Want to see AU:HVY full AI Analyst Report?
Heavy Minerals Ltd (HVY) AI Stock Analysis
Heavy Minerals Ltd
(ASX:HVY)
The overall score is driven primarily by Heavy Minerals Ltd’s weak financial position, with zero recent revenue, deep losses, and negative cash flows creating significant execution and funding risk, while neutral‑to‑slightly bearish technical signals and a loss‑making, non‑income‑producing valuation provide only limited support for the shares at current levels.
Heavy Minerals Ltd (HVY) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 20.79M
- Dividend Yield
- ―
- Average Volume (3M)
- 53.82K
- Price to Earnings (P/E)
- -6.9
- Beta (1Y)
- 1.18
- Revenue Growth
- ―
- EPS Growth
- -81.45%
- Country
- Australia
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Heavy Minerals Ltd Business Overview & Revenue Model
Company Description
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 in...
Heavy Minerals Ltd Financial Statement Overview
Summary
Heavy Minerals Ltd shows tiny and recently zero revenues, persistent and widening losses, rising leverage, and consistently negative operating and free cash flows, indicating a weak and high‑risk financial profile despite a growing asset base and still‑positive equity.
Income Statement
22NegativeBalance Sheet
35NegativeCash Flow
27Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 44.13K | 40.17K | 27.34K | 8,802 |
| Gross Profit | -80.68K | -80.68K | 44.13K | 40.17K | 7,231 | 6,757 |
| EBITDA | -2.77M | -2.77M | -1.38M | -1.05M | -1.15M | -1.05M |
| Net Income | -2.84M | -2.84M | -1.48M | -1.15M | -1.17M | -1.05M |
Balance Sheet | ||||||
| Total Assets | 5.36M | 5.36M | 5.31M | 4.40M | 3.54M | 4.47M |
| Cash, Cash Equivalents and Short-Term Investments | 35.72K | 35.72K | 33.17K | 47.48K | 319.90K | 2.41M |
| Total Debt | 3.59M | 3.59M | 2.36M | 853.39K | 0 | 0 |
| Total Liabilities | 4.34M | 4.34M | 2.97M | 1.19M | 76.03K | 129.07K |
| Stockholders Equity | 1.06M | 1.06M | 2.37M | 3.26M | 3.51M | 4.39M |
Cash Flow | ||||||
| Free Cash Flow | -666.68K | -666.68K | -1.71M | -1.38M | -2.09M | -2.76M |
| Operating Cash Flow | -666.68K | -666.68K | -721.70K | -616.66K | -866.26K | -1.36M |
| Investing Cash Flow | -770.41K | -770.41K | -991.53K | -766.12K | 279.28K | -2.90M |
| Financing Cash Flow | 1.44M | 1.44M | 1.70M | 1.11M | -4,746 | 5.14M |
Heavy Minerals Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HVY, the sentiment is Negative. The current price of 0.28 is below the 20-day moving average (MA) of 0.31, below the 50-day MA of 0.33, and below the 200-day MA of 0.44, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 35.03 is Neutral, neither overbought nor oversold. The STOCH value of 19.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HVY.
Heavy Minerals Ltd Peers Comparison
Overall Rating
AU:IMA48Neutral
AU:TSL45Neutral- AU:HVY45Neutral
AU:VRX44Neutral
AU:IND41Neutral
AU:SFX39Underperform
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% |
| AU:IMA | 48Neutral | AUD 21.19M | -0.23 | -943.96% | ― | 397.37% | -578.07% |
| AU:TSL | 45Neutral | AUD 15.24M | -12.00 | -8.30% | ― | ― | -40.00% |
| AU:HVY | 45Neutral | AUD 20.42M | -6.86 | -163.69% | ― | ― | -81.45% |
| AU:VRX | 44Neutral | AUD 31.50M | -5.66 | -20.81% | ― | ― | -20.45% |
| AU:IND | 41Neutral | AUD 15.94M | -11.95 | -20.00% | ― | ― | 72.94% |
| AU:SFX | 39Underperform | AUD 15.45M | -0.28 | -63.22% | ― | ― | -138.28% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:HVY | Heavy Minerals Ltd | 0.28 | -0.18 | -39.56% | |
| AU:SFX | Sheffield Resources Limited | 0.04 | -0.08 | -68.70% | |
| AU:TSL | Titanium Sands Ltd. | 0.01 | 0.00 | 0.00% | |
| AU:IMA | Image Resources NL | 0.02 | -0.06 | -77.33% | |
| AU:VRX | VRX Silica Ltd. | 0.03 | -0.06 | -66.29% | |
| AU:IND | Industrial Minerals Limited | 0.10 | -0.05 | -34.67% |
Heavy Minerals Ltd Corporate Events
Heavy Minerals Ltd plans new performance rights issue to support long-term incentives
Heavy Minerals Ltd has notified the ASX of a proposed issue of 6,750,000 unquoted performance rights, which will expire four years from the grant date and are subject to vesting conditions. The rights, to be issued on 1 December 2026 as part of a pla...
Heavy Minerals Sets November AGM, Moves to Electronic Meeting Materials
Heavy Minerals Limited has called its Annual General Meeting for shareholders to be held in Perth at 11:30 a.m. AWST on 30 November 2026, outlining the logistical details for attendance and participation. The company is shifting to electronic distrib...
Heavy Minerals Sets November AGM to Consider Governance and Capital Flexibility
Heavy Minerals Ltd has called its annual general meeting for 30 November 2026 in Perth, where shareholders will review the annual report for the year ended 30 June 2026, including financial, directors’, remuneration and audit disclosures. While...
Heavy Minerals Sets AGM Date as Garnet Projects Advance
Heavy Minerals Limited has scheduled its 2026 Annual General Meeting for 30 November 2026, with a formal notice to be released to shareholders later in October. The meeting date underscores routine corporate governance processes as the company advanc...
Heavy Minerals Director Realigns Equity Holdings Through Share Conversion
Heavy Minerals Limited has reported a change in the shareholdings of director Christopher Adam Siddons Schofield, as required under ASX listing rules. The notice details adjustments to his mix of ordinary shares, options, and performance rights, clar...
Heavy Minerals issues new shares and reaffirms mineral project assumptions
Heavy Minerals Ltd has issued 850,000 fully paid ordinary shares on 20 October 2026 under provisions of the Corporations Act that allow share issues without a prospectus. The company stated it is compliant with its continuous disclosure and financial...
Heavy Minerals Seeks ASX Quotation for 850,000 New Shares
Heavy Minerals Ltd has applied to the ASX for the quotation of 850,000 new ordinary fully paid shares under its ticker HVY. The new securities, issued on 20 October 2026 following the exercise or conversion of existing instruments, will expand the co...
Heavy Minerals Issues 1 Million Unquoted Options in Capital Management Move
Heavy Minerals Ltd has notified the market of the issue of 1,000,000 unquoted options, each with an exercise price of $0.368 and an expiry date of October 20, 2029. The options, which are not intended to be quoted on the ASX, were issued under a prev...
Heavy Minerals Ltd Plans Issue of 1 Million Unquoted Options
Heavy Minerals Ltd has announced a proposed issue of 1,000,000 unquoted options as part of a placement or similar capital management initiative. The options are priced at $0.368 and are scheduled to expire on 12 October 2029, with the proposed issue...
Heavy Minerals sets 2026 AGM date and director nomination deadline
Heavy Minerals Limited has scheduled its Annual General Meeting for 26 November 2026, with a formal notice to be issued to shareholders in mid to late October. The meeting will include the election of directors, and the company has set 5:00pm AWST on...
Heavy Minerals Advances Red Hill Toward Maiden Garnet Resource
Heavy Minerals Ltd has commissioned Mineral Technologies to build a geological model and deliver a maiden JORC-compliant Mineral Resource estimate for its 100%-owned Red Hill Garnet Project in Western Australia, using existing drilling, assay and min...
Heavy Minerals Shares Reinstated to ASX Quotation After Annual Report Lodgement
Trading in Heavy Minerals Limited shares on the ASX will resume from the start of Monday, 5 October 2026, after the company lodged its Annual Financial Report for the year ended 30 June 2026. The reinstatement to quotation restores liquidity for shar...
Heavy Minerals Updates ASX Corporate Governance Disclosures
Heavy Minerals Limited has lodged its updated corporate governance statement for the year ended 30 June 2026 with the ASX, confirming compliance with key Corporate Governance Council principles. The statement, current as of 2 October 2026, is hosted...
Heavy Minerals Tightens Board Oversight With Updated Governance Charter
Heavy Minerals Ltd has reaffirmed its commitment to high standards of corporate governance, stating that its practices largely align with the ASX Corporate Governance Council’s 4th Edition Principles and Recommendations. The board acknowledges...
Heavy Minerals Limited Publishes 2026 Annual Report
Heavy Minerals Limited has released its annual report for the year ended 30 June 2026, outlining consolidated financial performance, cash flows and changes in equity across the company and its controlled entities. The report also details corporate go...
Heavy Minerals Suspended from ASX Quotation Over Late Periodic Report
Heavy Minerals Ltd has had its securities suspended from quotation on the ASX after failing to lodge its required periodic report by the specified deadline. The suspension, imposed under Listing Rule 17.5 alongside several other issuers, will remain...
Heavy Minerals Corrects Expired Performance Rights Disclosure
Heavy Minerals Ltd has corrected a prior disclosure regarding the cessation of securities, specifically updating the reported number of expired performance rights. The company now states that 1,440,408 performance rights have lapsed, amending an earl...
Heavy Minerals Director Updates Equity-Based Holdings
Heavy Minerals Limited has disclosed a change in director Christopher Adam Siddons Schofield’s interests, in line with ASX listing rules governing director shareholdings and notifiable interests. The notice details adjustments to his equityR...
Heavy Minerals Tightens Capital Structure as Performance Rights Expire
Heavy Minerals Ltd has confirmed the lapse of 2,565,408 performance rights, classified under the ASX code HVYAK, following their expiry without being exercised or converted on 14 September 2026. The cessation of these securities reduces the company&#...
Heavy Minerals Adds 300,000 New Shares to ASX Quotation
Heavy Minerals Ltd has applied for quotation on the ASX of 300,000 additional ordinary fully paid shares under its existing HVY ticker. The new securities, issued on August 20, 2026, modestly increase the company’s tradable share base and may e...
Heavy Minerals taps ATM facility at premium to fund garnet project pipeline
Heavy Minerals Limited has raised $80,000 through its at-the-market subscription agreement with Acuity Capital by setting off 210,000 previously issued collateral shares, reducing Acuity’s remaining collateral obligation to 3.29 million shares....
Heavy Minerals Issues New Unquoted Options Under Incentive Structure
Heavy Minerals Ltd has notified the market of the issue of 30,000 unquoted options with an exercise price of $0.6357, expiring on July 28, 2028. The new options, recorded via an ASX Appendix 3G filing, modestly expand the company’s pool of ince...
Heavy Minerals Ltd to Quote 1.25 Million New Shares on ASX
Heavy Minerals Ltd has lodged an application with the ASX for quotation of 1,250,000 new ordinary fully paid shares, to be issued on 11 August 2026. The additional securities expand the company’s listed capital base, potentially enhancing liqui...
Heavy Minerals Issues New Shares as Garnet Projects Advance
Heavy Minerals Ltd has issued 1,250,000 fully paid ordinary shares, utilising provisions that allow the issuance without a prospectus while confirming compliance with key continuous disclosure and reporting obligations under the Corporations Act. The...
Heavy Minerals Plans Issue of 30,000 Unquoted Options
Heavy Minerals Ltd has notified the ASX of a proposed issue of 30,000 unquoted options, exercisable at $0.6357 and expiring on 28 July 2028, as part of a placement or other type of securities issue. The options, to be issued on 11 August 2026 subject...
Heavy Minerals Options Lapse, Slightly Simplifying Capital Structure
Heavy Minerals Ltd has confirmed the expiry of 20,000 options with an exercise price of $0.25, which lapsed unexercised on 30 July 2026. The cessation of these options slightly reduces the company’s potential future share issuance, simplifying...
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 07, 2026