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AR3

Australian Rare Earths ASX:AR3 Stock Report

Last Price

AU$0.43

Market Cap

AU$49.4m

7D

-5.5%

1Y

n/a

Updated

23 May, 2022

Data

Company Financials
AR3 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

AR3 Stock Overview

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

Australian Rare Earths Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Australian Rare Earths
Historical stock prices
Current Share PriceAU$0.43
52 Week HighAU$1.35
52 Week LowAU$0.40
Beta0
1 Month Change-39.01%
3 Month Change-46.58%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-21.82%

Recent News & Updates

Apr 08
We're Hopeful That Australian Rare Earths (ASX:AR3) Will Use Its Cash Wisely

We're Hopeful That Australian Rare Earths (ASX:AR3) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Shareholder Returns

AR3AU Metals and MiningAU Market
7D-5.5%4.9%1.1%
1Yn/a5.2%1.5%

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 Average Weekly Movement8.7%
Metals and Mining Industry Average Movement11.1%
Market Average Movement9.5%
10% most volatile stocks in AU Market16.5%
10% least volatile stocks in AU Market4.3%

Stable Share Price: AR3 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: AR3's weekly volatility (9%) has been stable 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$49.41m
Earnings (TTM)-AU$3.95m
Revenue (TTM)n/a

0.0x

P/S Ratio

-12.1x

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
Other ExpensesAU$3.95m
Earnings-AU$3.95m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.036
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did AR3 perform over the long term?

See historical performance and comparison
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-7.0%

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?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-1,224.8%

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 (57.8%).


Return on Equity

High ROE: AR3 has a negative Return on Equity (-36.33%), as it is currently unprofitable.


Financial Health

How is Australian Rare Earths's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: AR3's short term assets (A$8.9M) exceed its short term liabilities (A$581.8K).

Long Term Liabilities: AR3's short term assets (A$8.9M) exceed its long term liabilities (A$42.3K).


Debt to Equity History and Analysis

Debt Level: AR3 is debt free.

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


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: AR3 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: AR3 has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 122.3% each year.


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AR3 has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.5yrs

Average management tenure


CEO

Don Hyma

0.58

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...


Leadership Team

Experienced Management: AR3's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: AR3's board of directors are not considered experienced ( 1.4 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
  • Implied Market Cap: AU$49.406m
  • Shares outstanding: 111.02m
  • 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 Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2021/12/31
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.