RareX Limited

RareX Limitedverified

REE.AX

Price:

$0.009

Market Cap:

$7.21M

RareX Limited explores for and develops mineral properties in Australia. The company primarily explores for nickel, cobalt, copper, gold, and rare earths deposits. Its flagship project is the 100% owned Cummins Range Rare Earths project located in the East Kimbley region of Western Australia. The company was formerly known as Sagon Resources Limited and changed its name to RareX Limited in December 2019. RareX Limited was incorporated in 2003 and is based in Subiaco, Australia.[Read more]

Industry

Industrial Materials

IPO Date

2007-07-05

Stock Exchange

ASX

Ticker

REE.AX

The ROE as of January 2025 (TTM) for RareX Limited (REE.AX) is -0.07%

According to RareX Limited’s latest financial reports and current stock price. The company's current ROE is -0.07%. This represents a change of -99.84% compared to the average of -41.01% of the last 4 quarters.

RareX Limited (REE.AX) Historical ROE (quarterly & annually)

How has REE.AX ROE performed in the past?

The mean historical ROE of RareX Limited over the last ten years is -34865.06%. The current -0.07% ROE has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), REE.AX's ROE was at its highest in in the March 2015 quarter at 54.60%. The ROE was at its lowest in in the June 2019 quarter at -73878.67%.

Quarterly (TTM)
Annual

Average

-34865.06%

Median

-143.17%

Minimum

-162743.29%

Maximum

-65.41%

RareX Limited (REE.AX) ROE by Quarter and Year

Discovering the peaks and valleys of RareX Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 91.56%

Maximum Annual ROE = -65.41%

Minimum Annual Increase = -99.94%

Minimum Annual ROE = -162743.29%

Quarterly (TTM)
Annual
YearROEChange
2024-73.37%-56.58%
2023-168.99%44.00%
2022-117.36%79.41%
2021-65.41%-37.89%
2020-105.32%-99.94%
2019-162743.29%221.25%
2018-50660.13%-20.01%
2017-63330.64%-11.19%
2016-71308.29%91.56%
2015-77.80%147.06%

RareX Limited (REE.AX) Average ROE

How has REE.AX ROE performed in the past?

The current ROE of RareX Limited (REE.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-119.91%

5-year avg

-106.09%

10-year avg

-34865.06%

RareX Limited (REE.AX) ROE vs. Peers

How is REE.AX’s ROE compared to its peers?

RareX Limited’s ROE is greater than Ionic Rare Earths Limited (-59.28%), greater than Vital Metals Limited (-1.07%), greater than Hastings Technology Metals Limited (-0.01%), greater than American Rare Earths Limited (-22.62%), less than Northern Minerals Limited (572.16%),

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