Havilah Resources Limited (HAV) AI Stock Analysis

• Market Cap: AU$55.98M
• Dividend Yield: N/A
• Average Volume (3M): 105.31K
• Price to Earnings (P/E): 16.5
• Beta (1Y): 0.80
• Revenue Growth: 8.70%
• EPS Growth: 11.11%
• Country: AU
• Employees: 23
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Gold
• EPS (TTM): 0.01
• Shares Outstanding: 339,256,300
• 10 Day Avg. Volume: 88,192
• 30 Day Avg. Volume: 105,310
• PEG Ratio: 1.58
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Havilah Resources Limited exhibits a solid balance sheet with strong equity and low debt levels, contributing positively to its overall financial health. However, operational inefficiencies and negative free cash flow pose risks to sustained growth. The stock's technical indicators reflect a bearish trend, potentially impacting short-term performance. Valuation is moderate with a reasonable P/E ratio, but the lack of a dividend yield may deter income-focused investors.

Havilah Resources Limited Business Overview & Revenue Model

Company Description

Havilah Resources Limited (HAV) is an Australian exploration and development company focused primarily on mineral resource projects. The company operates in the mining sector, with a strong emphasis on copper, gold, cobalt, and other valuable mineral deposits. Havilah Resources is engaged in the exploration, development, and potential production of these resources, predominantly within its South Australian tenements.

How the Company Makes Money

Havilah Resources Limited makes money primarily through the exploration and development of mineral resources, with the ultimate goal of bringing these resources to production. Revenue is generated through the sale of mined minerals such as copper, gold, and cobalt once commercial production is achieved. The company may also earn income through joint ventures, partnerships, or the sale of exploration rights and interests to other mining companies. Additionally, Havilah Resources may secure funding through equity financing, grants, and government incentives aimed at supporting mining exploration and development. These activities are critical in advancing projects from exploration stages to eventual production, thereby contributing to the company's earnings.

Havilah Resources Limited Financial Statement Overview

Summary

Havilah Resources Limited demonstrates a mixed financial performance with strong revenue growth and net income improvements. However, persistent operational inefficiencies and negative free cash flow present risks. The balance sheet is robust, characterized by strong equity and low debt, but cash flow challenges need addressing to ensure sustainable future growth.

Income Statement

The company shows a positive revenue growth of 8.7% over the last year, indicating a recovery from past declines. The net profit margin improved significantly to 63.3%, driven by a sharp increase in net income. However, EBIT margin remains negative, suggesting operational challenges. Despite positive EBITDA, the company faces ongoing profitability issues at the EBIT level, which tempers the overall income statement performance.

Balance Sheet

Havilah Resources Limited maintains a strong equity position with an equity ratio of 96.8%. The debt-to-equity ratio is low at 0.003, showcasing financial stability and low leverage risk. ROE improved to 10.7% due to higher net income, reflecting effective use of equity capital. The balance sheet is strong, with robust equity and low liabilities, indicating financial health.

Cash Flow

The free cash flow turned negative this year, indicating cash outflows in investing activities. Despite a positive operating cash flow to net income ratio of 0.19, free cash flow to net income was negative, highlighting challenges in converting earnings into free cash. Improvements in operating cash flow are overshadowed by high capital expenditures, constraining cash flow performance.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
8.80K	8.10K	54.78K	149.48K	2.22K
	Gross Profit
8.80K	8.10K	54.78K	53.84K	123.21K
	EBIT
-2.21M	-3.83M	-2.63M	-2.66M	-3.76M
	EBITDA
5.84M	3.15M	-2.80M	-2.21M	-4.24M
	Net Income Common Stockholders
5.57M	2.93M	-2.93M	-2.36M	-4.73M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.16M	3.65M	1.61M	4.01M	1.48M
	Total Assets
53.62M	47.95M	44.20M	44.69M	40.83M
	Total Debt
141.19K	171.94K	104.08K	63.83K	139.23K
	Net Debt
-1.02M	-3.48M	-1.51M	-3.94M	-1.34M
	Total Liabilities
1.70M	1.71M	1.19M	1.58M	1.67M
	Stockholders Equity
51.92M	46.24M	43.01M	43.10M	39.16M
Cash Flow		Free Cash Flow
-2.38M	2.07M	-5.21M	-3.32M	-4.78M
	Operating Cash Flow
1.05M	3.89M	-2.80M	-1.53M	-3.69M
	Investing Cash Flow
-3.51M	-1.80M	-2.02M	-1.79M	-1.09M
	Financing Cash Flow
-30.75K	-48.89K	2.42M	5.85M	2.44M

Havilah Resources Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.17
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HAV, the sentiment is Negative. The current price of 0.17 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.19, and below the 200-day MA of 0.20, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 27.09 is Positive, neither overbought nor oversold. The STOCH value of 13.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HAV.

Havilah Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HAV	61 Neutral	AU$55.98M	16.50	6.01%	―	8.70%	11.11%
TLM	51 Neutral	$30.13M	―	-20.67%	―	―	4.00%
Sector *	49 Neutral	$1.96B	-1.23	-21.20%	3.72%	0.88%	-29.24%
GWR	47 Neutral	AU$30.10M	1.48	17.20%	―	―	―
GML	47 Neutral	AU$12.26M	4.76	8.76%	―	―	―
AR1	39 Underperform	AU$84.35M	―		―	-25.56%	-339.66%

Havilah Resources Limited Corporate Events

Havilah Resources Releases Interim Financial Report Highlighting Exploration Activities

Havilah Resources Limited has released its interim financial report for the half-year ending January 31, 2025. The report outlines the company’s financial position and performance, highlighting ongoing exploration activities, including diamond drilling at the Mutooroo copper-cobalt-gold project. This activity is aimed at obtaining drill core samples for metallurgical testing, which is crucial for advancing the project. The report also acknowledges the inherent risks and uncertainties in exploration, emphasizing the speculative nature of their operations and the potential impact on stakeholders.

Havilah Resources Unveils Promising Depth Extensions at Mutooroo Project

Havilah Resources Limited announced the results of a Downhole Electromagnetic (DHEM) survey at their Mutooroo copper-cobalt-gold project, revealing significant depth extensions of massive sulphide mineralisation. The survey indicates that the mineralisation extends at least 200 meters below previous drill holes, which could enhance the project’s potential and impact future pre-feasibility studies. The company is in discussions with JX Advanced Metals Corporation regarding funding for further project development, highlighting the strategic importance of these findings for stakeholders.

Havilah Resources Updates Kalkaroo Ore Reserve Calculation

Havilah Resources Limited has clarified its copper equivalent (CuEq) calculation for the Kalkaroo Ore Reserve, adjusting it to 0.83% from the previously stated 0.74% due to updated copper and gold prices. This adjustment reflects the increased relative value of gold in the deposit, enhancing the project’s potential value and transparency for stakeholders.

Havilah Resources Reports Promising Exploration Results and Strategic Developments

Havilah Resources Limited reported significant progress in its exploration activities for the quarter ending January 2025, with promising drilling results at the Mutooroo and Croziers prospects, indicating potential for substantial copper, cobalt, gold, beryllium, and tungsten resources. The company is optimistic about monetizing its Kalkaroo project amid rising copper and gold prices and continues to engage with potential investors, while also planning further exploration activities to enhance its resource base.

Havilah Resources Expands Mutooroo Project with Successful Drilling Program

Havilah Resources Limited announced the completion of a significant drilling program at the Mutooroo copper-cobalt-gold project, in partnership with JX Advanced Metals Corporation. The program, consisting of 35 drillholes totaling 7,511 metres, has successfully identified potential resource expansions beyond the existing JORC resource envelope, particularly towards the north of the deposit. The results confirmed substantial sulphide mineralization and higher than average gold grades, suggesting a promising economic potential for the project, especially given the current high gold prices.