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Company price
0.3631 USD 0.00(0%)
Last update at 2026-11-05T21:00:00Z
VOLUME
4000
Market Cap
67.34M

Momentum Score

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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.

Source: TradingView
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Day Price Range
0.35
Low
0.36
High
52 Week Price Range
0.17
Low
1.14
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Ionic Rare Earths Limited is an Australian-listed explorer and developer of ionic adsorption clay rare-earth projects, including the Makuutu project in Uganda, targeting mixed rare-earth concentrates for magnet and industrial uses. Growth may be supported by rising demand for permanent magnets and global supply-chain diversification, and investors may find the company attractive as it advances resource definition, permitting and pilot processing toward potential production.

Key risks include early-stage development with substantial financing and execution requirements, Ugandan political and permitting uncertainty, exposure to rare-earth price volatility and reliance on a concentrated global processing supply chain.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.36
Dividend Yield
-
Revenue TTM
1.62M
Revenue Per Share
0.01
Gross Profit TTM
1.62M
Debt / Equity
0.04
ROE
-28.40%
Net Debt
0.52M
ROCE
-37.87%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Income before tax -11.34M -21.20M -8.54M -4.64M -2.38M
Net income -11.34M -21.20M -8.54M -4.64M -2.38M
Selling general administrative 1.74M 2.27M 6.15M 3.59M 2.05M
Selling and marketing expenses 6.56M 16.82M - 0.44M 0.16M
Gross profit 2.18M 2.21M - - -
Reconciled depreciation 1.15M 2.28M 0.58M 0.06M -
Ebit -11.30M -23.53M -8.80M -4.64M -2.19M
Ebitda -10.14M -21.25M - -4.58M -2.40M
Depreciation and amortization 1.15M 2.29M - 0.06M -
Operating income -6.55M -17.71M -11.56M -4.64M -2.40M
Other operating expenses 8.73M 19.92M - 4.87M 2.40M
Interest expense 0.04M 0.00M 0.00M 0.00M 0.00M
Tax provision 0.00M 0.00M 0.00M 0.00M 0.00M
Interest income 0.02M 0.08M 0.27M 0.00M 0.00M
Net interest income -0.02M 0.02M 0.27M 0.00M 0.00M
Income tax expense - -5.82M - 0.22M -
Total revenue 2.18M 2.21M - - -
Total operating expenses 8.73M 19.92M - 4.87M 2.40M
Total other income expense net -4.79M -3.49M 2.76M 0.22M 0.02M
Net income from continuing ops -11.34M -21.20M -8.54M -4.64M -2.38M
Net income applicable to common shares - - -8.54M -4.64M -2.38M
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Total assets 32.56M 37.57M 44.52M 48.97M 18.08M
Intangible assets 5.20M 4.99M 5.43M 5.08M -
Other current assets 0.11M 0.17M 0.22M 0.07M 0.02M
Total liab 2.97M 1.06M 0.82M 0.68M 0.39M
Total stockholder equity 29.59M 36.51M 43.70M 48.29M 17.69M
Other current liab 0.40M - - - -
Common stock 95.09M 92.13M 84.16M 76.96M 43.39M
Capital stock 95.22M 92.27M 78.47M 77.09M 43.53M
Retained earnings -73.56M -67.32M -46.12M -37.58M -32.93M
Other liab - - - 0.03M -
Cash 0.60M 2.03M 11.12M 26.76M 11.06M
Total current liabilities 2.73M 0.69M 0.82M 0.64M 0.39M
Net debt 0.52M -1.54M - -26.72M -11.06M
Short term debt 0.88M 0.12M - 0.03M -
Short long term debt 0.75M - - - -
Short long term debt total 1.12M 0.49M - 0.03M -
Other stockholder equity 0.14M 0.00M 5.66M 0.14M 0.14M
Property plant equipment - - 3.93M 12.60M 3.41M
Total current assets 1.43M 6.26M 13.24M 27.36M 11.13M
Long term investments 24.22M 23.93M 21.93M 3.93M 3.54M
Net tangible assets - - 38.27M 43.21M 17.69M
Short term investments - 2.92M - - -
Net receivables 0.17M 0.07M 1.10M 0.53M 0.06M
Inventory 0.55M 1.07M 0.79M - -
Accounts payable 1.46M 0.57M 0.82M 0.61M 0.39M
Accumulated other comprehensive income 7.93M 11.70M - 8.77M 7.09M
Non currrent assets other 0.04M 0.00M - - -
Non current assets total 31.14M 31.31M 31.29M 21.61M 6.95M
Capital lease obligations 0.37M 0.49M 0.01M 0.03M -
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Investments 1.35M 0.27M -5.86M -10.60M -1.21M
Change to liabilities - - 0.21M 0.24M 0.09M
Total cashflows from investing activities 1.35M 0.27M -5.51M -10.60M -4.12M
Net borrowings - - -0.03M -0.11M -0.11M
Total cash from financing activities 3.53M 13.86M 1.35M 29.89M 15.68M
Change to operating activities - - -0.18M -0.04M -0.01M
Net income -7.46M -21.20M -8.54M -4.64M -2.38M
Change in cash -1.43M -9.09M -15.64M 15.70M 10.23M
Begin period cash flow 2.03M 11.12M 26.76M 11.06M 0.83M
End period cash flow 0.60M 2.03M 11.12M 26.76M 11.06M
Total cash from operating activities -5.89M -23.22M -11.66M -3.58M -1.33M
Issuance of capital stock 3.65M 14.01M 1.38M 29.89M 15.68M
Depreciation 0.76M 1.52M 0.58M 0.04M 0.04M
Other cashflows from investing activities - 2.23M 2.92M 0.06M 0.21M
Change to inventory 0.52M -0.28M -0.79M -0.79M -0.79M
Change to account receivables -0.09M 1.03M -0.51M -0.47M -0.05M
Other cashflows from financing activities -0.12M -0.15M - -10.60M -4.12M
Change to netincome - - -2.42M 1.29M 1.01M
Capital expenditures 0.04M 1.36M 2.33M 9.15M 3.17M
Change in working capital 0.54M 0.81M - - -
Stock based compensation - 0.35M - - -
Other non cash items -6.43M -2.82M - - -
Free cash flow -5.93M -24.58M -14.24M -9.15M -3.17M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
IXRRF
Ionic Rare Earths Limited
-
-%
0.36 - - 41.56 2.23 -10.92
BHPLF
BHP Group Limited
-0.89
2.24%
38.92 19.59 15.20 3.72 3.95 7.44
BHP
BHP Group Limited
1.31
1.67%
79.89 19.28 15.06 3.66 3.92 7.42
RTNTF
Rio Tinto Group
-
-%
102.31 15.69 13.70 3.05 4.44 12.05
RTPPF
Rio Tinto Group
-
-%
83.55 13.01 11.99 2.53 2.38 6.57

Profile*

Ionic Rare Earths Limited

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.

525 Collins Street, Melbourne, VIC, Australia, 3000

61 3 9776 3434

Name Title Year Born
Mr. Timothy Joseph Harrison B.E. MD & Director NA
Mr. Brett Douglas Dickson B.Bus., CPA, FCPA, M.A.I.C.D. Fin. Director & Company Sec. NA
Ms. Jill Kelley Exec. Director NA
Mr. Juan Pablo Errazuriz-Hochschild Chilean Consultant NA
Mr. Brett Laurence Lynch Executive Chairman 1964
Mr. Timothy Joseph Harrison B.E. MD, CEO & Executive Director NA
Mr. Warren Tregurtha CFA Acting Chief Financial Officer NA
Mr. Fergal Coleman Head of Technology - Ionic Technologies NA
Mr. Sean Sargent Chief Operating Officer ? EMEA NA
Ms. Anshu Raghuvanshi FCS, L.L.B. Company Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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