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An update from Silver Hammer Mining ( (TSE:HAMR) ) is now available.
Silver Hammer Mining Corp. has launched a non-brokered private placement under the Listed Issuer Financing exemption, offering a minimum of 25 million and up to 42 million units at C$0.10 per unit to raise between C$2.5 million and approximately C$4.2 million, with a C$1.6 million lead order committed by two strategic silver investors. The financing, which includes common shares and warrants and is structured with finder fees and associated finder warrants, is intended to fully fund the company’s 2026 exploration program across its Idaho and Nevada properties, advance work on the newly acquired Fahey Silver Project in the Coeur d’Alene Silver Belt, and position Silver Hammer for potential high-grade discoveries that could strengthen its standing in the North American silver exploration sector.
The most recent analyst rating on (TSE:HAMR) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on Silver Hammer Mining stock, see the TSE:HAMR Stock Forecast page.
Spark’s Take on TSE:HAMR Stock
According to Spark, TipRanks’ AI Analyst, TSE:HAMR is a Neutral.
The score is held down primarily by weak financial performance (pre-revenue, ongoing losses, and negative free cash flow). Technicals are neutral with some support from longer-term moving averages, but valuation is constrained by loss-driven negative P/E and the absence of dividend yield.
To see Spark’s full report on TSE:HAMR stock, click here.
More about Silver Hammer Mining
Silver Hammer Mining Corp. is a Canadian exploration company focused on high-grade silver projects in Idaho and Nevada. The company controls three drill-ready silver projects with no royalties and seven past-producing silver mines, and is led by an experienced board and technical team with backgrounds at major mining companies. Its portfolio includes the recently acquired Fahey Silver Project in Idaho’s Coeur d’Alene Mining District, strategically located between the Galena and historic Sunshine mines within the prolific Silver Belt.
YTD Price Performance: -21.43%
Average Trading Volume: 452,524
Technical Sentiment Signal: Buy
Current Market Cap: C$7.9M
See more insights into HAMR stock on TipRanks’ Stock Analysis page.