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HMX Stock Chart & Stats
AU$0.08
<AU$0.01(4.76%)
At close: 4:00 PM EDT
AU$0.08
<AU$0.01(4.76%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.10
Previous CloseN/A
Volume3.07M
Average Volume (3M)2.98M
Market Cap
AU$66.06M
Enterprise ValueAU$45.95M
Total Cash (Recent Filing)AU$1.53M
Total Debt (Recent Filing)AU$1.05M
Price to Earnings (P/E)―
Beta2.05
Next Earnings
Mar 17, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.97%
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding892,758,700
10 Day Avg. Volume3,926,381
30 Day Avg. Volume2,976,531
Financial Highlights & Ratios
PEG Ratio0.86
Price to Book (P/B)1.48
Price to Sales (P/S)0.00
P/FCF Ratio-30.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageVery low leverage limits balance-sheet financial risk and reduces the burden of interest and refinancing obligations. This gives Hammer greater flexibility to direct available capital toward exploration and development while preserving resilience if project outcomes take longer to emerge.
Substantial Equity BaseA substantial equity base relative to debt provides a stronger funding foundation than the company’s loss-making operations alone would suggest. It can support exploration programs and improve financial flexibility, although continued cash burn could still require future capital raising.
Copper And Gold Exploration FocusA focused exploration portfolio spanning copper and gold gives Hammer exposure to two important base and precious-metal markets. Advancing discoveries could create value through project sales, partnerships, or eventual development if exploration establishes commercially attractive assets.
Bears Say
No Scaled Operating RevenueRevenue remains minimal, volatile, and reached zero in 2026, confirming that Hammer does not yet have a scaled operating business. The company therefore depends on exploration success and asset-value realisation rather than recurring product sales to build durable revenue.
Recurring Operating LossesPersistent operating losses indicate that current activities are not self-funding and that reported earnings have limited quality. The 2024 profit was not supported by positive EBITDA, while the larger 2026 loss underscores continuing dependence on successful exploration outcomes or external financing.
Persistent Cash BurnConsistently negative operating and free cash flow means Hammer funds its exploration activity externally rather than through operations. Ongoing cash burn can shorten funding runway and increase the likelihood of additional equity issuance, creating dilution risk for existing shareholders.
Hammer Metals Limited News
HMX FAQ
What was Hammer Metals Limited’s price range in the past 12 months?
Hammer Metals Limited lowest share price was AU$0.02 and its highest was AU$0.10 in the past 12 months.
What is Hammer Metals Limited’s market cap?
Hammer Metals Limited’s market cap is AU$66.06M.
When is Hammer Metals Limited’s upcoming earnings report date?
Hammer Metals Limited’s upcoming earnings report date is Mar 17, 2027 which is in 146 days.
How were Hammer Metals Limited’s earnings last quarter?
Hammer Metals Limited released its earnings results on Aug 10, 2026. The company reported -AU$0.001 earnings per share for the quarter.
Is Hammer Metals Limited overvalued?
According to Wall Street analysts Hammer Metals Limited’s price is currently Overvalued.
Does Hammer Metals Limited pay dividends?
Hammer Metals Limited pays a Notavailable dividend of <AU$0.001 which represents an annual dividend yield of 1.97%. See more information on Hammer Metals Limited dividends here
What is Hammer Metals Limited’s EPS estimate?
Hammer Metals Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Hammer Metals Limited have?
Hammer Metals Limited has 892,758,700 shares outstanding.
What happened to Hammer Metals Limited’s price movement after its last earnings report?
Hammer Metals Limited reported an EPS of -AU$0.001 in its last earnings report. Following the earnings report the stock price went down -5.814%.
Which hedge fund is a major shareholder of Hammer Metals Limited?
Currently, no hedge funds are holding shares in AU:HMX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Hammer Metals Limited Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.00%
12-Months-Change
Fundamentals
Return on Equity
-6.90%
Trailing 12-Months
Asset Growth
1.66%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Hammer Metals Limited
Hammer Metals Limited engages in the exploration and extraction of mineral resources in Australia. It explores for iron oxide, copper, cobalt, and gold deposits, as well as for molybdenum ores. The company holds 100% interests in the Mount Isa project that comprise Kalman, Overlander North and Overlander South, the Lakeview, and the Elaine deposits covering an area of approximately 3000 square kilometers within the Mount Isa mining district, as well as a 51% interest in the Jubilee deposit. It also holds a 100% interest in the Bronzewing South gold project covering approximately 290 square kilometers of tenements located in the Yandal Belt of Western Australia. The company was formerly known as Midas Resources Limited and changed its name to Hammer Metals Limited in April 2014. Hammer Metals Limited was incorporated in 2000 and is based in West Perth, Australia.
Technical Analysis
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