Hemlo Mining Corp. (TSX:HMMC)

Canada flag Canada · Delayed Price · Currency is CAD
7.00
+1.02 (17.06%)
Jun 15, 2026, 11:07 AM EST
Market Cap1.81B +384,729.1%
Revenue (ttm)260.00M
Net Income-20.64M
EPS-0.20
Shares Out 296.37M
PE Ration/a
Forward PE6.21
Dividendn/a
Ex-Dividend Daten/a
Volume85,600
Open6.76
Previous Close5.98
Day's Range6.75 - 7.07
52-Week Range0.50 - 8.05
Beta1.92
AnalystsStrong Buy
Price Target10.10 (+44.29%)
Earnings DateAug 20, 2026

About Hemlo Mining

Hemlo Mining Corp. engages in the production and operation of gold mining assets in Canada. Its flagship asset is the 100% owned Hemlo gold mine covering approximately 45,000 hectares located at Marathon in northwestern Ontario, Canada. The company was formerly known as Carcetti Capital Corp. and changed its name to Hemlo Mining Corp. in November 2025. The company was incorporated in 2025 and is headquartered in Toronto, Canada. [Read more]

Industry Gold And Silver Ores
Founded 2025
Employees 294
Stock Exchange Toronto Stock Exchange
Ticker Symbol HMMC
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Summary

According to 7 analysts, the average rating for HMMC stock is "Strong Buy." The 12-month stock price target is $10.10, which is an increase of 44.29% from the latest price.

Price Target
$10.10
(44.29% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Hemlo Mining Corp. Announces Start of Trading on TSX

TORONTO, June 15, 2026 /PRNewswire/ - Hemlo Mining Corp. (TSX: HMMC) (OTCQX: HMMCF) ("Hemlo Mining" or the "Company") is pleased to announce that trading of its common shares (the "Common Shares") wil...

6 hours ago - PRNewsWire

Hemlo Mining Corp. Announces Voting Results from Annual General and Special Meeting of Shareholders

TORONTO, June 12, 2026 /PRNewswire/ - (TSXV: HMMC) (OTCQX: HMMCF) (the "Company" or "Hemlo Mining") today announced voting results from its 2026 Annual General and Special Meeting of Shareholders (the...

2 days ago - PRNewsWire

Hemlo Mining initiated with a Buy at Canaccord

Canaccord initiated coverage of Hemlo Mining (HMMCF) with a Buy rating and C$11 price target The firm sees the company’s acquired Hemlo mine from Barrick creating value and driving a…

5 days ago - TheFly

Hemlo Mining Corp. Announces Graduation to the Toronto Stock Exchange

Trading to begin at market open on Monday, June 15, 2026 TORONTO, June 10, 2026 /PRNewswire/ - Hemlo Mining Corp. (TSXV: HMMC) (OTCQX: HMMCF) (the "Company" or "Hemlo Mining") is pleased to announce t...

5 days ago - PRNewsWire

Hemlo Mining Corp. Completes Impact Benefit Agreement with Biigtigong Nishnaabeg

TORONTO, June 4, 2026 /PRNewswire/ - Hemlo Mining Corp. (TSXV: HMMC) (OTCQX: HMMCF) ("Hemlo Mining" or the "Company") is pleased to announce that its wholly owned subsidiaries, Hemlo Mining Operating ...

11 days ago - PRNewsWire

Hemlo Mining Corp. Reports First Quarter 2026 Financial and Operating Results

TORONTO, May 20, 2026 /PRNewswire/ - Hemlo Mining Corp. (TSXV: HMMC) (OTCQX: HMMCF) ("Hemlo Mining" or the "Company") is pleased to announce its financial and operating results for the first quarter e...

25 days ago - PRNewsWire

Hemlo Mining Corp. Intersects 16.1 g/t Au over 8.1 Metres in Newly Interpreted South-Rim Zone Adjacent to Active Mining in C-Zone

TORONTO, May 14, 2026 /PRNewswire/ - Hemlo Mining Corp. (TSXV: HMMC) (OTCQX: HMMCF) ("Hemlo Mining" or the "Company") is pleased to announce results from its 130,000-metre 2026 drilling program design...

4 weeks ago - PRNewsWire

Hemlo Mining initiated with an Outperform at BMO Capital

BMO Capital analyst Kevin O’Halloran initiated coverage of Hemlo Mining (HMMCF) with an Outperform rating and C$10 price target The company is executing an expansion strategy that will grow its…

6 weeks ago - TheFly

Hemlo Mining Corp. Reports First Quarter 2026 Operating Results

TORONTO, April 28, 2026 /PRNewswire/ - Hemlo Mining Corp. (TSX.V: HMMC) (OTCQX: HMMCF) ("Hemlo Mining" or the "Company") is pleased to report operating results for the first quarter ended March 31, 20...

6 weeks ago - PRNewsWire

Hemlo Mining Corp. Commences Trading on the OTCQX Best Market in the United States

OTCQX trading advances Hemlo Mining's strategy to broaden investor access and enhance trading liquidity across North American capital markets TORONTO, April 23, 2026 /PRNewswire/ - Hemlo Mining Corp. ...

7 weeks ago - PRNewsWire

Hemlo Mining initiated with a Buy at Stifel

Stifel initiated coverage of Hemlo Mining (TPNEF) with a Buy rating and C$12 price target The mid-tier Canadian gold producer has a “Fit-for-Purpose” strategy to unlock latent capacity and a…

3 months ago - TheFly

Hemlo Mining announces adoption of shareholder rights plan

Hemlo Mining’s (TPNEF) board of directors approved the adoption of a shareholder rights plan, pursuant to a shareholder rights plan agreement entered into with Odyssey Trust Company, as rights agent,…

4 months ago - TheFly

Hemlo Mining initiated with an Outperform at National Bank

National Bank initiated coverage of Hemlo Mining (TPNEF) with an Outperform rating and C$9 price target

4 months ago - TheFly

Hemlo Mining price target raised to C$10 from C$7.50 at CIBC

CIBC analyst Luke Bertozzi raised the firm’s price target on Hemlo Mining (TPNEF) to C$10 from C$7.50 and keeps an Outperformer rating on the shares. CIBC increased targets across the…

4 months ago - TheFly

Hemlo Mining price target raised to C$8 from C$6 at Scotiabank

Scotiabank raised the firm’s price target on Hemlo Mining (TPNEF) to C$8 from C$6 and keeps an Outperform rating on the shares.

5 months ago - TheFly