Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s): HMDPF

Industrials

Hammond Power Solutions Inc. is a manufacturer of dry-type transformers in North America. It is engaged in engineering and manufacturing a range of standard and custom transformers that are exported in electrical equipment and systems. It enables electrification through its range of dry-type transformers, power quality products and related magnetics. Its standard and custom-designed products are essential and ubiquitous in electrical distribution networks through a range of end-user applications. Its products include power transformers, furnace transformers, converter transformers, unitized substations, control & automation products, low voltage distribution products, medium voltage distribution products and others. It supports solid industries, such as oil and gas, mining, steel, waste and water treatment, commercial construction, data centers and wind power generation. It has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe.

TSX:HPS.A - Post by User

Hammond Power Solutions Inc > $30 by December 31 possible and reasonable

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Comment by microcaphobbyon Nov 01, 2022 7:32am

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Post# 35062237

RE:RE:RE:RE:$30 by December 31 possible and reasonable

Very small float so buyers have to take nibbles at a time. Maybe we will see a block trade go through. If company wants to do a large expansion or acquisition then maybe it would do aprivate placement.

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