TSX-V

Helium Evolution Incorporated

HEVI.V•Energy•Oil & Gas E&P
Current Price
$0.22
Today's Change
+10.00%
Market Cap
$20.02M
Volume
25.48K
🛢️

Commodity Exposure

Crude Oil

Current Price
$98.41/barrel
+1.30% today
💡

Industry Context

Energy companies are highly sensitive to oil prices. Every $10/barrel change can impact operating margins by 15-25%.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Helium Evolution Incorporated is a helium exploration and production company based in Calgary, Canada, focusing on operations in southern Saskatchewan. The company shows potential with a recent 10% price increase, but concerns arise from its financial health, indicated by a low ROE of -15.1% and ROA of -8.0%, reflecting inefficiencies. Additionally, a current ratio of 0.90 suggests liquidity challenges, while a debt/equity ratio of 0.72 indicates moderate leverage. Overall, while there is growth potential, the financial metrics raise caution regarding sustainability and operational efficiency.

Based on 22 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.35
52 Week Low$0.11
Avg Volume76.78K
Beta0.90
Shares Outstanding100.09M

🔥 Valuation

Market Cap$20.02M
Enterprise Value$67.08M
P/E Ratio-6.37
EV/EBITDA ⚠️-9.91x
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-3.3M over the last year, representing Infinity% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $900K over the last year.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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