Australia's Hammer Metals rises on government grants award

Hammer Metals

25/03/2026 23:36

** Shares of Australia's Hammer Metals HMX.AX rise as much as 12.1% to A$0.037, their biggest intraday pct gain since March 10

** Stock at its highest level since March 18

** Copper-gold miner says it's been awarded two grants totalling A$336,000 ($233,217.60) under Queensland government collaborative exploration initiative (CEI) scheme

** Stock has risen 15.6% this year, including session moves

($1 = 1.4407 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com))