40LOW

HLX

HELIX FPO [HLX]
Helix Resources Limited engages in the mineral exploration business in Australia. It explores for copper, gold, iron ore, nickel, cobalt, and other base metals. The company was incorporated in 1985 and is based in Perth, Australia.
Basic Materials · ASX Small Cap
$0.0010 +0.0%

Updated 26 Mar 2026 · Scores refresh every scan

⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.

Score Breakdown

Technical62
Catalyst53
Sentiment50
Fundamental29
Momentum39
Risk Gate32
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Active Signals

Bullish Signals

  • Stochastic is deep in oversold territory — bounce conditions forming
  • Sitting near support — this level has held before and could attract buyers again
  • Beating the Small Ords index — relative strength of 1.11, so it's outpacing the pack
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Low cash runway (3 quarters) - dilution risk
  • 4C filed 2026-01-28
  • Very high P/S ratio (148.7x)
  • Revenue in sharp decline (-65%)
  • Near 52-week low (8% of range)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 67% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (19.24%/day)
  • Penny stock risk ($0.001)
  • RBA hiking (-3pts)
  • Overseas risk_off (-2pts, S&P500 strong_down, VIX 25)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -65% — the top line is shrinking
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Recent Catalysts

NONE Executes Formal Agreement on Joint Venture at Gold Basin
NONE Half Yearly Report and Accounts
NONE Quarterly Activities/Appendix 5B Cash Flow Report
Announcement tone +3pts

Recent ASX Announcements

2026-03-16 Executes Formal Agreement on Joint Venture at Gold Basin PRICE SENSITIVE
2026-03-13 Half Yearly Report and Accounts
2026-01-28 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE

Key Metrics

$5.3M
Market Cap
1.0M
Avg Volume
1.8x
Vol Ratio
$0.00 — $0.00
52-Week Range
N/A
Short Interest
3 qtrs
Cash Runway
-3.5%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 62%
LLeader vs LaggardlaggardRS: 0
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #448 of 560 · Sector avg: 45

View all Basic Materials signals →
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