Stonegate Capital Partners Begins Coverage of Heliostar Metals Ltd (HSTR)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 26 2025
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Source: Yahoo Finance
Company Overview: Heliostar Metals Ltd (TSXV: HSTR) is initiating coverage on its flagship Ana Paula project in Guerrero, which has approximately 1.2 million ounces of gold and is fully permitted for open-pit mining, with plans for an underground permit amendment in 2026.
Financial Performance: In 2Q25, HSTR sold 8,556 GEOs at an all-in sustaining cost of $1,541/oz, generating $27.9 million in revenue, while maintaining around $30 million in cash and no debt.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








