Hastings Technology Metals Limited (HSRMF) Stock

About Hastings Technology Metals Limited

Engaged in the exploration and development of rare earth deposits across Australia, Hastings Technology Metals Limited primarily targets neodymium and praseodymium minerals. Its cornerstone venture, the Yangibana Rare Earths Project, is strategically located in the Gascoyne region of Western Australia, encompassing 650 square kilometers. This significant project includes various land holdings where Hastings holds a 100% interest in 6 mining leases, 2 prospecting licenses, 11 exploration licenses, 5 general purpose leases, and 13 miscellaneous licenses. Moreover, the company maintains a 70% ownership in an additional 3 mining leases, 8 exploration licenses, and 2 general purpose leases within the same region. Incorporated in 2006 and based in Perth, Australia, the entity was formerly known as Hastings Rare Metals Limited, adopting its current name, Hastings Technology Metals Limited, in October 2015.

Hastings Technology Metals Limited is headquartered in AU.

Hastings Technology Metals Limited (HSRMF) stock trades at $0.18 with a market capitalization of $41.48M. The stock is valued at a negative price-to-earnings (P/E) ratio of -0.85, reflecting a net loss over the last twelve months, price-to-book of 0.70, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.17 and $0.65, and currently trades 72.3% below its 52-week high.

On profitability, Hastings Technology Metals Limited generates a return on equity (ROE) of -67.75% (negative, reflecting a net loss), return on capital employed of -7.31%.

Official website: www.hastingstechmetals.com