Diligence memo · auto-generated · as of July 2, 2026
Helius Minerals Ltd
Helius Minerals Ltd looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
Helius Minerals Ltd operates in Other Energy, based in Vancouver.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Helius Minerals Ltd has raised $11M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $11M on 2026-02-05.
Most recent recorded round closed around 2026-02-05.
Valuation (modeled)modeled
Provath models Helius Minerals Ltd at approximately $30M (range $15M–$44M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.51× the median modeled value of Series A Other Energy companies in 2025–2027 (43 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 5 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
Comparablesmixed
Capital scale ranks ahead of 72% of Other Energy peers (2049 compared).
Modeled value ranks above 61% of those peers.
Closest niche peers: Industrial Biomass Group LLC, Hixwood CFS Partners, LLC, Endolith Inc., Sora Fuel Corp, Sapphire Technologies, Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.