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
$0.0260 -7.1%

Updated 3 Sep 2026 · Signals refresh every scan

⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.
Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Volume surging at 10.9x normal while price falls — heavy selling pressure
  • Lagging the Small Ords index — relative strength of 0.86, underperforming its peers
  • Low cash runway (3 quarters) - dilution risk
  • 4C filed 2026-07-31
  • Very high P/S ratio (139.2x)
  • Revenue in sharp decline (-65%)
  • Near 52-week low (4% of range)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.81%/day)
  • Low-priced stock risk ($0.026)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • MACD crossed bearish — momentum is fading
  • 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 Quarterly Activities/Appendix 5B Cash Flow Report

Recent ASX Announcements

2026-07-31 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE

Key Metrics

$5.0M
Market Cap
199K
Avg Volume
10.9x
Vol Ratio
$0.02 — $0.07
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: 54%
LLeader vs LaggardlaggardRS: -18
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

537 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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