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Noble Helium Ltd. (NHE) AI Stock Analysis
Noble Helium Ltd.
(ASX:NHE)
The overall score is constrained primarily by the company’s pre-revenue, loss-making profile and ongoing cash burn. A low-leverage balance sheet is a meaningful strength, but weak technical momentum and unfavorable valuation keep the stock score low.
Noble Helium Ltd. (NHE) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 27.81M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.61M
- Price to Earnings (P/E)
- -2.8
- Beta (1Y)
- 0.59
- Revenue Growth
- ―
- EPS Growth
- 60.43%
- Country
- Australia
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals - Specialty
Noble Helium Ltd. Business Overview & Revenue Model
Company Description
Noble Helium Limited, an Australian company established in Perth in 2015, specializes in the exploration of helium deposits across Tanzania. The company maintains full ownership of its key projects within the country. This includes the North Rukwa Ba...
Noble Helium Ltd. Financial Statement Overview
Summary
Financial quality is modest: a strong, low-debt balance sheet is offset by zero meaningful revenue, ongoing losses, and persistently negative operating and free cash flow.
Income Statement
28NegativeBalance Sheet
72PositiveCash Flow
38Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 21.80K | 0 | 0 | 0 |
| Gross Profit | -148.24K | -148.24K | 21.80K | -233.18K | -72.91K | -77.64K |
| EBITDA | -2.92M | -2.92M | -4.60M | -4.13M | -2.37M | -2.65M |
| Net Income | -4.91M | -4.91M | -10.97M | -5.06M | -2.44M | -2.75M |
Balance Sheet | ||||||
| Total Assets | 57.86M | 57.86M | 48.89M | 51.16M | 22.26M | 10.72M |
| Cash, Cash Equivalents and Short-Term Investments | 6.69M | 6.69M | 37.09K | 2.26M | 4.04M | 8.46M |
| Total Debt | 1.28M | 1.28M | 5.44M | 4.75M | 0 | 0 |
| Total Liabilities | 6.50M | 6.50M | 11.07M | 6.39M | 1.23M | 198.72K |
| Stockholders Equity | 51.36M | 51.36M | 37.82M | 44.78M | 21.03M | 10.52M |
Cash Flow | ||||||
| Free Cash Flow | -2.05M | -2.05M | -6.20M | -37.13M | -17.36M | -3.08M |
| Operating Cash Flow | -1.68M | -1.68M | -2.29M | -4.04M | -3.34M | -1.44M |
| Investing Cash Flow | -3.60M | -3.60M | -3.91M | -32.62M | -14.02M | -1.64M |
| Financing Cash Flow | 13.82M | 13.82M | 3.98M | 35.01M | 12.92M | 11.58M |
Noble Helium Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NHE, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 0.35 is Positive, neither overbought nor oversold. The STOCH value of 17.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NHE.
Noble Helium Ltd. Peers Comparison
Overall Rating
AU:ORI70Outperform
AU:DNL66Neutral
AU:CXL44Neutral- AU:NHE43Neutral
AU:CG139Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:ORI | 70Outperform | AUD 10.51B | 43.72 | 6.34% | 2.67% | 1.79% | 156.48% |
| AU:DNL | 66Neutral | AUD 6.99B | 24.54 | 3.51% | 3.53% | -16.59% | ― |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:CXL | 44Neutral | AUD 43.25M | -0.83 | -119.47% | ― | 27.85% | -141.00% |
| AU:NHE | 43Neutral | AUD 27.81M | -2.80 | -10.95% | ― | ― | 60.43% |
| AU:CG1 | 39Underperform | AUD 28.60M | -6.05 | -75.44% | ― | -3.10% | 39.78% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:NHE | Noble Helium Ltd. | 0.02 | -0.01 | -22.22% | |
| AU:DNL | Dyno Nobel Limited | 3.99 | 0.88 | 28.25% | |
| AU:ORI | Orica Limited | 22.68 | 1.11 | 5.17% | |
| AU:CXL | Calix Ltd. | 0.20 | -0.20 | -50.00% | |
| AU:CG1 | Carbonxt Group Ltd. | 0.07 | -0.03 | -34.00% |
Noble Helium Ltd. Corporate Events
Noble Helium Expands WA Portfolio as Kinambo Drilling Faces Delay
Noble Helium reported a mixed first quarter of FY27, completing site preparation, access roads and accommodation at its Kinambo project while facing delays in rig mobilisation due to scheduling conflicts with wireline contractor SLB. The company used...
Noble Helium Options Lapse, Simplifying Capital Structure
Noble Helium Ltd. has confirmed the expiry of 18,500,000 listed options with a $0.40 exercise price that were due to expire on June 22, 2026. The lapse of these options without conversion slightly reduces the company’s potential dilutive overha...
Noble Helium Moves AGM Materials Online Under Updated Corporate Rules
Noble Helium Limited has scheduled its Annual General Meeting for 26 November 2026 at its Sydney venue, with the session to commence at 11.00 a.m. AEDT. In line with recent changes to the Corporations Act, the company is shifting to electronic distri...
Noble Helium Sets November AGM to Vote on Board, Pay and Capital Facility
Noble Helium Limited has called its Annual General Meeting for 26 November 2026 in Sydney, setting the shareholder record date at 24 November 2026 at 7:00 p.m. AEDT. Shareholders are being urged to participate either in person or via proxy, underscor...
Noble Helium Cancels Tranche of ASX-Listed Options
Noble Helium Ltd. has notified the market of the cessation of a specific class of options, with 90,660 NHEAV options expiring 08 June 2028 at an exercise price of $0.029 cancelled by agreement between the company and the holder. The announcement, lod...
Noble Helium Seeks Merlinleigh Permit After Positive Helium and Hydrogen Survey
Noble Helium has lodged an application with Western Australia’s Department of Mines, Petroleum and Exploration for the Merlinleigh Exploration Permit within SPA 44 AO in the Southern Carnarvon Basin. The permit area spans about 7,760 square kil...
Noble Helium Director Consolidates Major Shareholding into Direct Ownership
Noble Helium Limited has disclosed a change in the way director Dennis Donald holds his interest in the company, without altering the total number of securities he controls. Donald has transferred his previously indirect holding of 51,121,370 ordinar...
Noble Helium Updates ASX Notice on Unquoted Securities
Noble Helium Limited has lodged an updated Appendix 3G notification with the ASX concerning the issue, conversion or payment up of unquoted securities. The filing represents an amendment to a previous notice from late September 2026, specifically add...
Noble Helium Issues New Shares and Options to Support Growth Initiatives
Noble Helium Limited has issued a series of fully paid ordinary shares and options on 30 September 2026, in connection with its previously announced acquisition of Earth Source Hydrogen Ltd and a $12 million placement to fund the North Rukwa drilling...
Noble Helium Grants New Employee Incentive Options
Noble Helium Ltd. has issued 2,000,000 unquoted options under an employee incentive scheme, with the new NHEAX options expiring on 29 September 2029 and carrying an exercise price of $0.06. The move underscores the company’s use of equity-based...
Noble Helium Issues New Unquoted Employee Options
Noble Helium Limited has issued 730,357 unquoted options under an employee incentive scheme, with each option expiring on June 8, 2028 and carrying an exercise price of $0.029. The options, which will not be quoted on the ASX, were formally notified...
Noble Helium Seeks ASX Quotation for New Share Issue
Noble Helium Ltd. has applied for quotation on the ASX of 1,460,715 new ordinary fully paid shares, to be issued on September 30, 2026.The additional quoted securities expand the company’s listed share capital, potentially enhancing liquidity i...
Noble Helium Seeks ASX Quotation for 75.9 Million New Shares
Noble Helium Limited has applied for quotation of 75,879,766 ordinary fully paid shares on the ASX, with an issue date of September 30, 2026. The application formalises the process for these securities to be traded, marking a significant adjustment t...
Noble Helium expands portfolio with Earth Source Hydrogen acquisition
Noble Helium Ltd. has completed the acquisition of UK-based Earth Source Hydrogen Ltd., securing 100% shareholder acceptances and adding extensive helium and hydrogen exploration acreage in Western Australia’s Southern Carnarvon Basin. The deal...
Noble Helium Sets 2026 AGM Date and Director Nomination Deadline
Noble Helium Limited has scheduled its Annual General Meeting for 26 November 2026, in line with ASX listing requirements, with the session to include the election of directors. The company has set 14 October 2026 at 5:00pm AWST as the deadline for d...
Noble Helium Highlights Kinambo Drilling Progress in Investor Interview
Noble Helium has released a recorded investor interview featuring Executive Chairman Dennis Donald, in which he provides an update on the Kinambo drilling campaign in the North Rukwa Basin. The interview, available via the company’s website, of...
Noble Helium Mobilises Rig for Key Kinambo Drilling Campaign in Tanzania
Noble Helium has begun full mobilisation for its Kinambo drilling campaign on the western margin of the North Rukwa Project in Tanzania, instructing BoreXpert to move the Schramm T130 XD rig from Kenya to the Kinambo-1 site. The company has completed...
Noble Helium to acquire Earth Source Hydrogen, boosting WA helium portfolio
Noble Helium has signed a binding agreement to acquire Earth Source Hydrogen Limited and its Australian subsidiaries, gaining control of two large Special Prospecting Authorities in Western Australia’s onshore Southern Carnarvon Basin. The ESH...
Noble Helium Readies Kinambo Site as North Rukwa Drilling Nears
Noble Helium has completed the access road and accommodation camp at its Kinambo site in Tanzania, marking a key step toward the start of drilling at the North Rukwa Project. The infrastructure will support a 56-person drilling and operations team an...
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 31, 2026