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The latest update is out from Homerun Resources ( (TSE:HMR) ).
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.
More about Homerun Resources
Homerun Resources Inc. operates in the renewable energy sector, focusing on the production of high-quality solar glass. The company aims to cater to the growing demand for solar energy components, particularly in markets like Brazil, where solar power is a significant and expanding energy source.
YTD Price Performance: -12.11%
Average Trading Volume: 40,349
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $47.98M
Find detailed analytics on HMR stock on TipRanks’ Stock Analysis page.
