- Shares of Hemlo Mining (TSX:HMMC) will begin trading on the TSX at Monday’s market open.
- Hemlo’s eponymous mine has produced more than 25 million ounces of gold since 1985.
- The Canadian gold stock last traded at C$6.12 and has added 54.55 per cent year-over-year.
Shares of Hemlo Mining (TSX:HMMC) will begin trading on the TSX at Monday’s market open, in conjunction with a de-listing from the TSX Venture Exchange.
This article is a journalistic opinion piece which has been written based on independent research. It is intended to inform investors and should not be taken as a recommendation or financial advice.
The company’s main asset, the Hemlo mine, located near Marathon, Ontario, has produced more than 25 million ounces of gold since 1985 from underground and open pit operations, including 143,458 ounces in 2025, with a 14-year mine life still ahead of it.
The mine, acquired for up to US$1.09 billion from Barrick in September 2025, boasts average all-in sustaining costs of less than US$1,550 per ounce, representing a steep discount to the price of US$4,336.61 per ounce at the time of writing.
According to Hemlo Mining’s June 2026 investor deck, the mine is positioned for significant scale through resource, reserve and infrastructure optimization, plus exploration upside across a more than 45,000-hectare land package, guided by a leadership team that combines technical and financial experience with meaningful insider ownership.
Leadership commentary
“Graduation to the TSX marks an important milestone on our journey to establish Hemlo Mining as a leading Canadian mid-tier gold producer,” Jason Kosec, President and Chief Executive Officer of Hemlo Mining, said in Monday’s news release. “We are grateful for the support of our shareholders as we continue to expand access to Hemlo Mining’s common shares for institutional and retail investors, in Canada and internationally.”
About Hemlo Mining
Hemlo Mining is a Canadian gold producer active in northwestern Ontario.
Hemlo Mining stock (TSXV:HMMC) last traded at C$6.12 and has added 54.55 per cent year-over-year.
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