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RareX ASX:REE Stock Report

Last Price

AU$0.016

Market Cap

AU$12.6m

7D

14.3%

1Y

-61.0%

Updated

19 Jul, 2024

Data

Company Financials

REE Stock Overview

Explores for and develops mineral properties in Australia.

REE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

RareX Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for RareX
Historical stock prices
Current Share PriceAU$0.016
52 Week HighAU$0.042
52 Week LowAU$0.013
Beta1.53
11 Month Change6.67%
3 Month Change0%
1 Year Change-60.98%
33 Year Change-81.18%
5 Year Change-36.00%
Change since IPO-99.68%

Recent News & Updates

Recent updates

Is RareX (ASX:REE) In A Good Position To Deliver On Growth Plans?

Jan 23
Is RareX (ASX:REE) In A Good Position To Deliver On Growth Plans?

Is RareX (ASX:REE) In A Good Position To Deliver On Growth Plans?

Oct 06
Is RareX (ASX:REE) In A Good Position To Deliver On Growth Plans?

Shareholder Returns

REEAU Metals and MiningAU Market
7D14.3%-3.1%0.05%
1Y-61.0%-9.6%9.1%

Return vs Industry: REE underperformed the Australian Metals and Mining industry which returned -8.3% over the past year.

Return vs Market: REE underperformed the Australian Market which returned 9.7% over the past year.

Price Volatility

Is REE's price volatile compared to industry and market?
REE volatility
REE Average Weekly Movement16.1%
Metals and Mining Industry Average Movement11.4%
Market Average Movement8.3%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.2%

Stable Share Price: REE has not had significant price volatility in the past 3 months.

Volatility Over Time: REE's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2003n/aJames Durrantwww.rarex.com.au

RareX Limited explores for and develops mineral properties in Australia. The company primarily explores for nickel, cobalt, copper, gold, and rare earths deposits. Its flagship project is the 100% owned Cummins Range Rare Earths project located in the Kimberley region of Western Australia.

RareX Limited Fundamentals Summary

How do RareX's earnings and revenue compare to its market cap?
REE fundamental statistics
Market capAU$12.64m
Earnings (TTM)-AU$5.94m
Revenue (TTM)n/a

0.0x

P/S Ratio

-2.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REE income statement (TTM)
RevenueAU$0
Cost of RevenueAU$1.68m
Gross Profit-AU$1.68m
Other ExpensesAU$4.26m
Earnings-AU$5.94m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0075
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did REE perform over the long term?

See historical performance and comparison
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