Homerun Resources (HMR) AI Stock Analysis

• Market Cap: $62.14M
• Dividend Yield: N/A
• Average Volume (3M): 62.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.97
• Revenue Growth: N/A
• EPS Growth: -20.54%
• Country: CA
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.03
• Shares Outstanding: 64,061,180
• 10 Day Avg. Volume: 87,544
• 30 Day Avg. Volume: 62,570
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.06
• Enterprise Value/Revenue: 1.78K
• Enterprise Value/Gross Profit: -347.45
• Enterprise Value/Ebitda: -13.08
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 38 Underperform
• Price Target: ―

Homerun Resources' overall score reflects significant financial hurdles, with no revenue and continuous losses. The bearish technical indicators and negative valuation metrics signal caution. However, recent strategic expansions and positive corporate events provide potential for future growth, which slightly offsets the negative financial outlook.

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 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 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 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.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	36.92K	0.00	0.00	0.00	0.00	0.00
Gross Profit	-189.19K	0.00	0.00	0.00	0.00	0.00
EBITDA	-5.03M	-3.90M	-1.54M	-1.00M	-814.70K	0.00
Net Income	-4.55M	-3.90M	-1.58M	-1.24M	-717.19K	2.28M
Balance Sheet
Total Assets	4.67M	2.78M	587.06K	158.02K	248.27K	46.80K
Cash, Cash Equivalents and Short-Term Investments	1.15M	1.71M	18.63K	―	99.55K	27.86K
Total Debt	84.98K	87.71K	94.74K	69.75K	83.38K	168.77K
Total Liabilities	1.88M	464.66K	919.91K	1.12M	1.02M	1.55M
Stockholders Equity	2.79M	2.32M	-332.85K	-963.65K	-776.51K	-1.50M
Cash Flow
Free Cash Flow	-3.69M	-2.83M	-1.92M	-905.29K	-384.99K	-115.54K
Operating Cash Flow	-3.49M	-2.76M	-1.63M	-880.82K	-338.59K	-105.54K
Investing Cash Flow	150.28K	-72.30K	-286.40K	-24.47K	-46.40K	-10.00K
Financing Cash Flow	4.13M	4.60M	1.95M	806.24K	456.68K	143.29K

Homerun Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.95
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HMR, the sentiment is Positive. The current price of 0.95 is above the 20-day moving average (MA) of 0.93, above the 50-day MA of 0.92, and below the 200-day MA of 1.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.07 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:HMR.

Homerun Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
OMI	44 Neutral	£190.66M	10.65	―	―	―	―
CCM	43 Neutral	C$89.22M	―	-4.00%	―	―	61.33%
MGG	39 Underperform	C$150.89M	―	-51.53%	―	―	-86.96%
HMR	38 Underperform	$62.14M	―	-286.62%	―	―	-20.54%

Homerun Resources Corporate Events

Homerun Resources Unveils New Branding and Strategic Expansion

Homerun Resources Inc. has rebranded its newly acquired subsidiary, Halocell Europe, to Homerun Energy, marking a significant step in its strategic expansion into the photovoltaic and energy management sectors. This move enhances Homerun’s capabilities in perovskite photovoltaics and AI energy management solutions, while also securing a substantial stake in Halocell Energy (Australia) and a majority interest in SeisSolar Fotovoltaica, a leader in alternative energy solutions. The rebranding and acquisitions are part of Homerun’s broader strategy to integrate silica into solar and energy storage solutions, leveraging established marketing and distribution channels to accelerate growth and capitalize on the global energy transition market.

Homerun Resources Secures CA$3 Million for Expansion in Green Energy Solutions

Homerun Resources Inc. announced a non-brokered private placement financing to raise a minimum of CA$3 million, which will be used for general working capital and business development within its silica to solar and energy storage operations. This strategic move aims to bolster the company’s position in the high-growth global energy transition markets, leveraging its high-purity quartz silica across various profit centers and maintaining a strong commitment to ESG principles.

Homerun Resources Expands Marketing Efforts with Blossom Social and Evolux Capital

Homerun Resources Inc. has engaged Blossom Social and Evolux Capital to expand its marketing reach among retail investors and enhance its brand development. These initiatives are part of Homerun’s strategy to increase transparency and investor education, potentially impacting its market positioning and stakeholder engagement positively.

Homerun Resources to Supply Solar Glass to Sengi Solar in Landmark Agreement

Homerun Resources Inc. has entered a non-binding agreement to supply Sengi Solar, a major Brazilian solar panel manufacturer, with a minimum of 20,000 tons of solar glass annually. This agreement is expected to enhance the supply chain efficiency for Sengi by reducing lead times and transportation costs while supporting Brazil’s domestic solar production goals, driven by recent regulatory changes favoring local manufacturing. This move positions Homerun as a key player in Brazil’s solar industry, contributing to job creation and the industrial utilization of local resources.

Homerun Resources Secures Silica Mineral Rights in Brazil

Homerun Resources Inc. has finalized an agreement to acquire the mineral rights for the Guidoni Belmonte District in Bahia, Brazil. This strategic acquisition, permitted for silica sand extraction, comes with a low extraction royalty, enhancing Homerun’s operational capabilities. The agreement has received the necessary consent from Companhia Bahiana de Pesquisa Mineral (CBPM), solidifying Homerun’s position in the mineral resources sector and potentially increasing its market share. The company engaged a qualified consultant to confirm the legal standing of the mineral rights and ensure the viability of this expansion.