Hammer Metals Limited (HMRRF)
Hammer Metals Limited operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $0.03, up 0.00% on the session, giving a market capitalisation of $26.8M. On trailing twelve-month figures it carries a trailing P/E of -37.08, a net margin of 0.0%. Its beta of 2.02 implies it has historically moved more than the broad market.
Hammer Metals Limited is an Australian company dedicated to the exploration and extraction of mineral resources. Its primary focus is on discovering deposits of iron oxide, copper, cobalt, and gold, alongside rarer elements like molybdenum and rhenium. The company boasts significant holdings in the Mount Isa mining district, where it holds 100% ownership of the expansive Mount Isa project. This project, encompassing approximately 2,600 square kilometers, includes key deposits such as Kalman, Overlander North, Overlander South, and Elaine. Additionally, Hammer Metals holds a 51% stake in the nearby Jubilee deposit. Further expanding its portfolio, the company also wholly owns the Bronzewing South gold project, situated within Western Australia's resource-rich Yandal Belt. Established in 2000 and headquartered in West Perth, Australia, the company adopted its current name, Hammer Metals Limited, in April 2014, having previously operated as Midas Resources Limited.
Hammer Metals Limited is most often compared with the following Basic Materials names: