American Rare Earths Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

American Rare Earths Limited engages in the exploration and development of mineral resources in Australia and the United States. The company explores for rare earth, scandium, and cobalt deposits. Its 100% owned flagship property is the Halleck Creek project situated in Wyoming, the United States. The company was formerly known as Broken Hill Prospecting Limited and changed its name to American Rare Earths Limited in July 2020. American Rare Earths Limited was incorporated in 1986 and is based in Sydney, Australia.

Financial highlights

Market Capitalization$60.4156 million
P/E Ratio0
P/E Growth Ratio
Book Value0.056
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-3,503.915
Profit Margin0
Operating Margin TTM-53.019
Return on Assets TTM-0.103
Return on Equity TTM-0.2353
Revenue TTM66.604

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2011-06-30 638.636
2012-06-30 915.217
2013-06-30 1,123.878
2014-06-30 885.069
2015-06-30 5.12 556.256
2016-06-30 17.45 970.047
2017-06-30 105 105 2,046.954
2018-06-30 29 1,689.063
2019-06-30 14.8 1,393.748
2020-06-30 21.77 1,829.138
2021-06-30 39.68 2,088.671
2022-06-30 2.05 4,184.687
2023-06-30

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2010-06-30 6,723.748 7,226.417 38.773 7,740.709
2011-06-30 3,240.567 4,140.558 78.15 23.343 5,181.72
2012-06-30 1,465.16 3,406.148 120.713 5,181.72
2013-06-30 363.572 2,652.362 37.545 5,181.72
2014-06-30 278.511 2,370.449 45.567 5,425.188
2015-06-30 114.643 2,876.306 176.768 22.073 5,831.688
2016-06-30 1,391.675 4,445.21 200.797 7,485.051
2017-06-30 802.732 7,606.672 975.976 0 8,185.359
2018-06-30 2,091.196 4,788.794 301.566 0 8,194.159
2019-06-30 490.509 3,417.376 192.663 0 8,194.159
2020-06-30 1,433.784 6,720.475 412.676 61.537 10,374.714
2021-06-30 3,700.689 9,949.039 395.071 48.511 13,168.308
2022-06-30 6,339.542 16,927.072 925.977 57.206 20,828.812
2023-06-30 12,485.22 25,914.657 715.809

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2011-06-30 -566.247 3,203.106 37.461 3,240.567
2012-06-30 -776.973 -1,775.407 3,240.567 1,465.16
2013-06-30 -803.818 -1,101.588 1,465.16 363.572
2014-06-30 -533.403 -85.061 363.572 278.511
2015-06-30 -431.844 -509.7 -163.868 278.511 114.643
2016-06-30 -717.647 -589.99 1,277.032 114.643 1,391.675
2017-06-30 1,685.975 -918.798 -588.943 1,391.675 802.732
2018-06-30 -1,520.404 -1,683.565 1,288.464 802.732 2,091.196
2019-06-30 -1,358.608 -1,286.654 -1,600.687 2,091.196 490.509
2020-06-30 923.288 -964.9 943.275 490.509 1,433.784
2021-06-30 -258.92 -1,167.912 2,266.905 1,433.784 3,700.689
2022-06-30 -2,018.722 -1,950.372 2,638.853 3,700.689 6,339.542
2023-06-30 -4,846.56 6,071.739 6,339.542 12,485.22