Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Hammer Metals Limited ( (AU:HMX) ) has shared an update.
Hammer Metals Ltd has announced the discovery of a broad copper-gold system at the Tourist Zone in the Mount Isa district, following a Reverse Circulation drilling program. The drilling results indicate significant copper and gold mineralization across a 600m strike, with the potential for higher-grade zones. This discovery enhances Hammer’s portfolio in a region with few new discoveries and declining copper grades, offering promising opportunities for future exploration and development.
More about Hammer Metals Limited
Hammer Metals Ltd is a company operating in the mining industry, focusing on the exploration and development of copper and gold resources. The company is primarily active in the Mount Isa district of northwest Queensland, where it holds a portfolio of exploration targets.
Average Trading Volume: 522,026
Technical Sentiment Signal: Sell
Current Market Cap: A$31.07M
Find detailed analytics on HMX stock on TipRanks’ Stock Analysis page.