Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Hastings Technology Metals Limited ( (AU:HAS) ) has shared an announcement.
Hastings Technology Metals Limited has announced that Metal Bank Limited (MBK) has completed due diligence for acquiring its gold assets, including the Whiteheads, Ark, and Darcy projects in Western Australia. This acquisition aligns with MBK’s strategy to expand its gold portfolio in WA and move towards production. The Seven Leaders drilling program is set to commence on September 22, 2025, focusing on geotechnical drilling for pit design. HAS has allocated $500,000 to advance the Whiteheads project during the regulatory phase of the acquisition, ensuring exploration and permitting works continue. The acquisition and drilling activities are expected to enhance MBK’s operations and industry positioning, offering potential pathways for future toll treatment options.
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
Average Trading Volume: 240,207
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$62.26M
For an in-depth examination of HAS stock, go to TipRanks’ Overview page.