Altona Rare Earths (REE) Share Price, News & Analysis

Company Overview

Altona Rare Earth (LSE: REE) is a resource exploration and development company, specialising in Rare Earth Elements (“REE”) and focused on the development of the Monte Muambe REE projects in Mozambique. Monte Muambe, a significant REE mining project, is a carbonatite-hosted REE deposit. It is located in Tete Province, Northwest Mozambique, a mature and safe mining region of Africa, with excellent infrastructure. The project has so far shown characteristics that are favourable to the fast-tracked development of a low strip ratio open-pit mining operation, in particular the right size and grade. Since June 2021 Altona has drilled over 7,000m at Monte Muambe, defined a JORC Exploration Target, and is currently preparing its maiden Mineral Resource Estimate and a Scoping Study. The ever-growing global ambition of a clean energy future has vastly increased demand for Rare Earth Elements, their role in the manufacturing of permanent magnets for products such as electric vehicles and wind turbines has placed them at the centre of this international green agenda. In addition to this Rare Earth Elements remain key in many varied defence and communication applications. Altona aspires to play an essential role in ensuring these varied needs are met, while also acting as an alternative supply option from the otherwise Chinese dominated market space. Altona Rare Earths is headquartered in London and operates across Africa, where it uses its position on the ground to continually assess new high-quality Rare Earths exploration and mining opportunities. https://www.altonare.com/

Key Stats

• Today's Range: 1.30 to 1.30
• 50-Day Range: 1.33 to 2
• 52-Week Range: 1 to 2.30
• Volume: 1.79 million shs
• Average Volume: 481,036 shs
• Market Capitalization: £2.12 million
• P/E Ratio: N/A
• Dividend Yield: 2.18%
• Price Target: N/A
• Consensus Rating: N/A

REE Stock Analysis - Frequently Asked Questions

How have REE shares performed this year?

Altona Rare Earths' stock was trading at GBX 1.50 at the start of the year. Since then, REE shares have decreased by 13.2% and is now trading at GBX 1.30.
View the best growth stocks for 2025 here.

How were Altona Rare Earths' earnings last quarter?

Altona Rare Earths Plc (LON:REE) posted its earnings results on Thursday, October, 31st. The company reported ($1.97) earnings per share for the quarter.

How do I buy shares of Altona Rare Earths?

Shares of REE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

Company Calendar

• Last Earnings: 10/31/2024
• Today: 1/21/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Automobiles And Trucks
• Current Symbol: LON:REE
• CUSIP: N/A
• CIK: N/A
• Web: www.altonare.com
• Phone: (954) 907-2231
• Fax: N/A
• Employees: 270
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £-1,510,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -154.39%
• Return on Assets: -47.19%

Debt

• Debt-to-Equity Ratio: 19.38
• Current Ratio: 0.34
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 2 per share
• Price / Book: 0.65

Miscellaneous

• Outstanding Shares: 163,020,000
• Free Float: N/A
• Market Cap: £2.12 million
• Optionable: N/A
• Beta: -0.15