How to buy Hammer Metals shares | A$0.048

Hammer Metals Limited is an other precious metals & mining business based in Australia. Hammer Metals shares (HMX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.048 – an increase of 11.63% over the previous week. Hammer Metals has a trailing 12-month revenue of around $89,907.

How to buy shares in Hammer Metals

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Hammer Metals . Find the share by name or ticker symbol: HMX. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Hammer Metals reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.048, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Hammer Metals . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Hammer Metals 's share price?

Since the stock market crash in March caused by coronavirus, Hammer Metals 's share price has had significant positive movement.

Its last market close was $0.048, which is 56.25% up on its pre-crash value of $0.021 and 433.33% up on the lowest point reached during the March crash when the shares fell as low as $0.009.

If you had bought $1,000 worth of Hammer Metals shares at the start of February 2020, those shares would have been worth $523.81 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2,285.71.

Hammer Metals share price

Use our graph to track the performance of HMX stocks over time.

Hammer Metals shares at a glance

• Key figures

Information last updated 2020-10-13.

Latest market close	AUDA$0.048
52-week range	AUDA$0.009 - AUDA$0.063
50-day moving average	AUDA$0.0415
200-day moving average	AUDA$0.0355
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.003

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AUD 8

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Hammer Metals stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Hammer Metals Limited by TradingView

Hammer Metals price performance over time

Historical closes compared with the close of A$0.048 on 2020-10-20

1 week (2020-10-12)	20.00%
1 month (2020-09-18)	23.08%
3 months (2020-07-17)	14.29%
6 months (2020-04-17)	128.57%

1 year (2019-10-18)	92.00%
2 years (2018-10-19)	54.84%
3 years (2017-10-18)	29.73%
5 years (2015-10-16)	-26.15%

Hammer Metals financials

Revenue TTM	$89,907
Gross profit TTM	$89,907
Return on assets TTM	-3.95%
Return on equity TTM	-12.87%
Profit margin	0%
Book value	0.029
Market capitalisation	$25.9 million

TTM: trailing 12 months

Hammer Metals share dividends

We're not expecting Hammer Metals to pay a dividend over the next 12 months.

Have Hammer Metals 's shares ever split?

Hammer Metals 's shares were split on a 1:100 basis on 3 April 2014. So if you had owned 100 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Hammer Metals shares – just the quantity. However, indirectly, the new 9900% higher share price could have impacted the market appetite for Hammer Metals shares which in turn could have impacted Hammer Metals 's share price.

Hammer Metals share price volatility

Over the last 12 months, Hammer Metals 's shares have ranged in value from as little as $0.009 up to $0.063. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Hammer Metals 's is 1.0049. This would suggest that Hammer Metals 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Hammer Metals overview

Hammer Metals Limited engages in the exploration and extraction of mineral resources in Australia. It primarily explores for iron oxide, copper, and gold, as well as for lead, zinc, cobalt, silver, molybdenum, and rhenium ores. The company holds tenement position covering approximately 2,200 square kilometers within the Mount Isa mining district, with 100% interests in the Kalman deposit, the Overlander North and Overlander South deposits, and the Elaine-Dorothy deposit, as well as a 51% interest in the Jubilee deposit. It also holds a 100% interest in the Bronzewing South gold project located in the Yilgarn Province 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 is based in Mount Lawley, Australia.

Frequently asked questions

• What percentage of Hammer Metals is owned by insiders?

  Currently 33.701% of Hammer Metals shares are held by insiders.

• When does the fiscal year end for Hammer Metals ?

  Hammer Metals 's fiscal year ends in June.

• Where is Hammer Metals based?

  Hammer Metals 's address is: 827 Beaufort Street, Mount Lawley, WA, Australia, 6052

• What is Hammer Metals 's ISIN number?

  Hammer Metals 's international securities identification number is: AU000000HMX5