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Hastings Technology Metals Limited ( (AU:HAS) ) has issued an announcement.
Hastings Technology Metals Limited has announced the application for quotation of 5,780,000 new ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a placement opportunity, potentially impacting the company’s capital structure and market presence. The issuance of these securities may enhance Hastings’ financial flexibility and support its strategic initiatives in the rare earth elements sector.
The most recent analyst rating on (AU:HAS) stock is a Hold with a A$0.35 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 is a company operating in the technology metals industry, focusing on the exploration and development of rare earth elements. These elements are crucial for various high-tech applications, including electronics and renewable energy technologies.
Average Trading Volume: 224,894
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$60.06M
Find detailed analytics on HAS stock on TipRanks’ Stock Analysis page.