Hemlo Mining Corp.

Hemlo Mining Corp.

HMMC · TO · Basic Materials / Gold

4.96CAD-0.11 (-2.17%)

Price History

Full chart

Market Stats

Previous Close5.07
Open5.06
Day Range4.91 – 5.14
52-Week Range1.23 – 8.47
Volume793.15K
Market Cap1.65B
P/E (TTM)0.00
Forward P/E9.18
EPS-1.15
Dividend Yield0.00%
Beta0.78
50-Day Avg6.95
200-Day Avg6.31

About

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.

Company Details

  • SectorBasic Materials
  • IndustryGold
  • CEOMr. Jason Kosec B.Sc.
  • Employees294
  • Headquarters390 Bay Street, Toronto, ON, Canada, ON M5H 2Y2, Canada
  • Websitehttps://hemlomining.com

Leadership

  • Mr. Jonathan T. Awde B.A., B.Com., B.Comm.Executive Chairman · b. 1977
  • Mr. Jason Kosec B.Sc.President, CEO & Director · b. 1988
  • Mr. Jonathan Case CFAChief Financial Officer
  • Mr. Eric Joseph-Luc Tremblay P. EngChief Operating Officer · b. 1970
  • Mr. Jason BanducciVP of Corporate Development & Investor Relations
  • Mr. Carl DeLuca L.L.B.General Counsel & Corporate Secretary · b. 1969
  • Mr. Martin RiouxVice President of Human Resources
  • Mr. Raphael Victor Dutaut P.Geo., Ph.D.Vice President of Exploration · b. 1984
  • Mr. Perry Lloyd BlanchardVice President of Sustainability
  • Mike TsafarasVice President of Engineering & Projects

Financials

Income Statement

Currency: USD2008-12-312009-12-312010-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue---1.67M3.35M7.72M2.53M10.57M16.49M28.03M15.11M7.86M12.16M0000
Growth (%)----+101.08%+130.60%-67.20%+317.38%+55.96%+69.96%-46.10%-47.97%+54.71%-100.00%---
Cost of Revenue---1.51M3.43M5.61M728.43K9.79M15.95M26.30M14.07M5.97M-410.52K0--
Gross Profit---152.95K-79.34K2.11M2.02M787.00K183.02K1.72M1.03M1.89M5.07M-410.52K0--
Gross Margin---9.18%-2.37%27.35%79.69%7.44%1.11%6.14%6.83%24.10%41.67%----
Operating Expense---5.94M8.52M8.17M6.92M5.35M5.74M4.62M5.03M3.24M2.07M690.89K305.20K--
Operating Income-129.25K-145.27K-3.80M-5.78M-8.60M-6.06M-4.90M-4.56M-5.56M-2.90M-4.00M-1.35M3.00M-1.10M-305.20K-123.67K-37.12M
Operating Margin----347.24%-256.89%-78.48%-193.59%-43.15%-33.71%-10.34%-26.48%-17.18%24.66%----
EBITDA-129.25K-145.27K-3.80M-5.05M-7.51M-4.50M-3.77M-3.82M-5.29M-2.90M-4.09M-1.38M3.13M-1.10M-404.54K-48.90K-34.30M
EBITDA Margin----303.48%-224.25%-58.25%-148.69%-36.12%-32.06%-10.34%-27.06%-17.54%25.76%----
Net Income-128.11K-145.21K-6.41M2.29M-3.10M-25.92M-4.36M5.28M-18.03M4.20M-14.36M-2.68M10.44M-56.82M-364.31K-123.67K-50.67M
Net Income Margin---137.45%-92.71%-335.63%-172.04%49.93%-109.35%14.99%-95.07%-34.14%85.89%----
Interest Expense----24.73K265.07K823.92K626.69K1.06M-13.27K140.84K40.12K--06.28M
Interest Expense % of Total Revenue----0.74%3.43%32.53%5.93%6.45%-0.09%1.79%0.33%----

Balance Sheet

Currency: USD2008-12-312009-12-312010-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-560.81K18.06M78.93M105.34M38.47M31.99M40.52M24.93M30.15M16.82M12.45M15.48M9.65M376.01K342.17K2.38B
Total Liabilities-79.67K564.69K7.17M14.34M6.97M7.59M13.30M17.65M16.20M16.28M13.45M6.05M9.46M37.10K31.63K1.63B
Total Equity-481.14K17.50M71.76M91.01M31.50M24.40M27.22M7.28M13.95M536.28K-1.00M9.43M191.42K338.91K310.54K749.78M
Cash-226.85K16.68M10.07M2.33M2.00M1.89M6.16M7.78M9.88M8.06M5.63M9.32M9.64M337.07K310.54K181.06M
Total Debt-----2.32M2.77M8.50M10.16M8.31M10.48M8.81M1.93M---314.92M
Net Debt--226.85K-16.68M-10.07M-2.33M315.04K887.99K2.35M2.38M-1.57M2.42M3.18M-7.39M-9.64M-337.07K-310.54K133.86M

Cash Flow

Currency: USD2008-12-312009-12-312010-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-97.50K-75.74K-3.40M-5.05M557.44K4.86M-470.81K-5.14M3.27M3.49M-1.32M244.12K7.37M2.20M-451.78K-107.62K-33.80M
Investing Cash Flow--312.00K-802.70K2.87M-9.35M-7.56M-254.59K396.15K-2.55M-286.45K-244.15K-2.19M344.78K3.13M---1.22B
Financing Cash Flow157.69K469.42K20.65M11.93M-2.21M-9.08M1.30M-1.64M-663.45K-268.26K-3.83M-4.82M-8.94M81.90K1.43B
Capital Expenditure040.00K74.70K1.02M3.78M5.53M254.60K1.79M2.18M286.45K114.12K1.91M470.15K00310.02M
Free Cash Flow-97.50K-115.74K-3.48M-6.06M-3.22M-674.82K-725.41K-6.93M1.09M3.20M-1.43M-1.66M6.90M2.20M-451.78K-107.62K-43.82M
Dividends Paid---------------00
FCF to OCF100.00%152.81%102.20%120.12%-578.19%-13.89%154.08%134.80%33.39%91.78%108.64%-681.87%93.62%100.00%100.00%100.00%129.66%
Dividend Paid to FCF---------------0.00%0.00%

Earnings

Report DateDec 31, 2025May 20, 2026Aug 11, 2026Nov 12, 2026
EPS Estimate-0.010.150.060.10
EPS Actual-0.070.09-
Surprise--53.33%50.00%-
Timing-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.65B
Enterprise Value2.10B
Trailing P/E0.00
Forward P/E9.18
Price / Sales5.01
Price / Book2.43
EPS-1.15
Book Value2.87
Revenue (TTM)328.76M
Gross Profit (TTM)118.79M
Profit Margin4.95%
Operating Margin20.68%
Return on Equity5.35%
Return on Assets6.39%
Shares Outstanding296.37M
Shares Float280.51M
Beta0.78
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Stock Splits

  • Dec 2, 20252:3
  • Jan 4, 20231:300