Helium Evolution Incorporated AI Stock Analysis
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Helium Evolution Incorporated (HEVI) AI Stock Analysis
Helium Evolution Incorporated
(TSXV:HEVI)
The score is primarily constrained by continued losses, negative cash flow, and weak technical momentum. A low-debt, well-capitalized balance sheet provides support, but the negative P/E and absence of dividend income further limit the investment profile.
Helium Evolution Incorporated (HEVI) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 17.01M
- Dividend Yield
- ―
- Average Volume (3M)
- 71.62K
- Price to Earnings (P/E)
- -6.4
- Beta (1Y)
- 0.44
- Revenue Growth
- ―
- EPS Growth
- -56.11%
- Country
- Canada
- Employees
- 4
- Sector
- General
- Sector Strength
- 55
- Industry
- Oil & Gas Exploration & Production
Helium Evolution Incorporated Business Overview & Revenue Model
Company Description
Headquartered in Calgary, Canada, Helium Evolution Incorporated's primary activities involve the discovery and extraction of helium deposits across southern Saskatchewan.
Helium Evolution Incorporated Financial Statement Overview
Summary
The balance sheet is a meaningful strength, with substantial equity and minimal debt, but persistent losses, deeply negative margins, and ongoing negative operating and free cash flow materially weaken the overall financial profile.
Income Statement
27NegativeBalance Sheet
73PositiveCash Flow
39Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 172.00K | 172.00K | 0 | 0 | 0 | 0 |
| Gross Profit | -771.00K | -2.27M | -27.00K | -45.00K | -51.00K | -10.00K |
| EBITDA | -3.84M | -3.50M | -1.55M | -3.18M | -6.22M | -1.40M |
| Net Income | -4.01M | -3.73M | -1.39M | -2.95M | -7.36M | -1.41M |
Balance Sheet | ||||||
| Total Assets | 19.47M | 20.78M | 10.60M | 11.64M | 13.02M | 13.67M |
| Cash, Cash Equivalents and Short-Term Investments | 2.00M | 6.89M | 3.83M | 6.33M | 9.13M | 171.00K |
| Total Debt | 23.00K | 36.00K | 22.00K | 43.00K | 29.00K | 33.00K |
| Total Liabilities | 1.39M | 1.74M | 906.00K | 872.00K | 226.00K | 12.53M |
| Stockholders Equity | 18.08M | 19.04M | 9.70M | 10.77M | 12.80M | 1.14M |
Cash Flow | ||||||
| Free Cash Flow | -2.80M | -5.81M | -2.66M | -3.23M | -7.56M | -1.10M |
| Operating Cash Flow | -1.43M | -1.23M | -729.00K | -346.00K | -1.44M | -498.00K |
| Investing Cash Flow | -6.16M | -8.57M | -1.74M | -2.43M | -7.08M | -601.00K |
| Financing Cash Flow | 8.26M | 12.86M | -31.00K | -20.00K | 17.48M | 1.27M |
Helium Evolution Incorporated Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HEVI, the sentiment is Negative. The current price of 0.18 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.20, and below the 200-day MA of 0.20, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 37.37 is Neutral, neither overbought nor oversold. The STOCH value of 13.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:HEVI.
Helium Evolution Incorporated Peers Comparison
Overall Rating
TSE:CVVY62Neutral
TSE:GASX48Neutral- TSE:HEVI43Neutral
TSE:QEC35Underperform
TSE:ALTU27Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:CVVY | 62Neutral | CAD 584.36M | 21.51 | 17.19% | ― | 54.89% | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:GASX | 48Neutral | CAD 286.72M | 5.85 | 45.29% | ― | 39.12% | ― |
| TSE:HEVI | 43Neutral | CAD 52.19M | -6.41 | -23.76% | ― | ― | -56.11% |
| TSE:QEC | 35Underperform | CAD 119.98M | -1.15 | -74.92% | ― | 350.48% | -532.42% |
| TSE:ALTU | 27Underperform | CAD 6.33M | -0.64 | 7616.90% | ― | -39.87% | 93.59% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:HEVI | Helium Evolution Incorporated | 0.18 | 0.00 | 0.00% | |
| TSE:CVVY | Cavvy Energy Ltd | 1.91 | 1.04 | 119.54% | |
| TSE:GASX | NG Energy International Corp. | 0.99 | -0.03 | -2.94% | |
| TSE:QEC | Questerre Corp. | 0.24 | -0.06 | -19.73% | |
| TSE:ALTU | Total Helium Ltd | 0.10 | -0.04 | -29.63% |
Helium Evolution Incorporated Corporate Events
Helium Evolution Advances Grasslands Helium Project and Reshapes Board
PositiveHelium Evolution has advanced its Grasslands project in southern Saskatchewan, jointly operated with North American Helium, by completing 3D seismic interpretations and agreeing on an initial set of bottom hole drilling locations. The partners are no...
Helium Evolution Gains DTC Eligibility and Grants Stock Options
PositiveHelium Evolution has secured eligibility for its common shares to be electronically cleared and settled in the U.S. through the Depository Trust Company, following its recent listing on the OTCQB Venture Market. This status is expected to streamline...
Helium Evolution Strengthens Balance Sheet With $25 Million Financing as Q2 Loss Narrows
PositiveHelium Evolution has filed its second-quarter 2026 financial statements and MD&A, reporting a net loss of $0.7 million for the quarter and $1.2 million for the first half, alongside increased total assets and stronger working capital. The company’s b...
Helium Evolution Raises $25 Million to Boost Saskatchewan Helium Development
PositiveHelium Evolution has closed a $25 million private placement, issuing 166,666,667 units at $0.15 each, with attached warrants exercisable at $0.30 over three years, and additional finder’s warrants to Auctus Advisors. The financing brought in $23.7 mi...
Helium Evolution Secures $25 Million to Accelerate Saskatchewan Helium Development
PositiveHelium Evolution has closed a $25 million private placement, issuing 166,666,667 units at $0.15 each, with each unit including a common share and a three-year warrant exercisable at $0.30. The financing attracted $23.7 million from new international...
Helium Evolution Gains TSXV Extension on $25 Million Financing
PositiveHelium Evolution Incorporated has secured a two-week extension of price protection from the TSX Venture Exchange for its previously announced $25 million private placement financing. The extension is intended to provide additional time for the exchan...
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: Nov 13, 2026