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An announcement from Hastings Technology Metals Limited ( (AU:HAS) ) is now available.
Hastings Technology Metals Limited has announced a new placement of 3,150,000 ordinary fully paid securities with Alpha Investment Partners Pty Ltd, which will be quoted on the ASX. This move is expected to enhance the company’s financial position and support its strategic initiatives in the rare earth elements market, potentially strengthening its industry standing and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:HAS) stock is a Hold with a A$0.28 price target. To see the full list of analyst forecasts on Hastings Technology Metals Limited stock, see the AU:HAS Stock Forecast page.
More about Hastings Technology Metals Limited
Hastings Technology Metals Limited operates in the technology metals industry, focusing on the exploration and development of rare earth elements, which are crucial for various high-tech and green energy applications.
Average Trading Volume: 550,455
Technical Sentiment Signal: Buy
Current Market Cap: A$149.5M
For detailed information about HAS stock, go to TipRanks’ Stock Analysis page.