Homerun Resources (HMR) AI Stock Analysis

• Market Cap: $63.13M
• Dividend Yield: N/A
• Average Volume (3M): 58.88K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.22
• Revenue Growth: N/A
• EPS Growth: -184.59%
• Country: CA
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Mining
• EPS (TTM): -0.07
• Shares Outstanding: 62,505,180
• 10 Day Avg. Volume: 41,947
• 30 Day Avg. Volume: 58,878
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -25.30
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Homerun Resources is grappling with severe financial challenges, including zero revenue and negative cash flows, significantly impacting its overall score. The technical analysis indicates further bearish sentiment, while valuation metrics are problematic due to negative earnings. The lack of positive developments in corporate events or earnings calls also contributes to a low score. The stock's prospects remain concerning without a clear path to revenue generation and profitability.

Homerun Resources Business Overview & Revenue Model

Company Description

Homerun Resources (HMR) is a company engaged in the exploration, development, and acquisition of mineral resources, primarily focusing on strategic minerals essential for various industries. The company operates in the mining sector, leveraging its expertise to discover and develop resources that are critical to technological advancement and industrial processes.

How the Company Makes Money

Homerun Resources generates revenue through the exploration and development of mineral properties, focusing on extracting valuable minerals such as lithium, cobalt, and other strategic resources. The company's primary revenue streams include the sale of extracted minerals to industrial clients and manufacturers that require these resources for their products. Additionally, HMR may engage in joint ventures or partnerships with other mining companies to share the costs and rewards of developing mineral deposits. The company's earnings are influenced by the global demand for strategic minerals, commodity prices, and its ability to efficiently extract and deliver these resources to the market.

Homerun Resources Financial Statement Overview

Summary

Homerun Resources is facing significant financial difficulties, with zero revenue, negative profitability, and cash flow challenges. The company's negative equity and reliance on financing to sustain operations raise concerns about long-term viability. Without improvements in revenue generation and cost management, financial health remains precarious.

Income Statement

Homerun Resources has consistently reported zero revenue over the periods analyzed. This absence of revenue, coupled with negative EBIT and net income figures, signifies challenges in achieving profitability and growth. The company's inability to generate revenue is a significant weakness, especially for the mining industry where operational and exploration costs are high.

Balance Sheet

The company is operating with negative stockholders' equity, indicating a concerning financial position with liabilities exceeding assets. However, the debt-to-equity ratio is not applicable due to negative equity, and the company has managed to reduce net debt over the years. Despite some improvement in total assets in the TTM period, the overall financial stability is weak.

Cash Flow

Cash flow statements reflect continuous negative operating and free cash flows, indicating a struggle to generate cash from operations. Although financing cash flows have been positive, likely due to raising capital, this reliance poses a risk if future financing is not secured. The negative cash flow trend highlights liquidity challenges.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-2.68M	-1.56M	-1.16M	-814.70K	-618.31K	-689.69K
	EBITDA
-3.80M	-1.54M	-1.00M	-814.70K	0.00	-689.69K
	Net Income Common Stockholders
-3.93M	-1.58M	-1.24M	-717.19K	2.28M	-699.26K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
72.08K	18.63K	―	99.55K	27.86K	113.00
	Total Assets
638.48K	587.06K	158.02K	248.27K	46.80K	7.23K
	Total Debt
94.74K	94.74K	69.75K	83.38K	168.77K	0.00
	Net Debt
22.66K	76.11K	69.26K	-16.16K	140.91K	-113.00
	Total Liabilities
760.54K	919.91K	1.12M	1.02M	1.55M	4.67M
	Stockholders Equity
-122.06K	-332.85K	-963.65K	-776.51K	-1.50M	-4.66M
Cash Flow		Free Cash Flow
-2.57M	-1.92M	-905.29K	-384.99K	-115.54K	-22.01K
	Operating Cash Flow
-2.29M	-1.63M	-880.82K	-338.59K	-105.54K	-22.01K
	Investing Cash Flow
-286.40K	-286.40K	-24.47K	-46.40K	-10.00K	0.00
	Financing Cash Flow
2.38M	1.95M	806.24K	456.68K	143.29K	22.00K

Homerun Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 Negative. The current price of 1.01 is below the 20-day moving average (MA) of 1.16, below the 50-day MA of 1.17, and below the 200-day MA of 1.47, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.23 is Neutral, neither overbought nor oversold. The STOCH value of 48.04 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NGD	73 Outperform	$3.93B	28.25	11.14%	―	18.32%	―
EQX	72 Outperform	$4.15B	10.56	9.23%	―	41.78%	619.60%
OR	71 Outperform	C$5.79B	260.03	1.33%	0.83%	6.02%	―
CXB	70 Outperform	C$2.69B	54.02	4.55%	―	6.13%	-76.71%
BTO	66 Neutral	C$5.90B	―	-18.54%	4.33%	-0.18%	-2195.85%
Sector *	47 Neutral	$2.49B	-2.97	-22.82%	3.51%	4.13%	-28.53%
HMR	28 Underperform	$63.13M	―	-419.20%	―	―	-184.59%

Homerun Resources Corporate Events

Homerun Resources Secures Key Environmental License

Homerun Resources Inc. has successfully secured an Environmental License for its silica sand project in Belmonte, Brazil, marking a significant milestone in its partnership with Companhia Baiana de Produção Mineral. This achievement demonstrates Homerun’s positive standing with the Bahia government and reinforces its commitment to operational excellence and sustainability.

Homerun Resources Acquires Halocell Europe for Solar Innovation

Homerun Resources Inc. has signed a binding agreement to acquire Halocell Europe, a leader in perovskite solar technology, aiming to advance the commercialization of perovskite solar cells. This acquisition positions Homerun as a key player in the solar energy market, leveraging Halocell’s expertise and ongoing projects in Europe.

Homerun Resources Boosts Investment in UC-Davis Partnership

Homerun Resources Inc. has announced an increased investment in their R&D partnership with UC-Davis to advance the development of a scalable commercial plant for silica and graphite processing. This initiative aims to produce advanced materials with zero-waste and zero-emission outcomes, leveraging significant expertise in materials science.

Homerun Resources Advances Silica Storage Breakthrough

Homerun Resources Inc. announced a breakthrough in their Enduring Energy Storage research in partnership with the U.S. Department of Energy’s National Renewable Energy Laboratory, utilizing advanced silica processing techniques. The company’s silica sand has shown promising results with high purity, potentially enhancing purification and electricity arbitrage in energy storage systems.

Homerun Resources Partners with Veracel Celulose

Homerun Resources Inc. has entered into a non-binding Letter of Intent with Veracel Celulose to explore opportunities in logistics and community relations for silica sands from the Belmonte Silica District. The partnership aims to leverage Veracel’s existing logistics infrastructure to enhance transportation efficiency and engage in community development initiatives.

Homerun Resources Partners with Norsul for Silica Transport

Homerun Resources Inc. has signed a non-binding Memorandum of Understanding with Norsul for the maritime transport of high purity silica sands from the Belmonte Silica District. This partnership aims to utilize Norsul’s logistics expertise to enhance operational efficiency and explore potential synergies in silica sand transport. The collaboration is a strategic step in Homerun’s business plan to strengthen its competitive position in the global market.