This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsPeak Rare Earths (PEK) 주식 개요피크 희토류 유한회사는 광물 라이선스의 탐사 및 평가에 관여합니다. 자세히 보기PEK 펀더멘털 분석스노우플레이크 점수가치 평가1/6미래 성장0/6과거 실적0/6재무 건전성4/6배당0/6위험 분석수익이 USD$1m 미만입니다(A$690K)지난 1년 동안 주주가 크게 희석되었습니다.cash runway 경력이 1년 미만입니다.지난 5년간 매년 수익이 25.3% 감소했습니다.+ 위험 1건 추가모든 위험 점검 보기PEK Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.447.8k% 고평가 내재 할인율Est. Revenue$PastFuture-29m8m2016201920222025202620282031Revenue AU$5.6mEarnings AU$739.0kAdvancedSet Fair ValueView all narrativesPeak Rare Earths Limited 경쟁사OM HoldingsSymbol: ASX:OMHMarket cap: AU$168.2mBroken Hill MinesSymbol: ASX:BHMMarket cap: AU$202.8mCentaurus MetalsSymbol: ASX:CTMMarket cap: AU$289.0mEcoGrafSymbol: ASX:EGRMarket cap: AU$138.5m가격 이력 및 성과Peak Rare Earths 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$0.4452주 최고가AU$0.4452주 최저가AU$0.09베타1.921개월 변동29.41%3개월 변동51.72%1년 변동131.58%3년 변동0%5년 변동46.67%IPO 이후 변동-78.54%최근 뉴스 및 업데이트공시 • Sep 16General Innovation Capital, LLC cancelled the acquisition of Peak Rare Earths Limited (ASX:PEK) for approximately AUD 240 million.General Innovation Capital, LLC signed a letter of intent to acquire Peak Rare Earths Limited (ASX:PEK) for approximately AUD 240 million on September 14, 2025. A cash consideration of AUD 240 million valued at AUD 0.545 per share will be paid by General Innovation Capital, LLC. As part of consideration, AUD 240 million is paid towards common equity of Peak Rare Earths Limited. The Peak Independent Board Committee3 has carefully assessed the Letter of Intent, with the assistance of its financial and legal advisers, as required by the terms. The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by target shareholders and consummation of due diligence investigation. General Innovation Capital, LLC cancelled the acquisition of Peak Rare Earths Limited (ASX:PEK) on September 16, 2025.New Risk • May 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 53% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (53% average weekly change). Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$114.4m market cap, or US$73.3m).공시 • May 15+ 1 more updatePeak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.55 million.Peak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.55 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,381,944 Price\Range: AUD 0.288 Transaction Features: Subsequent Direct ListingPrice Target Changed • Mar 05Price target decreased by 57% to AU$0.65Down from AU$1.50, the current price target is provided by 1 analyst. New target price is 519% above last closing price of AU$0.10. Stock is down 46% over the past year. The company posted a net loss per share of AU$0.065 last year.New Risk • Mar 04New major risk - Revenue and earnings growthEarnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$37.0m market cap, or US$23.1m).New Risk • Feb 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$42.3m market cap, or US$26.8m).더 많은 업데이트 보기Recent updates공시 • Sep 16General Innovation Capital, LLC cancelled the acquisition of Peak Rare Earths Limited (ASX:PEK) for approximately AUD 240 million.General Innovation Capital, LLC signed a letter of intent to acquire Peak Rare Earths Limited (ASX:PEK) for approximately AUD 240 million on September 14, 2025. A cash consideration of AUD 240 million valued at AUD 0.545 per share will be paid by General Innovation Capital, LLC. As part of consideration, AUD 240 million is paid towards common equity of Peak Rare Earths Limited. The Peak Independent Board Committee3 has carefully assessed the Letter of Intent, with the assistance of its financial and legal advisers, as required by the terms. The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by target shareholders and consummation of due diligence investigation. General Innovation Capital, LLC cancelled the acquisition of Peak Rare Earths Limited (ASX:PEK) on September 16, 2025.New Risk • May 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 53% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (53% average weekly change). Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$114.4m market cap, or US$73.3m).공시 • May 15+ 1 more updatePeak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.55 million.Peak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.55 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,381,944 Price\Range: AUD 0.288 Transaction Features: Subsequent Direct ListingPrice Target Changed • Mar 05Price target decreased by 57% to AU$0.65Down from AU$1.50, the current price target is provided by 1 analyst. New target price is 519% above last closing price of AU$0.10. Stock is down 46% over the past year. The company posted a net loss per share of AU$0.065 last year.New Risk • Mar 04New major risk - Revenue and earnings growthEarnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$37.0m market cap, or US$23.1m).New Risk • Feb 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$42.3m market cap, or US$26.8m).New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (AU$40.9m market cap, or US$25.9m).New Risk • Jan 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$6.0m net loss in 2 years). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (AU$51.9m market cap, or US$32.6m).공시 • Jan 17Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 6.496878 million.Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 6.496878 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,964,598 Price\Range: AUD 0.1 Discount Per Security: AUD 0.006 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,060,528 Price\Range: AUD 0.1 Discount Per Security: AUD 0.006 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,968,784 Price\Range: AUD 0.1 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,974,874 Price\Range: AUD 0.1 Discount Per Security: AUD 0.006 Transaction Features: Subsequent Direct Listing공시 • Dec 24Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 0.2745 million.Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 0.2745 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,490,000 Price\Range: AUD 0.05New Risk • Nov 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$6.0m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (AU$33.7m market cap, or US$22.1m).New Risk • Nov 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$6.0m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$30.6m market cap, or US$20.3m).공시 • Nov 05+ 1 more updatePeak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 6.496879 million.Peak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 6.496879 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,964,598 Price\Range: AUD 0.1 Discount Per Security: AUD 0.006 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,035,402 Price\Range: AUD 0.1 Discount Per Security: AUD 0.006 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,968,789 Price\Range: AUD 0.1 Transaction Features: Subsequent Direct Listing공시 • Oct 10Peak Rare Earths Limited, Annual General Meeting, Nov 29, 2024Peak Rare Earths Limited, Annual General Meeting, Nov 29, 2024.Price Target Changed • Aug 02Price target increased by 51% to AU$1.50Up from AU$0.99, the current price target is an average from 2 analysts. New target price is 580% above last closing price of AU$0.22. Stock is down 56% over the past year. The company is forecast to post a net loss per share of AU$0.02 next year compared to a net loss per share of AU$0.14 last year.분석 기사 • Jul 26Is Peak Rare Earths (ASX:PEK) 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...Breakeven Date Change • May 01No longer forecast to breakevenThe 2 analysts covering Peak Rare Earths no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$20.4m in 2026. New consensus forecast suggests the company will make a loss of AU$20.4m in 2026.New Risk • Apr 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$15m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$15m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (AU$63.8m market cap, or US$41.7m).New Risk • Mar 15New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$35m Forecast net loss in 2 years: AU$40k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$382k revenue, or US$251k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$40k net loss in 2 years). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (AU$54.5m market cap, or US$35.9m).분석 기사 • Feb 02Peak Rare Earths (ASX:PEK) Is In A Good Position To Deliver On Growth PlansThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...공시 • Oct 10Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2023Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2023. Agenda: To consider the election of Director.분석 기사 • Oct 06We're Hopeful That Peak Rare Earths (ASX:PEK) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, although...Breakeven Date Change • Sep 28Forecast to breakeven in 2025The analyst covering Peak Rare Earths expects the company to break even for the first time. New forecast suggests losses will reduce by 96% to 2024. The company is expected to make a profit of AU$598.7k in 2025. Average annual earnings growth of 144% is required to achieve expected profit on schedule.Recent Insider Transactions • Aug 26Non-Executive Director recently bought AU$122k worth of stockOn the 24th of August, Ian Chambers bought around 275k shares on-market at roughly AU$0.44 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$23k more in shares than they bought in the last 12 months.공시 • Jul 04Peak Rare Earths Limited Announces Board ChangesPeak Rare Earths Limited announced the appointment of Ms Hannah Badenach as a Non-Executive Director. Ms Badenach is an experienced executive and company director with more than 20 years of experience in resources, supply chain, business development, commodity trading and marketing in global markets across Africa, Europe, Asia, South America and the Middle East. Ms Badenach is currently Executive Director Metals & Mongolia for commodities trader Noble Resources Limited, where she has held strategic roles for the last 13 years. This includes managing several global ore and metals trading divisions and the establishment of Noble's Mongolian trading logistics and operations business. Ms Badenach has extensive experience in particular in Africa and China. She has built and run multiple metal supply chains across Africa (including Tanzania) and has an extensive network in China across sales and marketing. She has held previous directorships with Aspire Mining Limited and Xanadu Mines Limited. Ms Badenach holds a Bachelor of Arts/Law (HONS) from the University of Tasmania and is a graduate of the Australian Institute of Company Directors. In conjunction with the appointment of Ms Badenach, the Company also announced the resignation of Non-Executive Director Tony Pearson.Recent Insider Transactions • Jun 24Key Executive recently sold AU$146k worth of stockOn the 16th of June, Tony Pearson sold around 290k shares on-market at roughly AU$0.50 per share. This transaction amounted to 46% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Tony's only on-market trade for the last 12 months.공시 • Jun 05Peak Rare Earths Limited Announces Directorate ChangesPeak Rare Earths Limited announce the appointment of Mr. Nick Bowen as a Non-Executive Director. Mr. Bowen has extensive experience in the construction, development and operation of international mining projects. He has spent over 35 years with ASX-listed construction and contract mining companies operating in both Australia and overseas, including Africa. Previous roles include 12 years as Managing Director of Macmahon Holdings Limited, two years as Executive Global Head of Mining Services with Orica Limited and nine years as Managing Director of mining contractor Eltin Limited. Mr. Bowen has also held the head executive role at the Lubambe Copper Mine in Zambia and the Shishen Iron Ore Mine in South Africa. Mr. Bowen is a Life Member of the Western Australian Chamber of Minerals and Energy, Member of the Australian Institute of Mining and Energy and Fellow of the Australian Institute of Company Directors. He will complement the Peak Board and play an important role with his experience and skills aligned with Peak's plans to progress the Ngualla Rare Earth Project through a Final Investment Decision, funding, construction, commissioning and production. In conjunction with the appointment of Mr. Bowen, The Company also announces the resignation of Giles Stapleton as a Non-Executive Director.공시 • May 15Peak Rare Earths Limited, Annual General Meeting, Jun 15, 2023Peak Rare Earths Limited, Annual General Meeting, Jun 15, 2023, at 11:01 E. Australia Standard Time. Location: Harbour Marriott Hotel 30 Pitt Street Sydney New South Wales Australia Agenda: To consider ratification of issue of tranche 1 placement shares; to consider issue of tranche 2 placement shares to non-related parties; to consider issue of placement shares to shenghe; to consider issue of placement shares to dr russell scrimshaw; to consider issue of placement shares to mr ian chambers; to consider approval of employee incentive plan; to consider issue of performance rights to director ian chambers; and to consider other issues.분석 기사 • Dec 22We're Keeping An Eye On Peak Rare Earths' (ASX:PEK) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...Board Change • Dec 06Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Deputy Chairman Tony Pearson is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Abdullah Mwinyi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.공시 • Dec 01Peak Rare Earths Limited Appoints Shasha Lu as DirectorPeak Rare Earths Limited announced the appointment of Shasha Lu as Director. Date of appointment is November 30, 2022.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Abdullah Mwinyi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Nov 09Peak Rare Earths Limited Announces the Resignation of Giselle Collins as Non-Executive DirectorPeak Rare Earths Limited announced the resignation of Giselle Collins as a Non-Executive Director of the Company. The Board thanks Giselle for her valuable contribution and stewardship in her time as a Non-Executive Director and Chair of the Audit & Risk Committee and Chair of the Nomination & Remuneration Committee and wishes her every success in her roles and future endeavours.공시 • Oct 25Peak Rare Earths Limited Announces Completion of Ngualla Project BFS UpdatePeak Rare Earths Limited announced the completion of a Bankable Feasibility Study Update on the Ngualla Rare Earth Project. The BFS Update follows a Bankable Feasibility Study ("BFS") that was completed in April 2017. Both the BFS and BFS Update are backed by extensive pilot plant test work, detailed engineering design and cost studies and JORC 2012 Compliant Ore Reserves and Mineral Resources estimates. The BFS Update was commissioned in August 2021 to reflect a material improvement in the outlook for Neodymium-Praseodymium ("NdPr") Oxide prices, an expansion in production capacity, movements in capital expenditure and operating costs, optimization opportunities, a reduction in carbon footprint and the potential to further de-risk development. Initially the BFS Update was to cover both the Ngualla Project and the Teesside Refinery. However, following a decision to defer the selection of a refinery site until the completion of an independent study on the feasibility of an in-country Tanzanian rare earth refinery, the BFS Update on the Teesside Refinery has been put on hold. The BFS Update on a standalone Ngualla Project supports a technically robust project with an increased capacity and highly attractive economics and shareholder returns. · Bankable Feasibility Study Update supports a technically and economically robust standalone Ngualla Rare Earth Project. Under a recently announced staged integration and development approach: Ngualla Project to be initially developed on a standalone basis to produce a high-grade rare earth concentrate for export to third-party refiners; and Depending upon the outcome of an independent study into the feasibility of a Tanzanian refinery, the potential to develop further downstream processing in either Tanzania or at Peak's Teesside site in the United Kingdom; Reasons for adopting a staged development approach: Supports the Government of Tanzania's policy of maximising in-country processing and value addition where feasible; Substantially reduces upfront capital expenditure and funding requirements; Lowers commissioning and technical risks around the concurrent development of the Ngualla Project and a rare earth refinery; and Capitalises on growing offtake appetite for high-grade rare earth concentrate. · BFS Update follows a BFS completed in 2017 and reflects a 14% increase in annual production capacity and optimisations relating to reagents, flotation collectors, power plant, tailings storage and logistics. Post-tax NPV(8%, real) of USD 1,483 million (AUD 2,353 million) and an equity IRR of 37.3% based on Adamas rare earth pricing forecasts and USD 321 million upfront pre-production capital expenditure. Ore Reserves of 18.5Mt at 4.80% TREO comprising of 21.26% NdPr. An initial life-of-mine of 24 years based on Ore Reserves, with Ore Reserves accounting for less than 20% of the Mineral Resource of 214Mt at 2.15% TREO. Average annual concentrate production of 18ktpa (contained TREO) over the first 6 years and 16ktpa over the life of the project; Concentrate benefits from a high grade, high NdPr ratio and low levels of radionuclides (thorium & uranium) and acid consuming minerals. Front End Engineering and Design and cost optimisation studies to be completed ahead of a target Final Investment Decision by 31 May 2023.공시 • Oct 07Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2022Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2022. Agenda: To consider election of Directors.공시 • Aug 16Peak Rare Earths Limited Appoints Russell John Scrimshaw as DirectorPeak Rare Earths Limited announced the appointment of Russell John Scrimshaw as Director. Date of appointment is August 15, 2022.Board Change • Aug 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Chairman of the Board Tony Pearson is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Jul 11+ 1 more updatePeak Rare Earths Limited Announces the Step Down of Bardin Davis as Chief Executive OfficerPeak Rare Earths Limited announced the appointment of Mr. Russell Scrimshaw as Executive Chairman, effective 15 August 2022. With effect from Mr. Scrimshaw's appointment, Peak's existing Non-Executive Chairman Tony Pearson will continue as Deputy Chairman and Managing Director Bardin Davis will now assume the role of Chief Executive Officer, stepping down from the Board to focus on his executive duties.분석 기사 • Jul 08Companies Like Peak Rare Earths (ASX:PEK) Are In A Position To Invest In GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, although...Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Chairman of the Board Tony Pearson is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 18Peak Rare Earths Limited Ceases Rebecca Ellen Morgan as DirectorPeak Rare Earths Limited ceased Rebecca Ellen Morgan as Director. Date that director ceased to be director February 13, 2022. Date of last notice February 18, 2022.공시 • Feb 15Shenghe Resources (SINGAPORE) Pte. Ltd. agreed to acquire 19.95 stake in Peak Rare Earths Limited (ASX:PEK) from Appian Pinnacle Holdco Limited for AUD 39.24 million.Shenghe Resources (SINGAPORE) Pte. Ltd. agreed to acquire 19.95 stake in Peak Rare Earths Limited (ASX:PEK) from Appian Pinnacle Holdco Limited for AUD 39.24 million on February 11, 2022. Under the terms Shenghe Resources (SINGAPORE) Pte. Ltd. will acquire 39.6 million shares for AUD 0.99 per share. This transaction is at the shareholder level and will not impact the strategy, day-to-day operations, management or employees of Peak. Shenghe will not be entitled to, and Appian will no longer enjoy, Appian’s previous shareholder rights, which included director nomination rights, capital raising notifications and information and consultation rights. As a result, Rebecca Morgan, a nominee director of Appian, has resigned as a non-executive director of the Company.Board Change • Jan 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Chairman of the Board Tony Pearson is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Aug 08Peak Resources Limited announced that it expects to receive AUD 29.988 million in fundingPeak Resources Limited announced a private placement transaction for 333,200,000 ordinary fully paid shares at an issue price of AUD 0.09 per share for gross proceeds AUD 29,988,000 on August 6, 2021. The company will raise fund in two tranches. The company will issue 226,800,000 shares for gross proceeds AUD 20,412,000 in the first tranche on August 12, 2021 and of 106,400,000 shares for gross proceeds of AUD 9,576,000 in the second and final tranche on September 28, 2021. The tranche two requires shareholders approval. The transaction will include participation from institutional, sophisticated and professional investors. The transaction is expected to close on September 28, 2021.공시 • Mar 09Peak Resources Limited Announces Appointments to the BoardPeak Resources Limited announced that Giselle Collins and Rebecca Morgan have been appointed to the Board of Peak as Non-Executive Directors. Rebecca is a nominee of substantial shareholder, Appian Pinnacle Holdco Limited (Appian). Giselle is currently Chair of Larrakia Darwin Hotel. Rebecca is a geologist and mining engineer with 19 years of international resources industry experience working with major mining houses, consulting groups, and junior explorers globally, including Africa. She has experience across all sectors of the resource industry, including rare earth market research, project due diligence, independent reporting and mineral asset valuation.Executive Departure • Mar 03Independent Non-Executive Director has left the companyOn the 28th of February, Jonathan Heath Murray's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of December 2020, Jonathan Heath personally held 3.83m shares (AU$256k worth at the time). A total of 6 executives have left over the last 12 months.Recent Insider Transactions Derivative • Feb 02Independent Non-Executive Director exercised options to buy AU$240k worth of stock.On the 25th of January, Jonathan Heath Murray exercised options to buy 2m shares at a strike price of around AU$0.05, costing a total of AU$100k. This transaction amounted to 52% of their direct individual holding at the time of the trade. Since June 2020, Jonathan Heath's direct individual holding has increased from 2.64m shares to 3.83m. Company insiders have collectively bought AU$200k more than they sold, via options and on-market transactions, in the last 12 months.공시 • Dec 23Peak Resources Limited Elects Abdullah Mwinyi as DirectorPeak Resources Limited announced election of Abdullah Mwinyi as director.공시 • Dec 16Peak Resources Limited Announces Company Secretary ChangesPeak Resources Limited announced that Mr. Philip Rundell has been appointed as Company Secretary to the Company, effective 16 December 2020. Philip replaces Mr. Graeme Scott in these duties. Philip is a former Partner of a big 4 accounting firm and is now a sole practitioner Chartered Accountant specialising in providing company secretarial, compliance, accounting and reconstruction services.공시 • Dec 15Peak Resources Limited Announces CFO ChangesPeak Resources Limited announced that Mr. Philip Rundell has been appointed as Chief Financial Officer to the Company, effective 16 December 2020. Philip replaces Mr. Graeme Scott in these duties. Philip is a former Partner of a big 4 accounting firm and is now a sole practitioner Chartered Accountant specialising in providing company secretarial, compliance, accounting and reconstruction services.공시 • Dec 10Peak Resources Limited Appoints Bardin Davis as Managing DirectorPeak Resources Limited announced that incoming Managing Director, Bardin Davis, has commenced his executive duties. As announced on 21 October 2020, Bardin was appointed a Director of the Company on 20 October 2020 and had been expected to commence the role of Managing Director on 4 January 2021. The commencement of the executive duties has now been brought forward to 9 December 2020. He holds over 20 years of investment banking and corporate experience in the mining and energy sectors. Previous roles include the Head of the Resources & Energy Group Asia Pacific, Deputy Head of Corporates Asia Pacific and Head of Advisory Australia for HSBC and Head of Metals & Mining Asia for Macquarie Capital. Peak also advises that the employment of its Chief Executive Officer, Rocky Smith, has come to an end. As announced on 25 September 2020, the company's intention at the time was to bring Rocky's employment to an end on 30 October 2020. That ef ective date had been extended until 8 December 2020.공시 • Nov 10Peak Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million.Peak Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 26,562,500 Price\Range: AUD 0.032공시 • Nov 09Peak Resources Limited Appoints Abdullah Mwinyi as A Non-Executive DirectorPeak Resources Limited announced that Hon. Abdullah Mwinyi has agreed to join the board of Peak as a non-executive director. The Hon. Mr. Mwinyi is a member of the Tanzanian Parliament, having entered Parliament in 2007, and was also a Member of the East African Legislative Assembly (2007 - 2017), where he was Chair of the Legal, Privileges and Rules Committee and the Regional Affairs and Conflict Resolution Committee.공시 • Oct 29+ 1 more updatePeak Resources Limited Announces Executive ChangesPeak Resources Limited announced that Graeme Scott Company Secretary, will leave the company in January 2021. The Company intends to appoint Justin Grinceri as Company Secretary.공시 • Sep 26+ 1 more updatePeak Resources Limited announced that it has received AUD 4 million in fundingPeak Resources Limited (ASX: PEK) announced a private placement of 8,300,000 common shares at AUD 0.48 per share with one United States based institutional investor for gross proceeds of AUD 3,984,000 on February 16, 2012. The company will also issue three free options for every four shares applied for. The options are exercisable at AUD 0.55 per share on or before five years. Roth Capital Partners acted as lead manager to the placement. Shaw Corporate Finance Pty Ltd has acted as advisors to the company. On February 21, 2012, Peak Resources Limited closed the transaction. The company issued 8,333,334 shares at a price of AUD 0.48 to raise AUD 4,000,000. The company also issued 6,250,000 options, exercisable at AUD 0.55 on or before February 20, 2017. The company issued 541,667 options at an exercise price of AUD 0.75 to Roth Capital Partners for the transaction.공시 • Sep 20Peak Resources Limited Auditor Raises 'Going Concern' DoubtPeak Resources Limited filed its Annual on Sep 18, 2020 for the period ending Jun 30, 2020. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.공시 • Sep 17Peak Resources Limited Announces Management ChangesPeak Resources Limited announced that Mr. Peter Meurer, the Chairman of the Company, has given notice of his intention to retire, effective immediately. In addition, Mr. Rob Sennitt has also elected to stand down from his Non-executive Director role on the Board to focus on his other roles, including his ongoing role in Australia as Senior Adviser with Appian Capital Advisory LLP. The Board has resolved to appoint Tony Pearson to act as Interim Chair, effective immediately, and has established a committee (comprising Mr. Jonathan Murray and Mr. Tony Pearson, with executive management involvement in the process) to identify and assess suitable candidates for appointment as an independent non-executive director.주주 수익률PEKAU Metals and MiningAU 시장7D0%0.05%0.6%1Y131.6%60.9%3.3%전체 주주 수익률 보기수익률 대 산업: PEK은 지난 1년 동안 60.9%의 수익을 기록한 Australian Metals and Mining 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: PEK은 지난 1년 동안 3.3%를 기록한 Australian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is PEK's price volatile compared to industry and market?PEK volatilityPEK Average Weekly Movement8.7%Metals and Mining Industry Average Movement12.0%Market Average Movement10.2%10% most volatile stocks in AU Market17.4%10% least volatile stocks in AU Market4.0%안정적인 주가: PEK는 지난 3개월 동안 Australian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: PEK의 주간 변동성은 지난 1년간 28%에서 9%로 감소했습니다.회사 소개설립직원 수CEO웹사이트2005n/aBardin Davispeakrareearths.com피크 희토류 유한회사는 광물 라이선스 탐사 및 평가에 관여합니다. 이 회사는 희토류 매장지를 탐사합니다. 주요 자산은 탄자니아에 위치한 42% 소유의 응갈라 프로젝트입니다.더 보기Peak Rare Earths Limited 기초 지표 요약Peak Rare Earths의 순이익과 매출은 시가총액과 어떻게 비교됩니까?PEK 기초 통계시가총액AU$193.65m순이익 (TTM)-AU$12.27m매출 (TTM)AU$689.60k280.8x주가매출비율(P/S)-15.8x주가수익비율(P/E)PEK는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표PEK 손익계산서 (TTM)매출AU$689.60k매출원가AU$5.02m총이익-AU$4.33m기타 비용AU$7.94m순이익-AU$12.27m최근 보고된 실적Jun 30, 2025다음 실적 발표일해당 없음주당순이익(EPS)-0.028총이익률-627.26%순이익률-1,778.85%부채/자본 비율0%PEK의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/09/30 00:19종가2025/09/19 00:00수익2025/06/30연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Peak Rare Earths Limited는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Thomas PrendivilleCanaccord GenuityMichael BentleyMST Financial Services Pty LimitedVincent PisaniShaw and Partners Limited
공시 • Sep 16General Innovation Capital, LLC cancelled the acquisition of Peak Rare Earths Limited (ASX:PEK) for approximately AUD 240 million.General Innovation Capital, LLC signed a letter of intent to acquire Peak Rare Earths Limited (ASX:PEK) for approximately AUD 240 million on September 14, 2025. A cash consideration of AUD 240 million valued at AUD 0.545 per share will be paid by General Innovation Capital, LLC. As part of consideration, AUD 240 million is paid towards common equity of Peak Rare Earths Limited. The Peak Independent Board Committee3 has carefully assessed the Letter of Intent, with the assistance of its financial and legal advisers, as required by the terms. The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by target shareholders and consummation of due diligence investigation. General Innovation Capital, LLC cancelled the acquisition of Peak Rare Earths Limited (ASX:PEK) on September 16, 2025.
New Risk • May 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 53% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (53% average weekly change). Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$114.4m market cap, or US$73.3m).
공시 • May 15+ 1 more updatePeak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.55 million.Peak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.55 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,381,944 Price\Range: AUD 0.288 Transaction Features: Subsequent Direct Listing
Price Target Changed • Mar 05Price target decreased by 57% to AU$0.65Down from AU$1.50, the current price target is provided by 1 analyst. New target price is 519% above last closing price of AU$0.10. Stock is down 46% over the past year. The company posted a net loss per share of AU$0.065 last year.
New Risk • Mar 04New major risk - Revenue and earnings growthEarnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$37.0m market cap, or US$23.1m).
New Risk • Feb 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$42.3m market cap, or US$26.8m).
공시 • Sep 16General Innovation Capital, LLC cancelled the acquisition of Peak Rare Earths Limited (ASX:PEK) for approximately AUD 240 million.General Innovation Capital, LLC signed a letter of intent to acquire Peak Rare Earths Limited (ASX:PEK) for approximately AUD 240 million on September 14, 2025. A cash consideration of AUD 240 million valued at AUD 0.545 per share will be paid by General Innovation Capital, LLC. As part of consideration, AUD 240 million is paid towards common equity of Peak Rare Earths Limited. The Peak Independent Board Committee3 has carefully assessed the Letter of Intent, with the assistance of its financial and legal advisers, as required by the terms. The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by target shareholders and consummation of due diligence investigation. General Innovation Capital, LLC cancelled the acquisition of Peak Rare Earths Limited (ASX:PEK) on September 16, 2025.
New Risk • May 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 53% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (53% average weekly change). Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$114.4m market cap, or US$73.3m).
공시 • May 15+ 1 more updatePeak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.55 million.Peak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.55 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,381,944 Price\Range: AUD 0.288 Transaction Features: Subsequent Direct Listing
Price Target Changed • Mar 05Price target decreased by 57% to AU$0.65Down from AU$1.50, the current price target is provided by 1 analyst. New target price is 519% above last closing price of AU$0.10. Stock is down 46% over the past year. The company posted a net loss per share of AU$0.065 last year.
New Risk • Mar 04New major risk - Revenue and earnings growthEarnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$37.0m market cap, or US$23.1m).
New Risk • Feb 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$42.3m market cap, or US$26.8m).
New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (AU$40.9m market cap, or US$25.9m).
New Risk • Jan 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$6.0m net loss in 2 years). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (AU$51.9m market cap, or US$32.6m).
공시 • Jan 17Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 6.496878 million.Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 6.496878 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,964,598 Price\Range: AUD 0.1 Discount Per Security: AUD 0.006 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,060,528 Price\Range: AUD 0.1 Discount Per Security: AUD 0.006 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,968,784 Price\Range: AUD 0.1 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,974,874 Price\Range: AUD 0.1 Discount Per Security: AUD 0.006 Transaction Features: Subsequent Direct Listing
공시 • Dec 24Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 0.2745 million.Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 0.2745 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,490,000 Price\Range: AUD 0.05
New Risk • Nov 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$6.0m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (AU$33.7m market cap, or US$22.1m).
New Risk • Nov 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$6.0m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$30.6m market cap, or US$20.3m).
공시 • Nov 05+ 1 more updatePeak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 6.496879 million.Peak Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 6.496879 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,964,598 Price\Range: AUD 0.1 Discount Per Security: AUD 0.006 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,035,402 Price\Range: AUD 0.1 Discount Per Security: AUD 0.006 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,968,789 Price\Range: AUD 0.1 Transaction Features: Subsequent Direct Listing
공시 • Oct 10Peak Rare Earths Limited, Annual General Meeting, Nov 29, 2024Peak Rare Earths Limited, Annual General Meeting, Nov 29, 2024.
Price Target Changed • Aug 02Price target increased by 51% to AU$1.50Up from AU$0.99, the current price target is an average from 2 analysts. New target price is 580% above last closing price of AU$0.22. Stock is down 56% over the past year. The company is forecast to post a net loss per share of AU$0.02 next year compared to a net loss per share of AU$0.14 last year.
분석 기사 • Jul 26Is Peak Rare Earths (ASX:PEK) 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...
Breakeven Date Change • May 01No longer forecast to breakevenThe 2 analysts covering Peak Rare Earths no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$20.4m in 2026. New consensus forecast suggests the company will make a loss of AU$20.4m in 2026.
New Risk • Apr 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$15m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$15m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (AU$63.8m market cap, or US$41.7m).
New Risk • Mar 15New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$35m Forecast net loss in 2 years: AU$40k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$382k revenue, or US$251k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$40k net loss in 2 years). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (AU$54.5m market cap, or US$35.9m).
분석 기사 • Feb 02Peak Rare Earths (ASX:PEK) Is In A Good Position To Deliver On Growth PlansThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
공시 • Oct 10Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2023Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2023. Agenda: To consider the election of Director.
분석 기사 • Oct 06We're Hopeful That Peak Rare Earths (ASX:PEK) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, although...
Breakeven Date Change • Sep 28Forecast to breakeven in 2025The analyst covering Peak Rare Earths expects the company to break even for the first time. New forecast suggests losses will reduce by 96% to 2024. The company is expected to make a profit of AU$598.7k in 2025. Average annual earnings growth of 144% is required to achieve expected profit on schedule.
Recent Insider Transactions • Aug 26Non-Executive Director recently bought AU$122k worth of stockOn the 24th of August, Ian Chambers bought around 275k shares on-market at roughly AU$0.44 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$23k more in shares than they bought in the last 12 months.
공시 • Jul 04Peak Rare Earths Limited Announces Board ChangesPeak Rare Earths Limited announced the appointment of Ms Hannah Badenach as a Non-Executive Director. Ms Badenach is an experienced executive and company director with more than 20 years of experience in resources, supply chain, business development, commodity trading and marketing in global markets across Africa, Europe, Asia, South America and the Middle East. Ms Badenach is currently Executive Director Metals & Mongolia for commodities trader Noble Resources Limited, where she has held strategic roles for the last 13 years. This includes managing several global ore and metals trading divisions and the establishment of Noble's Mongolian trading logistics and operations business. Ms Badenach has extensive experience in particular in Africa and China. She has built and run multiple metal supply chains across Africa (including Tanzania) and has an extensive network in China across sales and marketing. She has held previous directorships with Aspire Mining Limited and Xanadu Mines Limited. Ms Badenach holds a Bachelor of Arts/Law (HONS) from the University of Tasmania and is a graduate of the Australian Institute of Company Directors. In conjunction with the appointment of Ms Badenach, the Company also announced the resignation of Non-Executive Director Tony Pearson.
Recent Insider Transactions • Jun 24Key Executive recently sold AU$146k worth of stockOn the 16th of June, Tony Pearson sold around 290k shares on-market at roughly AU$0.50 per share. This transaction amounted to 46% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Tony's only on-market trade for the last 12 months.
공시 • Jun 05Peak Rare Earths Limited Announces Directorate ChangesPeak Rare Earths Limited announce the appointment of Mr. Nick Bowen as a Non-Executive Director. Mr. Bowen has extensive experience in the construction, development and operation of international mining projects. He has spent over 35 years with ASX-listed construction and contract mining companies operating in both Australia and overseas, including Africa. Previous roles include 12 years as Managing Director of Macmahon Holdings Limited, two years as Executive Global Head of Mining Services with Orica Limited and nine years as Managing Director of mining contractor Eltin Limited. Mr. Bowen has also held the head executive role at the Lubambe Copper Mine in Zambia and the Shishen Iron Ore Mine in South Africa. Mr. Bowen is a Life Member of the Western Australian Chamber of Minerals and Energy, Member of the Australian Institute of Mining and Energy and Fellow of the Australian Institute of Company Directors. He will complement the Peak Board and play an important role with his experience and skills aligned with Peak's plans to progress the Ngualla Rare Earth Project through a Final Investment Decision, funding, construction, commissioning and production. In conjunction with the appointment of Mr. Bowen, The Company also announces the resignation of Giles Stapleton as a Non-Executive Director.
공시 • May 15Peak Rare Earths Limited, Annual General Meeting, Jun 15, 2023Peak Rare Earths Limited, Annual General Meeting, Jun 15, 2023, at 11:01 E. Australia Standard Time. Location: Harbour Marriott Hotel 30 Pitt Street Sydney New South Wales Australia Agenda: To consider ratification of issue of tranche 1 placement shares; to consider issue of tranche 2 placement shares to non-related parties; to consider issue of placement shares to shenghe; to consider issue of placement shares to dr russell scrimshaw; to consider issue of placement shares to mr ian chambers; to consider approval of employee incentive plan; to consider issue of performance rights to director ian chambers; and to consider other issues.
분석 기사 • Dec 22We're Keeping An Eye On Peak Rare Earths' (ASX:PEK) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Board Change • Dec 06Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Deputy Chairman Tony Pearson is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Abdullah Mwinyi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
공시 • Dec 01Peak Rare Earths Limited Appoints Shasha Lu as DirectorPeak Rare Earths Limited announced the appointment of Shasha Lu as Director. Date of appointment is November 30, 2022.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Abdullah Mwinyi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Nov 09Peak Rare Earths Limited Announces the Resignation of Giselle Collins as Non-Executive DirectorPeak Rare Earths Limited announced the resignation of Giselle Collins as a Non-Executive Director of the Company. The Board thanks Giselle for her valuable contribution and stewardship in her time as a Non-Executive Director and Chair of the Audit & Risk Committee and Chair of the Nomination & Remuneration Committee and wishes her every success in her roles and future endeavours.
공시 • Oct 25Peak Rare Earths Limited Announces Completion of Ngualla Project BFS UpdatePeak Rare Earths Limited announced the completion of a Bankable Feasibility Study Update on the Ngualla Rare Earth Project. The BFS Update follows a Bankable Feasibility Study ("BFS") that was completed in April 2017. Both the BFS and BFS Update are backed by extensive pilot plant test work, detailed engineering design and cost studies and JORC 2012 Compliant Ore Reserves and Mineral Resources estimates. The BFS Update was commissioned in August 2021 to reflect a material improvement in the outlook for Neodymium-Praseodymium ("NdPr") Oxide prices, an expansion in production capacity, movements in capital expenditure and operating costs, optimization opportunities, a reduction in carbon footprint and the potential to further de-risk development. Initially the BFS Update was to cover both the Ngualla Project and the Teesside Refinery. However, following a decision to defer the selection of a refinery site until the completion of an independent study on the feasibility of an in-country Tanzanian rare earth refinery, the BFS Update on the Teesside Refinery has been put on hold. The BFS Update on a standalone Ngualla Project supports a technically robust project with an increased capacity and highly attractive economics and shareholder returns. · Bankable Feasibility Study Update supports a technically and economically robust standalone Ngualla Rare Earth Project. Under a recently announced staged integration and development approach: Ngualla Project to be initially developed on a standalone basis to produce a high-grade rare earth concentrate for export to third-party refiners; and Depending upon the outcome of an independent study into the feasibility of a Tanzanian refinery, the potential to develop further downstream processing in either Tanzania or at Peak's Teesside site in the United Kingdom; Reasons for adopting a staged development approach: Supports the Government of Tanzania's policy of maximising in-country processing and value addition where feasible; Substantially reduces upfront capital expenditure and funding requirements; Lowers commissioning and technical risks around the concurrent development of the Ngualla Project and a rare earth refinery; and Capitalises on growing offtake appetite for high-grade rare earth concentrate. · BFS Update follows a BFS completed in 2017 and reflects a 14% increase in annual production capacity and optimisations relating to reagents, flotation collectors, power plant, tailings storage and logistics. Post-tax NPV(8%, real) of USD 1,483 million (AUD 2,353 million) and an equity IRR of 37.3% based on Adamas rare earth pricing forecasts and USD 321 million upfront pre-production capital expenditure. Ore Reserves of 18.5Mt at 4.80% TREO comprising of 21.26% NdPr. An initial life-of-mine of 24 years based on Ore Reserves, with Ore Reserves accounting for less than 20% of the Mineral Resource of 214Mt at 2.15% TREO. Average annual concentrate production of 18ktpa (contained TREO) over the first 6 years and 16ktpa over the life of the project; Concentrate benefits from a high grade, high NdPr ratio and low levels of radionuclides (thorium & uranium) and acid consuming minerals. Front End Engineering and Design and cost optimisation studies to be completed ahead of a target Final Investment Decision by 31 May 2023.
공시 • Oct 07Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2022Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2022. Agenda: To consider election of Directors.
공시 • Aug 16Peak Rare Earths Limited Appoints Russell John Scrimshaw as DirectorPeak Rare Earths Limited announced the appointment of Russell John Scrimshaw as Director. Date of appointment is August 15, 2022.
Board Change • Aug 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Chairman of the Board Tony Pearson is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Jul 11+ 1 more updatePeak Rare Earths Limited Announces the Step Down of Bardin Davis as Chief Executive OfficerPeak Rare Earths Limited announced the appointment of Mr. Russell Scrimshaw as Executive Chairman, effective 15 August 2022. With effect from Mr. Scrimshaw's appointment, Peak's existing Non-Executive Chairman Tony Pearson will continue as Deputy Chairman and Managing Director Bardin Davis will now assume the role of Chief Executive Officer, stepping down from the Board to focus on his executive duties.
분석 기사 • Jul 08Companies Like Peak Rare Earths (ASX:PEK) Are In A Position To Invest In GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, although...
Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Chairman of the Board Tony Pearson is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 18Peak Rare Earths Limited Ceases Rebecca Ellen Morgan as DirectorPeak Rare Earths Limited ceased Rebecca Ellen Morgan as Director. Date that director ceased to be director February 13, 2022. Date of last notice February 18, 2022.
공시 • Feb 15Shenghe Resources (SINGAPORE) Pte. Ltd. agreed to acquire 19.95 stake in Peak Rare Earths Limited (ASX:PEK) from Appian Pinnacle Holdco Limited for AUD 39.24 million.Shenghe Resources (SINGAPORE) Pte. Ltd. agreed to acquire 19.95 stake in Peak Rare Earths Limited (ASX:PEK) from Appian Pinnacle Holdco Limited for AUD 39.24 million on February 11, 2022. Under the terms Shenghe Resources (SINGAPORE) Pte. Ltd. will acquire 39.6 million shares for AUD 0.99 per share. This transaction is at the shareholder level and will not impact the strategy, day-to-day operations, management or employees of Peak. Shenghe will not be entitled to, and Appian will no longer enjoy, Appian’s previous shareholder rights, which included director nomination rights, capital raising notifications and information and consultation rights. As a result, Rebecca Morgan, a nominee director of Appian, has resigned as a non-executive director of the Company.
Board Change • Jan 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Chairman of the Board Tony Pearson is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Aug 08Peak Resources Limited announced that it expects to receive AUD 29.988 million in fundingPeak Resources Limited announced a private placement transaction for 333,200,000 ordinary fully paid shares at an issue price of AUD 0.09 per share for gross proceeds AUD 29,988,000 on August 6, 2021. The company will raise fund in two tranches. The company will issue 226,800,000 shares for gross proceeds AUD 20,412,000 in the first tranche on August 12, 2021 and of 106,400,000 shares for gross proceeds of AUD 9,576,000 in the second and final tranche on September 28, 2021. The tranche two requires shareholders approval. The transaction will include participation from institutional, sophisticated and professional investors. The transaction is expected to close on September 28, 2021.
공시 • Mar 09Peak Resources Limited Announces Appointments to the BoardPeak Resources Limited announced that Giselle Collins and Rebecca Morgan have been appointed to the Board of Peak as Non-Executive Directors. Rebecca is a nominee of substantial shareholder, Appian Pinnacle Holdco Limited (Appian). Giselle is currently Chair of Larrakia Darwin Hotel. Rebecca is a geologist and mining engineer with 19 years of international resources industry experience working with major mining houses, consulting groups, and junior explorers globally, including Africa. She has experience across all sectors of the resource industry, including rare earth market research, project due diligence, independent reporting and mineral asset valuation.
Executive Departure • Mar 03Independent Non-Executive Director has left the companyOn the 28th of February, Jonathan Heath Murray's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of December 2020, Jonathan Heath personally held 3.83m shares (AU$256k worth at the time). A total of 6 executives have left over the last 12 months.
Recent Insider Transactions Derivative • Feb 02Independent Non-Executive Director exercised options to buy AU$240k worth of stock.On the 25th of January, Jonathan Heath Murray exercised options to buy 2m shares at a strike price of around AU$0.05, costing a total of AU$100k. This transaction amounted to 52% of their direct individual holding at the time of the trade. Since June 2020, Jonathan Heath's direct individual holding has increased from 2.64m shares to 3.83m. Company insiders have collectively bought AU$200k more than they sold, via options and on-market transactions, in the last 12 months.
공시 • Dec 23Peak Resources Limited Elects Abdullah Mwinyi as DirectorPeak Resources Limited announced election of Abdullah Mwinyi as director.
공시 • Dec 16Peak Resources Limited Announces Company Secretary ChangesPeak Resources Limited announced that Mr. Philip Rundell has been appointed as Company Secretary to the Company, effective 16 December 2020. Philip replaces Mr. Graeme Scott in these duties. Philip is a former Partner of a big 4 accounting firm and is now a sole practitioner Chartered Accountant specialising in providing company secretarial, compliance, accounting and reconstruction services.
공시 • Dec 15Peak Resources Limited Announces CFO ChangesPeak Resources Limited announced that Mr. Philip Rundell has been appointed as Chief Financial Officer to the Company, effective 16 December 2020. Philip replaces Mr. Graeme Scott in these duties. Philip is a former Partner of a big 4 accounting firm and is now a sole practitioner Chartered Accountant specialising in providing company secretarial, compliance, accounting and reconstruction services.
공시 • Dec 10Peak Resources Limited Appoints Bardin Davis as Managing DirectorPeak Resources Limited announced that incoming Managing Director, Bardin Davis, has commenced his executive duties. As announced on 21 October 2020, Bardin was appointed a Director of the Company on 20 October 2020 and had been expected to commence the role of Managing Director on 4 January 2021. The commencement of the executive duties has now been brought forward to 9 December 2020. He holds over 20 years of investment banking and corporate experience in the mining and energy sectors. Previous roles include the Head of the Resources & Energy Group Asia Pacific, Deputy Head of Corporates Asia Pacific and Head of Advisory Australia for HSBC and Head of Metals & Mining Asia for Macquarie Capital. Peak also advises that the employment of its Chief Executive Officer, Rocky Smith, has come to an end. As announced on 25 September 2020, the company's intention at the time was to bring Rocky's employment to an end on 30 October 2020. That ef ective date had been extended until 8 December 2020.
공시 • Nov 10Peak Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million.Peak Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 26,562,500 Price\Range: AUD 0.032
공시 • Nov 09Peak Resources Limited Appoints Abdullah Mwinyi as A Non-Executive DirectorPeak Resources Limited announced that Hon. Abdullah Mwinyi has agreed to join the board of Peak as a non-executive director. The Hon. Mr. Mwinyi is a member of the Tanzanian Parliament, having entered Parliament in 2007, and was also a Member of the East African Legislative Assembly (2007 - 2017), where he was Chair of the Legal, Privileges and Rules Committee and the Regional Affairs and Conflict Resolution Committee.
공시 • Oct 29+ 1 more updatePeak Resources Limited Announces Executive ChangesPeak Resources Limited announced that Graeme Scott Company Secretary, will leave the company in January 2021. The Company intends to appoint Justin Grinceri as Company Secretary.
공시 • Sep 26+ 1 more updatePeak Resources Limited announced that it has received AUD 4 million in fundingPeak Resources Limited (ASX: PEK) announced a private placement of 8,300,000 common shares at AUD 0.48 per share with one United States based institutional investor for gross proceeds of AUD 3,984,000 on February 16, 2012. The company will also issue three free options for every four shares applied for. The options are exercisable at AUD 0.55 per share on or before five years. Roth Capital Partners acted as lead manager to the placement. Shaw Corporate Finance Pty Ltd has acted as advisors to the company. On February 21, 2012, Peak Resources Limited closed the transaction. The company issued 8,333,334 shares at a price of AUD 0.48 to raise AUD 4,000,000. The company also issued 6,250,000 options, exercisable at AUD 0.55 on or before February 20, 2017. The company issued 541,667 options at an exercise price of AUD 0.75 to Roth Capital Partners for the transaction.
공시 • Sep 20Peak Resources Limited Auditor Raises 'Going Concern' DoubtPeak Resources Limited filed its Annual on Sep 18, 2020 for the period ending Jun 30, 2020. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
공시 • Sep 17Peak Resources Limited Announces Management ChangesPeak Resources Limited announced that Mr. Peter Meurer, the Chairman of the Company, has given notice of his intention to retire, effective immediately. In addition, Mr. Rob Sennitt has also elected to stand down from his Non-executive Director role on the Board to focus on his other roles, including his ongoing role in Australia as Senior Adviser with Appian Capital Advisory LLP. The Board has resolved to appoint Tony Pearson to act as Interim Chair, effective immediately, and has established a committee (comprising Mr. Jonathan Murray and Mr. Tony Pearson, with executive management involvement in the process) to identify and assess suitable candidates for appointment as an independent non-executive director.
