American Rare Earths Past Earnings Performance

Past criteria checks 0/6

American Rare Earths's earnings have been declining at an average annual rate of -56%, while the Metals and Mining industry saw earnings growing at 13.9% annually. Revenues have been declining at an average rate of 1.7% per year.

Key information

-56.0%

Earnings growth rate

-35.4%

EPS growth rate

Metals and Mining Industry Growth	29.2%
Revenue growth rate	-1.7%
Return on equity	-18.9%
Net Margin	n/a
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How American Rare Earths makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:1BHA Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	0	-6	5
31 Mar 24	0	-6	5
31 Dec 23	0	-6	5
30 Sep 23	0	-6	4
30 Jun 23	0	-5	4
31 Mar 23	0	-4	3
31 Dec 22	0	-3	3
30 Sep 22	0	-3	4
30 Jun 22	0	-2	4
31 Mar 22	0	-1	3
31 Dec 21	0	-1	3
30 Sep 21	0	0	2
30 Jun 21	0	0	2
31 Mar 21	0	0	2
31 Dec 20	0	1	2
30 Sep 20	0	1	1
30 Jun 20	0	1	1
31 Mar 20	0	0	1
31 Dec 19	0	-1	1
30 Sep 19	0	-1	1
30 Jun 19	0	-1	1
31 Mar 19	0	-2	2
31 Dec 18	0	-2	2
30 Sep 18	0	-2	2
30 Jun 18	0	-2	2
31 Dec 17	1	0	1
30 Sep 17	1	-1	2
30 Jun 17	1	-1	2
31 Dec 16	0	-2	2
30 Sep 16	0	-1	1
30 Jun 16	0	-1	1
31 Mar 16	0	-1	1
31 Dec 15	0	-1	0
30 Sep 15	0	0	0
30 Jun 15	0	0	0
31 Mar 15	0	0	0
31 Dec 14	1	0	1
30 Sep 14	0	0	1
30 Jun 14	0	-1	1
31 Mar 14	0	-1	1
31 Dec 13	0	-1	1

Quality Earnings: 1BHA is currently unprofitable.

Growing Profit Margin: 1BHA is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1BHA is unprofitable, and losses have increased over the past 5 years at a rate of 56% per year.

Accelerating Growth: Unable to compare 1BHA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1BHA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-12.2%).

Return on Equity

High ROE: 1BHA has a negative Return on Equity (-18.93%), as it is currently unprofitable.

American Rare Earths Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings released: AU$0.001 loss per share (vs AU$0.005 profit in FY 2020)

First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.005 loss in 1H 2020)

Recent updates

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

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

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 €196k worth of stock

Non-Executive Director recently sold €150k 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.

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

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

American Rare Earths Limited Announces Board Appointments

American Rare Earths Limited Appoints Paul Zink to Its Board

American Rare Earths Limited Appoints Kenneth Traub as Non-Executive Director

American Rare Earths Stakes New High-Grade Rare Earth Deposit in Wyoming, USA

American Rare Earths Limited Announces CEO Changes

American Rare Earths Limited Announces CFO Changes

American Rare Earths Limited Announces Resignation of Mr. Clarence Mcallister from the Board

American Rare Earths Reports Positive Metallurgical Test Results

American Rare Earths Further Extends Zone At Halleck Creek, Wyoming

American Rare Earths Limited Announces Assay Results for 998 Samples from 10 Reverse Circulation Holes At the Halleck Creek Rare Earths Projects in Wyoming

American Rare Earths Limited Identifies Potential New Rare Earth Deposit in Wyoming, USA

American Rare Earths Limited Announces Resignation of Noel Whitcher as Company Secretary Effective 31 January 2023

American Rare Earths Limited Announces Executive Changes

American Rare Earths on Target to Define a Significant JORC Resource at Halleck Creek

American Rare Earths Limited Announces the Results of Initial Minerology Test Work Conducted on Core Material from the Halleck Creek Rare Earths Project in Albany County

American Rare Earths Limited Provides an Update on Exploration Drilling At the Halleck Creek Rare Earths Project in Albany County, Wyoming

Less than half of directors are independent

American Rare Earths Limited Provides an Update on Exploration Drilling at the Halleck Creek Rare Earths Project in Albany County, Wyoming

American Rare Earths Limited, Annual General Meeting, Nov 08, 2022

American Rare Earths Limited Completes Metallurgical Test Work At La Paz

American Rare Earths Limited Announces Substantial Increase to the Exploration Target for the Halleck Creek Project

American Rare Earths Limited announced that it expects to receive AUD 14 million in funding from Proactive Investors Australia Pty Ltd

American Rare Earths Limited Announces Assay Results from Recent Surface Sampling of Newly Claimed Areas at the Halleck Creek Rare Earth Project

American Rare Earths Limited Announces the Retirement of Non-Executive Director Mr. Denis Geldard, Effective 31 August 2022

American Rare Earths Limited Announces Highly Promising Assay Results from Recent Exploration Drilling in the Halleck Creek Rare Earth Project in Wyoming, Usa

Independent Non-Executive Director recently sold €166k worth of stock

American Rare Earths Limited Announces Outstanding Drill Assay Results for Halleck Creek Rare Earth Project

American Rare Earths Announces Highly Promising Assay Results from Recent Exploration Drilling in the Southwest Area of its La Paz Project in Arizona, USA

American Rare Earths Limited Announces Exploration Drill Program At Halleck Creek Rare Earths Project in Albany County, Wyoming

Less than half of directors are independent

American Rare Earths Limited Announces Exploration Grows Wyoming Rare Earths Project

American Rare Earths Provides an Update on La Paz Metallurgy

First half 2022 earnings: Revenues and EPS in line with analyst expectations

American Rare Earths Limited Announces Board Changes

Non Executive Director recently sold €128k worth of stock

American Rare Earths Limited announced that it expects to receive AUD 6.0902 million in funding from Fidelity International Ltd

Less than half of directors are independent

Less than half of directors are independent

Full year 2021 earnings released: AU$0.001 loss per share (vs AU$0.005 profit in FY 2020)

American Rare Earths Limited (ASX:ARR) completed the acquisition of Wyoming Rare Pty Ltd from Zenith Minerals Limited (ASX:ZNC).

American Rare Earths Limited Announces Technical Report Searchlight Rare Earths Project Nevada

First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.005 loss in 1H 2020)

American Rare Earths Limited Provides Updates on La Paz Scandium and Rare Earths Project Drilling Approvals

Revenue & Expenses Breakdown