Homerun Resources Inc. experienced notable volatility this week, highlighted by a significant drop in price on Thursday.
Homerun Resources Inc. (HMR.V) has had a mixed week, with a 7.89% increase overall despite a sharp 5.20% decline on Thursday. This performance reflects ongoing challenges in the market, particularly in the resource sector.
Investor takeaway: As you watch Homerun Resources, consider the company's current price movements alongside its historical performance and technical indicators. The absence of recent news may indicate that market sentiment is largely influencing the stock's fluctuations.
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Homerun Resources Inc.
HMR.V
HMR.V
Homerun Resources Inc.
WealthAwesomeMarket cap
$33.45M
52W high
$1.27
52W low
$0.33
1W change
+7.89%
Beta
1.34
Analyst Price Targets
Based on analyst covering HMR · as of Sep 17, 2026
Wall Street analysts forecast HMR stock price to rise 24.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$2.17
+24.7% Upside
Current Price
C$1.74
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on HMR's historical volatility
30-Day Vol
104.7%
Annualized
90-Day Vol
73.0%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$0.34
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.39 | C$0.27 – C$0.55 |
| 60 trading days | C$0.36 | C$0.22 – C$0.61 |
| 90 trading days | C$0.34 | C$0.18 – C$0.64 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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C$0.40
The stock closed at C$0.40, which is significantly below both its 50-day and 200-day moving averages. This suggests a bearish sentiment among investors.
Bull case
Analysts are optimistic about Homerun Resources, with an average target price of C$2.17. This indicates significant upside potential from current levels and may attract investors looking for long-term growth opportunities.
Bear case
On the other hand, the stock has seen a steep decline of 56.38% year-to-date, raising concerns about the company's ability to recover soon. With negative earnings and a high beta of 1.34, the stock may continue to experience volatility.
Price Action Overview
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Homerun Resources Inc. closed at C$0.40 on Thursday, marking a 5.20% decline for the day. Despite this drop, the stock has gained 7.89% over the past week, indicating some recovery from earlier losses. However, it remains down 28.07% over the past month and has declined 56.38% year-to-date.
Technical Picture
Homerun Resources is currently trading well below its key moving averages. The 50-day moving average is at C$0.52, which is 22.9% higher than the current price, while the 200-day moving average is at C$0.75, representing a 46.7% gap. The stock's 52-week range has been between C$0.33 and C$1.27, with the current price at about 7% of that range. The stock's beta of 1.34 indicates it is more volatile than the overall market, which may contribute to the recent fluctuations in its share price.
Volume Analysis
The latest trading volume for Homerun Resources was 28,512 shares, significantly below the 20-day average volume of 71,874 shares. This lower volume suggests a lack of strong investor interest or market participation at the current price levels.
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