HDRO logo

Primary Hydrogen Corp.TSXV:HDRO Stock Report

Market Cap CA$6.6m
Share Price
CA$0.14
My Fair Value
n/a
1Y-71.9%
7D-12.9%
Portfolio Value
View

Primary Hydrogen Corp.

TSXV:HDRO Stock Report

Market Cap: CA$6.6m

Primary Hydrogen (HDRO) Stock Overview

Engages in the acquisition, exploration, and development of natural hydrogen properties in Canada. More details

HDRO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

HDRO Community Fair Values

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Primary Hydrogen Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Primary Hydrogen
Historical stock prices
Current Share PriceCA$0.14
52 Week HighCA$0.66
52 Week LowCA$0.13
Beta0.64
1 Month Change-35.71%
3 Month Change-57.81%
1 Year Change-71.88%
3 Year Change17.39%
5 Year Changen/a
Change since IPO-66.25%

Recent News & Updates

Recent updates

Shareholder Returns

HDROCA Oil and GasCA Market
7D-12.9%2.8%1.6%
1Y-71.9%12.9%19.9%

Return vs Industry: HDRO underperformed the Canadian Oil and Gas industry which returned 12.9% over the past year.

Return vs Market: HDRO underperformed the Canadian Market which returned 19.9% over the past year.

Price Volatility

Is HDRO's price volatile compared to industry and market?
HDRO volatility
HDRO Average Weekly Movement16.1%
Oil and Gas Industry Average Movement7.9%
Market Average Movement10.0%
10% most volatile stocks in CA Market19.9%
10% least volatile stocks in CA Market3.1%

Stable Share Price: HDRO's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: HDRO's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2020n/aBen Asuncionprimaryh2.com

Primary Hydrogen Corp. engages in the acquisition, exploration, and development of natural hydrogen properties in Canada. The company was formerly known as Millbank Mining Corp. and changed its name to Primary Hydrogen Corp. in November 2024. Primary Hydrogen Corp. was incorporated in 2020 and is based in Calgary, Canada.

Primary Hydrogen Corp. Fundamentals Summary

How do Primary Hydrogen's earnings and revenue compare to its market cap?
HDRO fundamental statistics
Market capCA$6.57m
Earnings (TTM)-CA$4.53m
Revenue (TTM)n/a
0.0x
P/S Ratio
-1.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HDRO income statement (TTM)
RevenueCA$0
Cost of RevenueCA$91.54k
Gross Profit-CA$91.54k
Other ExpensesCA$4.44m
Earnings-CA$4.53m

Last Reported Earnings

Aug 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.093
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did HDRO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/17 19:56
End of Day Share Price 2025/11/14 00:00
Earnings2025/08/31
Annual Earnings2024/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Primary Hydrogen Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.