$HAMR undervalued? For everyone interested in silver and copper I've had my eyes on the exploration company, Silver Hammer Mining Corp. ($HAMR.c $HAMRF) for a while and I think that it could be undervalued rn.
$HARM controls the past-producing Silver Strand Mine in Idaho as well as the Eliza Silver Project and the Silverton Silver Mine which are both located in one of the world’s most prolific mining jurisdictions in Nevada.
Last month the company reported high-grade silver assay results from the Eliza Silver Project including:
- 1290 g/t silver
- 1180 g/t silver & 7.70% copper
- and 632 g/t silver & 2.2% copper
(Full results here: https://silverhammermining.com/site/assets/files/5842/2022-05-11-nr-hamr-wtsb9009hs.pdf)
$HAMR closed slightly down today meaning that it is trading at only $0.31/share, which IMO is a really good price considering its assets and the findings from the Eliza Project
MC is $11.966M