ASX Share rice
Mon 10 Aug 2020 - 06:41:am (Sydney)

HXG Share Price

HEXAGON ENERGY MATERIALS LIMITEDHXGMaterials

HXG Company Information

Name:

Hexagon Energy Materials Limited

Sector:

Basic Materials

Industry:

Other Industrial Metals & Mining

GIC Industry:

Metals & Mining

GIC Sub Industry:

Diversified Metals & Mining

Address:

7 Kintail Road Applecross WA Australia 6153

Phone:

61 8 6244 0349

MD & Director:

Mr. Michael Benjamin Rosenstreich Bsc (Hons), Mee, Fausimm, Maicd

Chief Commercial Officer:

Ms. Lianne Grove

Company Sec.:

Mr. Rowan St. John Caren C.A., B.Com., CA

Pres of USA Sales:

Greg Richardson

Exec.:

G. Thesseling

Company Overview:

Hexagon Energy Materials Limited, together with its subsidiary, explores for and develops mineral properties in Australia and the United States. It explores for graphite, gold, and base metal deposits. The company's flagship project is the McIntosh flake graphite project located in the Kimberley region of Western Australia. It also holds 100% interest in the Ceylon graphite project that covers an area of approximately 200 hectares located on the Northern portion of the Alabama Graphite Belt, Alabama; and the Halls Creek project covering an area of approximately 651 square kilometers located in the east Kimberley region of Western Australia. The company was formerly known as Hexagon Resources Limited and changed its name to Hexagon Energy Materials Limited in November 2019. Hexagon Energy Materials Limited is based in Applecross, Australia.

HXG Share Price Information

Shares Issued:

292.43M

Market Capitalisation:

$19.01M

Revenue (TTM):

$61.64K

Earnings per Share:

$-0.007

Operating Margin (TTM):

$-38.57

Return On Assets (TTM):

$-0.14

Return On Equity (TTM):

$-0.19

Quarterly Revenue Growth (YOY):

0.503

Gross Profit(TTM):

$54.54K

Diluted Earnings Per Share (TTM):

$-0.006

HXG CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-1,674,836

Change To Liabilities:

$-153,491

Total Cashflow From Investing Activities:

$-1,674,836

Net Income:

$-2,050,422

Total Cash From Operating Activities:

$-1,577,650

Depreciation:

$5.89K

Other Cashflow From Investing Activities:

$329.35K

Change To Account Receivables:

$84.46K

Capital Expenditures:

$2.01M

HXG Income Statement

Income Date:

2019-06-30

Income Before Tax:

$-2,050,422

Net Income:

$-2,050,422

Gross Profit:

$54.54K

Operating Income:

$-2,157,774

Total Revenue:

$54.54K

Total Operating Expenses:

$2.16M

HXG Balance Sheet

Balance Sheet Date:

2019-06-30

Total Liabilities:

$372.28K

Total Stockholder Equity:

$16.09M

Other Current Liabilities:

$141.06K

Total Assets:

$16.48M

Common Stock:

$58.86M

Retained Earnings:

$-45,268,027

Other Assets:

$5.50K

Cash:

$4.20M

Total Current Liabilities:

$372.28K

Property - Plant & Equipment:

$12.17M

Net Tangible Assets:

$16.09M

Long-Term Investments:

$71.30K

Total Current Assets:

$4.24M

Net Receivables:

$34.02K

Short-Term Investments:

$12.24M

Accounts Payable:

$202.15K

Non Currrent Assets (Other):

$12.24M

Short-Term Investments:

$12.24

Non Current Liabilities Total:

$0

HXG Share Price History

HXG News

08 May, 2020
While not a mind-blowing move, it is good to see that the Hexagon Energy Materials Limited (ASX:HXG) share price has...
09 Mar, 2020
Just because a business does not make any money, does not mean that the stock will go down. For example, although...
18 Feb, 2020
TORONTO, Feb. 18, 2020 -- Hexagon Energy Materials Limited (“Hexagon” or the “Company”) (ASX:HXG) is pleased to announce the execution of a Technical Services Agreement (“TSA”).
09 Jan, 2020
Mike Rosenstreich has been the CEO of Hexagon Energy Materials Limited (ASX:HXG) since 2017. First, this article will...
18 Dec, 2019
TORONTO, Dec. 18, 2019 -- Hexagon Energy Materials Limited (ASX:HXG) (“HXG”, “Hexagon” or the “Company”) is pleased to announce that it has commenced funding of the Phase-One.
25 Nov, 2019
TORONTO, Nov. 25, 2019 -- Hexagon Energy Materials Limited (ASX:HXG) (“Hexagon” or the “Company”) is pleased to announce strong shareholder support for its updated business.
07 Nov, 2019
This month, we saw the Hexagon Resources Limited (ASX:HXG) up an impressive 31%. But will that heal all the wounds...
16 Oct, 2019
Hexagon Resources Limited (HXG.AX) (“Hexagon” or the “Company”) has completed key testwork directed at enhancing graphite electrodes used in electric-arc furnaces (“EAF”) worldwide. Graphite electrodes are an essential part of the EAF steel production process and comprise a significant portion of cost. The market for these graphite electrodes is growing and any technology advances that will extend their service life and lower consumption rates have significant market appeal.
10 Oct, 2019
Hexagon Resources Limited (HXG.AX) (“Hexagon” or the “Company”) is pleased to announce it has executed a binding Investment Agreement (“BIA”) whereby Hexagon has an Option to acquire a 49% interest in an advanced, downstream rare-earth elements (“REE” or “REEs”) separation technology from Innovation Metals Corp. (“IMC”). IMC’s proprietary RapidSX™ REE separation technology holds the potential to enable current and future REE producers outside of China to serve US, European, Japanese and Korean markets, mitigating the current extreme concentration of REE supply and separation capability in China. The rare-earth processing business meshes well with Hexagon’s build-out of downstream processing of energy materials and is well covered by the US team that the Company has already assembled.
(“IMC”) is pleased to announce the execution of a binding Investment Agreement (“BIA”) with Hexagon Resources Limited (ASX:HXG) (“Hexagon”), on the formation of American Innovation Metals Inc. (“AIM”), a new joint-venture company focused on the commercialization of IMC’s RapidSX™ technology for the separation of rare-earth elements (“REEs”). Through the BIA with IMC, Hexagon has an Option to acquire 49% of AIM with an exercise price of US$2.0 million, plus US$4.0 million in deferred consideration. Hexagon will also contribute commercial and marketing capabilities to identify and to secure feedstocks, generate licensing opportunities for the RapidSX technology and sales/offtakes for REE oxides (“REOs”) produced.
24 Sep, 2019
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...