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Hm Exploration Corp.
(HM)
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Rating:42Neutral
Price Target:
C$0.29
▲(25.22% Upside)
Action:Reiterated
Date:09/25/26
The score is driven primarily by very weak financial performance (no revenue, recurring losses, and negative free cash flow indicating continued funding dependence). Technicals add further pressure with a price below major moving averages and a negative MACD, only partially offset by neutral RSI and near-oversold Stoch. Valuation contributes limited support because negative earnings make the P/E less informative and no dividend data is available.
Positive Factors
Low Leverage
Minimal debt reduces solvency pressure and avoids substantial interest obligations while the company remains pre-revenue. This gives management more flexibility to allocate financing toward exploration and operations, although it does not remove the need for external capital.
Negative Factors
No Revenue
Zero reported revenue indicates that the company has not yet demonstrated commercial production or a recurring revenue engine. Without sales, operating progress depends on exploration outcomes and financing, leaving limited visibility into when the business can become self-sustaining.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Minimal debt reduces solvency pressure and avoids substantial interest obligations while the company remains pre-revenue. This gives management more flexibility to allocate financing toward exploration and operations, although it does not remove the need for external capital.
Read all positive factors
Hm Exploration Corp. (HM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$7.86M
Dividend YieldN/A
Average Volume (3M)8.46K
Price to Earnings (P/E)―
Beta (1Y)1.98
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.04
Shares Outstanding27,101,862
10 Day Avg. Volume14,758
30 Day Avg. Volume8,462
Financial Highlights & Ratios
PEG Ratio-7.28
Price to Book (P/B)2.38
Price to Sales (P/S)0.00
P/FCF Ratio-11.48
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Hm Exploration Corp. Business Overview & Revenue Model
Company Description
HM Exploration Corp. primarily engages in prospecting for valuable metallic deposits, encompassing both precious and base metals, throughout Canada. Its current operations involve active exploration work at the Devil's Den Project, located in Brit...
Hm Exploration Corp. Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | Apr 2026 | Apr 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | -8.19K | 0.00 | 0.00 |
| EBITDA | -651.43K | -309.88K | -110.23K | -1.30M | -2.46M |
| Net Income | -644.25K | -351.76K | -788.80K | -2.17M | -3.01M |
Balance Sheet | |||||
| Total Assets | 3.57M | 122.33K | 126.08K | 669.08K | 1.62M |
| Cash, Cash Equivalents and Short-Term Investments | 2.45M | 90.43K | 70.91K | 42.03K | 1.04M |
| Total Debt | 0.00 | 32.90K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 698.14K | 1.06M | 942.66K | 849.14K | 312.34K |
| Stockholders Equity | 2.87M | -940.72K | -816.57K | -180.06K | 1.31M |
Cash Flow | |||||
| Free Cash Flow | -594.57K | -307.76K | -21.11K | -1.42M | -2.94M |
| Operating Cash Flow | -585.53K | -248.02K | -21.11K | -1.18M | -2.69M |
| Investing Cash Flow | -252.86K | -32.22K | 10.00K | -231.57K | -213.87K |
| Financing Cash Flow | 3.08M | 168.88K | 40.00K | 420.30K | 3.18M |
Hm Exploration Corp. Technical Analysis
Negative
0.23
Price Trends
0.41
Negative
0.45
Negative
0.39
Negative
Market Momentum
-0.03
Positive
40.29
Neutral
15.37
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HM, the sentiment is Negative. The current price of 0.23 is below the 20-day moving average (MA) of 0.34, below the 50-day MA of 0.41, and below the 200-day MA of 0.39, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 40.29 is Neutral, neither overbought nor oversold. The STOCH value of 15.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:HM.
Hm Exploration Corp. Peers Comparison
UnderperformOutperform
Sector (55)
TSE:HM
Hm Exploration Corp.
0.30
0.06
25.00%
TSE:PURR
Panther Minerals
0.71
0.11
18.53%
TSE:METL
Metalite Resources
0.22
-0.02
-8.33%
TSE:GRAY
Graycliff Exploration
0.28
0.22
366.67%
TSE:HARD
Hardcore Discoveries
0.04
-0.04
-53.33%
Hm Exploration Corp. Corporate Events
Business Operations and Strategy
HM Exploration Advances Geophysical Work and Readies Phase 2 Drilling at Lewis Pilley’s
Positive
Sep 25, 2026
HM Exploration Corp. has completed a televiewer survey and a Crone time-domain electromagnetic program across eleven drill holes at its Lewis Pilley’s Project in Newfoundland. The structural data from the televiewer is being integrated into ...
Business Operations and StrategyDelistings and Listing Changes
HM Exploration Gains DTC Eligibility as Lewis Pilley’s Project Advances
Positive
Aug 24, 2026
HM Exploration Corp., a Canadian mineral explorer, is advancing its Lewis Pilley’s Project in Newfoundland while also holding the Devil’s Den Project on Vancouver Island in British Columbia. The company targets historically underexplor...
Business Operations and Strategy
HM Exploration Launches EM Surveys to Refine Lewis Pilley’s VMS Targets
Positive
Aug 17, 2026
HM Exploration Corp. has begun borehole and surface Time-Domain Electromagnetic surveys at its Lewis Pilley’s Project in Newfoundland, contracting Crone Geophysics to carry out the work around the Clifford Jones (Bull Road) Zone. The program...
Business Operations and StrategyPrivate Placements and Financing
Anonymous Intelligence Doubles Strategic Stake in ARKHIVE to 20%
Positive
Aug 4, 2026
Anonymous Intelligence Company Inc. has exercised its option to double its strategic equity stake in ARKHIVE Technologies Ltd. from 10% to 20%, acquiring an additional 100,000 ARKHIVE common shares. In return, ANON will issue 800,000 of its own co...
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.