8.40M | 6.56M | 7.96M | 5.51M | 8.39M |
Cash Flow | ||||||
| Free Cash Flow | -992.25K | 930.69K | -426.28K | -393.89K | -1.22M | -1.66M |
| Operating Cash Flow | -968.28K | 1.00M | -416.02K | -349.06K | -1.16M | -438.34K |
| Investing Cash Flow | -3.38M | 2.87M | 653.81K | -3.02M | -1.72M | -1.50M |
| Financing Cash Flow | 2.30M | -186.36K | 1.48M | 3.32M | -233.63K | 5.99M |
Headwater Gold Technical Analysis
Headwater Gold Peers Comparison
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% | |
55 Neutral | C$69.93M | -36.49 | -3.80% | ― | ― | 58.19% | |
53 Neutral | C$51.09M | -40.59 | -19.38% | ― | ― | 69.15% | |
50 Neutral | C$58.20M | -19.05 | -3699.15% | ― | ― | -2000.00% | |
48 Neutral | C$70.59M | -6.09 | -133.51% | ― | ― | 47.21% | |
46 Neutral | C$47.98M | -5.26 | -67.07% | ― | ― | 2.75% | |
43 Neutral | C$71.51M | -5.65 | -38.12% | ― | ― | -592.74% |
Headwater Gold Corporate Events
Headwater Gold Inc. has granted 1,825,000 incentive stock options to its directors, officers, employees and consultants, with each option allowing the purchase of one common share at an exercise price of $0.75 over a five-year term and vesting immediately. The option grant, which remains subject to Canadian Securities Exchange acceptance, is a standard form of equity-based compensation designed to align management and staff incentives with shareholder interests and may influence the company’s capital structure and employee retention strategy.
The most recent analyst rating on (TSE:HWG) stock is a Hold with a C$0.76 price target. To see the full list of analyst forecasts on Headwater Gold stock, see the TSE:HWG Stock Forecast page.
Headwater Gold has entered into a definitive earn-in agreement with Centerra Gold for the exploration of the Crane Creek Gold Project in Idaho. This agreement allows Centerra to earn up to a 70% interest in the project through staged exploration expenditures totaling up to US$25 million, highlighting the project’s potential for significant gold deposits. The collaboration underscores the strategic partnership between the two companies, aiming to unlock the full potential of the Crane Creek project, which is already fully permitted for drilling.
Headwater Gold Inc. announced the results of a gravity geophysics survey on its Spring Peak and Lodestar projects in Nevada, revealing a significant extension of the Bear Fault corridor. This discovery highlights untested potential for gold mineralization under volcanic cover, positioning Headwater to pursue new exploration targets and potentially significant discoveries, enhancing its strategic standing in the Nevada gold exploration sector.
Headwater Gold Inc announced its participation in the 51st Annual New Orleans Investment Conference, a prestigious event gathering top investors and analysts. This participation underscores Headwater’s commitment to engaging with industry leaders and exploring new opportunities, potentially enhancing its market presence and stakeholder value.
Headwater Gold Inc. has commenced a drilling program at its TJ project in northeastern Nevada, fully funded by OceanaGold Corporation through an earn-in agreement. The program aims to drill approximately 1,500 meters to test multiple epithermal vein targets, with a priority on the East Sinter fault target. This collaboration marks the beginning of a potentially productive exploration partnership, allowing Headwater to systematically explore high-quality vein targets and move closer to realizing the district-scale potential of the TJ project.
Headwater Gold’s Spring Peak project in Nevada has been selected for the US Federal Government’s FAST-41 program, which streamlines the permitting process for significant infrastructure projects. This inclusion provides transparency and predictability for the project’s exploration activities, which are funded by Newmont Corporation under an agreement that allows Newmont to earn a significant interest in the project. The project is strategically located near existing mining infrastructure and has shown promising gold mineralization results, positioning Headwater well for future exploration and development.
Headwater Gold Inc. has entered into a definitive agreement with OceanaGold Corporation, allowing OceanaGold to earn up to a 75% interest in Headwater’s TJ, Jake Creek, and Hot Creek projects in Nevada through staged exploration expenditures totaling up to $65 million and the completion of Pre-Feasibility Studies. This partnership marks a significant step for Headwater, as it will receive a 10% management fee and retain a 1% NSR royalty upon the completion of the PFS, while OceanaGold’s involvement is expected to enhance the exploration and development of these projects, potentially increasing their value and advancing Headwater’s position in the mining industry.