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Hammer Metals Director Increases Shareholding

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Hammer Metals Director Increases Shareholding

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Hammer Metals Limited ( (AU:HMX) ) just unveiled an announcement.

Hammer Metals Limited has announced a change in the director’s interest notice, specifically concerning Russell Davis. The notice details that Davis, through indirect interests, has acquired an additional 1,000,000 ordinary shares at a price of $0.028 per share, increasing his holdings in the Davis Family Investment Trust to 3,000,000 shares. This acquisition reflects a strategic move to strengthen his position within the company, potentially impacting the company’s governance and stakeholder confidence.

More about Hammer Metals Limited

Average Trading Volume: 673,542

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$25.75M

See more data about HMX stock on TipRanks’ Stock Analysis page.

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