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IXR

Ionic Rare Earths ASX:IXR Stock Report

Last Price

AU$0.039

Market Cap

AU$153.8m

7D

0%

1Y

-11.4%

Updated

09 Dec, 2022

Data

Company Financials +
IXR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends0/6

IXR Stock Overview

Ionic Rare Earths Limited operates as a mineral exploration company.

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$0.039
52 Week HighAU$0.098
52 Week LowAU$0.036
Beta1.28
1 Month Change-4.88%
3 Month Change-7.14%
1 Year Change-11.36%
3 Year Change387.50%
5 Year Change457.14%
Change since IPO-98.54%

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
7D0%1.6%-1.4%
1Y-11.4%12.3%-4.7%

Return vs Industry: IXR underperformed the Australian Metals and Mining industry which returned 10.5% over the past year.

Return vs Market: IXR underperformed the Australian Market which returned -5.2% over the past year.

Price Volatility

Is IXR's price volatile compared to industry and market?
IXR volatility
IXR Average Weekly Movement7.6%
Metals and Mining Industry Average Movement11.0%
Market Average Movement8.9%
10% most volatile stocks in AU Market15.7%
10% least volatile stocks in AU Market4.1%

Stable Share Price: IXR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: IXR's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19983Tim Harrisonhttps://ionicre.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 298 square kilometers located in the eastern Uganda. The company was incorporated in 1998 and is based in West Perth, 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$153.76m
Earnings (TTM)-AU$4.64m
Revenue (TTM)AU$220.43k

780.0x

P/S Ratio

-33.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IXR income statement (TTM)
RevenueAU$220.43k
Cost of RevenueAU$0
Gross ProfitAU$220.43k
Other ExpensesAU$4.86m
Earnings-AU$4.64m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.0012
Gross Margin100.00%
Net Profit Margin-2,106.81%
Debt/Equity Ratio0%

How did IXR perform over the long term?

See historical performance and comparison