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Hammer Metals Limited ( (AU:HMX) ) has issued an update.
Hammer Metals Limited has regained full ownership of the Mount Philp and Even-Steven areas within the Mount Isa East Joint Venture after reaching an agreement with Sumitomo Metal Mining Oceania. This strategic move allows Hammer Metals to explore multiple new targets, including copper-gold mineralized zones and tungsten anomalies, thereby enhancing its exploration potential and operational flexibility in the region.
More about Hammer Metals Limited
Hammer Metals Limited is a company operating in the mining industry, primarily focused on the exploration and development of copper and gold resources. The company is involved in various joint ventures and exploration projects, particularly in the Mount Isa region, aiming to identify and develop significant mineral deposits.
YTD Price Performance: -12.12%
Average Trading Volume: 980,917
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$25.89M
See more data about HMX stock on TipRanks’ Stock Analysis page.