Another great quarter with earnings per share (diluted) of $ 1.07 for the quarter and $ 1.72 for nine months ending September 2024. Note that HAM shares closed today at $ 5.99 per share.
Per the management notes, the company is on track to meet 2024 guidance with net debt expected to close year-end at .9x EBITDA.
HAM does not issue dividends, therefore our return is based on an increase in the share price.
HAM opened on January 2, 2024 at $ 4.80, so an increase in value of approx 25 % in 11 1/2 months.
If HAM can continue producing healthy profits and continue to grow production, I have no doubt that the stock will attract more investor interest.