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Ionic Rare Earths ASX:IXR Stock Report

Last Price

AU$0.011

Market Cap

AU$53.1m

7D

-8.3%

1Y

-56.0%

Updated

18 Jun, 2024

Data

Company Financials +

Ionic Rare Earths Limited

ASX:IXR Stock Report

Market Cap: AU$53.1m

IXR Stock Overview

Operates as a mineral exploration company.

IXR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Ionic Rare Earths Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ionic Rare Earths
Historical stock prices
Current Share PriceAU$0.011
52 Week HighAU$0.034
52 Week LowAU$0.01
Beta0.84
1 Month Change-15.38%
3 Month Change-38.89%
1 Year Change-56.00%
3 Year Change-52.17%
5 Year Change450.00%
Change since IPO-99.59%

Recent News & Updates

Recent updates

Here's Why We're Watching Ionic Rare Earths' (ASX:IXR) Cash Burn Situation

Jun 01
Here's Why We're Watching Ionic Rare Earths' (ASX:IXR) Cash Burn Situation

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

Feb 02
Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans

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

Oct 18
Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans

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

Jul 01
We're Hopeful That Ionic Rare Earths (ASX:IXR) Will Use Its Cash Wisely

Is Ionic Rare Earths (ASX:IXR) In A Good Position To Deliver On Growth Plans?

Mar 09
Is Ionic Rare Earths (ASX:IXR) In A Good Position To Deliver On Growth Plans?

Shareholder Returns

IXRAU Metals and MiningAU Market
7D-8.3%-6.2%-2.0%
1Y-56.0%-10.1%6.1%

Price Volatility

Is IXR's price volatile compared to industry and market?
IXR volatility
IXR Average Weekly Movement12.1%
Metals and Mining Industry Average Movement11.4%
Market Average Movement8.6%
10% most volatile stocks in AU Market16.1%
10% least volatile stocks in AU Market3.2%

About the Company

FoundedEmployeesCEOWebsite
199834Tim Harrisonionicre.com.au

Ionic Rare Earths Limited operates as a mineral exploration company. Its flagship project is the Makuutu rare earths project that comprises six licenses covering an area of approximately 300 square kilometers located in the eastern Uganda. The company was incorporated in 1998 and is based in Melbourne, Australia.

Ionic Rare Earths Limited Fundamentals Summary

How do Ionic Rare Earths's earnings and revenue compare to its market cap?
IXR fundamental statistics
Market capAU$53.14m
Earnings (TTM)-AU$19.15m
Revenue (TTM)AU$3.27m

16.3x

P/S Ratio

-2.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IXR income statement (TTM)
RevenueAU$3.27m
Cost of RevenueAU$0
Gross ProfitAU$3.27m
Other ExpensesAU$22.41m
Earnings-AU$19.15m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.004
Gross Margin100.00%
Net Profit Margin-586.14%
Debt/Equity Ratio0%

How did IXR perform over the long term?

See historical performance and comparison
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