2MC Stock Chart & Stats
€0.02
<€0.01(11.76%)
At close: 4:00 PM EDT
€0.02
<€0.01(11.76%)
Day’s Range― - ―
52-Week Range€0.01 - €0.04
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
€4.96M
Enterprise Value€6.10
Total Cash (Recent Filing)€462.84K
Total Debt (Recent Filing)€0.00
Price to Earnings (P/E)―
Beta-1.17
Next Earnings
Dec 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding265,489,000
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)1.46
Price to Sales (P/S)0.00
P/FCF Ratio-12.69
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Minimal Financial LeverageAn effectively debt-free balance sheet reduces interest obligations and refinancing exposure, preserving financial flexibility while the company advances its resource assets. This gives management more capacity to direct available capital toward exploration, development, and commercialization rather than debt servicing.
Positive Equity Asset BasePositive equity provides a capital base supporting the company’s current asset position and reduces the balance-sheet pressure associated with an overleveraged structure. Although equity has declined, this cushion remains a relative financial strength as First Helium develops its Alberta resources.
Multi-Commodity Resource OptionalityExposure to helium alongside natural gas and condensate gives First Helium several potential commercialization avenues from its subsurface assets. This resource mix may broaden future revenue opportunities compared with dependence on a single product, provided exploration and development succeed.
Bears Say
Zero Current Revenue And Deep LossesThe absence of current revenue while the company continues to incur substantial losses shows that its commercialization model has not yet produced operating scale. Continued losses increase execution pressure and make future financial performance highly dependent on successfully restoring production and sales.
Persistent Cash BurnNegative operating and free cash flow indicate that ongoing activities are consuming cash rather than funding themselves. If this pattern persists, the company may need continued external funding to support operations and resource development, potentially constraining strategic flexibility.
Declining Equity And Poor ReturnsA deeply negative return on equity indicates that the existing capital base is not currently generating economic returns, while the decline in equity reduces the financial cushion over time. Persistent losses could further weaken flexibility and increase the challenge of funding development internally.
First Helium Inc. News
2MC FAQ
What was First Helium Inc.’s price range in the past 12 months?
First Helium Inc. lowest stock price was €0.01 and its highest was €0.04 in the past 12 months.
What is First Helium Inc.’s market cap?
First Helium Inc.’s market cap is €4.96M.
When is First Helium Inc.’s upcoming earnings report date?
First Helium Inc.’s upcoming earnings report date is Dec 02, 2026 which is in 84 days.
How were First Helium Inc.’s earnings last quarter?
First Helium Inc. released its earnings results on Jul 29, 2026. The company reported -€0.001 earnings per share for the quarter.
Is First Helium Inc. overvalued?
According to Wall Street analysts First Helium Inc.’s price is currently Overvalued.
Does First Helium Inc. pay dividends?
First Helium Inc. does not currently pay dividends.
What is First Helium Inc.’s EPS estimate?
First Helium Inc.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does First Helium Inc. have?
First Helium Inc. has 265,489,000 shares outstanding.
What happened to First Helium Inc.’s price movement after its last earnings report?
First Helium Inc. reported an EPS of -€0.001 in its last earnings report. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of First Helium Inc.?
Currently, no hedge funds are holding shares in DE:2MC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
First Helium Inc.
First Helium Inc. primarily focuses on identifying, securing, and assessing potential helium resource sites throughout Alberta, Canada. The company maintains full ownership of both the Worsley Property and the broader Worsley Trend, which are situated in Northern Alberta. Established in 2016, First Helium Inc.'s corporate headquarters are located in Vancouver, Canada.
Technical Analysis
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