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Hammer Metals Limited ( (AU:HMX) ) has issued an announcement.
Hammer Metals Limited has issued 5,000,000 unquoted options to its directors, exercisable at $0.06 per share by November 2028, as approved by shareholders at the 2025 Annual General Meeting. This move is part of the company’s ongoing efforts to align director interests with shareholder value and could potentially enhance its exploration activities and market positioning in the mineral exploration industry.
The most recent analyst rating on (AU:HMX) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Hammer Metals Limited stock, see the AU:HMX Stock Forecast page.
More about Hammer Metals Limited
Hammer Metals Limited is an active mineral exploration company focused on discovering large copper-gold deposits, particularly of the Ernest Henry style. The company holds a strategic tenement position in the Mount Isa mining district, with interests in several copper and gold deposits, and a 100% interest in the Bronzewing South Gold Project in Western Australia’s Yandal Belt.
Average Trading Volume: 990,441
Technical Sentiment Signal: Sell
Current Market Cap: A$23.21M
See more data about HMX stock on TipRanks’ Stock Analysis page.