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Hamak Gold Limited
(LSE:HAMA)
Hamak Gold Limited (HAMA) vs. iShares MSCI United Kingdom ETF (EWC)
Hamak Gold Limited Business Overview & Revenue Model
Hamak Gold Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -692.00K | -673.00K | ― | -3.70M | -147.52K |
| Net Income | -1.18M | -1.08M | -536.55K | -3.73M | -393.77K |
Balance Sheet | |||||
| Total Assets | 2.14M | 2.00M | 2.00M | 1.55M | 1.90K |
| Cash, Cash Equivalents and Short-Term Investments | 36.00K | 27.00K | 2.00K | 12.00K | 1.00K |
| Total Debt | 392.00K | 318.00K | 9.00K | 59.00K | 70.00K |
| Total Liabilities | 1.11M | 1.06M | 456.00K | 411.00K | 357.28K |
| Stockholders Equity | 1.03M | 930.00K | 1.55M | 1.14M | -355.38K |
Cash Flow | |||||
| Free Cash Flow | -188.00 | -382.00K | -715.00K | -1.16M | -77.00 |
| Operating Cash Flow | -120.00 | -359.00K | -302.00K | -567.00K | -77.00 |
| Investing Cash Flow | -66.00 | -23.00K | -413.00K | -590.00K | 0.00 |
| Financing Cash Flow | 160.00 | 407.00K | 705.00K | 1.17M | 78.00 |
Hamak Gold Limited Peers Comparison
Hamak Gold Limited Corporate Events
Hamak Strategy Limited has moved to regain full control of its Nimba gold project in Liberia after mutually agreeing with First Au Limited to terminate their joint venture, securing 100% ownership for no initial payment after FAU spent more than A$600,000 on exploration and delivered early encouraging drill intercepts. The company is now in advanced talks with a new partner to further develop Nimba, while simultaneously progressing due diligence on the 250,000-ounce Akoko gold project in Ghana, lining up a drilling contractor for a 4,250-metre reverse circulation programme and conducting community engagement and topographical surveys in preparation for potential low-cost open-pit heap leach development. Against a backdrop of sharply higher gold prices and a deliberate ramp-up in operational activity, Hamak is also reshaping its board and management team to support its combined gold and Bitcoin treasury strategy, signalling a more aggressive growth and capital markets push that could materially influence its future positioning and risk profile.
The most recent analyst rating on (GB:HAMA) stock is a Sell with a £1.00 price target. To see the full list of analyst forecasts on Hamak Gold Limited stock, see the GB:HAMA Stock Forecast page.
Hamak Strategy Limited has expanded its hybrid treasury strategy by acquiring three additional Bitcoin for approximately £199,703 and 1.65kg of gold bullion for about £195,360, bringing its total Bitcoin holdings to 23. Management says the combined holdings of physical gold and Bitcoin are intended to provide a low correlation to conventional equity markets, offer potential upside from long-term structural trends, and act as strategic reserves and non-dilutive value protection for shareholders, while the company underscores that its Bitcoin exposure is high risk, unregulated, and subject to significant volatility and liquidity constraints that investors should carefully consider.
The most recent analyst rating on (GB:HAMA) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Hamak Gold Limited stock, see the GB:HAMA Stock Forecast page.
Hamak Strategy Limited announced that Executive Director Karl Smithson transferred 2,500,000 shares to his spouse, who then sold a portion and transferred the rest into her ISA. This transaction results in Mr. Smithson holding 15,966,900 shares, representing 3.53% of the company’s issued share capital, highlighting internal financial restructuring and potential tax planning strategies.
Hamak Strategy Limited has completed a £2.5 million convertible loan note (CLN) and signed an At the Market (ATM) facility with its broker, AlbR Capital, to support its dual strategy of gold exploration and Bitcoin treasury management. The funding package provides flexibility for Hamak to invest in gold exploration and mining opportunities while strengthening its balance sheet through strategic acquisitions of Bitcoin and physical gold, aiming to enhance share value and achieve asset growth for shareholders.
Hamak Strategy Ltd. has signed a Binding Term Sheet with CAA Mining Limited to acquire the Akoko gold licence in Ghana, which holds an inferred gold resource of 276,500 ounces. The acquisition involves an exclusivity period for due diligence and a commitment to further exploration, with the potential for a low-cost open pit mining operation. The deal positions Hamak to enhance its gold resource base and leverage the strong gold market, providing a value accretive opportunity for shareholders.
Hamak Strategy Limited announced that Executive Director Karl Smithson has transferred 2,750,000 shares from a nominee account into his personal SIPP, resulting in a new beneficial holding of 15,968,102 shares. This transaction reflects the company’s ongoing internal financial management and may impact stakeholders by altering the percentage of share capital held by key executives.
Hamak Strategy Limited announced that Executive Director Karl Smithson has transferred shares from a nominee account into his personal SIPP, resulting in a new beneficial holding of 15,968,102 shares, representing 3.53% of the company’s issued share capital. This move reflects the company’s ongoing management of its internal financial strategies, potentially impacting its operational focus and shareholder interests.
Hamak Strategy Limited announced the results of its Extraordinary General Meeting, where a resolution to waive pre-emption share allotment and issue rights was passed with 98.38% of votes in favor. This decision could impact the company’s financial strategy and market positioning, especially given its involvement in high-risk Bitcoin investments, which are subject to volatility and regulatory challenges.