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Added to YB: 2026-05-11

Pitch date: 2026-05-07

HALO.L [neutral]

Halo Minerals PLC

Author Info

No bio for this author

Company Info

Halo Minerals PLC, a mining company, engages in the exploration, development, and production of battery metals primarily copper.

Market Cap

GBP 12.6M

Pitch Price

GBP 0.12

Price Target

N/A

Dividend

N/A

EV/EBITDA

N/A

P/E

-6.0K

EV/Sales

N/A

Sector

Metals and Mining

Category

value

Show full summary:
Halo Minerals PLC - $HALO.L

HALO.L (holding update): 53Mt Cu tailings on Chilean beach, $164M NPV at $5.30/lb Cu (spot >$6/lb), 51% IRR. RCA approved Oct '25, shovel-ready in 18mo. 72% recovery via hybrid leach/float, $1.91/lb net costs post-gold credit. Offshore expansion: 100Mt potential in Chañaral Bay, maritime concession application underway, adds ~$130M value for $4-6M spend. CAPEX optimization review targeting 10% reduction (~$8.7M savings). Peers trade $1,287/t EV/Reserves; HALO at £13M mkt cap (£8M EV) vs $226M implied on production-adjusted basis. Former CAML asset acquired for $7.5M, valued at $34M in 2017 at $3/lb Cu.

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