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Helium Evolution Inc

Company price
0.19 CAD -0.01 ( 5.00%)
Last update at 2026-11-04T20:29:00Z
VOLUME
101176
Market Cap
39.94M

Momentum Score

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Helium Evolution Incorporated operates as a helium exploration and production company in southern Saskatchewan. The company is based in Calgary, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.19
Low
0.20
High
52 Week Price Range
0.11
Low
0.35
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

Public information on Helium Evolution Inc is limited; the company appears to be a small-cap exploration and development enterprise focused on helium resources. Long-term growth may be driven by successful exploration results, resource development and favorable helium market fundamentals, and investors may find exposure to a constrained global helium supply chain appealing.
Key risks include high exploration and development uncertainty, the need for additional financing, limited liquidity typical of venture‑listed juniors, commodity price volatility and potential regulatory or permitting delays.

Risk Score
High

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
0.20
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-30.43%
Net Debt
0.26M
ROCE
-16.00%
Diluted EPS TTM
-0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -1.39M -2.95M -7.36M 0.17M -0.17M
Net income -1.39M -2.95M -7.36M 0.17M -0.17M
Selling general administrative 1.07M 1.70M 1.74M 0.17M 0.14M
Gross profit -0.02M -0.04M -0.05M - -
Reconciled depreciation 0.02M 0.04M 0.05M - -
Ebit - - -6.27M -1.41M -
Ebitda - - -6.22M 0.18M -0.14M
Operating income -1.58M -3.22M -6.27M -0.17M -0.14M
Interest expense - - - 0.01M 0.03M
Interest income 0.22M 0.39M - 0.00M 0.00M
Net interest income 0.22M 0.39M 0.15M -0.01M -0.03M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 1.58M 3.22M 6.27M 0.17M 0.14M
Cost of revenue 0.02M 0.04M 0.05M - -
Total other income expense net -0.04M -0.12M -1.25M 0.35M -0.00M
Net income from continuing ops -1.39M -2.95M -7.36M 0.17M -0.17M
Net income applicable to common shares - - -7.36M -1.41M -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 10.60M 11.64M 13.02M 0.01M 0.22M
Other current assets - 0.07M 0.99M 12.30M -
Total liab 0.91M 0.87M 0.23M 0.11M 0.49M
Total stockholder equity 9.70M 10.77M 12.80M -0.10M -0.28M
Other current liab - - - 12.30M -
Common stock - - 19.22M 1.92M -
Capital stock 19.22M 19.22M 19.22M 0.03M 0.12M
Retained earnings -13.12M -11.73M -8.78M -1.41M -0.41M
Other liab - - 0.03M - -
Cash 3.83M 6.33M 9.13M 0.00M 0.00M
Total current liabilities 0.75M 0.73M 0.18M 12.51M 0.49M
Net debt - - - - 0.26M
Short long term debt - - - - 0.26M
Other stockholder equity - - 1.43M 0.55M -
Property plant equipment - - 2.60M 0.64M -
Total current assets 3.92M 6.47M 10.42M 13.02M 0.01M
Long term investments - - - - 0.21M
Net tangible assets - - 12.80M 1.14M -
Net receivables 0.06M 0.08M 0.26M 0.05M -
Inventory - - 0.99M - -
Accounts payable 0.73M 0.71M 0.16M 0.20M 0.24M
Non currrent assets other 0.42M 0.78M - - -
Non current assets total 6.68M 5.17M 2.60M 0.00M 0.21M
Capital lease obligations 0.02M 0.04M 0.03M - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -1.74M -2.43M -7.08M - -
Change to liabilities - - 0.00M 0.00M -
Total cashflows from investing activities - - -7.08M -0.60M -
Net borrowings -0.02M -0.02M -0.02M -0.02M -
Total cash from financing activities -0.03M -0.02M 17.48M 1.27M 0.00M
Change to operating activities - - -0.28M 0.11M -
Net income -1.39M -2.95M -7.36M -1.41M -0.17M
Change in cash -2.50M -2.80M 8.96M 0.17M -0.00M
Begin period cash flow 6.33M 9.13M 0.17M 0.00M 0.00M
End period cash flow 3.83M 6.33M 9.13M 0.00M 0.00M
Total cash from operating activities -0.73M -0.35M -1.44M -0.50M -0.00M
Issuance of capital stock - 0.00M - - -
Depreciation - - 0.05M 0.01M -
Other cashflows from investing activities - - -0.96M -0.00M -
Other cashflows from financing activities - - -0.14M 0.09M -
Change to netincome - - 6.15M 0.79M -
Capital expenditures 1.93M 2.88M 6.12M 0.60M 0.00M
Change in working capital -0.10M 0.34M -0.28M 0.14M 0.14M
Stock based compensation 0.22M 0.62M 0.53M - -
Other non cash items 0.49M 1.48M 5.62M 0.01M 0.03M
Free cash flow -2.66M -3.23M -8.56M -0.02M -0.00M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
HEVI
Helium Evolution Inc
-0.01
5.00%
0.19 - 21.88 - 3.36 -1.20
LGN
Logan Energy Corp
0.01
1.01%
1.50 15.00 14.99 3.80 1.96 5.87
RECO
Reconnaissance Energy Africa Ltd
-0.02
3.85%
0.50 - - 10.07 2.29 -7.57
CEI
Benchmark Metals Inc
0.01
0.75%
0.68 - 27.03 23.27 2.66 1369.65
EOG
Eco Atlantic Oil & Gas Ltd
0.02
2.56%
0.80 - 1.05 145.60 16.68 -25.23

Profile*

Helium Evolution Inc

Helium Evolution Incorporated operates as a helium exploration and production company in southern Saskatchewan. The company is based in Calgary, Canada.

505 ? 3rd Street SW, Calgary, AB, Canada, T2P 3E6

587-330-2459

Name Title Year Born
Mr. Gregory A. Robb CEO, Pres & Director NA
Ms. Kristi L. Kunec Chief Financial Officer NA
Mr. Patrick F. Mills Chief Operating Officer NA
Mr. John Kanderka B.Sc. VP of Corp. Devel. 1953
William Van Horne Corp. Sec. NA
Mr. Gregory A. Robb CEO, President & Director NA
Ms. Kristi L. Kunec C.A., CPA Chief Financial Officer NA
Mr. John Kanderka B.Sc. Vice President of Corporate Development 1953
William Van Horne Corporate Secretary NA
Mr. James P. Baker Interim CEO & Chairman 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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