Ionic Rare Earths Ltd IXRRF

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

IXRRF is trading at a LOCK|f@&SX premium.
Price
$0.27
Fair Value
LOCK|!#R&@&n
Uncertainty
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1-Star Price
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5-Star Price
LOCK|>Z^@<ZQ
Economic Moat
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Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Shares Outstanding
256.06M
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
Total Yield

Company Profile

Ionic Rare Earths Ltd is a mineral exploration company. It is engaged in the mining, refining, and recycling of magnet and heavy rare earth critical minerals for energy transition, manufacturing, and defense. Its projects include the Makuutu project in Uganda. The company also has a magnet recycling facility in Northern Ireland. It is organized into one operating segment, exploration operations. Geographically, its activities are conducted across three geographic locations, Australia which generates maximum revenue, Uganda, and the United Kingdom.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Small Value
Total Number of Employees
1

Valuation

Metric
IXRRF
Price/Earnings (Normalized)
Price/Book Value
2.12
Price/Sales
Price/Cash Flow
Price/Earnings
IXRRF

Financial Strength

Metric
IXRRF
Quick Ratio
9.01
Current Ratio
9.69
Interest Coverage
Quick Ratio
IXRRF

Profitability

Metric
IXRRF
Return on Assets (Normalized)
Return on Equity (Normalized)
Return on Invested Capital (Normalized)
Return on Assets
IXRRF

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