Hastings Technology Metals Limited (HSRMF)
Hastings Technology Metals Limited operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Perth, WA, AU. The stock last traded at $0.18, up 0.00% on the session, giving a market capitalisation of $41.5M. On trailing twelve-month figures it carries a trailing P/E of -0.94, a net margin of 0.0%. Its beta of 0.50 implies it has historically moved less than the broad market.
Engaged in the exploration and development of rare earth deposits across Australia, Hastings Technology Metals Limited primarily targets neodymium and praseodymium minerals. Its cornerstone venture, the Yangibana Rare Earths Project, is strategically located in the Gascoyne region of Western Australia, encompassing 650 square kilometers. This significant project includes various land holdings where Hastings holds a 100% interest in 6 mining leases, 2 prospecting licenses, 11 exploration licenses, 5 general purpose leases, and 13 miscellaneous licenses. Moreover, the company maintains a 70% ownership in an additional 3 mining leases, 8 exploration licenses, and 2 general purpose leases within the same region. Incorporated in 2006 and based in Perth, Australia, the entity was formerly known as Hastings Rare Metals Limited, adopting its current name, Hastings Technology Metals Limited, in October 2015.
Hastings Technology Metals Limited is most often compared with the following Basic Materials names: