Want to see TSE:HWG full AI Analyst Report?
HWG Stock Chart & Stats
C$0.60
<C$0.01(1.05%)
At close: 4:00 PM EDT
C$0.60
<C$0.01(1.05%)
Day’s Range― - ―
52-Week RangeC$0.37 - C$0.80
Previous CloseN/A
Volume41.67K
Average Volume (3M)154.97K
Market Cap
C$56.38M
Enterprise ValueC$36.07M
Total Cash (Recent Filing)C$3.21M
Total Debt (Recent Filing)C$242.55K
Price to Earnings (P/E)―
Beta2.06
Next Earnings
Nov 04, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding86,736,250
10 Day Avg. Volume256,874
30 Day Avg. Volume154,975
Financial Highlights & Ratios
PEG Ratio0.39
Price to Book (P/B)6.49
Price to Sales (P/S)0.00
P/FCF Ratio-99.54
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
Low LeverageLow leverage and a still sizable equity base give Headwater a financial cushion while it advances exploration assets. This structure preserves flexibility for drilling, acquisitions, or partnerships and reduces the balance-sheet pressure that heavier debt would create.
Project-Generator ModelThe project-generator model can let Headwater create value through exploration and then bring in larger partners to fund later work. Partner-funded programs and staged agreements may reduce reliance on internally generated cash or repeated capital raises while retaining project upside.
Focused Precious-Metal PlatformA focused precious-metals mandate can concentrate geological expertise, land acquisition, and exploration spending around a defined target area and commodity set. That consistency may support disciplined project selection and a clearer strategy as the company advances its exploration portfolio.
Bears Say
No Revenue And Weak ProfitabilityWithout operating revenue, Headwater lacks a recurring commercial base to absorb exploration costs or demonstrate sustainable operating leverage. Persistently negative gross profit and recurring losses make earnings quality weak and leave future financial performance dependent on exploration success and external funding.
Persistent Cash BurnRecurring negative operating and free cash flow means the business generally consumes cash while funding exploration rather than replenishing its resources internally. Although cash-flow losses narrowed in 2026, the broader pattern still points to continuing financing needs and limited self-funding capacity.
Eroding Asset Base And EquityDeclining assets and equity indicate that the current financial cushion is being used while exploration continues without recurring revenue. If losses persist, further erosion could reduce flexibility, increase dependence on partners or financing, and constrain the company’s ability to advance projects independently.
Headwater Gold News
HWG FAQ
What was Headwater Gold’s price range in the past 12 months?
Headwater Gold lowest stock price was C$0.36 and its highest was C$0.80 in the past 12 months.
What is Headwater Gold’s market cap?
Headwater Gold’s market cap is C$56.38M.
When is Headwater Gold’s upcoming earnings report date?
Headwater Gold’s upcoming earnings report date is Nov 04, 2026 which is in 23 days.
How were Headwater Gold’s earnings last quarter?
Headwater Gold released its earnings results on Jan 30, 2026. The company reported -C$0.002 earnings per share for the quarter.
Is Headwater Gold overvalued?
According to Wall Street analysts Headwater Gold’s price is currently Overvalued.
Does Headwater Gold pay dividends?
Headwater Gold does not currently pay dividends.
What is Headwater Gold’s EPS estimate?
Headwater Gold’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Headwater Gold have?
Headwater Gold has 86,736,250 shares outstanding.
What happened to Headwater Gold’s price movement after its last earnings report?
Headwater Gold reported an EPS of -C$0.002 in its last earnings report. Following the earnings report the stock price went up 8.696%.
Which hedge fund is a major shareholder of Headwater Gold?
Currently, no hedge funds are holding shares in TSE:HWG
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
Headwater Gold
Headwater Gold Inc. focuses on securing and investigating valuable mineral deposits throughout the United States. The company's primary objective is the discovery of gold. Currently, it maintains stakes in various properties located across the states of Idaho, Nevada, Oregon, and Utah. Established in 2019, the firm's corporate headquarters are situated in Vancouver, Canada.
Technical Analysis
Inventus Mining
―
Cassiar Gold
―
Red Pine Exploration
―
Westhaven Ventures
―
Rise Gold
―







