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Hammer Metals Limited
(Sydney:HMX)
Hammer Metals Limited (HMX) vs. S&P 500 (SPY)
Hammer Metals Limited Business Overview & Revenue Model
Hammer Metals Limited Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 177.06K | 190.97K | 214.86K | 269.52K | 89.91K | Gross Profit |
| 177.06K | 90.39K | 172.41K | 242.61K | 89.91K | EBIT |
| 6.18M | -1.35M | -1.06M | -1.14M | -1.09M | EBITDA |
| -1.60M | -1.18M | -593.04K | -579.71K | -1.09M | Net Income Common Stockholders |
| 6.27M | -1.29M | -645.27K | -611.52K | -1.98M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 5.23M | 4.36M | 5.19M | 9.71M | 2.68M | Total Assets |
| 36.74M | 29.68M | 27.67M | 28.06M | 17.29M | Total Debt |
| 177.59K | 164.59K | 233.94K | 296.59K | 73.51K | Net Debt |
| -5.05M | -4.19M | -4.96M | -9.41M | -2.61M | Total Liabilities |
| 838.26K | 608.49K | 925.50K | 1.47M | 437.41K | Stockholders Equity |
| 35.90M | 29.07M | 26.75M | 26.60M | 16.85M |
| Cash Flow | Free Cash Flow | |||
| -3.41M | -5.80M | -5.93M | -4.49M | -3.18M | Operating Cash Flow |
| -1.51M | -982.78K | -1.00M | -619.67K | -806.27K | Investing Cash Flow |
| 2.27M | -3.22M | -3.58M | -2.92M | -2.08M | Financing Cash Flow |
| 104.62K | 3.36M | 69.39K | 10.56M | 4.70M |
Hammer Metals Limited Technical Analysis
Hammer Metals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$4.91B | 38.38 | 13.01% | ― | 125.45% | ― | |
58 Neutral | $3.03B | 1,418.92 | -36.53% | 7.41% | -28.50% | -532.61% | |
57 Neutral | $31.07M | 6.55 | 15.74% | ― | ― | ― | |
56 Neutral | $4.72B | 35.60 | 5.11% | ― | 42.05% | ― | |
49 Neutral | $1.95B | -1.21 | -21.28% | 3.72% | 1.18% | -30.47% |
Hammer Metals Limited Corporate Events
Hammer Metals Limited has announced the identification of high-priority drilling targets at its Yandal Gold Project in Western Australia, following a comprehensive exploration review. The company aims to capitalize on the strong gold price environment by focusing on the Bronzewing South Project, which has been under-explored due to past legal disputes and market conditions. The planned drilling program is expected to enhance the project’s value and attract investor interest, leveraging its proximity to the multi-million-ounce Bronzewing orebody.
Hammer Metals Limited has announced significant progress in its exploration activities across various projects in Queensland. The company is conducting a 1,500m RC drill program at its 100%-owned prospects, including Lex, Mascotte, and Tourist Zone South, targeting copper-gold anomalies. Additionally, the Bullrush Joint Venture with Sumitomo Metal Mining Oceania is nearing completion after weather-related delays, and the Isa Valley Joint Venture with South32 is set to commence drilling soon. These developments are expected to enhance Hammer’s position in the copper-gold exploration sector and potentially increase its resource base, benefiting stakeholders.
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.
Hammer Metals Ltd has initiated a Reverse Circulation drilling program across three copper-gold targets in the Mount Isa district, aiming to explore highly prospective sites at Lex, Tourist Zone South, and Mascotte. This program, expected to conclude in early May, is part of Hammer’s strategic focus on expanding its exploration footprint and enhancing its resource base. The drilling efforts are anticipated to provide significant insights into the copper and gold potential of these areas, potentially impacting the company’s operational capabilities and market positioning.
Hammer Metals Limited has announced the discovery of strong new gold and copper targets in North Queensland, following recent electromagnetic and soil surveys. The standout target, ‘Lex,’ identified by a fixed loop electromagnetic survey, shows significant potential with historical rock chip results indicating up to 3.1% copper. Additionally, soil surveys at the Sisters Project area have revealed promising gold-only and copper-gold anomalies, with plans for further exploration and drilling in the coming months. These developments could significantly enhance Hammer Metals’ exploration portfolio and strengthen its position in the mineral-rich Mount Isa region.
Hammer Metals Limited has released its interim financial report for the half-year ending December 31, 2024. The report highlights the company’s financial position, with a market capitalization of $24.9 million and cash reserves of $2.7 million. This financial update provides stakeholders with insights into Hammer Metals’ operational status and financial health, which could influence its strategic decisions and market positioning.
Hammer Metals Limited has commenced a 4-hole, 2,000-meter diamond drill program in collaboration with Sumitomo Metal Mining Oceania to test four IOCG (Iron Oxide Copper Gold) targets in the Bullrush Joint Venture area. This initiative is part of a strategic effort to explore the potential of Proterozoic units beneath Cambrian cover sequences, which have shown promising signs of hosting IOCG mineralization. The results of this drilling program, expected from mid-March, could significantly impact Hammer Metals’ exploration strategies and enhance its positioning in the mining sector.