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RareX Limited (REE) AI Stock Analysis
RareX Limited
(ASX:REE)
The overall score is very low, driven primarily by the company's pre-revenue status and deeply negative financial performance, which is the most significant risk factor. Technical analysis confirms persistent bearish momentum with the stock trading below all major moving averages. The negative P/E ratio further underscores the lack of profitability. The debt-free balance sheet is the only relative strength but is insufficient to offset the severe operational and market challenges.
RareX Limited (REE) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 12.17M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.51M
- Price to Earnings (P/E)
- -2.4
- Beta (1Y)
- 3.02
- Revenue Growth
- ―
- EPS Growth
- -9.30%
- Country
- Australia
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
RareX Limited Business Overview & Revenue Model
Company Description
Incorporated in 2003 and based in Subiaco, Australia, RareX Limited is an Australian company focused on the exploration and development of various mineral assets. The firm's primary prospecting efforts target deposits of rare earth elements, nickel,...
How the Company Makes Money
null
RareX Limited Financial Statement Overview
Summary
Financial performance is very weak. The company is pre-revenue with deeply negative margins and cash flows, indicating a high-risk, speculative operation. The only mitigating factor is a debt-free balance sheet, which provides some financial flexibility but is being eroded by ongoing losses.
Income Statement
8Very NegativeBalance Sheet
65PositiveCash Flow
10Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 1.01M | 43.33K | 0 | 2.00M |
| Gross Profit | -56.95K | -56.95K | -620.18K | -1.42M | -136.75K | -1.50M |
| EBITDA | -5.91M | -5.91M | -2.64M | -3.94M | -10.75M | -10.61M |
| Net Income | -5.07M | -5.07M | -3.50M | -3.28M | -9.32M | -11.23M |
Balance Sheet | ||||||
| Total Assets | 7.39M | 7.39M | 4.48M | 5.48M | 7.66M | 11.83M |
| Cash, Cash Equivalents and Short-Term Investments | 4.04M | 4.04M | 1.75M | 1.94M | 4.31M | 8.23M |
| Total Debt | 0 | 0 | 8,637 | 9,426 | 240.12K | 323.13K |
| Total Liabilities | 785.05K | 785.05K | 700.81K | 1.01M | 2.14M | 2.26M |
| Stockholders Equity | 6.61M | 6.61M | 3.78M | 4.47M | 5.52M | 9.56M |
Cash Flow | ||||||
| Free Cash Flow | -4.52M | -4.52M | -2.71M | -4.18M | -7.58M | -6.54M |
| Operating Cash Flow | -4.51M | -4.51M | -2.71M | -4.18M | -7.39M | -6.48M |
| Investing Cash Flow | 249.15K | 249.15K | 0 | -1,011 | -211.47K | -50.78K |
| Financing Cash Flow | 6.56M | 6.56M | 2.56M | 1.75M | 3.68M | 10.28M |
RareX Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:REE, the sentiment is Negative. The current price of 0.01 is above the 20-day moving average (MA) of 0.01, equal to the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 41.76 is Neutral, neither overbought nor oversold. The STOCH value of is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:REE.
RareX Limited Peers Comparison
Overall Rating
AU:GT145Neutral
AU:HRE44Neutral- AU:REE42Neutral
AU:CMG40Underperform
AU:GRE40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:GT1 | 45Neutral | AUD 16.87M | -2.15 | -3.88% | ― | ― | 61.90% |
| AU:HRE | 44Neutral | AUD 8.41M | -3.85 | -232.72% | ― | ― | 66.06% |
| AU:REE | 42Neutral | AUD 10.95M | -2.37 | -83.24% | ― | ― | -9.30% |
| AU:CMG | 40Underperform | AUD 8.40M | -1.61 | -85.01% | ― | ― | -9.35% |
| AU:GRE | 40Underperform | AUD 12.03M | -1.42 | -26.48% | ― | ― | 79.00% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:REE | RareX Limited | 0.01 | -0.03 | -73.68% | |
| AU:GRE | Greentech Metals Ltd. | 0.03 | -0.03 | -48.39% | |
| AU:GT1 | Green Technology Metals Limited | 0.01 | -0.01 | -44.00% | |
| AU:HRE | Heavy Rare Earths Limited | 0.03 | -0.01 | -21.05% | |
| AU:CMG | Critical Minerals Group Ltd. | 0.06 | -0.11 | -63.53% | |
| AU:AXL | Axel REE Ltd. | 0.06 | -0.03 | -30.68% |
RareX Limited Corporate Events
RareX details corporate structure in 2026 annual report
RareX Limited has released its 2026 annual report, outlining its corporate structure and governance framework, including details of its board of directors and company secretary. The report also confirms its ASX listing, principal place of business an...
RareX uncovers broad copper zone at Niobe, expanding multi-commodity potential
RareX has reported the discovery of a 74-metre zone of anomalous copper sulphide mineralisation in drill hole KRC012 at the Niobe Prospect, with portable XRF readings indicating sustained copper enrichment and peaks above 0.5 per cent. The company ca...
RareX Clarifies Capital Structure After Lapse of Rights and Options
RareX Limited, listed on the ASX under the code REE, operates in the resources sector and is focused on the exploration and development of rare earth elements and related minerals. The company targets projects that supply critical materials for advan...
RareX Discloses Final Director Interest as Danny Goeman Departs Board
RareX Limited has notified the ASX that director Danny Goeman ceased to be a board member on 29 August 2026, triggering a final disclosure of his relevant interests in the company’s securities under listing rule 3.19A.3. The notice confirms his...
RareX Tightens Governance After Late Director Interest Disclosures
RareX Limited has disclosed that it lodged Appendices 3Y notices for Managing Director James Durrant and director Danny Goeman after the required ASX deadline, following the lapse of unvested performance rights and unlisted options earlier in 2026. T...
RareX Director Resigns but Stays on as Consultant
RareX Limited has announced the immediate resignation of Non-Executive Director Danny Goeman from its board, marking a change in the company’s governance structure. The board publicly acknowledged his leadership and contributions to RareX’...
RareX Advances Cummins Range, Khaleesi and Mrima Hill in Push for Critical Minerals Growth
RareX reported significant progress across its critical minerals portfolio in the June quarter, including key de-risking milestones at the Cummins Range rare earths project in Western Australia. With a mining lease granted, heritage agreements secure...
RareX sharpens diversified critical minerals strategy as Cummins Range advances
RareX Limited is reinforcing a diversified critical minerals strategy as it enters FY2027, built around the advanced Cummins Range rare earth and phosphate asset, a growing exploration pipeline at Khaleesi and Piper, and potential acquisition of the...
RareX expands capital base with compliant share issue to support critical minerals projects
RareX Limited has issued 3,750,000 new ordinary shares, confirming to the market that the placement was conducted without a prospectus under the Corporations Act’s low-disclosure provisions and that it remains compliant with key reporting and c...
RareX Seeks ASX Quotation for 3.75 Million New Shares Issued in Lieu of Cash Fee
RareX Limited has applied to the ASX for quotation of 3,750,000 ordinary fully paid shares to be issued on July 13, 2026. The shares are being issued in lieu of a cash fee, underscoring the company’s use of equity-based arrangements to settle o...
RareX Metallurgy Boosts Cummins Range Rare Earths and Gallium Potential
RareX has reported its strongest metallurgical results to date from the Cummins Range project, with SGS Lakefield flotation testwork delivering a 9.5-times upgrade to a 25.15% total rare earth oxide grade from high-grade feed. The rougher concentrate...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 02, 2026