Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Hastings Technology Metals Limited is an Australian firm dedicated to identifying and developing rare earth mineral resources, primarily focusing on neodymium and praseodymium. Its flagship undertaking is the Yangibana Rare Earths Project, located in the Gascoyne region of Western Australia, encompassing a total area of 650 square kilometers. The company holds 100% ownership of 6 mining leases, 2 prospecting licenses, 11 exploration licenses, 5 general purpose leases, and 13 miscellaneous licenses within this project. Furthermore, it possesses a 70% interest in 3 mining leases, 8 exploration licenses, and 2 general purpose leases. Incorporated in 2006 and based in Perth, Australia, the company changed its name from Hastings Rare Metals Limited to its current one in October 2015.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers.
Target Price
The average target price of HAS.AX is 0.47 and suggests 104% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc