Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Hastings Technology Metals Limited engages in the exploration and development of rare earth deposits in Australia. The company focuses on neodymium and praseodymium minerals. Its flagship project is the Yangibana Rare Earths Project, which holds 100% interests in 6 mining leases, 2 prospecting licenses, 11 exploration licenses, 5 general purpose leases, and 13 miscellaneous licenses;...
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.
Target Price
The average target price of HAS.AX is 0.31 and suggests 42% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d
