SmallCaps
ASX:HVYMaterialsDiversified Metals & Mining

Heavy Minerals Ltd

Heavy Minerals Limited is an Australia-based industrial mineral exploration company.

$0.390 ⁠$0.010 (2.50%)AUD · Closed
+9.5%52-week return
Day Range
$0.390$0.390
52 Week Range
$0.000$0.700
Volume
692.00
Avg Volume (10D)
110.66K
Market Cap
$28.62M
The company

The business

What Heavy Minerals Ltd does

Heavy Minerals Limited is an Australia-based industrial mineral exploration company. The Company's projects are prospective for industrial minerals including Garnet, Zircon, Rutile and Ilmenite. Its projects consist of Port Gregory Garnet project, Red Hill Project and the Inhambane Mineral Sands project. The Port Gregory Project is located approximately 45-60 kilometer (km) north of Geraldton, 45- 65km south of Kalbarri, and 40 km north-west from Northampton in the mid-west coastal region of Western Australia. The Red Hill Project is located approximately 37 km South of the Port Gregory Garnet Project and approximately 70 km by road to the Port of Geraldton. The Company’s initial focus is the Port Gregory and Red Hill Garnet Projects with Port Gregory having a JORC Inferred and Indicated Mineral Resource of 135 million tons. The Inhambane Mineral Sands Project is in the Southern part of the Inhambane Province. The tenement lies across the borders of the Inhambane and Jangamo districts.

Incorporated
AUS
Public since
2021-09-14
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Share price & key data

Share price

OHLC · volume · moving averages
$0.390-$0.100 (-20.41%)over 6M
Hi$0.600Lo$0.000
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.390
Prev Close
$0.400
Day High
$0.390
Day Low
$0.390
52wk High
$0.700
52wk Low
$0.000

Valuation

Multiples
Market Cap
$28.62M
Shares Out
73.39M
Price/Book
9.88

Trading Activity

Volume & book
Volume
692.00
Value Traded
$269.88
Bid
$0.355 × 2,500
Ask
$0.400 × 5,000
Avg Vol 10D
110.66K

Performance

Total return
1 Day
-2.82%
5 Day
-11.54%
13 Week
-33.65%
52 Week
+9.52%
YTD
-29.59%
Peers & news

Latest news

From the Small Caps desk
Heavy Minerals takes flight to expand WA project potential
Mining & Resources

Heavy Minerals takes flight to expand WA project potential

Heavy Minerals (ASX: HVY) will utilise data from recently completed airborne LiDAR and RTK surveys at its Port Gregory and Red Hill projects in Western Australia to help expand their world class potential. Surveys were flown at a height of 1000 feet and covered 2575 hectares at Port Gregory and 755 hectares at Red Hill. […]

Heavy Minerals secures Dutch finance support for Port Gregory garnet project
Mining & Resources

Heavy Minerals secures Dutch finance support for Port Gregory garnet project

Perth-based junior Heavy Minerals (ASX: HVY) has secured Dutch government-backed project finance support for the potential development of its Port Gregory garnet project in Western Australia. The company received a letter of support from Atradius Dutch State Business which manages the government credit guarantee scheme on behalf of the Government of the Netherlands’ Export Credit […]

Heavy Minerals identifies potential long life, tier one asset at Red Hill garnet project
Mining & Resources

Heavy Minerals identifies potential long life, tier one asset at Red Hill garnet project

Drilling at the Red Hill garnet project in Western Australia has identified a potential long life, low cost, tier one asset for owner Heavy Minerals (ASX: HVY). The project sits within a developed mineral sands province with established operations and logistic routes to market. Final assays from a maiden 48 hole aircore campaign for 1,815 […]

Maiden drilling at Red Hill garnet project returns strong intercepts for Heavy Minerals
Mining & Resources

Maiden drilling at Red Hill garnet project returns strong intercepts for Heavy Minerals

Initial assay results from a maiden aircore drilling campaign at Heavy Minerals’ (ASX: HVY) Red Hill garnet project in Western Australia have returned numerous intercepts exceeding more than 5% total heavy minerals (THM). The company drilled 48 holes for 1,815 metres in January and has reported “exceptional” initial results with a best intercept delivering 43m […]

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