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1 Comment
Ionic Rare Earths Limited is currently in a long term uptrend where the price is trading 6.7% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Based on the above factors, Ionic Rare Earths Limited gets an overall score of 2/5.
Exchange | AU |
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CurrencyCode | AUD |
ISIN | AU0000081341 |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
PE Ratio | None |
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Target Price | 0.121 |
Beta | 0.37 |
Market Cap | 37M |
Dividend Yield | None |
Ionic Rare Earths Limited engages in the mining, refining, and recycling of magnet and heavy rare earth elements in Australia, Uganda, and United Kingdom. Its flagship project is the Makuutu rare earths project that comprises six licenses covering an area of approximately 300 square kilometers located in Uganda. The company refines and recycles magnet and heavy rare earth elements for energy transition, manufacturing, and defense sectors. The company was incorporated in 1998 and is based in Melbourne, Australia.
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