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ASX:IXRMaterialsDiversified Metals & MiningLive

Ionic Rare Earths Ltd

Ionic Rare Earths Limited is an Australia-based mineral exploration company that is focused on investment in the mining and resource sector.

$0.395 ⁠$0.010 (2.60%)AUD · Open
-30.6%52-week return
Day Range
$0.380$0.400
52 Week Range
$0.255$1.050
Volume
331.03K
Avg Volume (10D)
609.03K
Market Cap
$101.14M
The company

The business

What Ionic Rare Earths Ltd does

Ionic Rare Earths Limited is an Australia-based mineral exploration company that is focused on investment in the mining and resource sector. The Company is focused on developing its flagship Makuutu Rare Earths Project (Makuutu) towards production. The Makuutu comprises approximately six licenses covering approximately 300 square kilometers (km2) and is located over 120 kilometers east of the capital city of Kampala in eastern Uganda. The defined mineralization stretches 37 km long and is situated near tier one infrastructure. The Company, through its subsidiary Ionic Technologies International Limited, has developed rare earth element (REE) separation and refining technology and applied this to the recovery and separation of individual rare earths from spent permanent magnets. Its exploration license includes EL00257, EL00147, EL00624, EL00616, EL00148, and EL00450.

Incorporated
AUS
Public since
1999-12-10
Employees
34
Shareholders
10,436
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Share price & key data

Share price

OHLC · volume · moving averages
$0.395+$0.070 (+21.54%)over 6M
Hi$0.420Lo$0.255
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.385
Prev Close
$0.385
Day High
$0.400
Day Low
$0.380
52wk High
$1.050
52wk Low
$0.255

Valuation

Multiples
Market Cap
$101.14M
Shares Out
256.06M
Price/Book
2.01

Trading Activity

Volume & book
Volume
331.03K
Value Traded
$128.23K
Bid
$0.385 × 21,313
Ask
$0.395 × 59,896
Avg Vol 10D
609.03K

Performance

Total return
1 Day
+8.70%
5 Day
+29.31%
13 Week
-6.25%
52 Week
-30.56%
YTD
-12.79%
Peers & news

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