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AR3

Australian Rare EarthsASX:AR3 Stock Report

Market Cap

AU$93.5m

7D

-7.7%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials
AR3 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

AR3 Overview

Australian Rare Earths Limited engages in the exploration and development of rare earths mineral resource opportunities in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Australian Rare Earths
Historical stock prices
Current Share PriceAU$0.84
52 Week HighAU$0.40
52 Week LowAU$1.35
Beta0
1 Month Change-14.65%
3 Month Change23.36%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO53.64%

Recent News & Updates

Shareholder Returns

AR3AU Metals and MiningAU Market
7D-7.7%-0.3%0.7%
1Yn/a12.5%21.4%

Return vs Industry: Insufficient data to determine how AR3 performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how AR3 performed against the Australian Market.

Price Volatility

Is AR3's price volatile compared to industry and market?
AR3 volatility
AR3 Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: AR3 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: Insufficient data to determine AR3's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2019n/aDon Hymahttps://www.ar3.com.au

Australian Rare Earths Limited engages in the exploration and development of rare earths mineral resource opportunities in Australia. Its flagship project is the Koppamurra project located in South Australia and Victoria. The company was formerly known as Tawel Exploration Pty Ltd and changed its name to Australian Rare Earths Limited in March 2021.

Australian Rare Earths Fundamentals Summary

How do Australian Rare Earths's earnings and revenue compare to its market cap?
AR3 fundamental statistics
Market CapAU$93.52m
Earnings (TTM)-AU$586.76k
Revenue (TTM)n/a

0x

P/S Ratio

-159.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AR3 income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$586.76k
Earnings-AU$586.76k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0053
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did AR3 perform over the long term?

See historical performance and comparison

Valuation

Is Australian Rare Earths undervalued compared to its fair value and its price relative to the market?

7.81x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AR3's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AR3's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AR3 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: AR3 is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AR3's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AR3 is overvalued based on its PB Ratio (7.8x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Australian Rare Earths forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Australian Rare Earths has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Australian Rare Earths performed over the past 5 years?

-12,864.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: AR3 is currently unprofitable.

Growing Profit Margin: AR3 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if AR3's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare AR3's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AR3 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: AR3 has a negative Return on Equity (-4.9%), as it is currently unprofitable.


Financial Health

How is Australian Rare Earths's financial position?


Financial Position Analysis

Short Term Liabilities: AR3's short term assets (A$12.2M) exceed its short term liabilities (A$1.2M).

Long Term Liabilities: AR3 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AR3 is debt free.

Reducing Debt: AR3 has not had any debt for past 5 years.

Debt Coverage: AR3 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AR3 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Australian Rare Earths's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AR3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AR3's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AR3's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AR3's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AR3's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average board tenure


CEO

Don Hyma

no data

Tenure

Mr. Donald Bruce Hyma also known as Don, BSc, MSc, PEng, IED, is Board Advisor at Caravel Minerals Limited since 2021. He served as Director of Projects at Fortescue Metals Group Limited since October 2019...


Board Members

Experienced Board: AR3's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: AR3 only recently listed within the past 12 months.


Top Shareholders

Company Information

Australian Rare Earths Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Australian Rare Earths Limited
  • Ticker: AR3
  • Exchange: ASX
  • Founded: 2019
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$93.525m
  • Shares outstanding: 110.68m
  • Website: https://www.ar3.com.au

Location

  • Australian Rare Earths Limited
  • 111 Gawler Place
  • Level 10
  • Adelaide
  • South Australia
  • 5000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:22
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.