Heavy Minerals Ltd stock analysis
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Heavy Minerals Ltd (HVY) Share Price & Analysis
HVY Stock Chart & Stats
- Day’s Range
- AUD 0.31 - AUD 0.31
- 52-Week Range
- AUD 0.27 - AUD 0.70
- Previous Close
- AUD 0.31
- Volume
- N/A
- Average Volume (3M)
- 27.98K
- Market Cap
- AUD 22.88M
- Enterprise Value
- AUD 31.86M
- Total Cash (Recent Filing)
- AUD 35.72K
- Total Debt (Recent Filing)
- AUD 3.59M
- Price to Earnings (P/E)
- ―
- Beta
- 1.17
- Next Earnings
- Mar 12, 2027 (Est.)
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Defined Mineral Sands Focus
Exposure to heavy mineral sands gives HVY a defined exploration proposition tied to ilmenite, rutile and zircon applications in pigments, titanium metal and industry. If deposits are delineated, these end uses provide a clear commercial rationale for advancing projects.
Project Advancement Pathway
HVY is progressing drilling, sampling and metallurgical assessment across its tenements, creating a pathway from discovery to project evaluation and potential development or monetisation. This structured work program can build project value as technical understanding improves.
Positive Equity And Stable Assets
Despite financial pressure, the latest balance sheet still shows positive equity of $1.06M and assets broadly stable around $5.3M in 2025–2026. Maintaining an asset base and positive net worth provides some foundation for continued evaluation, even though leverage is rising.
Bears Say
Persistent Losses And Zero Revenue
Recurring operating and net losses through 2021–2026, combined with revenue falling to zero in 2026, show that HVY has not yet established a reliable or scalable earnings base. This weakens internal funding capacity and makes progress dependent on project success or outside capital.
Ongoing Cash Burn
Operating cash flow stayed negative in every year shown, while free cash flow also remained negative, including -$0.67M in 2026. Continued cash burn means exploration and corporate costs are not self-funded, increasing the need for financing over the medium term.
Rising Debt And Shrinking Equity
Debt rose from zero in 2022–2023 to $3.59M in 2026 as equity fell to $1.06M. This combination reduces financial flexibility and increases funding risk, because ongoing losses leave less internal capacity to service obligations or fund exploration.
Heavy Minerals Ltd News
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Heavy Minerals Ltd Stock Smart Score
Company Description
Heavy Minerals Ltd
Heavy Minerals Limited, established in 2021 and based in Perth, Australia, specializes in the exploration and development of mineral resource projects. Their operations span both Western Australia and Mozambique, focusing on unearthing deposits of industrial garnet, ilmenite, zircon, leucoxene, and rutile. A cornerstone of their portfolio is the Port Gregory Garnet project, an extensive site in Western Australia covering around 227 square kilometers. The company also holds stakes in other notable ventures, including the Red Hill Prospect located near Geraldton, and the Inhambane Project in Mozambique.
- Sector
- Basicmaterials
- Industry
- Industrial Materials
- CEO
- Christopher Adam-Siddons Schofield
- Employees
- 0
- Website
- www.heavyminerals.com
- Address
- 106 Robinson Avenue, Belmont, WA, 6104, AU
Heavy Minerals Ltd (HVY) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 9 | 6 | 7 |
| Technical Analysis | 3 | 6 | 1 |
| Moving Averages | 6 | 0 | 6 |










