Heavy Minerals Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

Heavy Minerals Limited engages in the exploration and development of the mineral resource projects in Western Australia and Mozambique. The company explores for industrial garnet, ilmenite, zircon, leucoxene, and rutile minerals. Its primary project is the Port Gregory Garnet project that covers an area of approximately 227 square kilometers located in Western Australia. The company also holds interests in Red Hill Prospect that is located in Geraldton; and Inhambane Project, which is located in Mozambique. Heavy Minerals Limited was incorporated in 2021 and is based in Belmont, Australia.

Financial highlights

Market Capitalization$7.4911 million
P/E Ratio0
P/E Growth Ratio
Book Value0.072
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-938.066
Profit Margin0
Operating Margin TTM-73.9433
Return on Assets TTM-0.1328
Return on Equity TTM-0.218
Revenue TTM12.848

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2019-12-31 0.06
2020-12-31 0
2021-12-31 8.8 1,027.617
2022-12-31 27.34

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2019-12-31 2.3 57.06 579.4 512.79 919.27
2020-12-31 34.87 314.88 510.39 215.79 2,707.849
2021-12-31 2,411.626 4,474.665 129.067 0 8,322.811
2022-12-31 319.9 3,539.74 32.53 0 8,321.44

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2019-12-31 -389.108 -264.42 -134.118
2020-12-31 -2,436.91 -186.698 32.571 34.872
2021-12-31 -1,047.924 -1,364.946 876.754 34.872 911.626
2022-12-31 -866.26 -591.72 911.626