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Hillgrove Resources Ltd

Company price
1.095 AUD 0.06 ( 5.29%)
Last update at 2026-11-04T23:00:00Z
VOLUME
494926
Market Cap
259.55M
P/E
0.90

Momentum Score

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Kantra Copper Ltd engages in the operation, exploration, and development of mineral properties in Australia. It primarily explores for copper, gold, and silver deposits. The company's project is the Kanmantoo Copper mine located approximately 55 kilometres from Adelaide, South Australia; and owns an 80% interest in the Mutooroo Copper Project in South Australia's Curnamona Province. The company was formerly know as Hillgrove Resources Limited and change its name to Kantra Copper Ltd in August 2026. Kantra Copper Ltd was incorporated in 2000 and is headquartered in Unley, Australia.

Source: TradingView
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Day Price Range
1.06
Low
1.10
High
52 Week Price Range
0.45
Low
1.29
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Hillgrove Resources Ltd is an Australian miner that operates the Kanmantoo copper project in South Australia and conducts regional exploration. Long-term growth could be supported by structural demand for copper from electrification and renewables alongside successful exploration outcomes that extend mine life. The company may appeal to investors seeking direct commodity exposure and potential resource upside in a stable Australian jurisdiction.

Principal risks include volatile copper and gold prices, limited mine life that requires successful exploration and funding to support development, and operational, permitting and environmental challenges that could affect production.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1.04
Dividend Yield
-
Revenue TTM
203.03M
Revenue Per Share
0.95
Gross Profit TTM
72.61M
Debt / Equity
0.05
ROE
20.36%
Net Debt
-16.36M
ROCE
5.41%
Diluted EPS TTM
1.22

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 0.99M -23.80M -15.65M -5.96M -5.43M
Net income 0.09M -24.03M -16.33M -5.97M -5.86M
Selling general administrative - 10.12M 3.74M 1.86M 2.90M
Selling and marketing expenses - 4.02M 8.68M - -
Gross profit 29.82M 1.46M -5.98M - -2.58M
Reconciled depreciation - 31.76M 0.75M 0.07M 0.07M
Ebit 6.17M -10.53M -13.67M -4.50M -5.39M
Ebitda 27.11M 21.24M -12.68M -4.43M -5.32M
Depreciation and amortization 20.95M 31.76M 0.99M 0.07M 0.07M
Operating income 6.17M -10.41M -14.66M -4.50M -5.39M
Other operating expenses 161.45M 122.77M 14.66M 4.56M 5.45M
Interest expense 4.85M 4.43M 1.98M 1.47M 0.04M
Tax provision - 0.23M 0.68M 0.01M 0.42M
Interest income - 0.07M 0.76M 0.04M 0.01M
Net interest income - -14.31M -0.18M -1.42M -0.03M
Extraordinary items - - - - 0.00M
Income tax expense 0.90M 0.23M 0.68M 0.01M 0.42M
Total revenue 167.62M 112.39M - 0.00M 0.00M
Total operating expenses 23.66M 11.84M 8.68M 4.56M 5.45M
Cost of revenue 137.79M 110.93M 5.98M 2.64M 2.58M
Total other income expense net -5.17M -13.39M -0.99M -1.47M -0.04M
Net income from continuing ops - -24.03M -16.33M -5.97M -5.86M
Net income applicable to common shares - -24.03M - -5.97M -5.86M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 150.24M 107.39M 101.06M 52.90M 51.29M
Other current assets 0.23M 2.23M 0.38M 0.48M 0.40M
Total liab 54.22M 65.81M 46.18M 20.33M 13.35M
Total stockholder equity 96.03M 41.57M 54.88M 32.57M 37.94M
Other current liab 20.02M 19.25M 3.00M 2.00M 3.47M
Common stock 346.81M 302.71M 292.95M 256.09M 256.12M
Capital stock - - 292.95M 256.09M 256.12M
Retained earnings -277.74M -271.19M -269.24M -252.91M -246.94M
Other liab - - - 18.20M 9.31M
Other assets - - - 1.46M 1.82M
Cash 20.95M 3.26M 10.24M 5.30M 10.74M
Total current liabilities 36.31M 40.80M 23.69M 2.13M 4.04M
Current deferred revenue 2.17M - 8.80M - -
Net debt -16.36M 5.42M 1.58M -5.30M -10.74M
Short term debt 2.05M 4.34M 4.31M 0.00M 0.00M
Short long term debt total 4.59M 8.69M 11.82M - -
Other stockholder equity - 0.00M - 7.31M 6.68M
Property plant equipment - - - 44.81M 37.72M
Total current assets 37.68M 14.30M 14.84M 6.62M 11.76M
Net tangible assets - - - 32.57M 37.94M
Net receivables 8.98M 1.49M 1.08M 0.42M 0.52M
Long term debt - - - 7.20M -
Inventory 7.52M 7.33M 3.14M 0.41M 0.10M
Accounts payable 12.06M 17.20M 7.58M 0.13M 0.57M
Accumulated other comprehensive income 26.96M 10.05M 31.17M 29.39M 28.76M
Non currrent assets other 6.53M - - 1.46M 1.82M
Non current assets total 112.56M 93.08M 86.22M 46.28M 39.53M
Capital lease obligations - - 11.82M - -
Long term debt total - - - 7.20M 0.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -32.02M -22.46M -5.57M -9.39M
Change to liabilities - - - -0.78M -0.20M
Total cashflows from investing activities -40.31M -32.02M -22.46M -5.57M -9.39M
Net borrowings - - - 5.87M 5.87M
Total cash from financing activities 37.27M 4.04M 36.17M 5.89M 19.42M
Change to operating activities - - - -1.21M 0.08M
Net income 0.09M -24.03M -16.33M -5.97M -5.86M
Change in cash 17.69M -6.98M 4.93M -5.43M 5.14M
Begin period cash flow 3.26M 10.24M 5.30M 10.74M 5.60M
End period cash flow 20.95M 3.26M 10.24M 5.30M 10.74M
Total cash from operating activities 20.73M 21.00M -8.78M -5.75M -4.89M
Issuance of capital stock - 9.70M 36.83M - 19.42M
Depreciation 20.95M 37.05M 0.99M 0.17M 0.00M
Other cashflows from investing activities - 0.20M 0.06M 0.30M 2.30M
Change to inventory - - 0.00M -0.00M 0.00M
Change to account receivables - -6.45M -1.82M 0.00M -0.00M
Sale purchase of stock - 9.70M 36.83M -0.02M 19.42M
Other cashflows from financing activities -4.88M 0.06M -0.66M 0.04M -9.39M
Change to netincome - - - 1.94M 1.14M
Capital expenditures 39.84M 32.22M 22.51M 7.87M 9.39M
Change in working capital -4.51M 4.00M 5.93M -1.94M -0.30M
Stock based compensation - 0.75M 0.00M 0.00M 0.00M
Other non cash items 4.20M 3.98M 0.62M 3.10M 1.47M
Free cash flow -19.10M -11.22M -31.29M -13.58M -14.29M

Peer Comparison*

Sector: Industry:

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
HGO
Hillgrove Resources Ltd
0.06
5.29%
1.09 0.90 3.21 1.28 2.00 1.08 4.56
CBAPI
Commonwealth Bank of Australia
-0.09
0.09%
101.40 - - - - - -
RF1
Regal Investment Fund
-0.09
2.95%
2.96 - - - - - -
PCI
Perpetual Credit Income Trust
-
-%
1.08 - - - - - -
C1X
Cosmos Exploration Ltd
0.00
2.22%
0.09 - - 7716.81 6.15 - -6.63

Profile*

Hillgrove Resources Ltd

Kantra Copper Ltd engages in the operation, exploration, and development of mineral properties in Australia. It primarily explores for copper, gold, and silver deposits. The company's project is the Kanmantoo Copper mine located approximately 55 kilometres from Adelaide, South Australia; and owns an 80% interest in the Mutooroo Copper Project in South Australia's Curnamona Province. The company was formerly know as Hillgrove Resources Limited and change its name to Kantra Copper Ltd in August 2026. Kantra Copper Ltd was incorporated in 2000 and is headquartered in Unley, Australia.

5-7 King William Road, Unley, SA, Australia, 5061

61 8 7070 1698

Name Title Year Born
Mr. Lachlan A. Wallace CEO, MD & Exec. Director NA
Mr. Peter James Rolley MAIG, MSc (Geology) Chief Geologist & Exploration Mang. 1959
Mr. Joe Sutanto Chief Commercial Officer & Company Sec. NA
Mr. Lachlan A. Wallace CEO, MD & Executive Director NA
Mr. Joe Sutanto Chief Financial Officer & Company Secretary NA
Mr. Peter James Rolley MAIG, MSc (Geology) Chief Geologist & Exploration Manager 1959
Mr. Lachlan A. Wallace CEO, MD & Executive Director NA
Mr. Joe Sutanto Chief Financial Officer & Company Secretary NA
Mr. Peter James Rolley MAIG, MSc (Geology) Chief Geologist & Exploration Manager 1959
Mr. Lachlan A. Wallace CEO, MD & Executive Director NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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