HMX
HAMMER FPO [HMX]
Basic Materials · ASX Small Cap
$0.0870 +6.1%
Updated 3 Sep 2026 · Signals refresh every scan
Appeared in 2 consecutive scansFirst seen: 2026-03-02
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Active Signals
Bullish Signals
- Pressing against the upper Bollinger Band — extended and may need to cool off
- Bollinger Bands are tightening — volatility is coiling up for a potential breakout
- Trading above both moving averages — the trend is your friend here
- Knocking on the door of resistance — if it punches through, things could get interesting
- Volume-price trend suggests distribution — sellers may be sneaking out while price holds
- Volatility is contracting — like a spring being compressed, breakouts often follow
- Trading above the 200-day average — the long-term trend is on your side
- Adequate cash runway (4 quarters)
- Very high P/S ratio (519.1x)
- Revenue in sharp decline (-79%)
- Small-cap ($20-100M)
- CANSLIM N: Near 52-week high (breakout territory)
- Sentiment is mixed — no strong consensus either way
- Strong long-term momentum — up 231% over the past year (excluding last month)
- Excellent risk-adjusted returns — Sharpe of 2.0 means strong gains without wild swings
- The bigger volume days are the up days — volume-weighted momentum is positive (2.88%/day)
- AUD/USD strong (-2pts)
- RBA hiking (-3pts)
Risk Signals
- Stochastic is stretched into overbought — could need a breather
- Piotroski F-Score weak (3/9, low-confidence approx)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Revenue declining at -79% — the top line is shrinking
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Recent Catalysts
NONE Change in substantial holding
NONE Austral Resources to Acquire Hammer Metals
NONE AR1: Scheme Implementation Deed Executed to Acquire Hammer
Recent ASX Announcements
| 2026-08-20 | Change in substantial holding |
| 2026-08-11 | Austral Resources to Acquire Hammer Metals PRICE SENSITIVE |
| 2026-08-11 | AR1: Scheme Implementation Deed Executed to Acquire Hammer PRICE SENSITIVE |
| 2026-08-10 | Full Year Statutory Accounts |
| 2026-08-10 | Update Regarding Status of Larvotto Transaction PRICE SENSITIVE |
Key Metrics
$73.2M
Market Cap
4.3M
Avg Volume
1.0x
Vol Ratio
$0.02 — $0.09
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-6.8%
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | pass | Near 52w High |
| S | Supply & Demand | neutral | Float: 64% |
| L | Leader vs Laggard | pass | RS: 32 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
537 tickers in this sector
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