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The latest announcement is out from Hastings Technology Metals Limited ( (AU:HAS) ).
Metal Bank Limited (MBK) has announced the completion of its acquisition of Hastings Technology Metals Ltd’s gold assets, set for December 5, 2025. This strategic move includes the acquisition of the Great Western Gold Pty Ltd, Ark Gold Pty Ltd, and Darcy’s gold project, expanding MBK’s presence in Western Australia’s gold mining sector. Tim Gilbert has been appointed as the new CEO of MBK, bringing extensive experience in mining operations, which aligns with MBK’s strategy to transition from an explorer to a miner. The acquisition and leadership changes are expected to enhance MBK’s operational capabilities and support its growth ambitions in the gold market.
The most recent analyst rating on (AU:HAS) stock is a Hold with a A$0.55 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 earths and gold assets. The company is involved in projects across Western Australia, including the Yangibana Rare Earths Project and various gold exploration projects.
Average Trading Volume: 783,439
Technical Sentiment Signal: Hold
Current Market Cap: A$124.5M
Find detailed analytics on HAS stock on TipRanks’ Stock Analysis page.