TipRanks
Go Ultimate55% OFF

Heavy Rare Earths Limited (HRE) AI Stock Analysis

AU:HRE

Heavy Rare Earths Limited

(ASX:HRE)

Select Model
Rating:44Neutral
Price Target:AUD 0.03â–¼(-12.12% Downside)
Action:reiterated
Date:10/13/26

Weak financial performance from sustained losses and cash burn is the dominant factor, with mixed technical signals and poor valuation providing limited support.

Positive Factors
Debt-free balance sheetA debt-free balance sheet avoids scheduled interest and principal obligations, reducing financial strain while the company remains loss-making. This provides greater flexibility than a similarly unprofitable leveraged business, although continued losses could still require additional funding.
Negative Factors
Inconsistent and absent revenueAn inconsistent revenue base, including a zero latest annual result, indicates that the business has not yet demonstrated dependable commercial traction. Without recurring sales, operating costs cannot be covered consistently and future profitability remains difficult to establish.

Heavy Rare Earths Limited (HRE) vs. iShares MSCI Australia ETF (EWA)

-60%-40%-20%0%20%40%60%AU:HRE-18.92%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 8.41M
Dividend Yield
―
Average Volume (3M)
213.26K
Price to Earnings (P/E)
-3.8
Beta (1Y)
0.73
Revenue Growth
―
EPS Growth
66.06%
Country
Australia
Employees
0
Sector
Energy
Sector Strength
65
Industry
Uranium

Heavy Rare Earths Limited Business Overview & Revenue Model

Company Description

Heavy Rare Earths Limited is an enterprise primarily focused on the discovery and development of rare earth mineral resources, conducting its exploration activities across Western Australia and the Northern Territory. The company possesses an exclusi...

How the Company Makes Money

null

Heavy Rare Earths Limited Financial Statement Overview

Summary

Minimal inconsistent revenue, persistent large net losses, and negative cash flows reflect weak performance, partially offset by a debt-free balance sheet offering limited stability.

Income Statement

18Very Negative

Balance Sheet

52Neutral

Cash Flow

22Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue0089.73K312.17K00
Gross Profit0089.73K312.17K00
EBITDA-1.65M-1.65M0394364-256
Net Income-1.61M-1.61M-3.22M-1.31M-1.79M-355.00K
Balance Sheet
Total Assets607.00K607.00K1.99M1.02M5.56M960.24K
Cash, Cash Equivalents and Short-Term Investments459.33K459.33K1.94M957.59K2.12M141.39K
Total Debt000000
Total Liabilities253.52K253.52K148.33K290.11K173.52K264.53K
Stockholders Equity353.48K353.48K1.84M730.53K5.39M695.71K
Cash Flow
Free Cash Flow-1.48M-1.48M-1.43M-1.17M-3.60M-768.97K
Operating Cash Flow-1.42M-1.42M-1.43M-1.17M-3.60M-237.62K
Investing Cash Flow-57.51K-57.51K-6,96200-531.35K
Financing Cash Flow002.41M1505.58M882.08K

Heavy Rare Earths Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.03

Price Trends

50DMA0.04Negative
100DMA0.04Negative
200DMA0.03Negative

Market Momentum

MACD-0.00Negative
RSI43.30Neutral
STOCH55.56Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HRE, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 43.30 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HRE.

Heavy Rare Earths Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

AU:HRE against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
AU:HTMAU:HTM47NeutralAUD 26.85M-14.24-13.41%――37.54%
AU:EV1AU:EV145NeutralAUD 6.53M-2.58-27.88%――70.75%
AU:HREAU:HRE44NeutralAUD 8.41M-3.85-232.72%――66.06%
AU:REEAU:REE42NeutralAUD 10.95M-2.37-83.24%――-9.30%
AU:CMGAU:CMG40UnderperformAUD 8.40M-1.61-85.01%――-9.35%
AU:EVGAU:EVG38UnderperformAUD 11.33M-3.25-24.49%――58.33%

* Energy Sector Average

Performance Comparison

-50%0%50%100%AU:HREAU:EV1AU:REEAU:EVGAU:CMGAU:HTMDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:HRE and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:HREHeavy Rare Earths Limited0.03-0.01-21.05%
AU:EV1Evolution Energy Minerals Limited0.01-0.00-9.09%
AU:REERareX Limited0.01-0.03-73.68%
AU:EVGBlackEarth Minerals NL0.01-0.02-59.38%
AU:CMGCritical Minerals Group Ltd.0.06-0.11-63.53%
AU:HTMHigh-Tech Metals Limited0.26-0.03-8.93%

Heavy Rare Earths Limited Corporate Events

Heavy Rare Earths expands Subron footprint and advances SA drilling with fresh funding

Oct 28, 2026

Heavy Rare Earths Limited has completed a strategic review confirming its Subron project as one of the highest heavy rare earth oxide ratio residual clay deposits of its type, underpinned by a 159Mt JORC Inferred Resource grading 870ppm TREO. The com...

Heavy Rare Earths Wins WA Grant for Deeper Subron Drilling

Oct 27, 2026

Heavy Rare Earths Limited has secured a Western Australian Exploration Incentive Scheme grant to co-fund a A$150,000 reverse circulation drilling program at its Subron rare earths project. The initiative aims to test deeper, xenotime-bearing structur...

Heavy Rare Earths sets 2026 AGM, urges online proxy voting

Oct 25, 2026

Heavy Rare Earths Limited has scheduled its 2026 Annual General Meeting for 25 November 2026 in Melbourne, advising shareholders that the Notice of Meeting will be available online in line with Australian corporate law provisions on electronic commun...

Heavy Rare Earths Director Increases Stake Through Share Placement

Oct 8, 2026

Heavy Rare Earths Limited has reported a change in Director Gabriel Chiappini’s interests following his participation, directly and indirectly through a family account, in a recent capital placement. The transaction increased his indirect holdi...

Heavy Rare Earths clears new share placement with cleansing notice

Oct 8, 2026

Heavy Rare Earths Limited has issued 15,428,571 fully paid ordinary shares under a placement, expanding its share capital in line with an equity raising previously announced to the market. The company confirmed the new shares were issued without a pr...

Heavy Rare Earths Limited Seeks ASX Quotation for 5 Million New Options

Oct 7, 2026

Heavy Rare Earths Limited has lodged an application with the ASX for quotation of 5,000,000 options under the code HREO, each expiring on February 26, 2028. The options were issued as part of transactions previously notified to the market, and their...

Heavy Rare Earths Seeks ASX Quotation for New Shares and Options

Oct 7, 2026

Heavy Rare Earths Limited has applied for quotation on the ASX of nearly 29 million new ordinary fully paid shares alongside roughly 30 million options expiring in February 2028. The move significantly expands its listed securities base, potentially...

Heavy Rare Earths Sets November 2026 AGM and Director Nomination Deadline

Oct 7, 2026

Heavy Rare Earths Limited has scheduled its Annual General Meeting for 25 November 2026, in line with ASX listing requirements. The meeting will address key governance matters, including the re-election and appointment of directors, underscoring the...

Heavy Rare Earths Shares Reinstated to Trading on ASX

Oct 4, 2026

Heavy Rare Earths Limited has had its securities, trading under code HREO, reinstated to quotation on the ASX following confirmation of compliance with Listing Rule 2.5. The move restores normal trading in the company’s shares, signalling that...

Heavy Rare Earths Secures ASX Quotation for New Options After Entitlement Offer

Oct 2, 2026

Heavy Rare Earths Limited has completed a non-renounceable pro rata entitlement offer of one new share for every eight held, with investors receiving one free attaching option for every two new shares subscribed. Following the close of the offer in l...

Heavy Rare Earths Expands ASX-Quoted Securities with New Shares and Options

Oct 2, 2026

Heavy Rare Earths Limited, an Australian Securities Exchange-listed rare earths explorer, focuses on identifying and developing deposits of heavy rare earth elements for technology and industrial customers. The company operates within the critical mi...

Heavy Rare Earths shareholders back capital-raising resolutions at extraordinary meeting

Oct 1, 2026

Heavy Rare Earths Limited has reported the voting results from its extraordinary general meeting held on 1 October 2026, where all resolutions were passed by poll with strong shareholder support. Investors approved the ratification of an earlier tran...

Heavy Rare Earths Targets High-Grade Resource Upgrade at Subron

Oct 1, 2026

Heavy Rare Earths Limited is an Australian explorer focused on heavy rare earths and critical minerals, with its Subron project in south-central Western Australia hosting a substantial JORC-compliant TREO resource. The company aims to refine this ass...

Heavy Rare Earths Lodges Updated ASX Corporate Governance Statement

Sep 30, 2026

Heavy Rare Earths Ltd has lodged its corporate governance statement for the year ended 30 June 2026, confirming board approval as at 30 September 2026 and publishing the document on its website. The statement sets out the company’s adherence to...

Heavy Rare Earths Updates Corporate Governance Disclosure

Sep 30, 2026

Heavy Rare Earths Limited is an Australian rare earths exploration and development company listed on the ASX under the code HRE, with its principal operations based in Melbourne. The company operates within the critical minerals sector that supplies...

Heavy Rare Earths Raises $348k in Entitlement Offer to Fund Critical Minerals Drilling

Sep 30, 2026

Heavy Rare Earths Limited has raised about $348,000 through a non‑renounceable pro rata entitlement offer of new shares and free‑attaching options, with eligible shareholders fully allocated both entitlement and top‑up securities. T...

ASX Suspends Heavy Rare Earths’ HREO Securities Pending Compliance

Sep 28, 2026

Heavy Rare Earths Limited has had its HREO security class suspended from quotation on the ASX under Listing Rule 17.3.4, with the halt to remain in place until the company complies with Listing Rule 2.5. The suspension is restricted to the HREO class...

Heavy Rare Earths Issues 4.5 Million Performance Rights Under Incentive Plan

Sep 4, 2026

Heavy Rare Earths Limited, an ASX-listed rare earths explorer and developer, targets heavy rare earth elements used in advanced technology and clean-energy industries. Its activities place the company in a strategically important segment of the minin...

Heavy Rare Earths Sets October Extraordinary Meeting, Pushes Digital Proxy Voting

Sep 1, 2026

Heavy Rare Earths Limited has called an extraordinary general meeting of shareholders for 1 October 2026 in Melbourne, with formal business details available via the ASX announcements platform instead of physical mailings. The company is urging share...

Heavy Rare Earths Calls Extraordinary Meeting to Approve Major Share Placements

Sep 1, 2026

Heavy Rare Earths Limited has called an extraordinary general meeting for 1 October 2026 in Melbourne, setting 29 September 2026 as the record date for shareholders eligible to vote. The meeting will consider resolutions to ratify a prior placement o...

Heavy Rare Earths Launches Entitlement Offer With Free-Attaching Options

Aug 27, 2026

Heavy Rare Earths Limited has commenced the dispatch of its prospectus and personalised entitlement and acceptance forms for a non-renounceable pro rata entitlement offer to eligible shareholders, in line with its previously announced timetable. Elig...

Heavy Rare Earths Clears New Share Placement With Section 708A Notice

Aug 26, 2026

Heavy Rare Earths Limited has issued 31,000,000 fully paid ordinary shares under a previously announced placement, expanding its share base to support ongoing exploration and development activities. The issuance was conducted without a prospectus, wi...

Heavy Rare Earths Seeks ASX Quotation for 31 Million New Shares

Aug 26, 2026

Heavy Rare Earths Limited has applied for quotation on the ASX of 31 million new ordinary fully paid shares, expanding its listed securities base under the ticker HRE. The issuance, lodged via an Appendix 2A, signals a material increase in the compan...

Heavy Rare Earths triples Subron footprint to capture high-grade rare earth targets

Aug 17, 2026

Heavy Rare Earths Limited has expanded its Subron Rare Earths Project in Western Australia by securing two additional contiguous tenement applications, increasing its landholding by 268% to 562 square kilometres. The move captures interpreted strike...

Heavy Rare Earths Updates Timetable for Entitlement Offer

Aug 14, 2026

Heavy Rare Earths Limited has updated its proposed securities issuance, lodging an amended Appendix 3B with the ASX to reflect changes to the timetable for its non-renounceable entitlement offer. The update relates to an earlier announcement made on...

Heavy Rare Earths Updates Timetable for Entitlement Offer and Placement

Aug 14, 2026

Heavy Rare Earths Limited has updated the timetable for its previously announced non-renounceable entitlement offer, which is intended to raise up to $728,119 before costs. The revised schedule adjusts the ex-date and record date, and sets out key mi...

Heavy Rare Earths updates market on high‑grade Subron project

Aug 12, 2026

Heavy Rare Earths Limited has issued a market update on its Subron Heavy Rare Earths Project in Western Australia, highlighting high‑grade heavy rare earth oxide domains with HREO:TREO ratios above 38%. The company emphasises that the document...

Heavy Rare Earths plans major equity raising via pro rata offer and placement

Aug 5, 2026

Heavy Rare Earths Limited has lodged details of a proposed capital raising with the ASX that combines a non-renounceable pro rata issue with a separate placement. The pro rata offer will comprise up to 26,004,235 new ordinary shares and 13,002,118 op...

Heavy Rare Earths plans new ASX-quoted options issue to support growth

Aug 5, 2026

Heavy Rare Earths Limited has notified the ASX of a proposed issue of up to 5 million new options as part of a placement or similar capital-raising initiative. The options, with an exercise price of $0.06 and an expiry date of 26 February 2028, are e...

Heavy Rare Earths Limited launches $2.0m capital raising to fund drilling and project review

Aug 5, 2026

Heavy Rare Earths Limited has launched a capital raising of up to $2.028 million via a $1.3 million share placement and a non-renounceable entitlement offer of up to about $728,000, both priced at $0.028 per share and accompanied by free attaching op...

Heavy Rare Earths Seeks Trading Halt Ahead of Capital Raising Announcement

Aug 2, 2026

Heavy Rare Earths Limited has requested and received a trading halt on its ordinary shares on the ASX, with the halt implemented by ASX Compliance from 3 August 2026. The company said the halt is needed to manage its continuous disclosure obligations...

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 13, 2026