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HWG Stock Chart & Stats
C$0.48
<C$0.01(1.05%)
At close: 4:00 PM EDT
C$0.48
<C$0.01(1.05%)
Day’s Range― - ―
52-Week RangeC$0.36 - C$0.80
Previous CloseN/A
Volume41.67K
Average Volume (3M)58.75K
Market Cap
C$45.10M
Enterprise ValueC$36.07
Total Cash (Recent Filing)C$3.21M
Total Debt (Recent Filing)C$242.55K
Price to Earnings (P/E)―
Beta1.88
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. Volume67,176
30 Day Avg. Volume58,754
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
Conservative Balance SheetLow debt and a relatively sizable equity base provide durable financial flexibility for an exploration company. This reduces immediate refinancing pressure, supports multi-year drill programs, and improves bargaining power in option/earn-in or JV negotiations, helping sustain operations through exploration cycles.
Monetization-focused Business ModelA business model centered on option/earn-in deals, project sales and royalties lets the company advance targets without needing to fund all exploration internally. That structure is durable: partner-funded programs and potential royalty streams reduce capital intensity and align incentives with larger miners over multi-year timelines.
Strategic U.S. Project FocusConcentrating on Nevada and western U.S. epithermal systems is a structural advantage: these jurisdictions offer strong prospectivity, established mining infrastructure and clearer permitting frameworks, increasing the likelihood of JV interest and partner funding over the medium term.
Bears Say
No Revenue And Recurring LossesLack of operating revenue and recurring net losses are fundamental constraints. Without product revenue, the company depends on financing or partner payments, and sustained losses erode equity, reduce reinvestment capacity and raise the probability of dilution or asset sales to fund continued exploration.
Inconsistent Cash GenerationNegative and volatile operating/free cash flow create persistent funding needs. This cash burn forces reliance on capital markets, partner earn-ins, or asset disposals, increasing execution risk and potentially delaying or scaling back long‑lead exploration programs critical to value creation over the coming months.
Eroding Asset And Equity BaseFalling assets and equity weaken the company’s financial buffer. Continued erosion from losses diminishes strategic optionality, raises the likelihood of dilutive financings or asset sales, and reduces attractiveness to partners who prefer stronger balance-sheet counterparts for multi-year JV commitments.
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$45.10M.
When is Headwater Gold’s upcoming earnings report date?
Headwater Gold’s upcoming earnings report date is Nov 04, 2026 which is in 81 days.
How were Headwater Gold’s earnings last quarter?
Currently, no data Available
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?
Currently, no data Available
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
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