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HMX

Hammer MetalsASX:HMX Stock Report

Market Cap

AU$52.9m

7D

3.3%

1Y

31.3%

Updated

20 Oct, 2021

Data

Company Financials
HMX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

HMX Overview

Hammer Metals Limited engages in the exploration and extraction of mineral resources in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Hammer Metals
Historical stock prices
Current Share PriceAU$0.063
52 Week HighAU$0.031
52 Week LowAU$0.15
Beta0.57
1 Month Change-12.50%
3 Month Change-25.00%
1 Year Change31.25%
3 Year Change90.91%
5 Year Change21.15%
Change since IPO-99.61%

Recent News & Updates

Shareholder Returns

HMXAU Metals and MiningAU Market
7D3.3%3.6%1.7%
1Y31.3%11.3%20.2%

Return vs Industry: HMX exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: HMX exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is HMX's price volatile compared to industry and market?
HMX volatility
HMX Beta0.57
Industry Beta0.97
Market Beta1

Stable Share Price: HMX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: HMX's weekly volatility has decreased from 27% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aDan Thomashttps://www.hammermetals.com.au

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 cobalt, 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 deposit, as well as a 51% interest in the Jubilee deposit.

Hammer Metals Fundamentals Summary

How do Hammer Metals's earnings and revenue compare to its market cap?
HMX fundamental statistics
Market CapAU$52.88m
Earnings (TTM)-AU$611.52k
Revenue (TTM)AU$269.52k

190.9x

P/S Ratio

-84.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HMX income statement (TTM)
RevenueAU$269.52k
Cost of RevenueAU$0
Gross ProfitAU$269.52k
ExpensesAU$881.04k
Earnings-AU$611.52k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00075
Gross Margin100.00%
Net Profit Margin-226.89%
Debt/Equity Ratio0%

How did HMX perform over the long term?

See historical performance and comparison

Valuation

Is Hammer Metals undervalued compared to its fair value and its price relative to the market?

1.93x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate HMX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate HMX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: HMX is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: HMX is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HMX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HMX is good value based on its PB Ratio (1.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Hammer Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.7%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hammer Metals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Hammer Metals performed over the past 5 years?

-7.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HMX is currently unprofitable.

Growing Profit Margin: HMX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HMX is unprofitable, and losses have increased over the past 5 years at a rate of 7% per year.

Accelerating Growth: Unable to compare HMX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HMX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: HMX has a negative Return on Equity (-2.3%), as it is currently unprofitable.


Financial Health

How is Hammer Metals's financial position?


Financial Position Analysis

Short Term Liabilities: HMX's short term assets (A$9.8M) exceed its short term liabilities (A$1.2M).

Long Term Liabilities: HMX's short term assets (A$9.8M) exceed its long term liabilities (A$232.6K).


Debt to Equity History and Analysis

Debt Level: HMX is debt free.

Reducing Debt: HMX has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: HMX has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: HMX has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 4.7% each year.


Dividend

What is Hammer Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HMX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HMX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HMX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HMX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HMX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Dan Thomas

2yrs

Tenure

AU$330,668

Compensation

Mr. Daniel Thomas, also known as Dan, has been Managing Director and Director of Hammer Metals Limited since October 21, 2019. Mr. Thomas served as Business Development Manager at Sandfire Resources, where...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD247.23K) is about average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: HMX's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: HMX's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.9%.


Top Shareholders

Company Information

Hammer Metals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Hammer Metals Limited
  • Ticker: HMX
  • Exchange: ASX
  • Founded: NaN
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$52.877m
  • Shares outstanding: 813.49m
  • Website: https://www.hammermetals.com.au

Location

  • Hammer Metals Limited
  • Unit 1 & 2
  • 28-30 Mayfair Street
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:03
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.