Altona Rare Earths (REE) Share Price, News & Analysis

Company Overview

Altona Rare Earth (LSE: REE) is a resource exploration and development company, specializing in Critical Raw Materials exploration and development in Africa. The Company is currently involved in copper and silver exploration at the Sesana project in the Kalahari Copper Belt of Botswana, in rare earths exploration at the Monte Muambe project in Mozambique, and is also assessing the possibility to rapidly develop a fluorspar mining operation, also at Monte Muambe. Monte Muambe, a significant REE mining project, is a carbonatite-hosted REE deposit. It is located in Tete Province, Northwest Mozambique, a mature and safe mining region of Africa, with excellent infrastructure. The project has so far shown characteristics that are favourable to the fast-tracked development of a low strip ratio open-pit mining operation, in particular the right size and grade. Since June 2021 Altona has drilled over 7,800m at Monte Muambe. In September 2023 the Company published a maiden JORC Mineral Resource Estimate of 13.6 million tonnes at 2.42% TREO, and in October a Scoping Study. The project is now entering the Prefeasibility Study stage. A Mining Concession (mining licence) was recently granted and is valid until 2049. Monte Muambe also holds fluorspar resources, and the Company has recently discovered Gallium occurrences which are currently being assessed. Altona Rare Earths is headquartered in London and operates across Africa, where it uses its position on the ground to continually assess new high-quality Critical Raw Materials exploration and mining opportunities.

Key Stats

• Today's Range: 1.76 to 1.95
• 50-Day Range: 1.11 to 1.94
• 52-Week Range: 1 to 2.30
• Volume: 872,720 shs
• Average Volume: 691,482 shs
• Market Capitalization: £3.16 million
• P/E Ratio: N/A
• Dividend Yield: 2.18%
• Price Target: N/A
• Consensus Rating: N/A

REE Stock Analysis - Frequently Asked Questions

How have REE shares performed this year?

Altona Rare Earths' stock was trading at GBX 1.50 on January 1st, 2025. Since then, REE stock has increased by 29.3% and is now trading at GBX 1.94.
View the best growth stocks for 2025 here.

How were Altona Rare Earths' earnings last quarter?

Altona Rare Earths Plc (LON:REE) released its quarterly earnings results on Monday, March, 31st. The company reported ($0.33) EPS for the quarter.

How do I buy shares of Altona Rare Earths?

Shares of REE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

Company Calendar

• Last Earnings: 3/31/2025
• Today: 5/29/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Automobiles And Trucks
• Current Symbol: LON:REE
• CIK: N/A
• Web: www.altonare.com
• Phone: (954) 907-2231
• Fax: N/A
• Employees: 270
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -£1.51 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -154.39%
• Return on Assets: -47.19%

Debt

• Debt-to-Equity Ratio: 19.38
• Current Ratio: 0.34
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 2 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 163,020,000
• Free Float: N/A
• Market Cap: £3.16 million
• Optionable: N/A
• Beta: -0.15