Harfang Exploration (HAR) AI Stock Analysis

• Market Cap: $8.79M
• Dividend Yield: N/A
• Average Volume (3M): 103.14K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.49
• Revenue Growth: N/A
• EPS Growth: 4.56%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 87,935,790
• 10 Day Avg. Volume: 204,499
• 30 Day Avg. Volume: 103,144
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.58
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -127.36
• Enterprise Value/Ebitda: -1.56
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 38 Underperform
• Price Target: ―

Harfang Exploration's overall stock score is driven by its challenging financial situation, characterized by negative revenue and cash flow. While the technical analysis suggests some positive momentum, the negative P/E ratio highlights ongoing profitability issues. The strong balance sheet provides some stability, but the company must focus on operational efficiency and revenue generation to improve its financial health.

Harfang Exploration Business Overview & Revenue Model

Company Description

Harfang Exploration Inc., an exploration and evaluation stage company, primarily acquires and explores for mineral properties in Canada. The company explores for gold, copper, silver, nickel, chromium, platinum, palladium, and other metals. It focuses on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Québec for precious metals. The company is headquartered in Montreal, Canada.

How the Company Makes Money

Harfang Exploration makes money through the discovery and development of mineral resources, primarily gold and silver. The company generates revenue by identifying promising mineral properties, conducting exploration activities, and advancing these projects to increase their value. Once a mineral deposit is sufficiently explored and its potential is established, Harfang may sell the property, enter into joint ventures, or develop it into a mining operation, generating income through the sale of mineral rights, royalties, or direct mining revenue. The company's earnings are significantly influenced by commodity prices, exploration success, and strategic partnerships with other mining or exploration companies.

Harfang Exploration Financial Statement Overview

Summary

Harfang Exploration is facing financial difficulties with negative revenue, gross profit, and cash flow, typical of early-stage mining exploration companies. While its balance sheet is strong with low leverage, the lack of revenue growth and consistent net losses pose a risk to financial stability.

Income Statement

Harfang Exploration has shown negative revenue and gross profit across periods, reflecting a challenging operating environment typical in early-stage mining exploration. The TTM data indicates a significant EBIT and net loss, with no revenue growth, leading to negative profit margins. The negative EBITDA and EBIT margins highlight operational inefficiencies or high fixed costs relative to its revenue base.

Balance Sheet

The company's balance sheet shows a strong equity position relative to its total assets, evidenced by a high equity ratio. The low debt-to-equity ratio indicates minimal leverage, which is positive for financial stability. However, the lack of revenue growth and consistent net losses could strain this position over time.

Cash Flow

Harfang Exploration has negative operating and free cash flows, indicating cash outflows from operations without sufficient offset from revenues. The free cash flow to net income ratio is negative due to ongoing losses. The company's cash position is strong relative to its liabilities, but continued cash burn poses a risk without additional financing or revenue improvements.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	3.28K	8.16K	76.00
Gross Profit	-39.88K	-39.88K	-29.91K	3.28K	8.16K	-507.00
EBITDA	-3.25M	-2.70K	-2.89M	-3.94M	-4.53M	-2.30M
Net Income	-2.64M	-2.13K	-2.19M	-3.53M	-3.41M	-1.66M
Balance Sheet
Total Assets	14.93M	15.86M	16.59M	17.19M	8.92M	10.02M
Cash, Cash Equivalents and Short-Term Investments	2.89M	3.92M	6.43M	7.41M	7.26M	8.68M
Total Debt	106.34K	110.42K	134.40K	0.00	0.00	0.00
Total Liabilities	457.86K	340.34K	721.64K	198.69K	931.35K	1.30M
Stockholders Equity	14.47M	15.52M	15.87M	16.99M	7.99M	8.72M
Cash Flow
Free Cash Flow	-2.73M	-2.19M	-2.97M	-4.50M	-4.13M	-2.20M
Operating Cash Flow	-2.58M	-2.03M	-2.78M	-4.14M	-4.09M	-1.96M
Investing Cash Flow	-1.01M	-1.00M	-64.98K	252.27K	-356.18K	-231.28K
Financing Cash Flow	516.72K	520.32K	1.86M	4.04M	3.03M	7.92M

Harfang Exploration Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HAR, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.41 is Neutral, neither overbought nor oversold. The STOCH value of 87.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:HAR.

Harfang Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GWM	50 Neutral	67.18M	-7.29	0.00%	―	0.00%	-58.77%
AOT	41 Neutral	66.92M	-0.18	0.00%	―	436.13%	-4483.64%
VTT	39 Underperform	1.81M	-5.56	0.00%	―	0.00%	14.29%
HAR	38 Underperform	$8.79M	―	-19.36%	―	―	4.56%
NRN	37 Underperform	8.51M	-11.54	0.00%	―	0.00%	85.33%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Harfang Exploration Corporate Events

Harfang Exploration Completes Financing Round

Harfang Exploration Inc. has successfully completed a private placement, raising $602,650 through the sale of flow-through common shares. The funds will be used to advance their gold and lithium exploration projects in Québec and Ontario. Insiders participated in the offering, which is subject to TSX Venture Exchange approval.

Harfang Exploration Expands Gold Footprint in Québec

Harfang Exploration has expanded its high-grade gold footprint at the Serpent Property in Québec, revealing promising assay results from its fall sampling program. Gold-bearing quartz veins have been traced over a significant length, indicating the potential for more high-grade zones along the Nusa Trend. This discovery follows previous successful findings and sets the stage for further exploration activities.