Hammer Metals Limited ( (AU:HMX) ) has provided an update.
Hammer Metals Limited has announced the release of 1,351,351 ordinary shares from voluntary escrow, which were initially issued as part of the Option Payment for the Lady Jenny Mining Leases. This release marks the end of a six-month escrow period, potentially impacting the company’s share liquidity and market dynamics.
More about Hammer Metals Limited
Hammer Metals Limited is a mineral exploration company with a strategic tenement position in the Mount Isa mining district, focusing on copper-gold deposits. The company holds interests in several deposits, including Kalman, Overlander North and South, Lakeview, and Elaine, and is actively exploring for large copper-gold deposits. Hammer also owns the Bronzewing South Gold Project in the Yandal Belt, Western Australia.
YTD Price Performance: -25.00%
Average Trading Volume: 200
Technical Sentiment Signal: Buy
Current Market Cap: $15.41M
See more data about HMX stock on TipRanks’ Stock Analysis page.