IXR Stock Overview
Engages in the mining, refining, and recycling of magnet and heavy rare earth elements in Australia, Uganda, and United Kingdom. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
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Ionic Rare Earths Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.006 |
| 52 Week High | AU$0.028 |
| 52 Week Low | AU$0.005 |
| Beta | 0.84 |
| 1 Month Change | -33.33% |
| 3 Month Change | -25.00% |
| 1 Year Change | -72.73% |
| 3 Year Change | -86.05% |
| 5 Year Change | -25.00% |
| Change since IPO | -99.77% |
Recent News & Updates
Recent updates
Here's Why We're Watching Ionic Rare Earths' (ASX:IXR) Cash Burn Situation
Jun 01
Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans
Feb 02Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans
Oct 18We're Hopeful That Ionic Rare Earths (ASX:IXR) Will Use Its Cash Wisely
Jul 01Is Ionic Rare Earths (ASX:IXR) In A Good Position To Deliver On Growth Plans?
Mar 09Shareholder Returns
| IXR | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 0% | -5.2% | -2.7% |
| 1Y | -72.7% | -19.5% | 6.5% |
Return vs Industry: IXR underperformed the Australian Metals and Mining industry which returned -19.5% over the past year.
Return vs Market: IXR underperformed the Australian Market which returned 6.5% over the past year.
Price Volatility
| IXR volatility | |
|---|---|
| IXR Average Weekly Movement | 18.3% |
| Metals and Mining Industry Average Movement | 10.6% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in AU Market | 16.8% |
| 10% least volatile stocks in AU Market | 3.1% |
Stable Share Price: IXR's share price has been volatile over the past 3 months compared to the Australian market.
Volatility Over Time: IXR's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 34 | Tim Harrison | ionicre.com.au |
Ionic Rare Earths Limited engages in the mining, refining, and recycling of magnet and heavy rare earth elements in Australia, Uganda, and United Kingdom. Its flagship project is the Makuutu rare earths project that comprises six licenses covering an area of approximately 300 square kilometers located in Uganda. The company refines and recycles magnet and heavy rare earth elements for energy transition, manufacturing, and defense sectors.
Ionic Rare Earths Limited Fundamentals Summary
| IXR fundamental statistics | |
|---|---|
| Market cap | AU$30.71m |
| Earnings (TTM) | -AU$21.20m |
| Revenue (TTM) | AU$2.21m |
13.9x
P/S Ratio-1.4x
P/E RatioIs IXR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IXR income statement (TTM) | |
|---|---|
| Revenue | AU$2.21m |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$2.21m |
| Other Expenses | AU$23.41m |
| Earnings | -AU$21.20m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0041 |
| Gross Margin | 100.00% |
| Net Profit Margin | -960.82% |
| Debt/Equity Ratio | 0% |
How did IXR perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 00:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Ionic Rare Earths Limited is covered by 3 analysts. 2 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 |
|---|---|
| null null | ACF Equity Research Limited |
| Michael Bentley | MST Financial Services Pty Limited |
| Justin Chan | SCP Resource Finance LP |