Ionic Rare Earths (IXR) Stock Overview
Engages in the mining, refining, and recycling of magnet and heavy rare earth elements in Australia, Uganda, and United Kingdom. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
IXR Community Fair Values
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Top Community Narratives
Why this rare earths stock could make millions without mining an ounce
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Ionic Rare Earths Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.48 |
| 52 Week High | AU$1.05 |
| 52 Week Low | AU$0.26 |
| Beta | 0.42 |
| 1 Month Change | 74.55% |
| 3 Month Change | 28.00% |
| 1 Year Change | 6.67% |
| 3 Year Change | -30.43% |
| 5 Year Change | -56.76% |
| Change since IPO | -99.40% |
Recent News & Updates
Recent updates
IXR has a Plan to Bypass China's REE Separation Moat.
Scaling China’s Rare Earths Wall The ASX Disruptor Rewiring Rare Earth Supply Chains This article is for general information only and is not personal financial advice. By Izaac Ronay We’re at war!Here's Why We're Watching Ionic Rare Earths' (ASX:IXR) Cash Burn Situation
There's no doubt that money can be made by owning shares of unprofitable businesses. Indeed, Ionic Rare Earths...Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans
Just because a business does not make any money, does not mean that the stock will go down. For example, although...Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans
We can readily understand why investors are attracted to unprofitable companies. For example, Ionic Rare Earths...We're Hopeful That Ionic Rare Earths (ASX:IXR) Will Use Its Cash Wisely
Just because a business does not make any money, does not mean that the stock will go down. Indeed, Ionic Rare Earths...Is Ionic Rare Earths (ASX:IXR) In A Good Position To Deliver On Growth Plans?
Just because a business does not make any money, does not mean that the stock will go down. Indeed, Ionic Rare Earths...Shareholder Returns
| IXR | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 21.5% | -0.08% | 0.003% |
| 1Y | 6.7% | 35.3% | -2.0% |
Return vs Industry: IXR underperformed the Australian Metals and Mining industry which returned 35.3% over the past year.
Return vs Market: IXR matched the Australian Market which returned -2% over the past year.
Price Volatility
| IXR volatility | |
|---|---|
| IXR Average Weekly Movement | 11.8% |
| Metals and Mining Industry Average Movement | 11.0% |
| Market Average Movement | 9.5% |
| 10% most volatile stocks in AU Market | 16.6% |
| 10% least volatile stocks in AU Market | 3.9% |
Stable Share Price: IXR has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: IXR's weekly volatility (12%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | n/a | Tim Harrison | ionicre.com.au |
Ionic Rare Earths Limited engages in the mining, refining, and recycling of magnet and heavy rare earth elements in Australia, Uganda, and United Kingdom. Its flagship project is the Makuutu rare earths project that comprises six licenses covering an area of approximately 300 square kilometers located in Uganda. The company refines and recycles magnet and heavy rare earth elements for energy transition, manufacturing, and defense sectors.
Ionic Rare Earths Limited Fundamentals Summary
| IXR fundamental statistics | |
|---|---|
| Market cap | AU$108.77m |
| Earnings (TTM) | -AU$14.91m |
| Revenue (TTM) | AU$1.85m |
Is IXR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IXR income statement (TTM) | |
|---|---|
| Revenue | AU$1.85m |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$1.85m |
| Other Expenses | AU$16.76m |
| Earnings | -AU$14.91m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.066 |
| Gross Margin | 100.00% |
| Net Profit Margin | -807.29% |
| Debt/Equity Ratio | 0% |
How did IXR perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 07:22 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ionic Rare Earths Limited is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ACF Equity Research Limited |
| Michael Bentley | MST Financial Services Pty Limited |
| Kieron Hodgson | Peel Hunt LLP |