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An announcement from Hastings Technology Metals Limited ( (AU:HAS) ) is now available.
Hastings Technology Metals Limited has issued 1,562,000 shares at $0.29 each to professional and sophisticated investors, in compliance with the Corporations Act. This move is part of the company’s strategy to strengthen its financial position, potentially enhancing its market presence and operational capabilities in the rare earth metals sector.
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 mining industry, focusing on the exploration and production of rare earth metals, which are crucial for various high-tech and green energy applications.
Average Trading Volume: 230,516
Technical Sentiment Signal: Sell
Current Market Cap: A$64.33M
See more data about HAS stock on TipRanks’ Stock Analysis page.