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Hastings Rare Metals Ltd

Basic Materials AU HAS

0.27AUD
-0.015(5.26%)

Last update at 2025-06-18T04:32:00Z

Day Range

0.270.28
LowHigh

52 Week Range

0.230.45
LowHigh

Fundamentals

  • Previous Close 0.28
  • Market Cap55.72M
  • Volume362492
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-9.44884M
  • Revenue TTM0.65M
  • Revenue Per Share TTM0.005
  • Gross Profit TTM 0.18M
  • Diluted EPS TTM-1.0

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax -10.57986M -9.43525M -6.33315M -4.22379M -5.16344M
Minority interest - - - - -
Net income -10.57986M -9.46326M -6.41337M -4.30003M -4.90541M
Selling general administrative 30.33M 11.89M 8.14M 6.74M 7.42M
Selling and marketing expenses - - - - -
Gross profit - - - - -
Reconciled depreciation 0.42M 0.37M 0.32M 0.27M 0.10M
Ebit 9.95M -9.40725M -6.31485M -4.19756M -5.42147M
Ebitda 10.37M -9.03255M -5.99691M -3.92909M -5.32475M
Depreciation and amortization 0.42M 0.37M 0.32M 0.27M 0.10M
Non operating income net other - - - - -
Operating income 9.95M -9.40725M -6.31485M -4.19756M -5.42147M
Other operating expenses 30.10M 9.74M 6.49M 4.42M 5.42M
Interest expense 20.53M 0.03M 0.02M 0.03M 0.00000M
Tax provision 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Interest income 12.48M 0.33M 0.02M 0.03M 0.26M
Net interest income -15.91238M 0.30M 0.10M 0.15M 0.26M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 55.96M 0.03M 0.08M 0.08M -0.25803M
Total revenue 7.17M 0.33M 0.11M 0.23M 0.26M
Total operating expenses 30.10M 9.74M 6.49M 4.42M 5.42M
Cost of revenue - - - - -
Total other income expense net 35.44M -0.02800M -0.01830M -0.02624M 0.26M
Discontinued operations - - - - -
Net income from continuing ops -10.57986M -9.43525M -6.33315M -4.22379M -5.16344M
Net income applicable to common shares -10.57986M -9.43525M -6.33315M -4.22379M -5.16344M
Preferred stock and other adjustments - - - - -
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 480.00M 493.42M 298.34M 225.91M 113.87M
Intangible assets - 0.00008M 0.00033M 0.00036M 0.00040M
Earning assets - - - - -
Other current assets 2.00M 0.00835M 0.00859M 0.00461M 0.00389M
Total liab 183.59M 178.25M 15.91M 3.98M 3.93M
Total stockholder equity 296.42M 315.17M 282.43M 221.93M 109.94M
Deferred long term liab - - - - -
Other current liab 2.42M 0.02M 0.00111M 0.00132M 0.00125M
Common stock 452.32M 435.32M 318.79M 242.28M 125.69M
Capital stock - 435.32M 318.79M 242.28M 125.69M
Retained earnings -82.07692M -48.32319M -38.01987M -28.62925M -22.29482M
Other liab - 7.01M 3.09M 0.97M 0.06M
Good will - - - - -
Other assets - - - - -
Cash 17.89M 98.64M 119.87M 28.07M 9.45M
Cash and equivalents - 72.00M 55.00M 6.00M 7.50M
Total current liabilities 11.25M 37.26M 12.44M 3.01M 3.76M
Current deferred revenue - 14.20M 0.90M 1.21M 1.04M
Net debt 151.41M 36.15M -119.27619M -27.95491M -9.12922M
Short term debt 1.09M 0.81M 0.20M 0.11M 0.21M
Short long term debt - - - - 0.00908M
Short long term debt total 169.30M 134.80M 0.59M 0.11M 0.32M
Other stockholder equity - -0.07182M 1.66M 8.29M 6.55M
Property plant equipment - 302.53M 154.56M 110.87M 100.13M
Total current assets 25.28M 106.99M 143.45M 114.68M 13.35M
Long term investments - 83.90M - - -
Net tangible assets - 315.09M 282.10M 221.57M 109.54M
Short term investments - 15.00M 15.00M 82.00M 82.00M
Net receivables 1.13M 6.15M 2.96M 0.28M 0.23M
Long term debt - 133.19M - - -
Inventory 4.26M 2.19M 5.62M 4.33M 3.66M
Accounts payable 7.74M 22.23M 11.33M 1.69M 2.51M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -73.82496M -71.82107M 1.66M 8.29M 6.55M
Additional paid in capital - - - - -
Common stock total equity - - - - 125.69M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.60M -0.38643M -0.15488M -0.11123M -0.00040M
Deferred long term asset charges - - - - -
Non current assets total 454.72M 386.43M 154.88M 111.23M 100.53M
Capital lease obligations - 1.61M 0.59M 0.11M 0.32M
Long term debt total - 133.98M 0.39M 0.00000M 0.11M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -260.73165M 67.00M -82.00000M -17.09066M -33.33312M
Change to liabilities 1.48M 0.72M -0.06149M -0.44839M 0.62M
Total cashflows from investing activities -260.73165M 34.38M -92.24443M -17.09066M -33.33312M
Net borrowings 149.81M -0.18666M -0.21210M -0.13783M -0.13783M
Total cash from financing activities 249.22M 67.43M 115.56M 14.68M 35.57M
Change to operating activities - - - - -
Net income -0.01058M -0.00944M -0.00633M -0.00422M -5.16344M
Change in cash -21.22231M 91.80M 18.61M -8.93694M -2.19878M
Begin period cash flow 119.87M 28.07M 9.45M 18.39M 20.69M
End period cash flow 98.64M 119.87M 28.07M 9.45M 18.50M
Total cash from operating activities -0.00970M -0.01001M -0.00470M -0.00653M -4.43951M
Issuance of capital stock 111.00M 69.48M 121.53M 15.06M 36.87M
Depreciation 0.00038M 0.00034M 0.00028M 0.00024M 0.10M
Other cashflows from investing activities -133.47039M -7.09423M -6.07175M -2.64911M -6.74381M
Dividends paid -150.00000M -0.00908M - -1.47129M 1.15M
Change to inventory - - - - -
Change to account receivables -0.00174M -0.00398M -0.00072M -0.00250M -0.52594M
Sale purchase of stock -4.38608M -1.86476M -5.75502M -0.69664M -1.29697M
Other cashflows from financing activities 299.81M -0.16851M -0.20302M 3.25M 2.62M
Change to netincome 0.72M 2.31M 2.09M 0.37M 0.53M
Capital expenditures 127.26M 32.62M 10.24M 17.09M 33.33M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -0.00174M -0.00398M -0.00072M -0.00250M 0.27M
Stock based compensation -0.00035M 0.00231M 0.00209M 0.00037M -
Other non cash items 0.00050M -0.00091M 0.00135M -0.00254M 5.07M
Free cash flow -127.27096M -32.63302M -10.24913M -17.09719M -37.77263M

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
HAS
Hastings Rare Metals Ltd
-0.015 5.26% 0.27 - - 82.33 0.44 12.33
BHP
BHP Group Limited
-0.5 1.34% 36.80 11.07 11.68 3.64 2.79 2.56 4.89
RIO
Rio Tinto Ltd
-0.795 0.74% 106.36 9.91 16.95 3.28 2.09 2.27 5.26
FMG
Fortescue Ltd
-0.62 3.96% 15.04 7.82 13.00 2.96 1.63 2.06 4.05
S32
South32 Ltd
-0.045 1.49% 2.98 - 17.18 2.18 0.98 1.48 13.05

Reports Covered

Stock Research & News

Profile

Hastings Technology Metals Limited, together with its subsidiaries, engages in the exploration and development of rare earth deposits in Australia. The company explores for neodymium, praseodymium, and niobium minerals. Its flagship property is the100% owned Yangibana project that consists of 22 tenements/exploration licenses and 13 mining leases covering an area of approximately 590 square kilometers located northeast of Carnarvon in Western Australia's Upper Gascoyne region. The company was formerly known as Hastings Rare Metals Limited and changed its name to Hastings Technology Metals Limited in October 2015. Hastings Technology Metals Limited was incorporated in 2006 and is based in Perth, Australia.

Hastings Rare Metals Ltd

5 Mill Street, Perth, WA, Australia, 6000

Key Executives

Name Title Year Born
Mr. Foon Keong Lew Exec. Chairman 1957
Mr. Matthew Gerard Allen B.Bus, F Fin, F.C.A., FCA, GAICD, M.A.I.C.D., MAIC Chief Financial Officer NA
Mr. Guy Adrian Robertson B.Com., B.Comm(Hons.), C.A., CA, MAICD Fin. Director, Joint Company Sec. & Exec. Director 1954
Mr. Neil John Hackett B.Econ, BECON, FFin, GAICD (Merit), GDAFI, GDFP Joint Company Sec. & Non-Exec. Director 1969
Mr. Alwyn Petrus Vorster B.Sc., M.B.A., M.Sc. Chief Exec. Officer NA
Mr. Nick Holthouse Acting Chief Operating Officer NA
Mr. Foon Keong Lew Executive Chairman 1957
Mr. Teck Lim Chief Financial Officer NA
Mr. Guy Adrian Robertson B.Com., B.Comm(Hons.), CA, MAICD Finance Director, Joint Company Secretary & Executive Director 1953
Mr. Neil John Hackett B.Econ, BECON, FFin, GAICD (Merit), GDAFI, GDFP Joint Company Secretary & Non-Executive Director 1969

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