Homerun Resources (TSE:HMR)
:HMR
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Homerun Resources
(HMR)
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Select Model
Rating:49Neutral
Price Target:
C$0.89
▲(4.24% Upside)
Action:UpgradedDate:12/30/25
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.
Positive Factors
Low leverage / positive equity
A near-zero debt load and positive TTM equity provide durable solvency buffer and financing optionality. For an early-stage miner, this reduces short-term default risk, supports ongoing project work, and improves ability to raise growth capital without immediate balance-sheet distress.
Negative Factors
Minimal revenue and deep losses
The company generates negligible revenue while reporting substantial operating losses, showing the business is not yet economically sustainable. Persistent negative margins mean large scale-up and structural operating improvements are required before self-funded growth is feasible.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / positive equity
A near-zero debt load and positive TTM equity provide durable solvency buffer and financing optionality. For an early-stage miner, this reduces short-term default risk, supports ongoing project work, and improves ability to raise growth capital without immediate balance-sheet distress.
Read all positive factors
Homerun Resources (HMR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$64.40M
Dividend YieldN/A
Average Volume (3M)57.75K
Price to Earnings (P/E)―
Beta (1Y)1.01
Revenue GrowthN/A
EPS Growth-7.00%
CountryCA
Employees7
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.02
Shares Outstanding76,666,620
10 Day Avg. Volume53,520
30 Day Avg. Volume57,751
Financial Highlights & Ratios
PEG Ratio-0.17
Price to Book (P/B)29.70
Price to Sales (P/S)0.00
P/FCF Ratio-24.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$2.17Price Target Upside154.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Homerun Resources Business Overview & Revenue Model
Company Description
Homerun 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 ...
How the Company Makes Money
Homerun 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 o...
Homerun Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
55
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 37.68K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.61M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -5.51M | -3.90M | -1.54M | -1.00M | -814.70K | 0.00 |
| Net Income | -5.04M | -3.90M | -1.58M | -1.24M | -717.19K | 2.28M |
Balance Sheet | ||||||
| Total Assets | 4.66M | 2.78M | 587.06K | 158.02K | 248.27K | 46.80K |
| Cash, Cash Equivalents and Short-Term Investments | 707.85K | 1.71M | 18.63K | 489.00 | 99.55K | 27.86K |
| Total Debt | 0.00 | 87.71K | 94.74K | 69.75K | 83.38K | 168.77K |
| Total Liabilities | 1.70M | 464.66K | 919.91K | 1.12M | 1.02M | 1.55M |
| Stockholders Equity | 2.96M | 2.32M | -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 Flow | 12.25K | -72.30K | -286.40K | -24.47K | -46.40K | -10.00K |
| Financing Cash Flow | 4.52M | 4.60M | 1.95M | 806.24K | 456.68K | 143.29K |
Homerun Resources Technical Analysis
Negative
0.85
Price Trends
0.90
Negative
0.94
Negative
0.95
Negative
Market Momentum
>-0.01
Negative
45.23
Neutral
26.19
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 0.85 is below the 20-day moving average (MA) of 0.86, below the 50-day MA of 0.90, and below the 200-day MA of 0.95, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.23 is Neutral, neither overbought nor oversold. The STOCH value of 26.19 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | C$90.49M | -15.92 | -13.22% | ― | ― | 33.77% | |
49 Neutral | C$64.40M | -9.17 | -300.84% | ― | ― | -7.00% | |
49 Neutral | C$111.82M | -19.24 | 104.48% | ― | ― | 22.62% | |
47 Neutral | C$86.68M | -12.67 | -7.69% | ― | ― | ― | |
43 Neutral | C$66.60M | -5.68 | -50.93% | ― | ― | ― | |
43 Neutral | C$57.35M | -13.21 | -22.48% | ― | ― | 28.32% |
* Basic Materials Sector Average
TSE:HMR
Homerun Resources
0.84
-0.18
-17.65%
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Homerun Resources Corporate Events
Business Operations and StrategyProduct-Related Announcements
Homerun Energy Hits Durability Milestone in Large-Area Perovskite Solar Modules
Positive
Jan 27, 2026
Homerun Resources, via its 100%-owned subsidiary Homerun Energy, reported a significant advance in perovskite photovoltaic technology with the publication of peer-reviewed research in Nature Energy demonstrating large-area perovskite solar modules...
Business Operations and StrategyPrivate Placements and Financing
Homerun Resources Details Sorbie Financing Settlements and Inks C$202,000 Media Deal
Positive
Jan 21, 2026
Homerun Resources Inc. has disclosed the first two monthly settlements under its previously announced C$6 million financing arrangement with Sorbie Bornholm LP, generating gross proceeds of approximately C$206,785 in December 2025 and C$223,645 in...
Business Operations and StrategyPrivate Placements and Financing
Homerun Resources Moves Forward on Latin America’s First Solar Glass Plant with SORG Deal
Positive
Jan 21, 2026
Homerun Resources has signed a Letter of Intent with Germany’s Nikolaus Sorg GmbH Co. KG to act as technology provider and equipment supplier for a 1,000-tonne-per-day antimony-free solar glass manufacturing plant in Santa Maria Eterna, Bah...
Business Operations and StrategyPrivate Placements and Financing
Homerun Resources Closes $3.1 Million TSXV-Approved Private Placement
Positive
Jan 9, 2026
Homerun Resources has received final approval from the TSX Venture Exchange and closed a private placement financing totaling approximately $3.13 million, issuing 3,128,384 units at $1.00 each, with each unit comprising one common share and a warr...
Business Operations and Strategy
Homerun Resources Secures Full Mining Permit and 40-Year Lease for Brazilian Silica Assets
Positive
Jan 8, 2026
Homerun Resources has secured a full mining permit from Brazil’s National Mining Agency for its Belmonte, Bahia silica sand project and has executed a definitive 40-year lease agreement with state-owned CBPM covering four mineral rights area...
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...
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 prop...
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 th...
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 Dor...
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 mov...
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 mar...
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...
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&#...
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.