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StockVS

TSX · Gold · CAD

Hemlo Mining Corp. (HMMC.TO) Stock Analysis

Hemlo Mining Corp. (HMMC.TO) is a Gold stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

HMMC.TO

CA$5.43

+CA$0.14 (+2.65%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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HMMC.TO Key Statistics

As of Oct 21, 2026
Trading
Open
CA$5.28
Previous Close
CA$5.29
Day's Range
5.28–5.77
52-Week Range
1.23–8.47
Volume
2.59M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.00
Valuation
Market Cap
CA$1.61B
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
6.09
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
4.89
EPS (ttm)Profit attributable to each share over the last twelve months.
−1.07
Financials (FY)
Revenue (FY)
CA$0.00
Net Income (FY)
−CA$36.93M
Profit marginThe share of revenue left as profit after all costs and taxes.
4.95%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
296.37M
1-Year Return
+341.46%
Dividend and dates
Earnings Date
November 12, 2026
Avg Volume
940.29K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, HMMC.TO closed at CA$5.43, +341.46% over 1 year.

Hemlo Mining Corp. (HMMC.TO) has a market capitalization of CA$1.61B.

In fiscal 2025, HMMC.TO reported revenue of CA$0.00.

HMMC.TO Stock Return by Calendar Year

Hemlo Mining Corp. (HMMC.TO) 10-year return: what CA$10,000 became

1 year
CA$10,000 CA$44,146
+341.46%
5 years
CA$10,000 CA$6,033
−39.67%
10 years
CA$10,000 CA$6,033
−39.67%

If you had invested CA$10,000 in Hemlo Mining Corp. (HMMC.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$6,033 at the close on October 21, 2026: −39.67% in total, −4.93% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+4.83%
2025+1,179.01%
2024+28.57%
2023−97.20%
2022+25.00%
2021+0.00%
2020−66.67%
2019+140.00%
2018−50.00%
2017+0.00%
2016 (partial year)+100.00%

As of October 21, 2026.

HMMC.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$0.00−CA$36.93M—
2024CA$0.00−CA$86.00K—
2023CA$0.00−CA$274.85K—
2022CA$0.00−CA$42.29M—
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$0.00—−CA$6.61M−CA$36.93M—
2024CA$0.00—−CA$85.00K−CA$86.00K—
2023CA$0.00CA$0.00−CA$305.20K−CA$274.85K—
2022CA$0.00−CA$305.53K−CA$819.73K−CA$42.29M—

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

HMMC.TO Valuation vs Gold Median

Median of 93 stocks
MetricHMMC.TOGold medianvs median
P/S ratio4.894.567% above
Profit margin4.95%31.40%26.5 pts below

Medians across 93 Gold stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

Hemlo Mining Corp. (HMMC.TO) is capitalised at CA$1.61B on the latest close. The company sits in the Basic Materials sector, in the Gold industry. Headcount on file is 294.

Over the past 52 weeks the price has ranged from CA$1.23 to CA$8.47. The most recent close on file for HMMC.TO is CA$5.43, dated October 21, 2026. That is +CA$0.14 (+2.65%) against the previous close. The latest close sits 341.46% above that 52-week low.

Financial Health

In fiscal 2025, Hemlo Mining Corp. reported revenue of CA$0.00. The same year closed with a net loss of CA$36.93M. The reported profit margin is 4.95%. That is 26.5 percentage points below the Gold median of 31.4%. Trailing earnings per share are −1.07.

Across the 4 fiscal years on file, revenue moves from CA$0.00 in 2022 to CA$0.00 in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The forward P/E on file is 6.09. The price-to-sales ratio is 4.89. On price-to-sales that is 7.36% above the Gold median of 4.56. 93 Gold companies report these metrics, and the medians quoted come from that group.

The reported beta is 1. Daily returns over the trailing 10 years annualize to a volatility of 179.4%. The trailing one-year total return is +341.46%. Measured over 10 years, that is −4.93% a year compounded.

Growth & Income

The record shows no dividend for HMMC.TO.

The strongest complete calendar year on file is 2025 at +1,179.01%; the weakest is 2023 at −97.20%. Of the 9 complete calendar years on file, 4 finished higher. 2026 is still running; the total return is +4.83% year to date.

Peer Comparison

Hemlo Mining Corp. (HMMC.TO) operates in the Gold industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Hemlo Mining Corp. HMMC.TO CA$1.61B —
Newmont Corporation NEM $123.47B 14.8
Agnico Eagle Mines Limited AEM $94.87B 16.0
Barrick Mining Corporation ABX.TO CA$94.18B 10.7

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Gold industry average P/E ratio is 12.3x. Hemlo Mining Corp. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Hemlo Mining Corp.

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.

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