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1.60p+0.15 (+10.34%)24 Dec 2024, 11:36
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Altona Rare Earths PLC Fundamentals
| Company Name | Altona Rare Earths PLC | Last Updated | 2024-12-24 |
|---|---|---|---|
| Industry | Other Industrial Metals & Mining | Sector | Basic Materials |
| Shares in Issue | 163.016 m | Market Cap | £2.61 m |
| PE Ratio | 0.00 | Dividend per Share | 0 |
| Dividend Yield | 0 | Dividend Cover | 0 |
| EPS | -£0.02 | EPS Growth (%) | 0 |
| PEG | 0 | DPS Growth (%) | 0 |
| Debt Ratio | 0.2987 | Debt Equity Ratio | 0.2880 |
| Asset Equity Ratio | 2.2429 | Cash Equity Ratio | 0.3839 |
| Quick Ratio | 0.4625 | Current Ratio | 0.60 |
| Price To Book Value | 2.3332 | ROCE | 0 |
Altona Rare Earths PLC Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|
Altona Rare Earths PLC Company Financials
| Assets | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible Assets | £1.72 m | £1.44 m | £1.04 m | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Total Fixed Assets | £1.72 m | £1.44 m | £1.04 m | 0 |
| Stocks | 0 | 0 | 0 | 0 |
| Debtors | £46,000.00 | £14,000.00 | £25,000.00 | £18,000.00 |
| Cash & Equivalents | £392,000.00 | £1.13 m | £283,000.00 | £436,000.00 |
| Other Assets | 0 | 0 | 0 | 0 |
| Total Assets | £2.29 m | £2.73 m | £1.44 m | £457,000.00 |
| Liabilities | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Creditors within 1 year | £947,000.00 | £849,000.00 | £314,000.00 | £321,000.00 |
| Creditors after 1 year | £322,000.00 | 0 | £77,000.00 | 0 |
| Other Liabilities | 0 | 0 | 0 | 0 |
| Total Liabilities | £1.27 m | £849,000.00 | £391,000.00 | £321,000.00 |
| Net assets | £1.02 m | £1.89 m | £1.05 m | £136,000.00 |
| Equity | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Called up share capital | £2.28 m | £2.24 m | £1.79 m | £1.63 m |
| Share Premium | £23.07 m | £22.95 m | £21.40 m | £19.87 m |
| Profit / Loss | -£1.67 m | -£1.30 m | -£801,000.00 | -£733,000.00 |
| Other Equity | £1.12 m | £1.98 m | £1.07 m | £136,000.00 |
| Preference & Minorities | -£97,000.00 | -£94,000.00 | -£20,000.00 | 0 |
| Total Capital Employed | £1.02 m | £1.89 m | £1.05 m | £136,000.00 |
| Ratios | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Debt Ratio | £0.22 | 0 | 0 | 0 |
| Debt-to-Equity | £0.29 | 0 | 0 | 0 |
| Assets / Equity | 2.2429 | 2.2429 | 2.2429 | 2.2429 |
| Cash / Equity | 0.3839 | 0.3839 | 0.3839 | 0.3839 |
| EPS | -£0.02 | -£0.03 | -£0.03 | -£0.08 |
| Cash Flow | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Cash from operating activities | -£987,000.00 | -£648,000.00 | -£832,000.00 | -£528,000.00 |
| Cashflow before financing | -£370,000.00 | £1.35 m | £722,000.00 | £436,000.00 |
| Increase in Cash | -£738,000.00 | £847,000.00 | -£153,000.00 | £436,000.00 |
| Income | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 |
| Cost of sales | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 |
| Operating Profit | -£1.15 m | -£1.12 m | -£801,000.00 | -£729,000.00 |
| Pre-Tax profit | -£1.67 m | -£1.30 m | -£801,000.00 | -£733,000.00 |
Altona Rare Earths PLC Company Background
| Sector | Basic Materials |
|---|---|
| Activities | Altona 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 Date | 28 Mar 2024 |
| Latest Fiscal Year End Date | 31 Oct 2024 |
Altona Rare Earths PLC Directors
| Appointed | Name | Position |
|---|---|---|
| 2012-06-28 | Mr. Anthony John Samaha | Executive Director,Finance Director |
| 2011-08-09 | Mr. Norman Lee Kennedy | Non-Executive Director,Technical Director |
| 2015-04-17 | Mr. Christopher Walter Lambert | Executive Director,Chief Executive Officer |
| 2013-11-08 | Mr. Christopher John Schrape | Executive Director,Managing Director |
| 2019-01-29 | Mr. Phillip George Sutherland | Non-Executive Director |
| 2015-04-17 | Mr. Qiang Michael Zheng | Executive Director,Chief Executive Officer |
| 2019-01-24 | Mr. Nicholas James Lyth | Executive Director,Chief Executive Officer |
| 2014-05-16 | Mr. Peter Michael John Fagiano | Executive Director |
| 2024-10-31 | Mr. Simon Charles | Non-Executive Director,Chairman |
| 2023-06-01 | Mr. Qinfu Zhang | Executive Director |
| 2020-03-20 | Mr. Chi Ma | Non-Executive Director |
| 2019-01-25 | Mr. Robert Edward Hales | Non-Executive Director |
| 2023-10-27 | Mr. Christian Mark Taylor-Wilkinson | Executive Director,Chief Executive Officer |
| 2024-08-20 | Ms. Audrey Mamoshoeshoe Mothupi | Non-Executive Director |
| 2024-08-09 | Mr. Martin John Wood | Non-Executive Director,Chairman |
| 2024-11-13 | Mr. Cedric Valery Gerard Simonet | Executive Director,Chief Executive Officer |
| 2024-11-13 | Ms. Louise Lavinia Jillian Adrian | Executive Director,Chief Financial Officer |
Altona Rare Earths PLC Contact Details
| Company Name | Altona Rare Earths PLC |
|---|---|
| Address | 30 Percy Street, Fitzrovia, London, W1T 2DB |
| Telephone | |
| Website | https://www.altonare.com |
Altona Rare Earths PLC Advisors
| Auditor | PKF Littlejohn |
|---|---|
| Phone | +44 2075162200 |
| Fax | +44 2075162400 |
| Nominated Adviser | Northland Capital Partners |
|---|---|
| Phone | +44 2038616625 |
| Fax | +44 2076005975 |
| Stockbroker | Northland Capital Partners |
|---|---|
| Phone | +44 2038616625 |
| Fax | +44 2076005975 |
| Financial PR Adviser | Leander PR Limited |
|---|---|
| Phone | +44 7795168157 |
| Solicitor | Herbert Smith Freehills LLP |
|---|---|
| Phone | +61 392881234 |
| Fax | +61 392881567 |
| Solicitor | Watson Farley & Williams LLP |
|---|---|
| Phone | +44 2078148000 |
| Fax | +44 2078148141 |
| Solicitor | Ronaldsons |
|---|---|
| Phone | +44 2075806075 |
| Fax | +44 2075807429 |
| Bank | HSBC Bank PLC |
|---|
| Registrar | Share Registrars Limited |
|---|---|
| Phone | +44 1252821390 |
| Fax | +44 1252719232 |
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