ASX Share rice
Mon 17 May 2021 - 04:33:am (Sydney)

REE Share Price

RAREX LIMITEDREEMaterials

REE Company Information

Name:

RareX Limited

Sector:

Basic Materials

Industry:

Other Industrial Metals & Mining

Address:

513 Hay Street Subiaco WA Australia 6008

Phone:

61 8 6143 6720

MD & Exec. Director:

Mr. Jeremy Kim Robinson B.Com.

Company Sec.:

Ms. Oonagh Jane Malone

Head of Exploration:

Mr. Guy William Moulang

Company Overview:

RareX Limited explores for and develops mineral properties in Australia. The company primarily explores for cobalt, nickel, cobalt, copper, gold, and rare earths deposits. It holds 100% interest in the Cummins Range Rare Earths Project located in the East Kimbley region of Western Australia. The company also has an agreement to acquire 100% in three cobalt licenses in Morocco. In addition, it holds interest in the Weld North Project. The company was formerly known as Sagon Resources Limited and changed its name to RareX Limited in December 2019. RareX Limited was incorporated in 2003 and is based in Subiaco, Australia.

REE Share Price Information

Shares Issued:

434.44M

Market Capitalisation:

$37.80M

Revenue (TTM):

$42.58K

Revenue Per Share (TTM):

$0.01

Earnings per Share:

$-0.0429

Operating Margin (TTM):

$-90.32

Return On Assets (TTM):

$-0.44

Return On Equity (TTM):

$-0.62

Quarterly Revenue Growth (YOY):

1.222

Gross Profit(TTM):

$-1,455,459

Diluted Earnings Per Share (TTM):

$-0.009

REE CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$490.26K

Change To Liabilities:

$-48,080

Total Cashflow From Investing Activities:

$130.53K

Net Income:

$-6,687,791

Total Cash From Operating Activities:

$-1,348,886

Other Cashflow From Investing Activities:

$688.93K

Change To Account Receivables:

$-31,445

Sale Purchase Of Stock:

$4.52M

Capital Expenditures:

$558.40K

REE Income Statement

Income Date:

2020-06-30

Income Before Tax:

$-6,687,790

Net Income:

$-6,687,790

Operating Income:

$-9,313,790

Other Operating Expenses:

$-33,506

Total Revenue:

$14.87K

REE Balance Sheet

Balance Sheet Date:

2020-06-30

Total Liabilities:

$1.34M

Total Stockholder Equity:

$6.35M

Other Current Liabilities:

$1.02M

Total Assets:

$7.69M

Common Stock:

$29.61M

Other Current Assets:

$90K

Retained Earnings:

$-28,112,741

Cash:

$3.43M

Total Current Liabilities:

$1.34M

Property - Plant & Equipment:

$1.72M

Net Tangible Assets:

$6.35M

Long-Term Investments:

$2.39M

Total Current Assets:

$3.58M

Net Receivables:

$48.13K

Short-Term Investments:

$4.11M

Accounts Payable:

$124.36K

Short-Term Investments:

$4.11

Non Current Liabilities Total:

$0

REE Share Price History

REE News

09 Oct, 2020
Even if it's not a huge purchase, we think it was good to see that John Young, the Non-Executive Chairman of RareX...
21 Sep, 2020
This week we saw the RareX Limited (ASX:REE) share price climb by 18%. But if you look at the last five years the...
06 Jul, 2020
Kincora announces high-grade gold-copper results from first hole at Trundle
09 Jun, 2020
Kincora's second hole at the Trundle project, at the Mordialloc target, has intersected strong halo indicators of a mineralized porphyry intrusion system confirming the targeted geological setting. The first two drill holes at both the Mordialloc porphyry and Trundle Park skarn-porphyry targets have significantly expanded the scale and prospectivity of these target zones. The Mordialloc and Trundle Park targets are located 8.5km apart and interpreted to lie within the same mineralized complex as Australia's second largest porphyry mine at Northparkes, further illustrating the scale and potential for mineralized systems at the Trundle project.