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11.50p+0.00 (+0.00%)28 Nov 2024, 14:00
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Rainbow Rare Earths Limited Fundamentals
| Company Name | Rainbow Rare Earths Limited | Last Updated | 2024-11-28 |
|---|---|---|---|
| Industry | Other Industrial Metals & Mining | Sector | Basic Materials |
| Shares in Issue | 643.688 m | Market Cap | £74.02 m |
| PE Ratio | 0.00 | Dividend per Share | 0 |
| Dividend Yield | 0 | Dividend Cover | 0 |
| EPS | -$0.01 | EPS Growth (%) | 0 |
| PEG | 0 | DPS Growth (%) | 0 |
| Debt Ratio | 0.0325 | Debt Equity Ratio | 0.0149 |
| Asset Equity Ratio | 1.1759 | Cash Equity Ratio | 0.0057 |
| Quick Ratio | 0.0509 | Current Ratio | 0.21 |
| Price To Book Value | 5.8720 | ROCE | 0 |
Rainbow Rare Earths Limited Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|
Rainbow Rare Earths Limited Company Financials
| Assets | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible Assets | $15.82 m | $4.90 m | $11.74 m | $11.18 m |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Total Fixed Assets | $15.82 m | $4.90 m | $11.74 m | $11.18 m |
| Stocks | $1,000.00 | $718,000.00 | $858,000.00 | $863,000.00 |
| Debtors | $30,000.00 | $2,000.00 | $112,000.00 | $181,000.00 |
| Cash & Equivalents | $79,000.00 | $8.11 m | $4.13 m | $573,000.00 |
| Other Assets | 0 | 0 | 0 | 0 |
| Total Assets | $16.27 m | $14.09 m | $17.13 m | $13.05 m |
| Liabilities | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Creditors within 1 year | $2.14 m | $1.47 m | $1.18 m | $2.25 m |
| Creditors after 1 year | $291,000.00 | $361,000.00 | $660,000.00 | $792,000.00 |
| Other Liabilities | 0 | 0 | 0 | 0 |
| Total Liabilities | $2.43 m | $1.83 m | $1.84 m | $3.05 m |
| Net assets | $13.84 m | $12.25 m | $15.30 m | $10.01 m |
| Equity | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Called up share capital | $56.36 m | $50.94 m | $41.44 m | $32.47 m |
| Share Premium | 0 | 0 | 0 | 0 |
| Profit / Loss | -$4.26 m | -$12.87 m | -$3.98 m | -$2.74 m |
| Other Equity | $15.85 m | $14.17 m | $16.34 m | $10.94 m |
| Preference & Minorities | -$2.01 m | -$1.92 m | -$1.04 m | -$936,000.00 |
| Total Capital Employed | $13.84 m | $12.25 m | $15.30 m | $10.01 m |
| Ratios | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Debt Ratio | $0.01 | $0.02 | $0.04 | $0.06 |
| Debt-to-Equity | $0.01 | $0.02 | $0.04 | $0.07 |
| Assets / Equity | 1.1759 | 1.1759 | 1.1759 | 1.1759 |
| Cash / Equity | 0.0057 | 0.0057 | 0.0057 | 0.0057 |
| EPS | -$0.01 | $-0.00 | -$0.01 | -$0.01 |
| Cash Flow | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Cash from operating activities | -$2.64 m | -$2.77 m | -$2.85 m | -$1.87 m |
| Cashflow before financing | $2.61 m | $6.54 m | $4.78 m | $2.45 m |
| Increase in Cash | -$8.02 m | $4.00 m | $3.90 m | -$266,000.00 |
| Income | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | $639,000.00 |
| Cost of sales | 0 | 0 | 0 | $639,000.00 |
| Gross Profit | 0 | 0 | 0 | 0 |
| Operating Profit | -$4.28 m | -$13.08 m | -$3.65 m | -$2.71 m |
| Pre-Tax profit | -$4.26 m | -$12.87 m | -$3.98 m | -$2.74 m |
Rainbow Rare Earths Limited Company Background
| Sector | Basic Materials |
|---|---|
| Activities | Rainbow Rare Earths Ltd 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 magnet rare earth elements neodymium & praseodymium, dysprosium& terbium. It is focused on the development of the Phalaborwa Project and the earlier stage Uberaba Project. Both projects entail the recovery of rare earths from phosphogypsum stacks that occur as the by-product of phosphoric acid production, with the original source rock for both deposits being a hardrock carbonatite. |
| Latest Interim Date | 28 Mar 2024 |
| Latest Fiscal Year End Date | 18 Oct 2024 |
Rainbow Rare Earths Limited Directors
| Appointed | Name | Position |
|---|---|---|
| 2024-09-07 | Mr. Adonis Pouroulis | Non-Executive Director,Chairman |
| 2022-01-20 | Mr. Robert Archibald Gilchrist Sinclair | Non-Executive Director |
| 2024-09-07 | Mr. George Sidney John Bennett | Executive Director,Chief Executive Officer |
| 2024-10-18 | Mr. Darryll J. Castle | Non-Executive Director |
| 2024-09-07 | Mr. Shawn Harold McCormick | Non-Executive Director |
| 2024-09-07 | Mr. Atul Bali | Non-Executive Director |
| 2019-08-28 | Mr. Martin Wentworth Eales | Executive Director,Chief Executive Officer |
| 2024-09-07 | Mr. Alexander Lowrie | Non-Executive Director |
| 2024-09-07 | Ambassador J. Peter Pham | Non-Executive Director |
Rainbow Rare Earths Limited Contact Details
| Company Name | Rainbow Rare Earths Ltd |
|---|---|
| Address | Trafalgar Court, Second Floor, East Wing, Admiral Park, St Peter Port, GY1 3EL |
| Telephone | |
| Website | https://www.rainbowrareearths.com |
Rainbow Rare Earths Limited Advisors
| Financial PR Adviser | St Brides Partners |
|---|---|
| Phone | +44 2072361177 |
| Fax | +44 2072361188 |
| Solicitor | Memery Crystal |
|---|---|
| Phone | +44 2072425905 |
| Fax | +44 2072422058 |
| Registrar | Computershare Investor Services (Guernsey) Ltd |
|---|
| Auditor | BDO LLP |
|---|---|
| Phone | +44 2074865888 |
| Fax | +44 2074873686 |
| Solicitor | Mourant Ozannes |
|---|---|
| Phone | +44 1481723466 |
| Fax | +44 1481727935 |
| Solicitor | Legal Solution Chambers |
|---|
| Solicitor | Walkers |
|---|---|
| Phone | +44 2072204999 |
| Fax | +44 2072204998 |
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