Watching for an increase in volume for HAMR.c. Hoping to see an influx of trading after Silver Hammer Mining (CSE: HAMR) presented at this weekend’s Metals Investor Forum.
HAMR shares have been bouncing around the 50MA since the beginning of August as they continue to consolidate at all-time lows. Indicators don’t point toward an immediate recover, however, this consolidation floor is a good sign that SP has established a bottom to rebound from.
The company is currently drilling at the Silver Strand Property, following up on priority targets generated from phase 1 drilling. The last updates on this were provided on August 15, so I expect we should be hearing more news from the company soon.
HAMR.c is currently trading at $.295, valued at $13.72 million.
https://ceo.ca/@globenewswire/silver-hammer-reports-on-drilling-progress-at-the-silver