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Hamak Gold Limited ( (GB:HAMA) ) has shared an update.
Hamak Strategy Limited reported that Executive Director and Chief Strategy Officer Mike Murphy purchased 750,000 ordinary shares on 23 March 2026 at 0.769 pence per share, taking his total beneficial holding to 750,000 shares, or 0.17% of the company’s issued share capital. The transaction, conducted on the London Stock Exchange’s Main Market and partly involving a transfer to an ISA account, signals increased insider alignment with shareholders, though the stake remains relatively small in percentage terms.
Alongside the dealing disclosure, Hamak reiterated that it holds a portion of its treasury reserves in Bitcoin, highlighting the significant risks associated with cryptoassets, including extreme volatility, limited regulatory protection, and potential challenges in liquidity and security. The company stressed that while its shares do not constitute a direct investment in Bitcoin, shareholders are indirectly exposed to crypto market risks via Hamak’s balance sheet, underscoring a non-traditional risk profile for a gold exploration business.
The most recent analyst rating on (GB:HAMA) stock is a Hold with a £1.00 price target. To see the full list of analyst forecasts on Hamak Gold Limited stock, see the GB:HAMA Stock Forecast page.
Spark’s Take on HAMA Stock
According to Spark, TipRanks’ AI Analyst, HAMA is a Neutral.
The score is primarily held back by weak financial performance (no revenue, ongoing losses, and negative cash flow), with only partial offset from a currently improved near-term technical setup. Valuation signals are also constrained by a negative P/E and the absence of a dividend yield.
To see Spark’s full report on HAMA stock, click here.
More about Hamak Gold Limited
Hamak Strategy Limited is a UK-listed company focused on gold exploration in Africa, while also maintaining part of its treasury reserves in Bitcoin as part of a defined crypto treasury management strategy. The dual focus gives investors exposure to both traditional mining exploration and the high-risk, volatile cryptoasset market through the company’s balance sheet positioning.
Average Trading Volume: 2,262,753
Technical Sentiment Signal: Sell
Current Market Cap: £3.62M
For a thorough assessment of HAMA stock, go to TipRanks’ Stock Analysis page.