Hastings Rare Metals Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

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. 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.

Financial highlights

Market Capitalization$87.9693 million
P/E Ratio0
P/E Growth Ratio0
Book Value2.438
Dividend Per Share0
Earnings Per Share-0.08
EBITDA-29,920.158
Profit Margin-1.4756
Operating Margin TTM-4.1985
Return on Assets TTM-0.0475
Return on Equity TTM-0.0354
Revenue TTM7,169.795

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2007-06-30
2008-06-30 0.382 0.382 428.667
2009-06-30 596.963
2010-06-30 1,166.712
2011-06-30 347 2,864.11
2012-06-30 101 2,071.583
2013-06-30 0 0 0 2,321.683
2014-06-30 0 0 0 1,899.239
2015-06-30 194.08 0 194.084 1,010.045
2016-06-30 162.81 0 162.814 1,374.646
2017-06-30 196.73 0 196.732 1,728.287
2018-06-30 281.24 0 281.241 3,204.874
2019-06-30 258.03 5,421.465
2020-06-30 226.71 4,424.262
2021-06-30 114 6,490.766
2022-06-30 328.91 9,736.161
2023-06-30

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2007-06-30 844 966 242 852
2008-06-30 7,214.784 9,152.741 67.727 8,649.427
2009-06-30 7,776.754 9,219.521 20.143 8,649.427
2010-06-30 3,960.171 7,908.922 16.749 2,034.532 7,866.57
2011-06-30 3,446.823 11,281.951 2,363.236 12,574.99
2012-06-30 3,218.52 18,398.851 1,126.942 20,963.94
2013-06-30 2,764.469 19,555.985 706.558 23,889.889
2014-06-30 3,616.118 21,540.716 431.143 27,197.608
2015-06-30 7,639.653 29,623.495 885.35 35,417.397
2016-06-30 2,036.54 38,778.586 1,534.977 8,500 43,997.047
2017-06-30 4,295.506 45,349.3 3,333.506 423.168 48,811.141
2018-06-30 20,694.184 75,863.863 7,368.348 0 81,231.618
2019-06-30 18,495.405 106,229.775 6,784.5 0 112,858.264
2020-06-30 9,453.516 113,873.914 3,930.914 212.103 125,691.027
2021-06-30 28,067.095 225,908.881 3,977.452 112.189 242,275.502
2022-06-30 119,866.547 298,337.542 15,909.051 204.655 318,790.91
2023-06-30 98,644.239 493,422.373 178,249.863 133,187.086

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2007-06-30 11 843.512
2008-06-30 -25.67 6,371.272 843.512 7,214.784
2009-06-30 114.364 561.97 7,214.784 7,776.754
2010-06-30 -899.348 -3,816.583 7,776.754 3,960.171
2011-06-30 -5,329.259 -513.348 3,960.171 3,446.823
2012-06-30 -2,057.572 -228.303 3,446.823 3,218.52
2013-06-30 -1,602.341 -1,000 -454.051 3,218.52 2,764.469
2014-06-30 -1,570.369 -1,167.941 851.649 2,764.469 3,616.118
2015-06-30 -815.961 -741.94 4,023.535 3,616.118 7,639.653
2016-06-30 -277.13 -679.04 -5,603.113 7,639.653 2,036.54
2017-06-30 -9.515 -1,047.856 2,258.966 2,036.54 4,295.506
2018-06-30 -2,891.278 -2,711.114 16,398.678 4,295.506 20,694.184
2019-06-30 -5,163.438 -4,440.115 -2,198.779 20,694.184 18,495.405
2020-06-30 -4,223.791 -6,530.21 -8,936.941 18,390.457 9,453.516 1,471.289
2021-06-30 -6,333.152 -4,702.091 18,613.579 9,453.516 28,067.095
2022-06-30 -9,463.259 -9,088.556 91,799.452 28,067.095 119,866.547
2023-06-30 -10,579.862 -21,211.435 119,866.547 98,644.239