Hammer Metals Limited
AASX:HMX0.07
AUD
+0.00
(+1.37%)
ISIN
AU000000HMX5
Return %
Stock
S&P 500
1Y
146.67
14.20
3Y
72.09
81.12
5Y
21.31
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Daniel Thomas
- Full Time Employees
- 4
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 41 Colin Street West Perth WA Australia 6005
- IPO Date
- Jan 28, 2003
- Website
- hammermetals.com.au
- Similar Companies
- Business
- Hammer Metals Limited (ASX:HMX) is an Australian mineral exploration company focused on copper, gold, iron oxide-copper-gold (IOCG), and associated deposits in Queensland and Western Australia. The company holds 100% interests in the Mount Isa Project, comprising the Kalman, Overlander North, Overlander South, and Elaine deposits covering approximately 3,000 square kilometers in the Mount Isa mining district; a 51% interest in the Jubilee deposit; and the Bronzewing South Au/Li/Ni Project located in the prospective Yandal Belt. It also explores for molybdenum, rhenium, cobalt, and other base metals across its portfolio targeting tier-one scale systems in world-class mineral provinces. Founded in 2000 and headquartered at Suite 2, Level 2, 41 Colin Street, West Perth, Western Australia, Hammer Metals operates primarily in Australia with no international subsidiaries or parent company relationships. Recent developments include joint ventures with Sumitomo Metal Mining Oceania for the Bullrush Project, where Sumitomo can earn up to 80% through staged expenditures starting with $4.5 million by 2028, advancing to drilling in early 2025; a partnership with South32 for the Isa Valley Project targeting drill execution in Q2-Q3 2025; an earn-in agreement allowing South32 to acquire up to 80% interest; transactions with Carnaby Resources involving the sale of sub-blocks for up to $20 million; and option acquisition on the Lady Jenny mining lease alongside advancements in the Yandal Gold Project, all within the past 1-2 years to expand its exploration pipeline and leverage global partners.