Harfang Exploration AI Stock Analysis
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Harfang Exploration (HAR) AI Stock Analysis
Harfang Exploration
(TSXV:HAR)
The overall score reflects a speculative exploration-stage profile with weak profitability and strongly negative cash flows offset by a relatively solid, low-debt equity base that offers some cushion but is being eroded by ongoing losses. Technical signals are only moderately favorable, with the price hovering just above key short- and medium-term averages and neutral momentum, yet an overextended stochastic and high beta underscore significant volatility risk. The lack of positive earnings and dividend support leaves the valuation driven mainly by future exploration success rather than current fundamentals, making the stock suitable primarily for high-risk, long-horizon investors.
Harfang Exploration (HAR) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 3.82M
- Dividend Yield
- ―
- Average Volume (3M)
- 199.31K
- Price to Earnings (P/E)
- -1.9
- Beta (1Y)
- 2.11
- Revenue Growth
- 1077.69%
- EPS Growth
- 37.31%
- Country
- Canada
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Harfang Exploration Business Overview & Revenue Model
Company Description
Harfang Exploration Inc., an exploration and evaluation stage company, engages in acquiring and exploring mineral properties in Canada. It primarily explores for gold, lithium, silver, chromium, platinum, palladium, nickel, and copper deposits. The c...
How the Company Makes Money
Harfang Exploration is an exploration-stage company and does not typically generate recurring operating revenue from product sales like a producing miner. Its economic model is generally based on creating value by discovering and advancing mineral ex...
Harfang Exploration Financial Statement Overview
Summary
Financial performance is weak overall: the company has only small but growing revenue (~56k) and has returned to positive gross profit, but it remains deeply loss-making with net losses around 2.1m and strongly negative margins, alongside roughly 2.5m of operating cash outflows and no self-funding operations. A conservatively financed, low-debt balance sheet with equity above 13m provides a capital cushion and moderate resilience, yet this book value is being steadily eroded by recurring losses, leaving the business dependent on continued access to capital markets.
Income Statement
22NegativeBalance Sheet
68PositiveCash Flow
26Negative| Breakdown | TTM | Apr 2026 | Jan 2026 | Apr 2025 | Apr 2024 | Apr 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4,765 | 0 | 32.53K | 0 | 3,282 | 8,159 |
| Gross Profit | -35.11K | -39.88K | -3,155 | -29.91K | 3,282 | 8,159 |
| EBITDA | -3.10M | -2.73M | -2.65M | -2.89M | -3.84M | -4.52M |
| Net Income | -2.78M | -2,135 | -2.56M | -2.19M | -3.53M | -3.41M |
Balance Sheet | ||||||
| Total Assets | 14.08M | 15.86M | 14.27M | 16.59M | 17.19M | 8.92M |
| Cash, Cash Equivalents and Short-Term Investments | 2.05M | 3.92M | 2.09M | 6.43M | 7.41M | 7.26M |
| Total Debt | 98.65K | 110.42K | 36.55K | 134.40K | 0 | 0 |
| Total Liabilities | 478.87K | 340.34K | 496.09K | 721.64K | 198.69K | 931.35K |
| Stockholders Equity | 13.60M | 15.52M | 13.77M | 15.87M | 16.99M | 7.99M |
Cash Flow | ||||||
| Free Cash Flow | -2.85M | -2.19M | -3.02M | -2.97M | -4.50M | -4.13M |
| Operating Cash Flow | -2.66M | -2.03M | -2.80M | -2.78M | -4.14M | -4.09M |
| Investing Cash Flow | -893.04K | -1.00M | -100.70K | -64.98K | 252.27K | -356.18K |
| Financing Cash Flow | 513.20K | 520.32K | 1.07M | 1.86M | 4.04M | 3.03M |
Harfang Exploration Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HAR, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 31.93 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:HAR.
Harfang Exploration Peers Comparison
Overall Rating
TSE:XTM53Neutral- TSE:HAR47Neutral
TSE:PRR46Neutral
TSE:VERT38Underperform
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% |
| TSE:XTM | 53Neutral | CAD 4.64M | 1.52 | 47.96% | ― | ― | ― |
| TSE:HAR | 47Neutral | CAD 4.52M | -1.90 | -15.68% | ― | 1077.69% | 37.31% |
| TSE:PRR | 46Neutral | CAD 5.71M | -1.30 | -45.90% | ― | ― | 11.83% |
| TSE:VERT | 38Underperform | CAD 2.29M | -12.50 | -5.54% | ― | ― | 40.00% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:HAR | Harfang Exploration, Inc. | 0.04 | -0.03 | -38.46% | |
| TSE:XTM | Transition Metals | 0.06 | -0.03 | -31.25% | |
| TSE:VERT | Vertical Exploration | 0.01 | -0.03 | -62.50% | |
| TSE:PRR | Prospect Ridge Resources Corp. | 0.05 | -0.03 | -37.50% |
Harfang Exploration Corporate Events
Harfang and SOQUEM Extend Gold Trends at Menarik West Ahead of 2027 Drill Program
PositiveHarfang Exploration and SOQUEM have extended gold mineralization trends at the Adrian and Cox showings on Harfang’s wholly owned Menarik West Property in Eeyou Istchee James Bay, Québec. The work follows a winter induced polarization survey and is pa...
Harfang Files Permits Ahead of Multi-Property Winter 2027 Drill Campaign
PositiveHarfang Exploration has submitted exploration permit applications for its Sky Lake, Blakelock and Menarik West properties, paving the way for winter 2027 diamond drilling across its core portfolio. The move underscores the company’s strategy of advan...
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: Sep 30, 2026