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Homerun Resources (TSE:HMR)
:HMR

Homerun Resources (HMR) AI Stock Analysis

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TSE:HMR

Homerun Resources

(HMR)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
C$1.00
▼(-0.99% Downside)
The score is held back primarily by weak financial performance (minimal revenue, substantial losses, and persistent cash burn). Offsetting factors include a relatively low-leverage balance sheet and a set of positive corporate developments and financings, while technicals and valuation remain mixed/limited due to losses.

Homerun Resources (HMR) vs. iShares MSCI Canada ETF (EWC)

Homerun Resources Business Overview & Revenue Model

Company DescriptionHomerun Resources Inc. engages in the exploration and development of mineral properties in Canada and Brazil. The company extracts and processes silica sand deposits. It has an option to acquire a 100% interest in the Tatooine Silica project that covers an area of approximately 3,958 hectares located in Brisco, British Columbia; and the Belmonte silica concession covering an area of approximately 69.4 hectares located in Belmonte, Bahia. The company was formerly known as EnviroTek Remediation Inc. and changed its name to Homerun Resources Inc. in August 2021. Homerun Resources Inc. was incorporated in 1980 and is headquartered in Vancouver, Canada.
How the Company Makes MoneyHomerun Resources makes money primarily through the exploration and development of mineral projects, which involves identifying and evaluating mineral deposits that can be economically viable for extraction. Revenue is generated through the sale of mineral rights, partnerships with other mining companies, and potential production activities. Additionally, HMR may engage in joint ventures or strategic alliances to share risks and enhance project development capabilities. The company's earnings are influenced by market demand for specific minerals, successful project advancements, and effective cost management.

Homerun Resources Financial Statement Overview

Summary
Homerun Resources faces significant financial challenges, with no revenue and persistent losses over multiple periods. While there are signs of improvement in equity and external financing, the company remains in a precarious position with limited operational cash flow and an inability to generate profits.
Income Statement
Homerun Resources has not generated any revenue over the assessed periods, indicating a lack of business operations or sales activity. The company has sustained continuous losses, with negative EBIT and net income. The absence of revenue growth and profitability suggests significant challenges in achieving operational success.
Balance Sheet
The company's balance sheet reflects a high reliance on equity, with a positive stockholders' equity in the latest TTM period, signaling improvement from previous negative equity positions. The debt-to-equity ratio is low due to minimal debt, which reduces financial risk. However, the overall asset base remains small, indicating limited financial resources.
Cash Flow
The cash flow statement reveals consistently negative operating cash flow, suggesting operational inefficiencies or challenges in cash generation. Despite recent improvements in financing cash flow, the company has yet to achieve positive free cash flow, indicating ongoing cash burn and reliance on external financing.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue37.68K0.000.000.000.000.00
Gross Profit-1.61M0.000.000.000.000.00
EBITDA-5.51M-3.90M-1.54M-1.00M-814.70K0.00
Net Income-5.04M-3.90M-1.58M-1.24M-717.19K2.28M
Balance Sheet
Total Assets4.66M2.78M587.06K158.02K248.27K46.80K
Cash, Cash Equivalents and Short-Term Investments707.85K1.71M18.63K99.55K27.86K
Total Debt0.0087.71K94.74K69.75K83.38K168.77K
Total Liabilities1.70M464.66K919.91K1.12M1.02M1.55M
Stockholders Equity2.96M2.32M-332.85K-963.65K-776.51K-1.50M
Cash Flow
Free Cash Flow-4.47M-2.83M-1.92M-905.29K-384.99K-115.54K
Operating Cash Flow-4.27M-2.76M-1.63M-880.82K-338.59K-105.54K
Investing Cash Flow12.25K-72.30K-286.40K-24.47K-46.40K-10.00K
Financing Cash Flow4.52M4.60M1.95M806.24K456.68K143.29K

Homerun Resources Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.01
Price Trends
50DMA
0.98
Negative
100DMA
0.95
Negative
200DMA
0.99
Negative
Market Momentum
MACD
-0.03
Positive
RSI
34.35
Neutral
STOCH
25.55
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HMR, the sentiment is Negative. The current price of 1.01 is below the 20-day moving average (MA) of 1.06, above the 50-day MA of 0.98, and above the 200-day MA of 0.99, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 34.35 is Neutral, neither overbought nor oversold. The STOCH value of 25.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:HMR.

Homerun Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
60
Neutral
C$70.42M-63.19-8.75%
56
Neutral
C$67.29M-21.38-12.97%33.77%
49
Neutral
C$64.63M-10.99-300.84%-7.00%
49
Neutral
C$84.66M-15.96-42.27%28.32%
43
Neutral
C$62.45M-3.79-43.89%
39
Underperform
C$72.35M-25.3822.62%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:HMR
Homerun Resources
0.89
-0.29
-24.58%
TSE:ROS
RosCan Gold
0.17
0.10
153.85%
TSE:GPAC
Great Pacific Gold
0.41
-0.13
-24.07%
TSE:AMQ
Abitibi Metals
0.46
0.17
56.90%
TSE:ARIC
Awale Resources Limited
0.65
0.21
47.73%
TSE:LVX
Leviathan Gold
0.86
0.82
2050.00%

Homerun Resources Corporate Events

Business Operations and StrategyM&A Transactions
Homerun Resources Finalizes Third Lease to Consolidate Key Silica Assets in Bahia
Positive
Jan 6, 2026

Homerun Resources has completed the acquisition of additional mineral rights in the Santa Maria Eterna Silica Sand District in Belmonte, Bahia, Brazil, securing the Pedreiras mining tenement under a lease with Companhia Bahiana de Pesquisa Mineral. This transaction, the third and final lease acquisition in the district, further consolidates the company’s control over the high-purity silica resource, with the fully permitted tenement carrying a relatively low royalty rate per extracted tonne. The deal was settled through the issuance of approximately US$1.2 million in common shares and US$200,000 in one-year share purchase warrants, all approved by the TSX Venture Exchange and subject to a standard four-month hold period and monthly sale limits for the vendor. The acquisition strengthens Homerun’s vertically integrated strategy in silica and clean energy manufacturing and is expected to enhance its positioning in premium solar glass and advanced energy materials markets.

The most recent analyst rating on (TSE:HMR) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Homerun Resources stock, see the TSE:HMR Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Homerun Energy Named EU Key Innovator as Homerun Resources Closes $3.1 Million Financing
Positive
Dec 18, 2025

Homerun Resources’ subsidiary Homerun Energy SRL has been recognized by the European Commission’s Innovation Radar as a Key Innovator for its role in developing NIR-optimized flexible CIGS solar modules for a propellant-less solar propulsion system within the EU-funded E.T.COMPACT project, which has been assessed as business-ready with high market-creation potential. The acknowledgment underscores Homerun Energy’s growing profile in advanced clean energy and space-related photovoltaic technologies, while the company also strengthened its financial position by closing a TSX Venture Exchange-approved private placement of approximately $3.1 million, proceeds of which will support project payments, ongoing development and general working capital needs.

The most recent analyst rating on (TSE:HMR) stock is a Buy with a C$2.54 price target. To see the full list of analyst forecasts on Homerun Resources stock, see the TSE:HMR Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Homerun Confirms High-Quality Silica Sand for Antimony-Free Solar Glass Production
Positive
Dec 17, 2025

Homerun Resources Inc. announced the confirmation of positive test results by Minerali Industriali Engineering on Santa Maria Eterna silica sand, validating its suitability for antimony-free solar glass manufacturing. These findings demonstrate the material’s high purity and minimal processing requirements, giving the company a competitive edge in the production of eco-friendly solar glass and advancing its efforts toward sustainability and energy transition, while supporting the bankable feasibility study and expanding its market position.

The most recent analyst rating on (TSE:HMR) stock is a Buy with a C$2.54 price target. To see the full list of analyst forecasts on Homerun Resources stock, see the TSE:HMR Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Homerun Resources Confirms High-Value Applications for Silica Sand Project
Positive
Dec 10, 2025

Homerun Resources Inc. announced successful results from metallurgical testing of its Santa Maria Eterna silica sand project, confirming the deposit’s suitability for multiple high-value industrial applications. The testing, conducted by Dorfner Anzaplan, validated several non-hydrofluoric acid purification processes, achieving exceptionally low impurity levels. This positions Homerun to meet the growing demand for high-purity silica in renewable energy and electrification markets, offering a competitive advantage due to its superior environmental footprint and high-quality raw material.

The most recent analyst rating on (TSE:HMR) stock is a Buy with a C$2.54 price target. To see the full list of analyst forecasts on Homerun Resources stock, see the TSE:HMR Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Homerun Resources Appoints Jiri Skopek to Drive Energy Storage Commercialization
Positive
Dec 2, 2025

Homerun Resources, Inc. has appointed Jiri Skopek as Corporate Development Advisor to aid in the commercialization of its Enduring Long Duration Energy Storage System (LDES) integrated with its AI Energy Management System (EMS). This strategic move follows an Intellectual Property Agreement with the National Renewable Energy Laboratory and aims to enhance the company’s positioning in the clean energy sector. The integration of AI into their systems is expected to optimize energy efficiency and enable advanced services like energy trading, aligning with global trends towards sustainable energy solutions.

The most recent analyst rating on (TSE:HMR) stock is a Buy with a C$2.54 price target. To see the full list of analyst forecasts on Homerun Resources stock, see the TSE:HMR Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Homerun Resources Secures Key IP Agreement with NREL for Advanced Energy Storage
Positive
Dec 2, 2025

Homerun Resources Inc. has signed a global Intellectual Property Agreement with the Alliance for Sustainable Energy, related to particle-based thermal energy storage systems developed by the National Renewable Energy Laboratory. This agreement marks a significant step in Homerun’s commercialization strategy, integrating their AI Energy Management System with NREL’s technology, and filing a new patent application for a thermal energy storage system that incorporates silica sand purification. This development positions Homerun at the forefront of the energy storage industry, potentially impacting stakeholders by advancing long-duration energy storage solutions and contributing to a global electrification revolution.

The most recent analyst rating on (TSE:HMR) stock is a Buy with a C$2.54 price target. To see the full list of analyst forecasts on Homerun Resources stock, see the TSE:HMR Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Homerun Resources Advances Solar Glass Initiative with New Testing Partnership
Positive
Nov 18, 2025

Homerun Resources Inc. has engaged Minerali Industriali Engineering to conduct testing on silica sand from Santa Maria Eterna, Brazil, for use in antimony-free solar glass production. This initiative is part of Homerun’s Bankable Feasibility Study, aiming to establish the first solar glass manufacturing plant in Latin America. The collaboration with MIE is expected to enhance Homerun’s position in the clean energy sector by ensuring the quality and applicability of its silica resources for advanced solar technologies.

The most recent analyst rating on (TSE:HMR) stock is a Buy with a C$2.54 price target. To see the full list of analyst forecasts on Homerun Resources stock, see the TSE:HMR Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Homerun Resources Advances Solar Glass Project with Feasibility Study
Positive
Nov 14, 2025

Homerun Resources Inc. has engaged DTEC PMP GmbH to conduct a Bankable Feasibility Study (BFS) for its antimony-free solar glass manufacturing project in Brazil. This study is a crucial step in Homerun’s strategy to establish Latin America’s first dedicated solar glass facility, aligning with their timeline for commercialization by Q1 2026. The BFS will evaluate the project’s technical and economic aspects, helping secure financing and initiate construction. This development is expected to validate the project’s economic and ESG benefits, enhancing Homerun’s position in the clean energy market.

The most recent analyst rating on (TSE:HMR) stock is a Buy with a C$2.54 price target. To see the full list of analyst forecasts on Homerun Resources stock, see the TSE:HMR Stock Forecast page.

Private Placements and Financing
Homerun Resources Awaits Approval for Major Financing Deals
Neutral
Oct 25, 2025

Homerun Resources Inc. has submitted a formal application for conditional approval of a $6-million financing deal with a single institutional investor, awaiting approval from the TSX Venture Exchange. Additionally, the company is oversubscribed for its $3-million private placement, which will close after the institutional financing, with the closing date extended to November 24, 2025, pending TSX-V approval.

The most recent analyst rating on (TSE:HMR) stock is a Buy with a C$2.54 price target. To see the full list of analyst forecasts on Homerun Resources stock, see the TSE:HMR Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 30, 2025