HMX 5.13% 3.7¢ hammer metals limited

HMX charting, page-417

  1. 11,010 Posts.
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    Today, MAN up 7% at the back of the quarterly report they are going on organic exploration and development of their tenements in the Northern Territory.
    HMX is well progress with their significant deposit of molybdenum, 3rd biggest undeveloped deposit in Kalmen and over 2% of copper at Mt Hopes and Mascotees. Other areas the company drilled has returned good results including the existence of gold and rhodium.
    Agreed a good quarterly report will send the price up significantly. I expect a good and well informed quarterly announcement which should be out any time from now to end of the month. HMX in my opinion is way under value. With such good fundamentals, the company should be trading closer to 50c. It is now 7.4c, I think the current market capitalisation is too low.
 
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Last
3.7¢
Change
-0.002(5.13%)
Mkt cap ! $32.79M
Open High Low Value Volume
3.8¢ 3.8¢ 3.7¢ $7.413K 197.0K

Buyers (Bids)

No. Vol. Price($)
2 65715 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 345839 2
View Market Depth
Last trade - 13.32pm 18/09/2024 (20 minute delay) ?
HMX (ASX) Chart
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