$HMMC.V

Hemlo Mining Announces Graduation to the Toronto Stock Exchange

Hemlo Mining (HMMC.V) has received final approval to list its common shares on the Toronto Stock Exchange and graduate from the TSX Venture Exchange, the company said on Wednesday.The common shares will begin trading on the TSX at market open on June 15, 2026 and will continue to trade under the current stock symbol, "HMMC", it added.Shares will be voluntarily delisted from the TSXV, effective as of the close of market on June 12, 2026, stated the company."Graduating to the Toronto Stock Exchange marks a significant milestone for Hemlo Mining and reflects the disciplined execution of our capital markets strategy," said Jason Kosec, President, Chief Executive Officer and Director of Hemlo Mining. "The TSX is home to many of the world's leading gold producers, and we expect this listing to broaden our shareholder base, enhance trading liquidity, and provide eligibility for potential index inclusion. This is an important step as we continue to advance the Company's standing in the global gold equity market."

Hemlo Mining Completes Impact Benefit Agreement with Biigtigong Nishnaabeg

Hemlo Mining Corp. (HMMC.V) announced Thursday that its wholly owned subsidiaries, Hemlo Mining Operating Corp. and Williams Operating Corporation, have completed an Impact Benefit Agreement with Biigtigong Nishnaabeg in relation to the Hemlo Mine."The IBA includes mechanisms for financial participation, contracting and employment opportunities, capacity funding for a range of community priorities, as well as mechanisms for discussing environmental and other implementation matters. The IBA provides a structured framework for the life of the mine," a statement said.Shares in Hemlo were up $0.02 or 0.3% at $6.48 in Canada yesterday.

Hemlo Mining Maintained at Buy at Stifel Canada After Q1 Results; Price Target Kept atC$12.00

Stifel Canada on Thursday Reiterated its buy rating on the shares of Hemlo Mining (HMMC.V) and its C$12.00 price target following the company's first-quarter results."Hemlo reported Q1/26 adjusted EPS of $0.07 vs. our $0.14 (consensus $0.14) and Q1/26 adjusted EBITDA of $86.6Mln vs. our $83.6Mln (consensus: $94.2Mln) on pre-released attributable gold production and sales of 29.7Koz and 32.1Koz, respectively. Q1/26 attributable cash cost at $1,385/oz vs. our $1,461/oz and AISC of $1,805/oz vs. our $1,748/oz were impressive as transition to an owner-operator model was completed two-weeks ahead and supported by mine/mill optimization while lower EPS reflected higher DD&A, tax, finance expense. Q1/26 free cash flow of $71.5Mln was also stronger and full repayment of the $100Mln RCF reduces net debt to $26.4Mln (-$66.6Mln QoQ). HMMC currently trades at 0.51x on P/NAV and 3.9/3.4x on FY27/28E EV/EBITDA vs. mid-tier (0.1-0.5Moz) and intermediate (0.5-2.0Moz) gold producers under Stifel coverage at 0.62x and 4.1/3.5x, respectively, and we continue to see a path towards further unlocking value through underground reserve and resource growth and mine/mill optimization," analyst Ralph Profiti wrote.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $5.86, Change: $-0.49, Percent Change: -7.72%

National Bank of Canada Maintains Hemlo Mining's Outperform Rating, C$9.00 Target

National Bank of Canada on Thursday maintained its outperform rating on the shares of Hemlo Mining (HMMC.V) and its C$9.00 price target following the miner's first-quarter results.Hemlo reported first-quarter financial results in its first full quarter under new management. All-in sustaining cost was better than expected, benefiting from a higher gold sales, among other factors.The results overall lent incremental de-risking with higher free cash flow, early deleveraging and visibility for improvements, such as mining fleet upgrades and processing optimization.Adjusted earnings per share was $0.09, below National Bank's estimate of $0.25 and consensus estimate of $0.18.National Bank attributed the earnings miss to costs and non-op items, including depreciation, royalties, finance costs and tax expense.Price: $5.85, Change: $-0.50, Percent Change: -7.87%

Earnings Flash (HMMC.V) Hemlo Mining Reports Q1 Revenue US$186.3M; Net Income $22.1M, or $0.07 Per Share

BMO Initiates Coverage of Hemlo Mining with Outperform Rating, C$10.00 Price Target

BMO Capital Markets on Friday initiated coverage of Hemlo Mining (HMMC.V) with an outperform rating on the shares and C$10.00 price target.Hemlo recently acquired 100% ownership of the Hemlo gold mine in Ontario, and is executing an optimization and expansion strategy that could grow production to over 200,000 ounces in the coming years from 143,000 ounces in 2025.The company is expected to take advantage of unused hoisting and milling capacity, as well as an extensive reserve growth opportunity."At 0.7x [net asset value], we view the current valuation as attractive, and expect a re-rating as operational goals are achieved," BMO said.Price: $5.39, Change: $+0.14, Percent Change: +2.67%

Hemlo Mining Begins Trading on the OTCQX Best Market in the United States

Hemlo Mining (HMMC.V) is now trading on the OTCQX Best Market, under the symbol "HMMCF", the company said on Thursday.The company's shares will also continue to trade on the TSX Venture Exchange."Trading on the OTCQX is an important step in our commitment to broadening access to Hemlo's common shares for investors in the United States and globally," said chief executive Jason Kosec. "It will provide a convenient way for U.S. investors to trade our shares on a U.S. market and in U.S. dollars. Since completing the acquisition of the Hemlo Gold Mine, we have moved with purpose to establish our company as a leading Canadian mid-tier gold producer. Our planned progression from the TSX-V to the TSX, and the commencement of trading on the OTCQX, reflects our confidence in the asset, the strength of our team, and our ambition to reach the widest possible audience of institutional and retail investors."The company's shares were last seen down $0.07 at $6.28 on the TSX Venture Exchange.Price: $6.28, Change: $-0.07, Percent Change: -1.10%

Hemlo Mining Corp. Says Has Commenced Trading on OTCQX Best Market in the United States

Hemlo Receives Conditional Approval to Graduate to the Toronto Stock Exchange

Hemlo Mining (HMMC.V) after close on Monday said it received conditional approval to list its shares on the Toronto Stock Exchange and graduate from the TSX Venture Exchange.Final approval of the listing is subject to the company fulfilling all of the requirements of the TSX, including receipt of all required documentation on or before July 14. Hemlo said it will issue a news release once the TSX confirms the date on which trading of its shares is expected to commence on the TSX."Receiving conditional approval to graduate to the Toronto Stock Exchange marks a defining milestone for Hemlo Mining and validates the disciplined execution of our capital markets strategy since acquiring the Hemlo Gold Mine. The TSX listing will help broaden our shareholder base, enhance trading liquidity, and position Hemlo alongside Canada's premier gold producers - reflecting both the historic scale of our asset and the institutional confidence we have built. This is a critical step in our staged uplisting plan, ensuring Hemlo is appropriately recognized within the global gold equity universe." chief executive Jason Kosec said.Hemlo's shares closed up $0.31 to $7.14 on the TSX Venture Exchange..

Hemlo Mining Maintained at Buy at Stifel Canada Following Q4 Results; Price Target Kept at C$12.00

Stifel Canada on Friday reiterated its buy rating on the shares of Hemlo Mining (HMMC.V) and its C$12.00 price target after the company reported fourth-quarter results."Previously released (February 2026) Q4/25 Hemlo full-quarter gold production of 46.1Koz and FY25 total gold production of 143.5Koz met Barrick's FY25 guidance range of 140-160Koz, driven by strong Q4/25 throughput of 364Kt (+27% QoQ) and higher gold grade of 4.17g/t (+28% QoQ, blended grade of Williams and Interlake) and consistent gold recoveries of 94.5%. At YE25, HMMC held total liquidity of $154Mln, including cash of $132Mln and $22Mln available under its Revolving Credit Facility (RCF), and net debt of $93Mln. A subsequent $75Mln repayment was made in Mar-2026 to its $100Mln RCF. FY26 operation and cost guidance is expected in H2/26.," analyst Ralph Profiti wrote.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $6.70, Change: $+0.31, Percent Change: +4.85%