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Hamelin Gold Limited
(Sydney:HMG)
Hamelin Gold Limited (HMG) vs. iShares MSCI Australia ETF (EWA)
Hamelin Gold Limited Business Overview & Revenue Model
Hamelin Gold Limited Financial Statement Overview
| Breakdown | ||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 5.08K | 0.00 | 0.00 | Gross Profit |
| -74.75K | -146.63K | -88.22K | -15.00K | 0.00 | EBIT |
| -4.22M | -940.18K | -1.05M | -1.30M | ― | EBITDA |
| -4.22M | -1.18M | -901.05K | -1.28M | 0.00 | Net Income Common Stockholders |
| -4.64M | -1.33M | -994.35K | -1.30M | ― |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 4.91M | 4.96M | 7.75M | 7.11M | 9.19M | Total Assets |
| 23.75M | 23.75M | 24.93M | 21.58M | 21.32M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 66.88K | Net Debt |
| -4.91M | -4.91M | -3.20M | -7.11M | -9.12M | Total Liabilities |
| 489.13K | 489.13K | 442.30K | 903.84K | 182.73K | Stockholders Equity |
| 23.26M | 23.26M | 24.49M | 20.68M | 21.14M |
| Cash Flow | Free Cash Flow | |||
| -2.87M | -3.87M | -4.63M | -2.15M | 0.00 | Operating Cash Flow |
| -602.35K | -561.38K | -629.06K | -404.09K | 0.00 | Investing Cash Flow |
| -1.28M | -2.21M | -3.41M | -1.68M | 0.00 | Financing Cash Flow |
| 0.00 | -11.43K | 4.62M | 9.20M | 0.00 |
Hamelin Gold Limited Technical Analysis
Hamelin Gold Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
50 Neutral | $2.00B | -1.13 | -21.16% | 3.71% | 2.15% | -30.95% | |
43 Neutral | AU$13.58M | ― | -21.33% | ― | ― | -355.38% | |
| $18.84B | 23.46 | 11.01% | 2.58% | ― | ― | ||
| $11.24B | 24.91 | 16.97% | 1.36% | ― | ― | ||
| $2.38B | ― | -0.38% | ― | ― | ― | ||
| $2.06B | 8.74 | 26.42% | 3.00% | ― | ― |
Hamelin Gold Limited Corporate Events
Hamelin Gold Limited (HMG) has experienced a change in the interests of its substantial holders, Vault Minerals Limited and Silver Lake Resources Limited. The change involves a dilution in voting power due to the issuance of new ordinary shares by HMG, affecting the voting power of these substantial holders.
Hamelin Gold Limited has completed a 26-hole RC drill program at the Ularring project and plans further drilling at the Fremlins South and Jazz prospects, supported by the WA Government’s Exploration Incentive Scheme. The company is also raising additional funds to accelerate exploration activities, reflecting its commitment to expanding its gold exploration efforts in Western Australia.
Hamelin Gold Limited has been awarded co-funded drilling and geophysics grants under the Western Australian Government’s Exploration Incentive Scheme for its West Tanami Project. This funding will support the company’s exploration efforts, including RC and diamond drilling, as well as an airborne electromagnetic survey targeting mineralization in the Tanami region, which is known for its potential for large scale gold and base metal deposits.
Hamelin Gold Limited has announced the quotation of 38,775,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of April 15, 2025. This move is part of a previously announced transaction, indicating the company’s strategic efforts to strengthen its financial position and expand its operations, potentially increasing its appeal to investors and stakeholders in the gold mining industry.
Hamelin Gold Limited has completed the first tranche of its share placement, issuing a total of 38,775,000 shares to fund drilling and geochemical activities at its West Tanami and Yilgarn Gold Projects. This placement increases Gold Fields Limited’s stake in Hamelin to approximately 17.8%, with further shares to be issued to directors pending shareholder approval. The capital raised will bolster Hamelin’s exploration efforts, potentially enhancing its market position and stakeholder value.
Hamelin Gold Limited has announced a proposed issue of securities, which includes the issuance of 2,000,000 unlisted options exercisable at $0.15 and expiring 24 months from the date of issue, along with 40,203,571 fully paid ordinary shares. This move is part of a placement or other type of issue, scheduled for April 15, 2025, and is aimed at raising capital to support the company’s operations and strategic initiatives. The issuance of these securities could potentially strengthen Hamelin Gold’s financial position and enhance its ability to pursue growth opportunities in the gold mining sector.
Hamelin Gold Limited has secured firm commitments for a $2.8 million placement to accelerate its gold exploration programs in Western Australia. This funding, supported by major shareholder Gold Fields Limited, will enable Hamelin to undertake extensive drilling and geochemical sampling across its West Tanami and Yilgarn projects, positioning the company for significant advancements in its exploration efforts.
Hamelin Gold Limited has requested a trading halt on its securities pending an announcement about a proposed capital raising. This move is expected to impact the company’s operations by potentially increasing its capital base, which could enhance its market positioning and provide new opportunities for stakeholders.
Hamelin Gold Limited has initiated a 2,000-meter reverse circulation (RC) drilling program at its Ularring gold project, located in the Yilgarn district of Western Australia. This project aims to explore a 500-meter long gold anomaly using advanced analytical techniques, with initial assay results expected in May 2025. The drilling is significant as it targets potential bedrock gold mineralization in a region associated with multiple gold deposits, potentially enhancing Hamelin’s resource base and market position.
Hamelin Gold Limited released its interim consolidated financial report for the half-year ended December 31, 2024. The report provides insights into the company’s financial performance, including statements of profit, financial position, and cash flows, which are crucial for stakeholders to assess the company’s operational health and future prospects.
Hamelin Gold Limited has released an investor update detailing its ongoing efforts in gold exploration, particularly highlighting recent soil sampling activities. The announcement emphasizes the company’s commitment to advancing its exploration projects, which could potentially enhance its market position and benefit stakeholders by uncovering valuable mineral resources.
Hamelin Gold Limited has announced the identification of a discrete gold anomaly through soil sampling at its Ularring Gold Project, located 130 kilometers northwest of Kalgoorlie. This new finding defines a clear drill target over a 500-meter strike within a largely under-explored segment of the Ida Fault Zone, a region associated with multiple gold deposits. The company plans to commence an aircore drilling program in March 2025, aiming to further explore the potential of this anomaly, which could enhance its operational impact and strengthen its position in the gold mining sector.