Charles Lew Acquires 217,259 Shares of Hastings Technology Metals (ASX:HAS) Stock

Hastings Technology Metals Limited (ASX:HAS) insider Charles Lew acquired 217,259 shares of Hastings Technology Metals stock in a transaction that occurred on Friday, December 5th. The stock was purchased at an average price of A$0.59 per share, with a total value of A$128,182.81.

Hastings Technology Metals Price Performance

The company has a quick ratio of 10.90, a current ratio of 2.25 and a debt-to-equity ratio of 57.12. The firm has a market cap of $57.14 million, a price-to-earnings ratio of -1,380.86 and a beta of 0.86.

About Hastings Technology Metals

Hastings Technology Metals Limited engages in the exploration and development of rare earth deposits in Australia. The company focuses on neodymium and praseodymium minerals. It owns the Yangibana Rare Earths Project, located in the Gascoyne region of Western Australia through the 100% ownership of twenty-two tenements/exploration licenses, one prospecting license, and thirteen mining leases, in all covering an area of approximately 590 square kilometers; and the Brockman Rare Earths Project, comprising of four prospecting licenses, located in the East Kimberley region of Western Australia.