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Heliostar Metals Ltd

Company price
1.94 CAD -0.38 ( 16.38%)
Last update at 2026-11-03T14:30:00Z
VOLUME
331100
Market Cap
675.30M

Momentum Score

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Heliostar Metals Ltd., together with its subsidiaries, engages in gold and silver exploration and mining activities in the United States and Mexico. Its flagship property is the 100%-owned Ana Paula gold project, which covers an area of 56,334 hectares located in the state of Guerrero, Mexico. The company was formerly known as Redstar Gold Corp. and changed its name to Heliostar Metals Ltd. in October 2020. Heliostar Metals Ltd. was incorporated in 1983 and is headquartered in Vancouver, Canada.

Source: TradingView
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Day Price Range
1.94
Low
2.06
High
52 Week Price Range
1.00
Low
3.47
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

Heliostar Metals Ltd is a Canada-listed mineral exploration and development company on the TSX Venture Exchange focused on advancing precious and base metal projects in Mexico, though public disclosures are limited. Its long-term growth drivers may include successful exploration and resource delineation, favourable metal prices and potential consolidation, which could provide exploration upside and leveraged exposure to commodity appreciation.
Principal risks are typical for junior explorers: high technical and execution risk, the need for recurrent financing, permitting and political uncertainty in operating jurisdictions and sensitivity to metal price swings.

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
2.32
Dividend Yield
-
Revenue TTM
91.27M
Revenue Per Share
0.39
Gross Profit TTM
45.63M
Debt / Equity
-
ROE
73.03%
Net Debt
-
ROCE
0.05%
Diluted EPS TTM
-0.18

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax 27.48M -14.78M -4.53M -12.46M -8.26M
Net income 21.04M -14.78M -4.53M -12.46M -8.26M
Selling general administrative 10.49M 4.08M 1.69M 3.29M 2.71M
Gross profit 18.58M 0.00M -0.03M -0.05M -0.01M
Reconciled depreciation 1.59M 0.12M 0.03M 0.05M 0.01M
Ebit - - - -11.45M -8.92M
Ebitda - - -4.29M -12.35M -9.22M
Operating income 0.05M -14.48M -4.32M -12.41M -9.23M
Interest expense 2.03M 0.19M - 0.00M 0.00M
Tax provision 6.45M 0.00M - - -
Interest income - 0.04M 0.01M 0.00M 0.00M
Net interest income -2.03M -0.19M 0.01M 0.00M 0.00M
Total revenue 36.57M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 36.53M 14.48M 4.32M 12.41M 9.23M
Cost of revenue 18.00M 0.00M 0.03M 0.05M 0.01M
Total other income expense net 29.47M -0.11M -0.23M -0.05M 0.97M
Net income from continuing ops 21.04M -14.78M -4.53M -12.46M -8.26M
Net income applicable to common shares - - - -12.46M -8.26M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 117.23M 28.36M 33.69M 12.16M 13.12M
Other current assets 1.04M - - 0.03M 0.03M
Total liab 55.68M 5.14M 3.95M 1.88M 0.45M
Total stockholder equity 61.54M 23.22M 29.74M 10.28M 12.67M
Common stock - - - 54.73M 45.93M
Capital stock 92.75M 87.85M 76.82M 54.73M 45.93M
Retained earnings -41.44M -76.44M -56.50M -51.97M -39.52M
Other liab - - 2.66M - -
Other assets - - - 0.06M 0.01M
Cash 27.18M 0.75M 4.13M 1.18M 1.24M
Total current liabilities 19.88M 4.47M 1.29M 1.88M 0.45M
Other stockholder equity - - - 7.52M 6.26M
Property plant equipment - - - 10.21M 9.94M
Total current assets 61.31M 1.04M 6.57M 1.89M 3.18M
Net tangible assets - - - 10.28M 12.67M
Short term investments - 0.00M 0.03M 0.12M 1.66M
Net receivables 0.49M 0.09M 0.05M 0.01M 0.03M
Inventory 25.52M - - - -
Accounts payable 8.95M 1.97M 1.09M 1.82M 0.44M
Non currrent assets other - - - 0.01M 0.01M
Non current assets total 55.91M 27.32M 27.12M 10.27M 9.95M
Capital lease obligations 0.11M - - - -
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments 0.00M -0.09M -14.17M 1.41M 1.07M
Change to liabilities - - - 1.40M 0.34M
Total cashflows from investing activities - - - 1.06M 2.20M
Net borrowings 0.00M 0.00M - - -
Total cash from financing activities 22.01M 11.51M 22.73M 9.00M 6.81M
Change to operating activities - - - -0.32M -0.23M
Net income 21.04M -19.93M -4.53M -12.46M -8.26M
Change in cash 26.63M -3.38M 2.95M -0.06M 1.18M
Begin period cash flow 0.56M 4.13M 1.18M 1.24M 0.05M
End period cash flow 27.18M 0.75M 4.13M 1.18M 1.24M
Total cash from operating activities 5.85M -14.80M -5.61M -10.12M -7.83M
Issuance of capital stock 20.08M 11.51M 22.73M 8.90M 6.67M
Depreciation 1.59M 0.16M 0.03M 0.05M 0.01M
Change to inventory -1.69M 0.00M - - -
Change to account receivables - - - 0.02M -0.02M
Other cashflows from financing activities - - - -0.73M -0.34M
Change to netincome - - - 1.19M 0.33M
Capital expenditures 0.59M 0.10M 0.12M 0.35M 0.28M
Change in working capital 5.55M 2.86M -2.46M 1.09M 0.09M
Stock based compensation 1.60M 1.91M 1.26M 1.06M 1.18M
Other non cash items -30.71M 0.14M - - -0.97M
Free cash flow 5.26M -14.91M -5.73M -10.47M -8.11M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
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)
HSTR
Heliostar Metals Ltd
-0.38
16.38%
1.94 - 3.05 7.40 6.12 4.08 6.23
OMG
Omai Gold Mines Corp
0.12
8.05%
1.61 - - - 62.63 - -4.09
ASE
Asante Gold Corporation
0.05
8.62%
0.63 - 6.57 2.23 269.42 2.23 49.52
THX
Thor Explorations Ltd.
0.06
6.98%
0.92 3.41 2.77 2.87 1.88 1.80 2.44
MKO
Mako Mining Corp
0.77
7.56%
10.95 18.47 2.34 6.21 4.73 4.31 10.00

Profile*

Heliostar Metals Ltd

Heliostar Metals Ltd., together with its subsidiaries, engages in gold and silver exploration and mining activities in the United States and Mexico. Its flagship property is the 100%-owned Ana Paula gold project, which covers an area of 56,334 hectares located in the state of Guerrero, Mexico. The company was formerly known as Redstar Gold Corp. and changed its name to Heliostar Metals Ltd. in October 2020. Heliostar Metals Ltd. was incorporated in 1983 and is headquartered in Vancouver, Canada.

595 Burrard Street, Vancouver, BC, Canada, V7X 1J1

844-753-0045

Name Title Year Born
Mr. Jacques Vaillancourt C.F.A., CFA Exec. Chairman NA
Mr. Charles Walter Funk B.Sc. CEO & Director 1974
Mr. Mahesh Nalinda Liyanage C.A., CPA, CA, CPA Chief Financial Officer NA
Mr. Dilshan Anthony Corp. Accountant NA
Mr. Robert Grey Investor Relations Mang. NA
Ms. Susan J. Mitchell B.A, Finra, Mim Consultant NA
Mr. Samuel Anderson VP of Exploration NA
Ms. Sheryl Dhillon Corp. Sec. NA
Mr. Charles Walter Funk B.Sc. President, CEO & Director 1974
Mr. Gregg B. Bush B.Sc., P.Eng. Chief Operating Officer 1960

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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