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Homerun Resources
(HMR)
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Rating:42Neutral
Price Target:
C$0.34
▼(-25.87% Downside)
Action:Reiterated
Date:10/01/26
The score is driven primarily by weak financial performance (tiny and declining revenue, large losses, and continued cash burn), which outweighs the positive balance-sheet attribute of zero debt and positive equity. Technicals further pressure the score as the stock is in a clear downtrend with negative momentum. Valuation contributes limited support due to negative earnings and no indicated dividend yield.
Positive Factors
Zero Debt
Zero reported debt limits interest obligations and reduces refinancing pressure, giving the company greater financial flexibility while it works to improve operations. This conservative leverage profile may help preserve strategic options and make future funding needs less burdensome than they would be with material debt.
Negative Factors
Tiny Declining Revenue Base
The very small revenue base and year-over-year decline indicate that commercial scale and customer traction remain weak. Without sustained top-line expansion, the company has limited ability to absorb fixed costs, fund development internally, or establish a durable operating model over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero Debt
Zero reported debt limits interest obligations and reduces refinancing pressure, giving the company greater financial flexibility while it works to improve operations. This conservative leverage profile may help preserve strategic options and make future funding needs less burdensome than they would be with material debt.
Read all positive factors
Homerun Resources (HMR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$29.45M
Dividend YieldN/A
Average Volume (3M)62.34K
Price to Earnings (P/E)―
Beta (1Y)0.96
Revenue Growth87.28%
EPS Growth-96.70%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryEnvironmental Services
Share Statistics
EPS (TTM)-0.15
Shares Outstanding78,545,290
10 Day Avg. Volume44,009
30 Day Avg. Volume62,338
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)22.85
Price to Sales (P/S)1462.78
P/FCF Ratio-13.48
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
Homerun Resources Business Overview & Revenue Model
Company Description
Homerun Resources Inc. specializes in identifying and cultivating mineral assets, with operations spanning Canada and Brazil. A key focus for the company involves the extraction and refinement of silica sand deposits. The firm currently possesses ...
Homerun Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 69.14K | 41.67K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 291.25K | 39.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -8.15M | -7.03M | -3.90M | -1.41M | -1.00M | -814.70K |
| Net Income | -10.18M | -9.16M | -3.90M | -1.58M | -1.24M | -717.19K |
Balance Sheet | ||||||
| Total Assets | 7.03M | 7.17M | 2.78M | 587.06K | 158.02K | 248.27K |
| Cash, Cash Equivalents and Short-Term Investments | 482.15K | 907.72K | 1.71M | 18.63K | 489.00 | 99.55K |
| Total Debt | 86.06K | 85.21K | 87.71K | 94.74K | 69.75K | 83.38K |
| Total Liabilities | 2.79M | 4.51M | 464.66K | 919.91K | 1.12M | 1.02M |
| Stockholders Equity | 4.24M | 2.67M | 2.32M | -332.85K | -963.65K | -776.51K |
Cash Flow | ||||||
| Free Cash Flow | -4.75M | -4.52M | -2.83M | -1.92M | -905.29K | -384.99K |
| Operating Cash Flow | -4.75M | -4.52M | -2.76M | -1.63M | -880.82K | -338.59K |
| Investing Cash Flow | -699.85K | 79.38K | -72.30K | -286.40K | -24.47K | -46.40K |
| Financing Cash Flow | 4.83M | 3.71M | 4.60M | 1.95M | 806.24K | 456.68K |
Homerun Resources Technical Analysis
Negative
0.46
Price Trends
0.47
Negative
0.53
Negative
0.70
Negative
Market Momentum
-0.03
Negative
40.65
Neutral
51.28
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 0.46 is above the 20-day moving average (MA) of 0.39, below the 50-day MA of 0.47, and below the 200-day MA of 0.70, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 40.65 is Neutral, neither overbought nor oversold. The STOCH value of 51.28 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% | |
47 Neutral | C$88.22M | 111.76 | -5.82% | ― | ― | 46.24% | |
47 Neutral | C$93.25M | -20.86 | -12.56% | ― | ― | 29.77% | |
44 Neutral | C$39.57M | -4.02 | -32.34% | ― | ― | -27.64% | |
43 Neutral | C$24.51M | -2.15 | -30.37% | ― | ― | 57.73% | |
42 Neutral | C$29.45M | -2.52 | -276.59% | ― | 87.28% | -96.70% | |
41 Neutral | C$58.94M | -10.08 | 131.26% | ― | ― | -98.46% |
* Basic Materials Sector Average
TSE:HMR
Homerun Resources
0.38
-0.56
-59.68%
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Homerun Resources Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Homerun Resources Advances Sorbie Financing With Eleventh Monthly Settlement
Positive
Oct 24, 2026
Homerun Resources Inc. reported the eleventh monthly settlement under its previously announced C$6 million financing agreement with Sorbie Bornholm LP, dated October 9, 2026, yielding gross proceeds of $100,063.04 from the release of 269,167 share...
Business Operations and StrategyProduct-Related Announcements
Homerun Resources Advances Antimony-Free High-Purity Solar Glass Patent
Positive
Oct 23, 2026
Homerun Resources has outlined a patent application for an antimony-free soda-lime-silica glass composition tailored to photovoltaic solar panels and other high-transparency uses. The formulation uses high-purity silica and sulfur trioxide as a cl...
Business Operations and StrategyM&A Transactions
Homerun Resources Secures Key Land in Brazil’s Santa Maria Eterna Silica District
Positive
Oct 23, 2026
Homerun Resources has completed the US$1.1 million acquisition of the 442.7-hectare Fazenda Conjunto São José e Nova Esperança land package in the Santa Maria Eterna silica sand district of Bahia, Brazil. The deal, paid in cash and ...
Business Operations and Strategy
Homerun Resources Strikes SiC Wafer Pact With Brazil’s CEITEC
Positive
Oct 21, 2026
Homerun Resources has signed a three-year memorandum of understanding with Brazil’s state-owned semiconductor company CEITEC to jointly develop silicon carbide substrates and wafers. The partnership is designed to combine Homerun’s hig...
Business Operations and Strategy
Homerun Resources Advances High-Purity Silica Supply Chain for Silicon and SiC Markets
Positive
Sep 4, 2026
Homerun Resources Inc. is expanding its high-purity silica feedstock pathway from its Santa Maria Eterna Silica Valley project in Brazil to serve advanced photonics, telecommunications, quantum networking and semiconductor markets in the Americas....
Business Operations and StrategyPrivate Placements and Financing
Homerun Resources Extends Term of 1.68 Million Warrants by One Year
Positive
Sep 4, 2026
Homerun Resources Inc. has extended the term of 1,675,054 common share purchase warrants issued as part of an October 28, 2024 private placement financing. The warrants, which carry an exercise price of $2.00, will now expire on October 28, 2027, ...
Business Operations and Strategy
Homerun Resources hits 4N silica milestone from Brazilian sand project
Positive
Aug 28, 2026
Homerun Resources has achieved production of bulk purified silica with plus 4N purity, or more than 99.99% SiO2, from its Santa Maria Eterna silica sand district in Bahia, Brazil, using a two-hour thermal pre-treatment followed by acid leaching. T...
Business Operations and StrategyPrivate Placements and Financing
Homerun Resources Details Ninth Settlement Under Sorbie Financing
Positive
Aug 18, 2026
Homerun Resources has reported the ninth monthly settlement under its C$6 million financing agreement with Sorbie Bornholm LP, dated August 10, 2026. The transaction generated gross proceeds of $115,461.88, led to the release of 269,167 shares fro...
Business Operations and StrategyPrivate Placements and Financing
Homerun Resources Secures Initial C$2 Million Convertible Financing From Lind
Positive
Aug 18, 2026
Homerun Resources has closed an initial C$2 million tranche of a senior secured convertible security funding agreement with Lind Global Fund III, providing near-term working capital and forming part of a broader capital strategy that could total u...
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.