Free Trial

Rainbow Rare Earths (LON:RBW) Shares Up 16.8% - What's Next?

Rainbow Rare Earths logo with Basic Materials background

Rainbow Rare Earths Limited (LON:RBW - Get Free Report) traded up 16.8% during trading on Tuesday . The stock traded as high as GBX 11.98 ($0.16) and last traded at GBX 11.98 ($0.16). 1,039,287 shares changed hands during mid-day trading, an increase of 73% from the average session volume of 600,640 shares. The stock had previously closed at GBX 10.25 ($0.14).

Rainbow Rare Earths Stock Down 4.2 %

The company has a market cap of £92.98 million, a PE ratio of -21,954.94 and a beta of 2.25. The business has a fifty day simple moving average of GBX 10.37 and a two-hundred day simple moving average of GBX 11.45. The company has a current ratio of 0.21, a quick ratio of 3.79 and a debt-to-equity ratio of 3.34.

Rainbow Rare Earths Company Profile

(Get Free Report)

Rainbow Rare Earths aims to be a forerunner in the establishment of an independent and ethical supply chain of the rare earth elements that are driving the green energy transition. It is doing this successfully via the identification and development of secondary rare earth deposits that can be brought into production quicker and at a lower cost than traditional hard rock mining projects, with a focus on the permanent magnet rare earth elements neodymium and praseodymium, dysprosium and terbium. The Company is focused on the development of the Phalaborwa Rare Earths Project in South Africa and the earlier stage Uberaba Project in Brazil.

See Also

Should You Invest $1,000 in Rainbow Rare Earths Right Now?

Before you consider Rainbow Rare Earths, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rainbow Rare Earths wasn't on the list.

While Rainbow Rare Earths currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy Early: 3 Tech Trends With Millionaire-Making Potential
SMCI Stumbles on Earnings: Why Some Investors Still Want In
5 Stocks to BUY NOW in May 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines