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HEVI Stock Chart & Stats
C$0.24
<C$0.01(2.94%)
At close: 4:00 PM EDT
C$0.24
<C$0.01(2.94%)
Day’s Range― - ―
52-Week RangeC$0.11 - C$0.35
Previous CloseN/A
Volume25.68K
Average Volume (3M)75.33K
Market Cap
C$61.40M
Enterprise ValueC$28.99M
Total Cash (Recent Filing)C$2.00M
Total Debt (Recent Filing)C$23.00K
Price to Earnings (P/E)―
Beta0.28
Next Earnings
Nov 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding306,981,720
10 Day Avg. Volume70,441
30 Day Avg. Volume75,333
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)0.99
Price to Sales (P/S)110.13
P/FCF Ratio-3.26
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)-0.01
Revenue Forecast (FY)C$37.16M
Bulls Say, Bears Say
Bulls Say
Very Low LeverageExtremely low leverage reduces solvency pressure and preserves financial flexibility while HEVI advances its helium projects. A lightly indebted balance sheet can provide greater capacity to manage development uncertainty, absorb operating setbacks, and consider future funding or investment needs.
Narrowing Net LossesThe substantial reduction in net losses indicates that financial performance has improved over time, even though profitability remains negative. Continued progress in controlling losses could extend the company’s funding runway and improve its ability to pursue helium development without proportionally increasing financial strain.
Improving Free Cash Flow BurnThe reduction in free cash flow burn shows better cash discipline versus the prior period and is a constructive trend for a project-focused company. If maintained alongside further operating progress, lower annual cash consumption could reduce the scale and frequency of external funding requirements.
Bears Say
Minimal Revenue BaseRevenue remains too small to demonstrate a scalable operating model or meaningful commercial traction. Until helium assets generate materially higher recurring sales or transaction proceeds, HEVI’s financial profile will remain highly dependent on project advancement rather than established operating revenue.
Deeply Negative ProfitabilityLosses across gross profit, EBITDA, and net income show that the current business has not yet reached economic viability. Persistently negative margins limit internally generated funding, make results sensitive to project timing, and leave profitability dependent on successful future development and production.
Continued Cash ConsumptionNegative operating and free cash flow means HEVI is still consuming cash rather than funding activities through its operations. Even with improvement from 2025, continued burn can constrain project execution and create ongoing reliance on external capital unless operations eventually inflect.
HEVI FAQ
What was Helium Evolution Incorporated’s price range in the past 12 months?
Helium Evolution Incorporated lowest stock price was C$0.11 and its highest was C$0.35 in the past 12 months.
What is Helium Evolution Incorporated’s market cap?
Helium Evolution Incorporated’s market cap is C$61.40M.
When is Helium Evolution Incorporated’s upcoming earnings report date?
Helium Evolution Incorporated’s upcoming earnings report date is Nov 24, 2026 which is in 51 days.
How were Helium Evolution Incorporated’s earnings last quarter?
Helium Evolution Incorporated released its earnings results on Aug 25, 2026. The company reported C$0 earnings per share for the quarter.
Is Helium Evolution Incorporated overvalued?
According to Wall Street analysts Helium Evolution Incorporated’s price is currently Overvalued.
Does Helium Evolution Incorporated pay dividends?
Helium Evolution Incorporated does not currently pay dividends.
What is Helium Evolution Incorporated’s EPS estimate?
Helium Evolution Incorporated’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Helium Evolution Incorporated have?
Helium Evolution Incorporated has 306,981,720 shares outstanding.
What happened to Helium Evolution Incorporated’s price movement after its last earnings report?
Helium Evolution Incorporated reported an EPS of C$0 in its last earnings report. Following the earnings report the stock price went down -6.25%.
Which hedge fund is a major shareholder of Helium Evolution Incorporated?
Currently, no hedge funds are holding shares in TSE:HEVI
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
Helium Evolution Incorporated
Headquartered in Calgary, Canada, Helium Evolution Incorporated's primary activities involve the discovery and extraction of helium deposits across southern Saskatchewan.







