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Hastings Technology Metals Limited ( (AU:HAS) ) just unveiled an update.
Hastings Technology Metals Limited has completed the acquisition of Great Western Gold Pty Ltd, securing a 75% interest in the Whiteheads Gold Project located near Kalgoorlie, Western Australia. This acquisition provides Hastings with a substantial gold exploration footprint and access to advanced exploration projects with near-term production targets. The company plans to leverage extensive historical exploration data to fast-track development and define a JORC resource by the end of 2025, starting with confirmatory drilling at the Seven Leaders target. This strategic move is expected to enhance Hastings’ position in the gold sector and create long-term value for shareholders.
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 development of rare earth elements and gold projects. The company is known for its strategic assets in Yangibana and Brockman, and it aims to enhance shareholder value through its diversified mineral portfolio.
Average Trading Volume: 211,527
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$60.33M
For detailed information about HAS stock, go to TipRanks’ Stock Analysis page.