Added to YB: 2026-08-24
Pitch date: 2026-08-18
HMX.AX [neutral]
Hammer Metals Limited
Author Info
No bio for this author
Company Info
Hammer Metals Limited engages in the exploration and extraction of mineral resources in Australia. It explores for iron oxide, copper, cobalt, rhenum, and gold deposits, as well as for molybdenum ores.
Market Cap
AUD 68.7M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-50.64
P/E
-30.80
EV/Sales
484.03
Sector
Metals and Mining
Category
special_situation
KEDM Lite Vol. 25 - Hammer Metals Limited
HMX.AX (update): Austral acquiring Hammer Metals in shares at A$0.087/share (~15% gross spread), including demerger carving out WA gold assets into SpinCo (A$0.007/share value). Small spin could trigger classic post-spin dumping. Larvotto declined matching right; board backs deal, clearing path.
Read full article (1 min)