TipRanks
Go Ultimate55% OFF

Hawsons Iron Ltd (HIO) AI Stock Analysis

Top Page

AU:HIO

Hawsons Iron Ltd

(ASX:HIO)

Select Model
Rating:43.1Neutral
Price Target:AUD 0.01â–²(10.00% Upside)
Action:reiterated
Date:10/16/26

The score is primarily constrained by the absence of revenue, continuing losses, negative cash flow, and a negative P/E ratio. The low-debt balance sheet and reduced recent cash burn provide some support, while technical indicators remain cautious.

Positive Factors
Low leverageMinimal debt relative to equity gives Hawsons Iron greater financial flexibility and reduces refinancing pressure while the project remains in development. This conservative capital structure may help preserve strategic options and limit balance-sheet stress through the next several quarters.
Negative Factors
No operating revenueThe absence of reported revenue shows that Hawsons Iron has not yet established operating sales from its project. Without a revenue base, the company remains dependent on funding and continued development progress, while fixed corporate and project costs cannot yet be absorbed by commercial operations.

Hawsons Iron Ltd (HIO) vs. iShares MSCI Australia ETF (EWA)

-60%-40%-20%0%20%40%AU:HIO-60.00%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 14.47M
Dividend Yield
―
Average Volume (3M)
981.42K
Price to Earnings (P/E)
-5.8
Beta (1Y)
1.35
Revenue Growth
―
EPS Growth
10.00%
Country
Australia
Employees
10
Sector
Basic Materials
Sector Strength
61
Industry
Steel

Hawsons Iron Ltd Business Overview & Revenue Model

Company Description

Hawsons Iron Limited focuses on mineral exploration activities throughout Australia. Its primary asset is the Hawsons iron project, found in Broken Hill, New South Wales. Formerly known as Carpentaria Resources Limited, the company officially adopted...

Hawsons Iron Ltd Financial Statement Overview

Summary

A strong, low-debt, equity-funded balance sheet is outweighed by no revenue, recurring losses, and persistently negative operating and free cash flow. Reduced losses and cash burn provide limited improvement, but the company remains dependent on external funding.

Income Statement

25Negative

Balance Sheet

70Positive

Cash Flow

38Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue000000
Gross Profit-92.64K-92.64K-153.33K-184.00K-153.00K-53.45K
EBITDA-1.92M-1.92M-1.49M-2.42M10.52M-20.41M
Net Income-2.06M-2.06M-2.04M-3.64M10.36M-20.47M
Balance Sheet
Total Assets62.70M62.70M61.15M63.16M64.82M63.15M
Cash, Cash Equivalents and Short-Term Investments498.10K498.10K202.45K3.30M7.25M7.82M
Total Debt133.55K133.55K1.13M127.82K218.31K1.40M
Total Liabilities1.31M1.31M1.74M2.27M3.18M32.76M
Stockholders Equity61.39M61.39M59.42M60.89M61.64M30.38M
Cash Flow
Free Cash Flow-1.80M-1.80M-3.41M-7.16M-17.99M-28.20M
Operating Cash Flow-1.80M-1.80M-1.95M-2.34M-1.88M-3.29M
Investing Cash Flow-1.66M-1.66M-1.24M-4.14M-14.90M-25.02M
Financing Cash Flow3.75M3.75M86.26K2.53M16.21M33.78M

Hawsons Iron Ltd Technical Analysis

Technical Analysis SentimentNegative
Last Price0.01

Price Trends

50DMA0.01Neutral
100DMA0.01Negative
200DMA0.01Negative

Market Momentum

MACD-0.00Negative
RSI45.89Neutral
STOCH0.00Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HIO, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, equal to the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 45.89 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HIO.

Hawsons Iron Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:HIO against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:HIOAU:HIO43NeutralAUD 14.47M-5.83-3.39%――10.00%
AU:MGLAU:MGL42NeutralAUD 13.04M-36.88-0.73%―24.21%94.92%
AU:MGTAU:MGT38UnderperformAUD 2.68M-0.45-9.87%――43.89%
AU:VR8AU:VR833UnderperformAUD 17.52M83.33-0.13%――97.78%

* Basic Materials Sector Average

Performance Comparison

-50%0%50%100%150%AU:HIOAU:MGTAU:VR8AU:MGLDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:HIO and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:HIOHawsons Iron Ltd0.01-0.02-60.00%
AU:MGTMagnetite Mines Limited0.01-0.05-81.03%
AU:VR8Vanadium Resources Ltd.0.03-0.00-13.79%
AU:MGLMagontec Limited0.230.0212.50%

Hawsons Iron Ltd Corporate Events

Hawsons Iron advances hematite recovery from waste stream at flagship project

Sep 27, 2026

Hawsons Iron Ltd has reported encouraging testwork results showing a viable pathway to recover additional iron, mainly hematite, from the non-magnetic waste stream of its proposed Hawsons processing circuit. Bench-scale testing using wet high intensi...

Hawsons Iron Sets Hybrid AGM for October 2026

Sep 27, 2026

Hawsons Iron Ltd has scheduled its 2026 Annual General Meeting for 28 October 2026 at 2:30pm AEST in Brisbane, with shareholders able to attend both in person at the BDO offices and via a virtual platform. The company has made all AGM materials, incl...

Hawsons Iron Testwork Confirms Premium 69% Fe Magnetite Potential

Sep 4, 2026

Hawsons Iron Ltd has reported bulk-scale elutriation testwork results indicating its Hawsons Iron Project can upgrade magnetite concentrate from 67.8% Fe to 69.3% Fe while significantly lowering silica and alumina levels. The upgraded product maintai...

Hawsons Iron boosts magnetite grade in bulk elutriation tests

Sep 2, 2026

Hawsons Iron Ltd has reported bulk-scale elutriation testwork results confirming its Hawsons Iron Project can upgrade magnetite concentrate from 67.8% Fe to 69.3% Fe while significantly cutting silica and alumina impurities. The tests support includi...

Hawsons Iron Sets AGM Date and Director Nomination Deadline

Sep 1, 2026

Hawsons Iron Ltd has scheduled its Annual General Meeting for 28 October 2026, with the election of directors to be a key item of business. The company has set 9 September 2026 as the deadline for director nominations, which must be lodged at its reg...

Hawsons Iron Files Updated Corporate Governance Statement with ASX

Aug 26, 2026

Hawsons Iron Limited has lodged its updated corporate governance statement and accompanying Appendix 4G with the ASX for the financial year ended 30 June 2026. The statement, current as of 26 August 2026 and approved by the board, is available on the...

Hawsons Iron Outlines Governance Framework and Areas for Improvement

Aug 26, 2026

Hawsons Iron Ltd has detailed its corporate governance framework for the year to 30 June 2026, confirming broad alignment with the ASX Corporate Governance Council’s latest principles. The Board highlights its focus on ethical conduct, risk man...

Hawsons Iron Issues Over 103 Million New Options

Aug 25, 2026

Hawsons Iron Ltd has notified the market of a new issue of unquoted equity securities in the form of options. The company is issuing 103,636,297 options, each exercisable at $0.015 and expiring on December 31, 2027, with an issue date of August 25, 2...

Hawsons Iron Director Boosts Indirect Shareholding via Share Purchase Plan

Aug 25, 2026

Hawsons Iron Ltd has disclosed a change in director Meredith Campion’s indirect interests in the company’s securities. The notice details an increase in her holding via Beatcamp Pty Ltd, acting as trustee for the Campion Family Trust, ref...

Hawsons Iron Director Increases Stake via Share Purchase Plan

Aug 25, 2026

Hawsons Iron Ltd has disclosed a change in director Tom Revy’s indirect interest in the company, with his Revcorp Super Fund account acquiring 909,090 ordinary shares through participation in a share purchase plan. Following this transaction, R...

Hawsons Iron Director Boosts Indirect Shareholding via Purchase Plan

Aug 25, 2026

Hawsons Iron Ltd has reported a change in director Paul Cholakos’s indirect interest in the company’s securities. Through Invia Custodian Pty Limited, Cholakos increased his holding by 2,727,272 ordinary shares via participation in a Shar...

Hawsons Iron Director Increases Stake via Share Purchase Plan

Aug 25, 2026

Hawsons Iron Ltd has disclosed a change in director Jeremy Kirkwood’s indirect holdings in the company, reflecting his participation in a recent share purchase plan. Through entities associated with him, Kirkwood acquired 2,727,272 ordinary sha...

Hawsons Iron Seeks ASX Quotation for 111.8 Million New Shares

Aug 24, 2026

Hawsons Iron Ltd has lodged a new Appendix 2A application with the ASX for quotation of 111,818,112 ordinary fully paid shares. The securities, associated with previously announced transactions, are scheduled to be quoted from 25 August 2026, expandi...

Hawsons Iron Raises $1.23m to Advance Iron Ore Studies

Aug 24, 2026

Hawsons Iron Limited has completed a share purchase plan that raised $1.23 million, issuing about 111.8 million new shares at $0.011 each, alongside one free attaching option per share exercisable at $0.015 until 31 December 2027. Directors subscribe...

Hawsons Iron Director Options Lapse on Expiry

Aug 20, 2026

Hawsons Iron Ltd has reported a change in Director Paul Cholakos’s interests, with 5,000,000 unlisted HIOAA options held via Invia Custodian Pty Ltd lapsing on expiry. Following the lapse, Cholakos continues to hold 9,984,474 ordinary shares an...

Hawsons Iron Options Lapse, Trimming Potential Future Share Issuance

Aug 20, 2026

Hawsons Iron Ltd has notified the market that 5,000,000 HIOAA options, which were due to expire on various dates at various exercise prices, have lapsed because the conditions attached to these options were not satisfied or became incapable of being...

Hawsons Iron Launches Discounted Share Purchase Plan with Free Options

Aug 5, 2026

Hawsons Iron Limited has launched a share purchase plan offering eligible shareholders the chance to subscribe for up to $30,000 of new fully paid ordinary shares at a discount, with no brokerage or transaction costs. The offer is structured specific...

Hawsons Iron Launches Compliant Share Purchase Plan

Aug 5, 2026

Hawsons Iron Limited has announced it will launch a share purchase plan, offering fully paid ordinary shares to existing investors without a full prospectus under the Corporations Act. The offer is being made in reliance on ASIC Instrument 2019/547,...

Hawsons Iron maps out target market for new SPP-linked options

Aug 5, 2026

Hawsons Iron Limited has issued a target market determination for free-attaching options linked to a new share purchase plan. The options grant eligible shareholders the right to acquire fully paid ordinary shares at A$0.015 per share, expiring on 31...

Hawsons Iron Launches Speculative Options Offer to SPP Investors

Aug 5, 2026

Hawsons Iron Limited has released an options prospectus for an offer of up to 136,363,636 options at nil consideration, on the basis of one option for every share issued under its Share Purchase Plan. The SPP Option Offer opens on 6 August 2026 and c...

Hawsons Iron Corrects Issue Date in Securities Purchase Plan Update

Jul 31, 2026

Hawsons Iron Ltd has updated its ASX disclosure regarding a proposed issue of securities under a securities purchase plan for existing shareholders. The iron ore developer is seeking to raise capital through this equity mechanism while remaining with...

Hawsons Iron Launches Securities Purchase Plan With Free Attaching Options

Jul 31, 2026

Hawsons Iron Ltd has announced a securities purchase plan offering up to 136,363,636 new ordinary fully paid shares to eligible shareholders. The offer includes an equal number of free attaching options exercisable at $0.015 and expiring on 31 Decemb...

Hawsons Iron boosts magnetite project economics with waste handling overhaul and PFS upgrade

Jul 31, 2026

Hawsons Iron Ltd has reported a major optimisation of waste handling at its magnetite project, replacing truck haulage for a 90 million-tonne-per-annum process waste stream with an integrated conveying and stacking system. The study by German-based T...

Hawsons Iron Launches $1.5m Share Purchase Plan to Advance Project Studies

Jul 30, 2026

Hawsons Iron Ltd has launched a non-underwritten Share Purchase Plan to raise up to approximately $1.5 million, offering shares at $0.011 each, a discount to recent trading levels, with one free attaching option per share exercisable at $0.015 and ex...

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: Oct 16, 2026