Rarex Share Price and Company Fundamentals



Price
$0.087
Change
0.001 (1.163%)
52 week
0.022 - 0.205

Last traded: Today at 4:53 AM

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.

Key Metrics

PE ratio

-

PB ratio

5.12

Dividend yield

Beta

2.02

Market cap

$37.8M

Enterprise value

$30.89M

Company profile

Primary activitiesDevelopment of rare earths asset
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttp://www.rarex.com.au
Mailing address513 Hay Street Suite 23 Subiaco WA 6008 Australia
Phone / Fax61 8 6143 6720 /
Share registryAUTOMIC REGISTRY SERVICES

Dividends

Rarex does not pay dividends.

Company Executives

As of May 2021, following are the company executives and directors listed on Rarex.

NameTitleAgeTotal Pay
Mr. Jeremy Kim Robinson B.Com.MD & Exec. Director207.14k
Ms. Oonagh Jane MaloneCompany Sec.4530k
Mr. Guy William MoulangHead of Exploration

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-9,032.31%

Return on assets

-43.66%

Return on equity

-62.08%

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 Rarex is 37.8M and its enterprise value is 30.89M. The enterprise value to revenue ratio of REE is 725.52.

The REE's stocks Beta value is 2.02 making it 102% 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 Rarex (REE)

Rarex (ASX:REE) Frequently Asked Questions

1. What is Rarex's Stock Symbol?

Rarex trades on ASX under the ticker symbol "REE".

2. What is Rarex's stock price today?

One share of REE stock can currently be purchased for approximately $0.087.

3. How can I contact Rarex?

Rarex's mailing address is 513 Hay Street Suite 23 Subiaco WA 6008 Australia. The company can be reached via phone at 61 8 6143 6720.

4. What is Rarex's official website?

The official website of Rarex is http://www.rarex.com.au.

5. Which share registry manages Rarex's stock?

Rarex's stock is managed by AUTOMIC REGISTRY SERVICES.