HASTINGS TECHNOLOGY METALS LIMITED (HAS)
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HAS - HASTINGS TECHNOLOGY METALS LIMITED

FNArena Sector : Rare Earth Minerals
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -4.54
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.27

06 Sep
2024

0.000

OPEN

$0.28

0.000

HIGH

$0.28

37,930

LOW

$0.27

TARGET
$0.36 33.3% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
HAS: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 8.3 - 10.3 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-8.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx231.5
Net Operating Cash Flow xxxxxxxxxxxxxxx-7.2 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-3.54 %
Return on Invested Capital xxxxxxxxxxxxxxx-2.89 %
Return on Assets xxxxxxxxxxxxxxx-2.67 %
Return on Equity xxxxxxxxxxxxxxx-3.54 %
Return on Total Capital xxxxxxxxxxxxxxx-8.21 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-127.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx134 M
Total Debt xxxxxxxxxxxxxxx135 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx99 M
Price To Book Value xxxxxxxxxxxxxxx0.55

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx127.3 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx30 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx84 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

27/08/2024

3

Hold

$0.36

33.33%

Hastings Technology Metals has results of 104 rock chip samples taken from carbonatite-related ironstone intrusions at Bald Hill.

Ord Minnett points out the grade distribution was highly varied and rock chip samples are only indicative, being notably unreliable as a measure of the underlying geology.

Drilling and resource modelling will be needed to corroborate the presence of any meaningful niobium and hafnium volumes. Hold rating and $0.36 target.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -10.30 cents.
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.10 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

28/08/2024

1

Speculative Buy

$0.35

29.63%

Canaccord Genuity continues to believe neodymium (Nd) and praseodymium (Pr) pricing is at a cycle bottom and is more constructive on price increases into the end-2024 and 2025. However, shorter-term forecasts are marked-to-market and lowered.

The broker's long-term pricing remains anchored to "incentive" levels of US$120/kg NdPr, and US$430/kg and US$1,600/kg, respectively, for dysprosium (Dy) and terbium (Tb).

For Hastings Technology Metals, the broker's target falls to 35c from $2.20 on updated capex forecasts, timeline revisions, equity dilution from recent capital raisings and revised project risking (financing uncertainty). Speculative Buy.
Access Extra Coverage Research History >

HAS STOCK CHART

FNArena News on HAS

1
Australian Broker Call *Extra* Edition – Sep 02, 2024

Sep 02 2024 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Mar 20, 2024

Mar 20 2024 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Feb 21, 2024

Feb 21 2024 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Jun 05, 2023

Jun 05 2023 - Daily Market Reports
5
Weekly Ratings, Targets, Forecast Changes – 02-06-23

Jun 05 2023 - Weekly Reports

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