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Arafura Rare Earths Ltd
Previous close
€0.10
Day range
€0.10 - €0.10
Year range
€0.071 - €0.16
Market cap
382.70M AUD
Avg Volume
10.86K
P/E ratio
-
Dividend yield
-
Primary exchange
ASX
Market news
Financials
Income Statement
Revenue
Net income
| (AUD) | Jun 2024info | Y/Y change |
|---|---|---|
Revenue | — | — |
Operating expense | 4.98M | 14.03% |
Net income | -17.05M | 50.93% |
Net profit margin | — | — |
Earnings per share | — | — |
EBITDA | -15.77M | 56.24% |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
| (AUD) | Jun 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 42.17M | -67.27% |
Total assets | 170.09M | -34.46% |
Total liabilities | 25.98M | -41.80% |
Total equity | 144.11M | — |
Shares outstanding | 2.40B | — |
Price to book | 1.72 | — |
Return on assets | -23.24% | — |
Return on capital | -27.28% | — |
Cash Flow
Net change in cash
| (AUD) | Jun 2024info | Y/Y change |
|---|---|---|
Net income | -17.05M | 50.93% |
Cash from operations | -16.26M | 16.73% |
Cash from investing | -303.06K | 74.88% |
Cash from financing | 4.20M | -81.34% |
Net change in cash | -12.39M | -780.70% |
Free cash flow | -8.58M | 61.76% |
About
Arafura Rare Earths Ltd is an Australian mining company headquartered in Perth, Western Australia and was listed on the Australian Stock Exchange in 2003. The company was formerly known as Arafura Resources until it was renamed in October 2022.
The company's flagship project is the Nolans Rare Earths Project, located in Australia's Northern Territory, 135km north of Alice Springs. The project is one of the world’s largest undeveloped neodymium and praseodymium resources. With an initial mine life of 38 years and a valuable phosphoric acid by-product, Nolans will be a long life, low cost operation producing NdPr oxide. In March 2024, Australian prime minister Anthony Albanese announced that the Australian government would invest $840 million for the mine and refinery at the Nolans project. Wikipedia
Founded
1997
Website
Employees
19
