Australia's Hammer Metals hits 1-week low on bleak HY results

Hammer Metals

10/03/2023 03:46

** Shares of Hammer Metals Ltd  HMX.AX  slump as much as
4.8% to A$0.060, their lowest level since Feb. 27
    ** Shares post their biggest intraday pct fall since Feb 27
    ** The mineral explorer posts HY loss of A$769,151
($505,716.78) compared to a profit of A$85,704 in the previous
corresponding period 
    ** Stock has fallen 7.4% this year, as of last close 


($1 = 1.5209 Australian dollars)

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))