Ionic Rare Earths Share Price and Company Fundamentals



Price
$0.027
Change
-0.001 (-3.571%)
52 week
0.006 - 0.065

Last traded: Today at 6:10 AM

Ionic Rare Earths Limited operates as a mineral exploration company. The company's flagship project is the Makuutu rare earths project that includes five licenses covering an area of 242 km2 located in the eastern Uganda. The company was incorporated in 1998 and is based in West Perth, Australia.

Key Metrics

PE ratio

-

PB ratio

13.50

Dividend yield

Beta

1.57

Market cap

$86.3M

Enterprise value

$75.02M

Company profile

Primary activitiesMineral exploration
Industry / SectorGold / Basic Materials
Websitehttp://ionicre.com.au
Mailing address34 Colin Street Level 1 West Perth WA 6005 Australia
Phone / Fax61 8 9481 2555 / 61 8 9485 1290
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

Ionic Rare Earths does not pay dividends.

Company Executives

As of May 2021, following are the company executives and directors listed on Ionic Rare Earths.

NameTitleAgeTotal Pay
Mr. Tim J. HarrisonCEO,MD & Director
Mr. Brett Douglas Dickson M.A.I.C.D., B.Bus., CPA, FCPACFO, Fin. Director, Company Sec. & Director153.05k
Mr. Juan Pablo Errazuriz-HochschildChilean Consultant

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

1,109,803.42%

Return on assets

-18.39%

Return on equity

-35.42%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Ionic Rare Earths is 86.3M and its enterprise value is 75.02M. The enterprise value to revenue ratio of IXR is -635,723.62.

The IXR's stocks Beta value is 1.57 making it 57% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Ionic Rare Earths (IXR)

Ionic Rare Earths (ASX:IXR) Frequently Asked Questions

1. What is Ionic Rare Earths's Stock Symbol?

Ionic Rare Earths trades on ASX under the ticker symbol "IXR".

2. What is Ionic Rare Earths's stock price today?

One share of IXR stock can currently be purchased for approximately $0.027.

3. How can I contact Ionic Rare Earths?

Ionic Rare Earths's mailing address is 34 Colin Street Level 1 West Perth WA 6005 Australia. The company can be reached via phone at 61 8 9481 2555.

4. What is Ionic Rare Earths's official website?

The official website of Ionic Rare Earths is http://ionicre.com.au.

5. Which share registry manages Ionic Rare Earths's stock?

Ionic Rare Earths's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.