The latest update is out from Hamelin Gold Limited ( (AU:HMG) ).
Hamelin Gold Limited has secured firm commitments for a $2.8 million placement to accelerate its gold exploration programs in Western Australia. This funding, supported by major shareholder Gold Fields Limited, will enable Hamelin to undertake extensive drilling and geochemical sampling across its West Tanami and Yilgarn projects, positioning the company for significant advancements in its exploration efforts.
More about Hamelin Gold Limited
Hamelin Gold Limited is a company operating in the gold exploration industry, focusing on the development of its 100% owned gold projects in Western Australia. The company is involved in identifying and testing large-scale gold targets, with a market focus on expanding its exploration activities in the West Tanami and Yilgarn regions.
YTD Price Performance: 31.25%
Average Trading Volume: 144,708
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$13.28M
See more data about HMG stock on TipRanks’ Stock Analysis page.