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Hamelin Gold Limited
(Sydney:HMG)
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Rating:57Neutral
Price Target:
AU$0.21
▼(-15.20% Downside)
Action:Reiterated
Date:08/01/26
The score is primarily constrained by weak financial performance (pre-revenue, widening losses, and ongoing cash burn despite some free cash flow improvement) and a loss-making valuation profile (negative P/E, no dividend support). These risks are partially offset by strong price trend signals, with the stock trading above key moving averages.
Positive Factors
Low Leverage
Effectively zero reported debt and a sizable equity base reduce solvency risk and interest burden, preserving optionality to fund exploration via equity or partner deals. Low leverage is a durable structural strength for an explorer, lengthening runway and lowering default risk.
Negative Factors
Pre-revenue Operations
The absence of recurring operating revenue means the business has no internally generated cash to sustain exploration. Over the next months, this structural shortfall forces dependence on external financing or partners, increasing dilution and execution risk for project advancement.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Effectively zero reported debt and a sizable equity base reduce solvency risk and interest burden, preserving optionality to fund exploration via equity or partner deals. Low leverage is a durable structural strength for an explorer, lengthening runway and lowering default risk.
Read all positive factors
Hamelin Gold Limited (HMG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$64.45M
Dividend YieldN/A
Average Volume (3M)558.71K
Price to Earnings (P/E)―
Beta (1Y)1.56
Revenue GrowthN/A
EPS Growth20.95%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.02
Shares Outstanding247,879,460
10 Day Avg. Volume662,394
30 Day Avg. Volume558,711
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.57
Price to Sales (P/S)0.00
P/FCF Ratio-16.30
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
Hamelin Gold Limited Business Overview & Revenue Model
Company Description
Hamelin Gold Limited functions as a mineral exploration enterprise, primarily concentrating its efforts within Western Australia's Western Tanami district. The company possesses complete ownership of its key asset, the West Tanami project, a subst...
How the Company Makes Money
Hamelin Gold Limited does not have publicly verifiable operating revenue streams from producing mines in the information available here; therefore, details of recurring revenue from product sales are null. In general, companies at HMG’s stage (exp...
Hamelin Gold Limited Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
62
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 5.08K | 0.00 | 0.00 |
| Gross Profit | -91.68K | -108.06K | -146.63K | -88.22K | -15.00K | 0.00 |
| EBITDA | -4.00M | -7.16M | -1.18M | -901.05K | -1.28M | 0.00 |
| Net Income | -4.26M | -7.27M | -1.33M | -994.35K | -1.30M | -7.92K |
Balance Sheet | ||||||
| Total Assets | 18.58M | 19.34M | 23.75M | 24.93M | 21.58M | 21.32M |
| Cash, Cash Equivalents and Short-Term Investments | 3.68M | 4.94M | 4.96M | 7.75M | 7.16M | 9.19M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 66.88K |
| Total Liabilities | 385.68K | 458.38K | 489.13K | 442.30K | 903.84K | 182.73K |
| Stockholders Equity | 18.20M | 18.89M | 23.26M | 24.49M | 20.68M | 21.14M |
Cash Flow | ||||||
| Free Cash Flow | -2.59M | -662.30K | -3.87M | -4.63M | -2.15M | 0.00 |
| Operating Cash Flow | -835.97K | -662.30K | -561.38K | -629.06K | -404.09K | 0.00 |
| Investing Cash Flow | -1.51M | -2.03M | -2.21M | -3.41M | -1.68M | 0.00 |
| Financing Cash Flow | 2.67M | 2.67M | -11.43K | 4.62M | 9.20M | 1.00 |
Hamelin Gold Limited Technical Analysis
Positive
0.25
Price Trends
0.17
Positive
0.14
Positive
0.12
Positive
Market Momentum
0.02
Positive
63.62
Neutral
46.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HMG, the sentiment is Positive. The current price of 0.25 is above the 20-day moving average (MA) of 0.22, above the 50-day MA of 0.17, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 63.62 is Neutral, neither overbought nor oversold. The STOCH value of 46.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:HMG.
Hamelin Gold Limited Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
57 Neutral | AU$64.45M | -11.11 | -22.98% | ― | ― | 20.95% | |
47 Neutral | AU$22.14M | -18.57 | -13.61% | ― | ― | 6.67% | |
43 Neutral | AU$24.41M | -51.06 | -1.78% | ― | ― | 77.91% | |
42 Neutral | AU$20.86M | -5.30 | -22.76% | ― | ― | -36.53% | |
42 Neutral | AU$19.91M | -12.07 | -50.22% | ― | ― | 53.85% |
* Basic Materials Sector Average
AU:HMG
Hamelin Gold Limited
0.27
0.19
231.25%
AU:WMG
Western Mines Group Ltd
0.16
-0.08
-35.42%
AU:AHK
ARK Mines Ltd
0.34
-0.04
-11.84%
AU:LAT
DiscovEx Resources Limited
0.15
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150.00%
AU:MVL
Marvel Gold Ltd.
0.02
>-0.01
-6.25%
AU:CVR
Cavalier Resources Limited
0.26
-0.01
-3.70%
Hamelin Gold Limited Corporate Events
Hamelin Gold outlines maiden Day Dawn drill campaign with emphasis on regulatory compliance
Aug 3, 2026
Hamelin Gold Limited has released a presentation outlining its maiden drill program at the Day Dawn project in June 2026, presented at the Diggers and Dealers forum in August 2026. The company emphasizes that exploration results have been compiled...
Hamelin Gold Defines Multiple High-Grade Lodes at Day Dawn Project
Aug 2, 2026
Hamelin Gold has reported further high-grade gold intercepts from its maiden reverse circulation drill program at the Day Dawn project in Western Australia, defining two distinct lodes at the Aurora prospect. The Upper Aurora Lode hosts most near-...
Hamelin Gold advances multi-province drilling with high-grade hits at Day Dawn
Jul 29, 2026
Hamelin Gold Limited reported active drilling programs across its key gold projects in Western Australia’s premier gold provinces for the quarter ended 30 June 2026. The company’s exploration focus remains on advancing the Day Dawn, Ve...
Hamelin Gold Reaffirms Day Dawn Project Exploration Data in Investor Update
Jul 21, 2026
Hamelin Gold Limited has issued an investor update on its Day Dawn Project, highlighting recent exploration activity and associated technical results. The release, approved by the company’s board, underscores that exploration data and interp...
Hamelin Gold Cancels 1.1 Million Employee Options, Trimming Future Dilution
Jun 29, 2026
Hamelin Gold Limited has cancelled 1,100,000 employee options, comprising 1,000,000 options that expired without being exercised and 100,000 options following the termination of an employee. The company will lodge the required notice of these secu...
Hamelin Gold Secures Day Dawn Tenement and Drilling Grant Near Telfer Mine
May 6, 2026
Hamelin Gold has secured the Day Dawn exploration licence, a ~20 square kilometre gold project located about 10 kilometres northwest of the Telfer gold-copper mine in Western Australia’s Paterson Province. The company has reinterpreted histo...
Hamelin Gold Updates Market on Managing Director’s Change in Securities Holdings
May 5, 2026
Hamelin Gold Limited has disclosed a change in the relevant interests of Managing Director and CEO Peter Bewick in the company’s securities. The notice details adjustments to his direct and indirect holdings of ordinary shares and options, i...
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.