Hastings Technology Metals Limited engages in the exploration and development of rare earth deposits in Australia. More Details
Excellent balance sheet with moderate growth potential.
Share Price & News
How has Hastings Technology Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HAS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: HAS's weekly volatility (7%) has been stable over the past year.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: HAS exceeded the Australian Metals and Mining industry which returned 29.1% over the past year.
Return vs Market: HAS exceeded the Australian Market which returned 26.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hastings Technology Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StDo Insiders Own Lots Of Shares In Hastings Technology Metals Limited (ASX:HAS)?
11 months ago | Simply Wall StHere's Why We're Watching Hastings Technology Metals' (ASX:HAS) Cash Burn Situation
Is Hastings Technology Metals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate HAS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HAS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HAS is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: HAS is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HAS is good value based on its PB Ratio (2.1x) compared to the AU Metals and Mining industry average (2.6x).
How is Hastings Technology Metals forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HAS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: HAS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HAS's is expected to become profitable in the next 3 years.
Revenue vs Market: Insufficient data to determine if HAS's revenue is forecast to grow faster than the Australian market.
High Growth Revenue: Insufficient data to determine if HAS's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HAS's Return on Equity is forecast to be low in 3 years time (1.5%).
How has Hastings Technology Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HAS is currently unprofitable.
Growing Profit Margin: HAS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HAS is unprofitable, and losses have increased over the past 5 years at a rate of 37.8% per year.
Accelerating Growth: Unable to compare HAS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HAS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (20.2%).
Return on Equity
High ROE: HAS has a negative Return on Equity (-3.3%), as it is currently unprofitable.
How is Hastings Technology Metals's financial position?
Financial Position Analysis
Short Term Liabilities: HAS's short term assets (A$24.4M) exceed its short term liabilities (A$2.4M).
Long Term Liabilities: HAS's short term assets (A$24.4M) exceed its long term liabilities (A$74.0K).
Debt to Equity History and Analysis
Debt Level: HAS is debt free.
Reducing Debt: HAS has no debt compared to 5 years ago when its debt to equity ratio was 0.04%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HAS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HAS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Hastings Technology Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HAS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HAS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HAS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hastings Technology Metals has no CEO, or we have no data on them.
Experienced Management: HAS's management team is considered experienced (2.8 years average tenure).
Experienced Board: HAS's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 68.1%.
Hastings Technology Metals Limited's company bio, employee growth, exchange listings and data sources
- Name: Hastings Technology Metals Limited
- Ticker: HAS
- Exchange: ASX
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$382.460m
- Shares outstanding: 1.74b
- Website: https://www.hastingstechmetals.com
Number of Employees
- Hastings Technology Metals Limited
- Westralia Plaza
- Level 8
- Western Australia
Hastings Technology Metals Limited engages in the exploration and development of rare earth deposits in Australia. It primarily holds interest in the Yangibana rare earths project with package covering an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/05 15:48|
|End of Day Share Price||2021/08/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.