Hastings Technology Metals Limited (AU:HAS) has released an update.
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Hastings Technology Metals reported a challenging quarter ending September 2024, with a significant cash outflow of $8.4 million in investing activities primarily due to property and equipment investments. The company’s net cash decreased by $11.9 million, reflecting continued financial commitments without offsetting revenue. Investors may want to monitor Hastings’ financial strategies as it navigates cash flow pressures.
For further insights into AU:HAS stock, check out TipRanks’ Stock Analysis page.
