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  2. Altona Rare Earths PLC (REE)

1.43p+0.07 (+5.56%)17 Apr 2025, 15:54
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Altona Rare Earths PLC Fundamentals

Company NameAltona Rare Earths PLCLast Updated2025-04-17
IndustryOther Industrial Metals & MiningSectorBasic Materials
Shares in Issue163.016 mMarket Cap£2.32 m
PE Ratio0.00Dividend per Share0
Dividend Yield0Dividend Cover0
EPS-£0.02EPS Growth (%)0
PEG0DPS Growth (%)0
Debt Ratio0.4571Debt Equity Ratio0
Asset Equity Ratio2.1657Cash Equity Ratio0.1576
Quick Ratio0.1802Current Ratio0.29
Price To Book Value2.1177ROCE0

Altona Rare Earths PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total

Altona Rare Earths PLC Company Financials

Assets202420232022
Tangible Assets£1.72 m£1.44 m£1.04 m
Intangible Assets000
Investments000
Total Fixed Assets£1.72 m£1.44 m£1.04 m
Stocks000
Debtors£46,000.00£14,000.00£25,000.00
Cash & Equivalents£392,000.00£1.13 m£283,000.00
Other Assets000
Total Assets£2.29 m£2.73 m£1.44 m
Liabilities202420232022
Creditors within 1 year£947,000.00£849,000.00£314,000.00
Creditors after 1 year£322,000.000£77,000.00
Other Liabilities000
Total Liabilities£1.27 m£849,000.00£391,000.00
Net assets£1.02 m£1.89 m£1.05 m
Equity202420232022
Called up share capital£2.28 m£2.24 m£1.79 m
Share Premium£23.07 m£22.95 m£21.40 m
Profit / Loss-£1.67 m-£1.30 m-£801,000.00
Other Equity£1.12 m£1.98 m£1.07 m
Preference & Minorities-£97,000.00-£94,000.00-£20,000.00
Total Capital Employed£1.02 m£1.89 m£1.05 m
Ratios202420232022
Debt Ratio£0.2200
Debt-to-Equity£0.2900
Assets / Equity2.16572.16572.1657
Cash / Equity0.15760.15760.1576
EPS-£0.02-£0.03-£0.03
Cash Flow202420232022
Cash from operating activities-£987,000.00-£648,000.00-£832,000.00
Cashflow before financing-£370,000.00£1.35 m£722,000.00
Increase in Cash-£738,000.00£847,000.00-£153,000.00
Income202420232022
Turnover000
Cost of sales000
Gross Profit000
Operating Profit-£1.15 m-£1.12 m-£801,000.00
Pre-Tax profit-£1.67 m-£1.30 m-£801,000.00

Altona Rare Earths PLC Company Background

SectorBasic Materials
ActivitiesAltona Rare Earths PLC is engaged in discovering and exploration. The operating segments of the company includes Corporate and Administrative-including activities of raising finance and seeking new investment and exploration opportunities,all based in the UK; and Mineral Exploration that is all based in Northwest Mozambique. Rare Earth Elements (REE) are mainly used to produce permanent magnets used in wind turbines and in electric vehicles drive trains and as such are essential Critical Raw Materials for the Green Energy Transition. It generates maximum revenue from Corporate and Administrative Segment.
Latest Interim Date31 Mar 2025
Latest Fiscal Year End Date31 Oct 2024

Altona Rare Earths PLC Directors

AppointedNamePosition
2012-06-28Mr. Anthony John SamahaExecutive Director,Finance Director
2011-08-09Mr. Norman Lee KennedyNon-Executive Director,Technical Director
2015-04-17Mr. Christopher Walter LambertExecutive Director,Chief Executive Officer
2013-11-08Mr. Christopher John SchrapeExecutive Director,Managing Director
2019-01-29Mr. Phillip George SutherlandNon-Executive Director
2015-04-17Mr. Qiang Michael ZhengExecutive Director,Chief Executive Officer
2019-01-24Mr. Nicholas James Lyth Executive Director,Chief Executive Officer
2014-05-16Mr. Peter Michael John FagianoExecutive Director
2025-04-08Mr. Simon CharlesNon-Executive Director,Chairman
2023-06-01Mr. Qinfu ZhangExecutive Director
2020-03-20Mr. Chi MaNon-Executive Director
2019-01-25Mr. Robert Edward HalesNon-Executive Director
2023-10-27Mr. Christian Mark Taylor-Wilkinson Executive Director,Chief Executive Officer
2024-08-20Ms. Audrey Mamoshoeshoe MothupiNon-Executive Director
2024-08-09Mr. Martin John WoodNon-Executive Director,Chairman
2025-04-08Mr. Cedric Valery Gerard SimonetExecutive Director,Chief Executive Officer
2025-04-08Ms. Louise Lavinia Jillian AdrianExecutive Director,Chief Financial Officer
2025-04-08Mr. Kristoffer AnderssonNon-Executive Director

Altona Rare Earths PLC Contact Details

Company NameAltona Rare Earths PLC
Address30 Percy Street, Fitzrovia, London, W1T 2DB
Telephone
Websitehttps://www.altonare.com

Altona Rare Earths PLC Advisors

AuditorPKF Littlejohn
Phone+44 2075162200
Fax+44 2075162400
Nominated AdviserNorthland Capital Partners
Phone+44 2038616625
Fax+44 2076005975
StockbrokerNorthland Capital Partners
Phone+44 2038616625
Fax+44 2076005975
Financial PR AdviserLeander PR Limited
Phone+44 7795168157
SolicitorHerbert Smith Freehills LLP
Phone+61 392881234
Fax+61 392881567
SolicitorWatson Farley & Williams LLP
Phone+44 2078148000
Fax+44 2078148141
SolicitorRonaldsons
Phone+44 2075806075
Fax+44 2075807429
BankHSBC Bank PLC
RegistrarShare Registrars Limited
Phone+44 1252821390
Fax+44 1252719232

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