Subscribe Now   -   Standard: only $199 per year   or   Premium: only $299 per year  -   Click Here

Heliostar Metals Ltd

www: www.heliostarmetals.com   email: info@heliostarmetals.com
Category: Junior: Emerging Mid-tier Producer
Rating & Risk: Login to view
Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
CVE:HSTR CAD
OTCMKTS:HSTXF USD

Description

Heliostar Metals Ltd are a gold focused junior, emerging mid-tier producer with two mines in development in Mexico and four exploration properties. They have approximately 7Moz. of gold in the reserves and resources category of which 6Moz. are in the measured and indicated category. They have a market capitalisation of ~C$547.08M which is a rise of roughly 40% over the last one months. As of 10/24/2025 they have no debt and ~C$25.86M cash. They have 252M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 10/24/2025
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
MCap (FD): $390.81M $547.08M 10/24/2025 $156.26M
MCap (OS): $327.19M $458.02M 10/24/2025 $130.82M
Total Assets: $37.10M $37.36M 10/24/2025 $0.26M
Total Liabilities: $17.12M $17.24M 10/24/2025 $0.12M
Current Assets: $25.68M $25.86M 10/24/2025 $0.18M
Current Liabilities: $1.07M $1.08M 10/24/2025 $0.01M
Total Debt: $0.00M $0.00M 10/24/2025 $0.00M
Cash: $25.68M $25.86M 10/24/2025 $0.18M
Debt (Net): $-25.68M $-25.86M $-0.18M
Enterprise Value: $365.13M $521.21M 07/08/1986 $156.08M
Cash Flow: $90.86M $95.90M never $5.04M
Cash Flow Multiple: 4.30 5.70 never 1.40
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: 10/24/2025 n/a
Misc 10/24/2025
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 252,000,000 252,000,000 10/24/2025 0
Shares (FD): 301,000,000 301,000,000 10/24/2025 0
Insider Ownership: 30% 30% 10/24/2025 n/a
Dividend (Annual): n/a n/a 10/24/2025 n/a
Company Type: Mostly Gold Mostly Gold never n/a
Group: Producer Producer never n/a
Production ETA: n/a 01/01/2027 10/24/2025 n/a
Production (Gold Eq Oz.): (guess) 
55,000
(guess) 
55,000
10/24/2025 0
Production (Silver Eq Oz.): (guess) 
4,686,459
(guess) 
3,986,991
10/24/2025 -699,468
Development Phase: Producer (Single Mine) Producer (Single Mine) 10/24/2025 n/a
Optionality Play: none No
F
U
T
U
R
E
% of Spot: 20
Producer: Growth Potential
20
Producer: Growth Potential
10/24/2025 0
Cash Flow Multiple: 12 12 10/24/2025 0.00

Resource Data

GOLD 10/24/2025
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 2.00M 2.00M 10/24/2025 0.00M
Measured & Indicated: 6.00M 6.00M 10/24/2025 0.00M
Inferred: 1.00M 1.00M 10/24/2025 0.00M
Reserves & Resources: 7.00M 7.00M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: 1.60M 1.60M 10/24/2025 0.00M
Measured & Indicated: 4.16M 4.16M 10/24/2025 0.00M
Inferred: 0.40M 0.40M 10/24/2025 0.00M
Reserves & Resources: 4.56M 4.56M never 0.00M
C
U
R
R
E
N
T
Annual Production: (guess) 
55,000oz.
(guess) 
55,000oz.
10/24/2025 0oz.
Cash Cost: $1,800 $1,800 10/24/2025 $0.00
Extra Operating Cost: $650 $650 10/24/2025 $0.00
Total: $2,450 $2,450 10/24/2025 $0.00
Margin (Free Cash Flow): $1,652 (40%) $1,744 (42%) $91.66
MCap / Production (AuEq): $7,105.68 $9,946.82 $2,841.14
EV / Production (AuEq): $6,638.73 $9,476.60 $2,837.87
G
R
A
D
E
Underground (Avg): 6.00 g/t 6.00 g/t 10/24/2025 n/a
Open Pit (Avg): n/a 0.70 g/t 10/24/2025 0.70 g/t
Recovery Rate: (CG)  80.00% (CG)  80.00% 10/24/2025 0.00%
F
U
T
U
R
E
Proven & Probable: 6.00M 6.00M 10/24/2025 0.00M
Annual Production: 250,000oz. 250,000oz. 10/24/2025 0oz.
Cash Cost: $1,700 $1,700 10/24/2025 $0
Extra Operating Cost: $700 $700 10/24/2025 $0
SILVER 10/24/2025
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 10/24/2025 0.00M
Measured & Indicated: n/a n/a 10/24/2025 0.00M
Inferred: n/a n/a 10/24/2025 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 10/24/2025 0.00M
Measured & Indicated: n/a n/a 10/24/2025 0.00M
Inferred: n/a n/a 10/24/2025 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 10/24/2025 $0.00
Extra Operating Cost: n/a n/a 10/24/2025 $0.00
Total: n/a n/a 10/24/2025 $0.00
Margin (Free Cash Flow): n/a $0.00
MCap / Production (AgEq): $83.39 $137.22 $53.82
EV / Production (AgEq): $77.91 $130.73 $52.82
G
R
A
D
E
Underground (Avg): n/a n/a 10/24/2025 n/a
Open Pit (Avg): n/a n/a 10/24/2025 n/a
Recovery Rate: n/a n/a 10/24/2025 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 10/24/2025 0.00M
Annual Production: n/a n/a 10/24/2025 n/a
Cash Cost: n/a n/a 10/24/2025 n/a
Extra Operating Cost: n/a n/a 10/24/2025 n/a

Property

Last Analysis Data  (10/24/2025)
Stage Name Owned
%
NPV
$M
IRR
%
CapEx
$M
Au Ag Cu Notes
Dev Ana Paula
100 279.00 31.00 250.00 show
Acquired from Argonaut in 2023 for $30M

1.47 Moz M&I gold at 2.16 g/t

2023 PFS: $278.6M NPV 30.5% IRR at $1600 gold

Size: 60,000 ha
Dev San Antonio
100 show
Acquired from Argonaut in 2023

Pending environmental permit

1.735 Moz M&I 67 Koz Inferred gold

Size: 46,000 ha
Exp Cerro del Gallo
100 show
Gold development project
Exp La Colorada
100 show
Permitted gold mine. Currently on C&M.
Exp San Agustin
100 show
Producing gold mine.
Exp Unga
100 show
District size property. Early exploration. Large potential.

Size: 24,000 ha
Current Data
Stage Name Owned
%
NPV
$M
IRR
%
CapEx
$M
Au Ag Cu Notes
Dev Ana Paula
100 279.00 31.00 250.00 show
Acquired from Argonaut in 2023 for $30M

1.47 Moz M&I gold at 2.16 g/t

2023 PFS: $278.6M NPV 30.5% IRR at $1600 gold

Size: 60,000 ha
Dev San Antonio
100 show
Acquired from Argonaut in 2023

Pending environmental permit

1.735 Moz M&I 67 Koz Inferred gold

Size: 46,000 ha
Exp Cerro del Gallo
100 show
Gold development project
Exp La Colorada
100 show
Permitted gold mine. Currently on C&M.
Exp San Agustin
100 show
Producing gold mine.
Exp Unga
100 show
District size property. Early exploration. Large potential.

Size: 24,000 ha

Profitability (by resource)

Proven &
Probable
10/24/2025
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 2.00M 2.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -25.44M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.60M 1.60M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -20.35M
Maximum Profit (Gold): $2,643.09M $2,789.74M n/a $146.66M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $2,643.09M $2,789.74M n/a $146.66M
Max Profit / Current MCap: 6.763 5.099 n/a -1.664
Max Profit Per Share (Gold): $8.78 $9.27 n/a $0.49
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $8.78 $9.27 n/a $0.49
Total Free Profit Per Share: $6.96 $6.74 n/a $-0.22
FD MCap / Gold Eq.: $244.26 $341.92 n/a $97.66
FD MCap / Silver Eq.: $2.87 $4.72 n/a $1.85
FD MCap / Per Metal
as % Spot Price:
5.95% 8.15% n/a 2.20%
EV / Gold Eq.: $228.21 $325.76 n/a $97.55
EV / Silver Eq.: $2.68 $4.49 n/a $1.82
EV / Per Metal
as % Spot Price:
5.56% 7.77% n/a 2.20%
Measured &
Indicated
10/24/2025
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 6.00M 6.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -76.31M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 4.16M 4.16M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -52.91M
Maximum Profit (Gold): $6,872.03M $7,253.33M n/a $381.31M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $6,872.03M $7,253.33M n/a $381.31M
Max Profit / Current MCap: 17.584 13.258 n/a -4.326
Max Profit Per Share (Gold): $22.83 $24.10 n/a $1.27
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $22.83 $24.10 n/a $1.27
Total Free Profit Per Share: $21.01 $21.57 n/a $0.56
FD MCap / Gold Eq.: $93.95 $131.51 n/a $37.56
FD MCap / Silver Eq.: $1.10 $1.81 n/a $0.71
FD MCap / Per Metal
as % Spot Price:
2.29% 3.14% n/a 0.85%
EV / Gold Eq.: $87.77 $125.29 n/a $37.52
EV / Silver Eq.: $1.03 $1.73 n/a $0.70
EV / Per Metal
as % Spot Price:
2.14% 2.99% n/a 0.85%

Reserves &
Resources
10/24/2025
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 7.00M 7.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -89.02M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 4.56M 4.56M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -57.99M
Maximum Profit (Gold): $7,532.80M $7,950.77M n/a $417.97M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $7,532.80M $7,950.77M n/a $417.97M
Max Profit / Current MCap: 19.275 14.533 n/a -4.741
Max Profit Per Share (Gold): $25.03 $26.41 n/a $1.39
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $25.03 $26.41 n/a $1.39
Total Free Profit Per Share: $23.21 $23.88 n/a $0.68
FD MCap / Gold Eq.: $85.70 $119.97 n/a $34.27
FD MCap / Silver Eq.: $1.01 $1.66 n/a $0.65
FD MCap / Per Metal
as % Spot Price:
2.09% 2.86% n/a 0.77%
EV / Gold Eq.: $80.07 $114.30 n/a $34.23
EV / Silver Eq.: $0.94 $1.58 n/a $0.64
EV / Per Metal
as % Spot Price:
1.95% 2.73% n/a 0.77%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×