Australian Rare Earths Limited engages in the exploration and development of rare earths mineral resource opportunities in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.84|
|52 Week High||AU$0.40|
|52 Week Low||AU$1.35|
|1 Month Change||-14.65%|
|3 Month Change||23.36%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||53.64%|
Recent News & Updates
|AR3||AU Metals and Mining||AU Market|
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.
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
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
|AR3 fundamental statistics|
Is AR3 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AR3 income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0053|
|Net Profit Margin||0.00%|
How did AR3 perform over the long term?See historical performance and comparison
Is Australian Rare Earths undervalued compared to its fair value and its price relative to the market?
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).
How is Australian Rare Earths forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Australian Rare Earths performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board 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...
Experienced Board: AR3's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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
Dilution of Shares: AR3 only recently listed within the past 12 months.
Australian Rare Earths Limited's employee growth, exchange listings and data sources
- 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
- Australian Rare Earths Limited
- 111 Gawler Place
- Level 10
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:22|
|End of Day Share Price||2021/10/21 00:00|
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.