TSX closed
Loading markets…

Advertisement

Stocks

What's Going On With Homerun Resources Inc. Stock Wednesday?

By Wealth Awesome -

Follow live quotes and coverage.

Stocks & ETFs:HMR.V

Follow HMR

Photos provided by Pexels

Exploring the recent performance and technical outlook for Homerun Resources Inc.

Homerun Resources Inc. (HMR.V) has had a tough week, with its stock price dropping by 6.36%. Currently trading at C$0.38, the stock has fallen 56.91% year-to-date. In this report, we’ll look at the latest stock performance, technical indicators, and market sentiment surrounding Homerun Resources.

Investor takeaway: Investors should stay cautious given the current price trends and technical indicators, while also watching for potential future developments in the company's fundamentals.

Advertisement

Homerun Resources Inc.

HMR.V

Full stock page →

HMR.V

Homerun Resources Inc.

Source:WealthAwesomeWealthAwesome
↓ $0.41 (-50.00%)
120 day period
$0.38$0.69$0.99Apr 22Jul 17Oct 13

Market cap

$30.16M

52W high

$1.27

52W low

$0.33

1W change

-6.36%

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 435.8% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$2.17

+435.8% Upside

Current Price

C$0.41

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on HMR's historical volatility

HistoricalForecast68%95%
C$0.12C$0.29C$0.46C$0.63C$0.80C$0.97TodayJun 4Aug 10Oct 13Nov 25Jan 8Feb 20

30-Day Vol

85.3%

Annualized

90-Day Vol

73.0%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$0.34

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$0.38C$0.28 – C$0.51
60 trading daysC$0.36C$0.24 – C$0.55
90 trading daysC$0.34C$0.20 – C$0.56

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.

Advertisement

Homerun Resources Inc. Trading at C$0.38 with Significant Upside Potential

At C$0.38, Homerun Resources Inc. is trading 49.5% below its 200-day moving average, which suggests a bearish trend in the long term.

Bull case

Analysts are optimistic, maintaining a bullish outlook with an average target price of C$2.17. This suggests there’s considerable upside potential based on current trading levels.

Bear case

However, the company’s significant decline in year-to-date performance and negative earnings metrics raise concerns about its operational viability and market positioning.

Recent Price Action

Advertisement

Homerun Resources Inc. (HMR.V) closed at C$0.38, showing no change in price on the last trading day. Over the past week, the stock has declined by 6.36% and has dropped 27.68% in the last month. Year-to-date, the stock is down 56.91%, marking a challenging period for investors.

Technical Picture

From a technical perspective, Homerun Resources is trading well below its moving averages. The 50-day moving average is at C$0.51, indicating a 26.7% decline from the current price, while the 200-day moving average is at C$0.74, which is 49.5% above the current trading price. The stock has a 52-week range of C$0.33 to C$1.27, with the current price sitting at about 5% of this range. With a beta of 1.34, the stock shows higher volatility compared to the broader market. The latest trading volume of 62,925 shares is below the 20-day average volume of 71,273 shares, suggesting reduced trading interest.

Market Sentiment

Despite the recent declines, analysts remain hopeful about Homerun Resources, with an average target price of C$2.17, indicating an implied upside of about 478.7%. However, investors should be cautious due to the company's negative earnings metrics, including a profit margin of 0.0% and a return on equity (ROE) of -289.7%. These factors contribute to a cautious sentiment among investors as the company navigates a challenging market landscape.

Advertisement

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: October 14, 2026
Last Updated: October 15, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26

Sponsored links

Advertisement