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1 Comment
Hammer Metals Limited is currently in a long term uptrend where the price is trading 21.2% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Finally, its free cash flow fell by 238.7% to $-975K since the same quarter in the previous year.
Based on the above factors, Hammer Metals Limited gets an overall score of 2/5.
ISIN | AU000000HMX5 |
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Sector | Basic Materials |
Industry | Other Precious Metals & Mining |
Exchange | F |
CurrencyCode | EUR |
PE Ratio | 0.0 |
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Beta | 1.31 |
Market Cap | 2M |
Target Price | None |
Dividend Yield | None |
Hammer Metals Limited engages in the exploration and extraction of mineral resources in Australia. It primarily explores for iron oxide, copper, cobalt, and gold deposits, as well as for molybdenum and rhenium ores. The company holds 100% interests in the Mount Isa project that comprise Kalman, Overlander North and Overlander South, and Elaine deposits covering an area of approximately 3000 square kilometers within the Mount Isa mining district, as well as a 51% interest in the Jubilee deposit. It also holds a 100% interest in the Bronzewing South gold project comprising approximately 290 square kilometers of tenements located in the Yandal Belt of Western Australia. The company was formerly known as Midas Resources Limited and changed its name to Hammer Metals Limited in April 2014. Hammer Metals Limited was incorporated in 2000 and is based in West Perth, Australia.
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