Rarex Share Price and Company Fundamentals
Last traded: Today at 5:10 AM
RareX Limited explores for and develops mineral properties in Australia. The company primarily explores for 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% interest 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 headquartered in Subiaco, Australia.
|Primary activities||Development of rare earths asset|
|Industry / Sector||Other Industrial Metals & Mining / Basic Materials|
|Mailing address||Unit 6 94 Rokeby Road Subiaco WA 6008 Australia|
|Phone / Fax||61 8 6383 6593 / 61 8 9388 8824|
|Share registry||AUTOMIC REGISTRY SERVICES|
Rarex paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.REE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
REE's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Oct 2022, following are the company executives and directors listed on Rarex.
|Mr. Jeremy Kim Robinson B.Com.||MD & Exec. Director||246.44k|
|Ms. Oonagh Jane Malone||Company Sec.||46||40.5k|
|Mr. Guy William Moulang||Head of Exploration|
Profitability and management effectiveness
Return on assets
Return on equity
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 and its enterprise value is .
The REE's stocks Beta value is 1.81 making it 81% 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.
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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 $0.064.
3. How can I contact Rarex?
Rarex's mailing address is Unit 6 94 Rokeby Road Subiaco WA 6008 Australia. The company can be reached via phone at 61 8 6383 6593.
4. What is Rarex's official website?
The official website of Rarex is https://www.rarex.com.au.
5. Which share registry manages Rarex's stock?
Rarex's stock is managed by AUTOMIC REGISTRY SERVICES.