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Hamelin Gold Limited (HMG) AI Stock Analysis
Hamelin Gold Limited
(ASX:HMG)
The overall score reflects a loss-making, cash-burning exploration business supported by a clean, debt-free balance sheet, with moderately positive technical trends but weak traditional valuation metrics.
Hamelin Gold Limited (HMG) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 36.69M
- Dividend Yield
- ―
- Average Volume (3M)
- 426.44K
- Price to Earnings (P/E)
- -22.0
- Beta (1Y)
- 1.67
- Revenue Growth
- ―
- EPS Growth
- 80.82%
- Country
- Australia
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
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 substant...
Hamelin Gold Limited Financial Statement Overview
Summary
Financial performance is weak due to persistent net losses, lack of operating revenue, and consistently negative operating and free cash flows, partly offset by a debt-free, equity-funded balance sheet.
Income Statement
32NegativeBalance Sheet
68PositiveCash Flow
30Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 5,080 | 0 |
| Gross Profit | -75.45K | -75.45K | -108.06K | -146.63K | -88.22K | -15.00K |
| EBITDA | -1.28M | -1.28M | -7.16M | -1.18M | -901.05K | -1.28M |
| Net Income | -1.67M | -1.67M | -7.27M | -1.33M | -994.35K | -1.30M |
Balance Sheet | ||||||
| Total Assets | 18.19M | 18.19M | 19.34M | 23.75M | 24.93M | 21.58M |
| Cash, Cash Equivalents and Short-Term Investments | 2.68M | 2.68M | 4.94M | 4.96M | 7.75M | 7.16M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 755.51K | 755.51K | 458.38K | 489.13K | 442.30K | 903.84K |
| Stockholders Equity | 17.43M | 17.43M | 18.89M | 23.26M | 24.49M | 20.68M |
Cash Flow | ||||||
| Free Cash Flow | -3.45M | -842.66K | -662.30K | -3.87M | -4.63M | -2.15M |
| Operating Cash Flow | -841.34K | -841.34K | -662.30K | -561.38K | -629.06K | -404.09K |
| Investing Cash Flow | -1.57M | -1.57M | -2.03M | -2.21M | -3.41M | -1.68M |
| Financing Cash Flow | 0 | 0 | 2.67M | -11.43K | 4.62M | 9.20M |
Hamelin Gold Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HMG, the sentiment is Negative. The current price of 0.18 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.22, and above the 200-day MA of 0.15, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 40.36 is Neutral, neither overbought nor oversold. The STOCH value of 76.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HMG.
Hamelin Gold Limited Peers Comparison
Overall Rating
AU:AHK56Neutral
AU:HMG50.5Neutral
AU:LAT46Neutral
AU:CVR44Neutral
AU:WMG36Underperform
AU:MVL29Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| 56Neutral | AUD 19.53M | 21.95 | 11.00% | ― | ― | ― | |
| 51Neutral | AUD 46.23M | -22.02 | -9.39% | ― | ― | 80.82% | |
| 46Neutral | AUD 20.03M | 11.04 | 8.33% | ― | ― | ― | |
| 44Neutral | AUD 17.07M | -13.61 | -11.59% | ― | ― | -47.00% | |
| 36Underperform | AUD 20.21M | -4.77 | -24.14% | ― | ― | -36.53% | |
| 29Underperform | AUD 18.85M | -11.82 | -50.22% | ― | ― | 53.85% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:HMG | Hamelin Gold Limited | 0.18 | 0.10 | 131.25% | |
| AU:WMG | Western Mines Group Ltd | 0.15 | -0.11 | -40.38% | |
| AU:AHK | ARK Mines Ltd | 0.27 | -0.37 | -57.81% | |
| AU:LAT | DiscovEx Resources Limited | 0.11 | 0.05 | 89.66% | |
| AU:MVL | Marvel Gold Ltd. | 0.01 | -0.00 | -23.53% | |
| AU:CVR | Cavalier Resources Limited | 0.20 | -0.24 | -54.55% |
Hamelin Gold Limited Corporate Events
Hamelin Gold Shifts AGM Materials and Voting to Digital Channels
Hamelin Gold Limited has scheduled its 2026 Annual General Meeting for 26 November in Crawley, Western Australia, and is aligning its shareholder communications with recent legislative changes. The company will no longer routinely send physical meeti...
Hamelin Gold Starts Maiden Diamond Drilling at Day Dawn Project
Hamelin Gold has begun its maiden diamond drilling program at the Day Dawn Gold Project in Western Australia’s Paterson Province, marking a key step in assessing the depth potential of the Aurora lodes. The campaign will comprise about 16 holes...
Hamelin Gold Updates Director’s Shareholding After Placement
Hamelin Gold Limited, an ASX-listed Australian gold exploration company, has disclosed changes in director Will Robinson’s interests in company securities following the issuance of placement shares approved by shareholders.The revised holdings,...
Hamelin Gold Issues 1 Million Unquoted Options in Targeted Incentive Move
Hamelin Gold Limited is an ASX-listed gold exploration and development company operating in the mining sector. Trading under ticker HMG, it utilizes unquoted equity securities as part of its capital structure and incentive programs, reflecting a focu...
Hamelin Gold Lists Additional Shares on ASX to Bolster Capital Base
Hamelin Gold Limited has applied for quotation of 2,005,709 new ordinary fully paid shares on the ASX, with an issue date of October 12, 2026. The additional securities, issued under previously announced transactions, modestly expand the company̵...
Hamelin Gold Completes Second Tranche of Share Placement to Fund Exploration
Hamelin Gold has completed the second tranche of a share placement, issuing just over two million new shares to directors and related parties at AU$0.16 per share following shareholder approval. The capital raised is earmarked primarily for explorati...
Hamelin Gold shareholders back capital raisings and director participation
Hamelin Gold Limited has reported that all resolutions put to shareholders at its 12 October 2026 general meeting were passed by poll, reflecting strong investor support for recent capital management initiatives. The meeting approved the ratification...
Hamelin Gold ramps up WA exploration on high-grade drill hits and fresh funding
Hamelin Gold reported strong exploration progress across its Western Australian gold portfolio for the quarter to 30 September 2026, highlighted by high-grade drill results at the Day Dawn Project in the Paterson Province. Phase 1 reverse circulation...
Hamelin Gold Releases 2026 Consolidated Financial Statements
Hamelin Gold Limited has released its consolidated financial statements for the year ended 30 June 2026, detailing the company’s profit or loss, financial position, changes in equity, and cash flows. The package includes directors’ and au...
Hamelin Gold Ramps Up Drilling to Test Depth Potential at Day Dawn Project
Hamelin Gold Limited, an Australian gold explorer, is advancing its Day Dawn Gold Project in the Paterson Province of Western Australia, about 10 km northwest of the +20 Moz Telfer gold-copper mine. The project targets steep feeder-style lodes and st...
Hamelin Gold Sets Date and Nomination Deadline for 2026 AGM
Hamelin Gold Limited has scheduled its 2026 Annual General Meeting for 26 November 2026 at 11:00am AWST, aligning with ASX listing rules and corporate governance obligations. The meeting will include the election of directors, underscoring the compan...
Hamelin Gold Seeks ASX Quotation for Nearly 50 Million New Shares
Hamelin Gold Limited has applied for quotation on the ASX of 49,575,892 new ordinary fully paid shares under the code HMG, with an issue date of August 24, 2026. The additional securities, issued as part of previously announced transactions, will exp...
Hamelin Gold completes first tranche of placement to fund WA exploration
Hamelin Gold Limited has completed the first tranche of a share placement, issuing 49,575,892 new shares under ASX Listing Rules 7.1 and 7.1A. The net proceeds will be directed towards exploration programs at its 100% owned Day Dawn, Venus, West Tana...
Hamelin Gold Plans Major Share and Option Placement to Bolster Capital
Hamelin Gold Limited has lodged a notice with the ASX outlining a proposed issue of securities, comprising up to 51,581,601 new fully paid ordinary shares and 1,000,000 unlisted options exercisable at $0.30, expiring 24 months from the date of issue....
Hamelin Gold Raises A$8m to Fast-Track WA Exploration Programs
Hamelin Gold Limited has secured firm commitments to raise approximately A$8 million via a share placement priced at A$0.16 per share, with strong participation from major shareholders Gold Fields Limited and Vault Minerals Limited. Following the pla...
Hamelin Gold Starts Phase 2 Drilling to Expand High-Grade Day Dawn Discovery
Hamelin Gold has commenced a more than 3,000 metre Phase 2 reverse circulation drilling program at its Day Dawn Gold Project in Western Australia, targeting down-plunge extensions of the high-grade Aurora Lode and potential parallel lode repetitions....
Hamelin Gold outlines maiden Day Dawn drill campaign with emphasis on regulatory compliance
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 by...
Hamelin Gold Defines Multiple High-Grade Lodes at Day Dawn Project
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-sur...
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: Sep 29, 2026