Pink Sheets: Hellix Ventures Inc (HLLXF) news stock charts
Hellix Ventures Inc (HLLXF/HLLXF.PK) Penny Investment Summary:
Hellix Ventures Inc. engages in the identification, acquisition, exploration, and development of gold and silver properties in North America. The company has an option to purchase the Athabasca Mine located in British Columbia, Canada and the Minitas/La Cobriza Mine located in Durango State, Mexico. It also explores for petroleum resources. The company holds interest in the Star Valley property comprising 10 producing oil wells in southern Saskatchewan, Canada. Hellix Ventures Inc. was founded in 1993 and is headquartered in Vancouver, Canada.HELLIX VENTURES INC (HLLXF:Pink OTC Markets Inc)
Snapshot of HELLIX VENTURES INC (HLLXF)
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OPEN
$0.57
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PREVIOUS CLOSE
$0.57
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DAY HIGH
$0.60
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DAY LOW
$0.54
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52 WEEK HIGH
09/21/09 - $0.98
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52 WEEK LOW
04/2/09 - $0.11
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MARKET CAP
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AVERAGE VOLUME 10 D
31.4K
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EPS TTM
--
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SHARES OUTSTANDING
0.0
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HLLXF Does Not Pay Dividends
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P/E TTM
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Key developments for HELLIX VENTURES INC (HLLXF)
Hellix Ventures Inc., Annual General Meeting, Mar 10, 2010, at 15:00 US Pacific Time. Location: Terminal City, 837 West Hastings Street, Vancouver, B.C., V6C 1B6,Canada. Agenda: To receive the audited financial statements of the corporation for the fiscal year ended July 31, 2009, the report of the auditor thereon and the related management discussion and analysis; to elect directors of the corporation for the ensuing year; to appoint the auditors of the corporation for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditors; to approve the corporation's stock option plan; to consider any permitted amendment to or variation of any matter identified in this notice and to transact such other business as may properly come before the meeting or any adjournment thereof.
Hellix Ventures Inc. released additional sample results on the Athabasca claim group taken as a part of its initial due diligence. The company, through its wholly owned subsidiary, recently signed an option to purchase 100% of the former gold producer - the Athabasca Mine near Nelson, British Columbia. In October, 2009, the company commissioned a professional geologist for a site visit. A total of eight grab samples were collected. Only three samples were taken in the Athabasca Mine underground workings, all in the volcanics. According to our interpretation of the historic mine plan map, the location was the #1 adit. All samples were collected and secured by the geologist, then sent for assay to Eco Tech Laboratory Ltd., an established certified lab in Kamloops, British Columbia. Samples were tested for Au via metallic fire assay, and the 46 additional elements via Inductively Coupled Plasma (ICP). Note that grab samples are selective and not likely to be representative of average grades. The Nelson region is experiencing a rebirth in mining exploration activity, particularly the small to medium former high grade precious metal producers. At least two companies in the immediate area have recently completed drill programs, while others such as Anglo Swiss have been adding to their land holdings near their Kenville Mine property.
Hellix Ventures Inc. reported unaudited consolidated earnings results for the first quarter ended October 31, 2009. For the quarter, the company reported net loss and comprehensive loss of CAD 210,400 or CAD 0.01 per basic and diluted share on oil and gas revenue of CAD 48,047 against net loss and comprehensive loss of CAD 228,555 or CAD 0.01 per basic and diluted share on oil and gas revenue of CAD 95,135 in the same period of last year. Loss before other items was CAD 210,400 against CAD 228,611 in the same period of last year. Net cash used in operating activities was CAD 210,486 against CAD 161,001 in the same period of last year. Mineral properties and exploration costs was CAD 33,406.
Hellix Ventures Inc financial resources
HLLXF Competitors
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| No competitor information is available for HLLXF. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | HLLXF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 112.8x |
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| Price/Book | 36.1x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 113.7x |
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HLLXF |
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HLLXF transactions
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Private Placement
September 21, 2009 |
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