American Rare Earths (ARR) Stock Overview

Explores and develops mineral resources in the United States. More details

ARR fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$-18K)

Currently unprofitable and not forecast to become profitable over the next 3 years

ARR Community Fair Values

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American Rare Earths Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for American Rare Earths
Historical stock prices
Current Share Price	AU$0.36
52 Week High	AU$0.84
52 Week Low	AU$0.23
Beta	0.95
1 Month Change	0%
3 Month Change	1.39%
1 Year Change	32.73%
3 Year Change	143.33%
5 Year Change	310.11%
Change since IPO	108.57%

Recent updates

Analysis Article • May 15

American Rare Earths (ASX:ARR) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Analysis Article • Feb 08

We're Not Very Worried About American Rare Earths' (ASX:ARR) Cash Burn Rate

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

Analysis Article • Oct 01

Here's Why We're Not Too Worried About American Rare Earths' (ASX:ARR) Cash Burn Situation

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

Analysis Article • Jan 25

We're Not Very Worried About American Rare Earths' (ASX:ARR) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Analysis Article • Oct 07

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

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

Analysis Article • Jun 20

We're Not Very Worried About American Rare Earths' (ASX:ARR) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, although...

Analysis Article • Mar 07

Here's Why We're Not Too Worried About American Rare Earths' (ASX:ARR) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

	ARR	AU Metals and Mining	AU Market
7D	-8.8%	2.4%	1.1%
1Y	32.7%	56.3%	1.2%

Return vs Industry: ARR underperformed the Australian Metals and Mining industry which returned 56.3% over the past year.

Return vs Market: ARR exceeded the Australian Market which returned 1.2% over the past year.

Price Volatility

Is ARR's price volatile compared to industry and market?
ARR volatility
ARR Average Weekly Movement	10.8%
Metals and Mining Industry Average Movement	12.1%
Market Average Movement	10.2%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	4.1%

Stable Share Price: ARR has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: ARR's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1986	6	Mark Wall	americanrareearths.com.au

American Rare Earths Limited, together with its subsidiaries, explores and develops mineral resources in the United States. The company explores for rare earth, lanthanum, cerium, neodymium, praseodymium, terbium, dysprosium, thorium, uranium, and scandium deposits. Its flagship property is the 100% owned Halleck Creek project, which covers an area of approximately 3,304 hectares located in Wyoming, the United States.

American Rare Earths Limited Fundamentals Summary

How do American Rare Earths's earnings and revenue compare to its market cap?
ARR fundamental statistics
Market cap	AU$221.22m
Earnings (TTM)	-AU$5.74m
Revenue (TTM)	n/a

9,999x

P/S Ratio

-36.5x

P/E Ratio

Is ARR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARR income statement (TTM)
Revenue	-AU$17.91k
Cost of Revenue	AU$0
Gross Profit	-AU$17.91k
Other Expenses	AU$5.73m
Earnings	-AU$5.74m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	-0.01
Gross Margin	100.00%
Net Profit Margin	32,078.81%
Debt/Equity Ratio	0%

How did ARR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/05 15:12
End of Day Share Price	2026/06/05 00:00
Earnings	2025/12/31
Annual Earnings	2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

American Rare Earths Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Regan Burrows	Bell Potter
Todd Lewis	Bell Potter

American Rare Earths (ARR) Stock Overview

Risk Analysis

American Rare Earths Limited Competitors

Havilah Resources

Lake Resources

Syrah Resources

Resolution Minerals

Price History & Performance

Recent News & Updates

American Rare Earths Appoints New Auditor and Targets Nasdaq Listing by 2026

American Rare Earths (ASX:ARR) Is In A Good Position To Deliver On Growth Plans

American Rare Earths Awards Whole of Property Development Assessment for Halleck Creek

American Rare Earths Accelerates Pilot Plant to Produce Pre-Production Concentrate

American Rare Earths Commences Target Review for Gold, Silver, Copper and Manganese At La Paz Project

New minor risk - Share price stability

Recent updates

American Rare Earths Appoints New Auditor and Targets Nasdaq Listing by 2026

American Rare Earths (ASX:ARR) Is In A Good Position To Deliver On Growth Plans

American Rare Earths Awards Whole of Property Development Assessment for Halleck Creek

American Rare Earths Accelerates Pilot Plant to Produce Pre-Production Concentrate

American Rare Earths Commences Target Review for Gold, Silver, Copper and Manganese At La Paz Project

New minor risk - Share price stability

American Rare Earths Limited Consolidates President and CEO Roles Under Mark Wall, Effective March 2, 2026

American Rare Earths Limited Completes Another Critical Stage in its Mineral Processing Program by Producing A Mixed Rare Earths Oxide Using the Updated Preliminary PFS Mineral Processing Flowsheet

American Rare Earths Appoints Mark Wall as Chief Executive Officer, Effective January 5, 2026

American Rare Earths Announces Strong Initial Beneficiation Optimization Results and Updated Preliminary Mineral Processing Flowsheet

American Rare Earths Limited Announces Board Changes, Effective October 28, 2025

New minor risk - Shareholder dilution

American Rare Earths Limited Announces Successful Completion of Impurity Removal Neutralization Tests

American Rare Earths Through Its Subsidiary Wyoming Rare (USA) Inc. Comminution Optimization Tests Underway

New minor risk - Financial data availability

American Rare Earths Limited Announces Test Mining Commences to Extract Feedstock for Demonstration Plant At the Cowboy State Mine

Insider recently sold AU$1.3m worth of stock

American Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 15 million.

American Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 15 million.

American Rare Earths Limited Provides an Update on Project Activities At Cowboy State Mine, Part of the Halleck Creek Rare Earths Project in Wyoming

New minor risk - Share price stability

American Rare Earths Limited Announces the Results of an Extensive Leach Testing Program Completed on Cowboy State Mine Ore, Part of the Halleck Creek Rare Earths Project in Wyoming USA

American Rare Earths Limited Channel Sampling Program Highlights Treo Grades Up to 13,651ppm

American Rare Earths Limited Appoints Megan McPherson as Chief Financial Officer, Effective May 5, 2025

American Rare Earths Announces the Successful Completion of Large-Scale Metallurgical Test Work at its Halleck Creek Rare Earths Project in Wyoming, USA

We're Not Very Worried About American Rare Earths' (ASX:ARR) Cash Burn Rate

American Rare Earths and Wyoming Rare (USA) Inc. Announces Major Milestone Resource Update for the Halleck Creek Rare Earth Project in Wyoming

CEO & Executive Director exercised options to buy AU$89k worth of stock.

Deputy Chairman recently sold AU$218k worth of stock

American Rare Earths Reports Highest Grades to Date at Cowboy State Mine, Halleck Creek Project

Non-Executive Director exercised options to buy AU$540k worth of stock.

Deputy Chairman exercised options to buy AU$240k worth of stock.

American Rare Earths Limited Announces the Successful Completion of the Extended 2024 Drilling Program at its Halleck Creek Rare Earths Project in Albany County, Wyoming

American Rare Earths Drilling Results Confirm Higher Grade Extending to the West Cowboy State Mine Area

Here's Why We're Not Too Worried About American Rare Earths' (ASX:ARR) Cash Burn Situation

American Rare Earths Limited Appoints Chris Gibbs as Executive Director

American Rare Earths Limited Announces Outstanding Drill Results At the Cowboy State Mine Area for Wyoming Rare (USA) Inc

American Rare Earths Limited Announces Resignation of John Mansanti as Non-Executive Director, Effective 31 August 2024

American Rare Earths Limited Announces 2024 Drilling Completed in Cowboy State Mine Area

American Rare Earths Limited Announces Chief Executive Officer Changes

American Rare Earths Limited 2024 Drilling Commences in Cowboy State Mine Area

American Rare Earths to Receive AUD 10.7 Million of Grant Funding from State of Wyoming

American Rare Earths Ltd. Announces Upcoming Exploration Drilling at the Halleck Creek Project

American Rare Earths Announces Zircon Co-Product Potential

Non-Executive Director recently sold AU$319k worth of stock

Non-Executive Director recently sold AU$245k worth of stock

American Rare Earths Announces Results from A Metallurgical Study on Leaching Extraction of REE from Halleck Creek Ore by Low Temperature, Direct Acid Leaching

American Rare Earths' Assay Results Expand Rare Earth Enrichment Within the Cowboy State Mine Area at Halleck Creek, Wyoming

New minor risk - Shareholder dilution

American Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 13.5 million.

American Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 13.5 million.

New major risk - Share price stability

We're Not Very Worried About American Rare Earths' (ASX:ARR) Cash Burn Rate

American Rare Earths Limited Announces Results from Drilling Program at Halleck Creek

American Rare Earths Limited Announces Executive Changes

American Rare Earths Limited Withdraws Resolution of Re-Election of Director - Francis Creagh O'connor

American Rare Earths Limited, Annual General Meeting, Nov 16, 2023

New minor risk - Share price stability

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

American Rare Earths Limited Announces an Update on Autumn Exploration Drilling and Completion of Significant Mapping and Sampling Work At Halleck Creek

American Rare Earths Limited Announces US Management Changes

New minor risk - Financial data availability

American Rare Earths to Commence Drilling at Halleck Creek

New minor risk - Financial data availability