HXG.AX - Hexagon Resources Limited

ASX - ASX Delayed Price. Currency in AUD
0.0540
-0.0020 (-3.57%)
At close: 4:10PM AEDT
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Previous Close0.0560
Open0.0560
Bid0.0500 x 0
Ask0.0600 x 0
Day's Range0.0540 - 0.0560
52 Week Range0.0540 - 0.1650
Volume178,663
Avg. Volume235,368
Market Cap15.756M
Beta (3Y Monthly)-2.27
PE Ratio (TTM)N/A
EPS (TTM)-0.0070
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.37
  • Hexagon Enters Rare Earths Downstream Processing Industry
    GlobeNewswire

    Hexagon Enters Rare Earths Downstream Processing Industry

    Hexagon Resources Limited (HXG.AX) (“Hexagon” or the “Company”) is pleased to announce it has executed a binding Investment Agreement (“BIA”) whereby Hexagon has an Option to acquire a 49% interest in an advanced, downstream rare-earth elements (“REE” or “REEs”) separation technology from Innovation Metals Corp. (“IMC”). IMC’s proprietary RapidSX™ REE separation technology holds the potential to enable current and future REE producers outside of China to serve US, European, Japanese and Korean markets, mitigating the current extreme concentration of REE supply and separation capability in China. The rare-earth processing business meshes well with Hexagon’s build-out of downstream processing of energy materials and is well covered by the US team that the Company has already assembled.

  • GlobeNewswire

    Innovation Metals Corp. and Hexagon Resources Limited Form Joint Venture for the Commercialization of RapidSX™ Technology for Rare-Earth Separation

    (“IMC”) is pleased to announce the execution of a binding Investment Agreement (“BIA”) with Hexagon Resources Limited (ASX:HXG) (“Hexagon”), on the formation of American Innovation Metals Inc. (“AIM”), a new joint-venture company focused on the commercialization of IMC’s RapidSX™ technology for the separation of rare-earth elements (“REEs”). Through the BIA with IMC, Hexagon has an Option to acquire 49% of AIM with an exercise price of US$2.0 million, plus US$4.0 million in deferred consideration. Hexagon will also contribute commercial and marketing capabilities to identify and to secure feedstocks, generate licensing opportunities for the RapidSX technology and sales/offtakes for REE oxides (“REOs”) produced.

  • Is Hexagon Resources (ASX:HXG) In A Good Position To Deliver On Growth Plans?
    Simply Wall St.

    Is Hexagon Resources (ASX:HXG) In A Good Position To Deliver On Growth Plans?

    Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

  • Can We See Significant Insider Ownership On The Hexagon Resources Limited (ASX:HXG) Share Register?
    Simply Wall St.

    Can We See Significant Insider Ownership On The Hexagon Resources Limited (ASX:HXG) Share Register?

    Every investor in Hexagon Resources Limited (ASX:HXG) should be aware of the most powerful shareholder groups. Insiders often own a large chunk of younger, smaller, companies while huge companies tend Read More...