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1 Comment
Rare Earth Magnesium Technology Group Holdings Limited is currently in a long term downtrend where the price is trading 32.3% below its 200 day moving average.
From a valuation standpoint, the stock is 64.2% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.5.
Rare Earth Magnesium Technology Group Holdings Limited's total revenue sank by 53.3% to $368M since the same quarter in the previous year.
Its net income has dropped by 113.3% to $-12M since the same quarter in the previous year.
Finally, its free cash flow fell by 96.7% to $300K since the same quarter in the previous year.
Based on the above factors, Rare Earth Magnesium Technology Group Holdings Limited gets an overall score of 1/5.
Exchange | HK |
---|---|
CurrencyCode | HKD |
Industry | Other Industrial Metals & Mining |
ISIN | BMG7386W1010 |
Sector | Basic Materials |
PE Ratio | None |
---|---|
Target Price | None |
Beta | -0.16 |
Market Cap | 39M |
Dividend Yield | None |
Rare Earth Magnesium Technology Group Holdings Limited, an investment holding company, develops, manufactures, sells, and trades magnesium alloy new material products in Mainland China and Hong Kong. It also operates a dolomite mine in Baishan City, Jilin Province. The company was formerly known as Group Sense (International) Limited and changed its name to Rare Earth Magnesium Technology Group Holdings Limited in July 2018. Rare Earth Magnesium Technology Group Holdings Limited was incorporated in 1992 and is based in Tsim Sha Tsui, Hong Kong.
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