Just change out the lug studs if the bearing surface on the axle is good. I wound also change the axle bearing,thats a lot of violent action. Drum and backing plate need checked.backing plate needs to be straight
Thanks for the advice everyone. Here's photos of the drum.
Where do you recommend I get a replacement drum and studs from? I wonder if I could get that work that flat spot out on the bottom?
The rim doesn't have any markings on it at all.