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Australian Rare Earths Limited
(Sydney:AR3)
Australian Rare Earths Limited (AR3) vs. iShares MSCI Australia ETF (EWA)
Australian Rare Earths Limited Business Overview & Revenue Model
Australian Rare Earths Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 222.15K | 0.00 | 0.00 | 66.70K | 0.00 |
| Gross Profit | 222.15K | -221.00K | -60.85K | 22.95K | 0.00 |
| EBITDA | -3.40M | -3.23M | -2.36M | -5.33M | 4.00K |
| Net Income | -3.48M | -3.45M | -2.42M | -5.37M | -587.00K |
Balance Sheet | |||||
| Total Assets | 25.08M | 23.76M | 26.96M | 18.48M | 13.15M |
| Cash, Cash Equivalents and Short-Term Investments | 4.91M | 7.61M | 14.98M | 12.62M | 12.08M |
| Total Debt | 520.17K | 643.75K | 224.51K | 62.23K | 0.00 |
| Total Liabilities | 2.27M | 1.69M | 2.07M | 1.26M | 1.18M |
| Stockholders Equity | 22.81M | 22.08M | 24.89M | 17.22M | 11.97M |
Cash Flow | |||||
| Free Cash Flow | -6.83M | -7.26M | -7.95M | -6.09M | -1.10M |
| Operating Cash Flow | -1.33M | -2.40M | -2.10M | -1.69M | -214.90K |
| Investing Cash Flow | -4.77M | -4.89M | -5.89M | -4.49M | -893.64K |
| Financing Cash Flow | 3.40M | -86.28K | 10.36M | 6.71M | 13.18M |
Australian Rare Earths Limited Technical Analysis
Australian Rare Earths Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$26.22M | -10.53 | -11.09% | ― | ― | 36.67% | |
46 Neutral | AU$44.60M | -8.62 | -15.50% | ― | ― | 3.79% | |
46 Neutral | AU$8.03M | -1.41 | -217.79% | ― | ― | 43.46% | |
45 Neutral | AU$25.29M | -0.34 | -121.41% | ― | ― | -1034.67% | |
43 Neutral | AU$26.68M | -5.12 | -84.97% | ― | -100.00% | 8.51% | |
41 Neutral | AU$41.42M | -6.23 | -5.81% | ― | -67.81% | -244.10% |
Australian Rare Earths Limited Corporate Events
Australian Rare Earths has received a further A$960,000 under the Australian Government’s International Partnerships in Critical Minerals program, lifting total grant receipts to A$2.75 million and underpinning ongoing work at its flagship Koppamurra rare earths project. The funding underscores growing government backing for domestic rare earth supply as the sector gains strategic importance.
At Koppamurra, metallurgical optimisation with ANSTO is delivering better leach kinetics, recoveries and reagent efficiency, allowing AR3 to finalise and de-risk its processing flowsheet ahead of pilot operations. A pre-feasibility study is in its final stages for release in the June quarter of 2026, alongside a pilot plant set to process about 30 tonnes of clay into mixed rare earth oxide and a mining lease application targeted for submission the same year, marking key steps toward potential development.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has applied to the ASX for quotation of 31,688 new ordinary fully paid shares. The securities, issued on 9 February 2026, arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s quoted share capital and broadening the pool of tradable stock for investors.
The additional shares are relatively small in number, indicating only a minor dilution for existing shareholders while still supporting capital structure flexibility. This incremental issuance reflects routine corporate activity for a growth-focused resources company seeking to maintain access to equity markets as it advances its rare earth projects.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has issued 32,378,388 fully paid ordinary shares via a placement completed on 6 February 2026, following an earlier market announcement on 30 January 2026. The company confirmed that the capital raising was conducted without a prospectus under the relevant Corporations Act provisions and affirmed it remains compliant with its continuous disclosure and financial reporting obligations, with no excluded information outstanding, reinforcing transparency for existing and new shareholders.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has applied to the ASX for quotation of 32,378,388 new fully paid ordinary shares, expanding its listed securities on the exchange as of 6 February 2026. The additional stock issuance, arising from previously announced transactions, increases the company’s equity base and may enhance liquidity in its shares, supporting funding flexibility as it advances its rare earths exploration and development strategy in a competitive critical minerals sector.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has announced that Managing Director and CEO Travis Beinke will host a quarterly investor webinar to discuss the company’s recent quarterly results and a recent capital raising. The session, scheduled for 4 February 2026 at midday AEDT, invites shareholders and other interested parties to register in advance and submit questions, signalling the company’s focus on maintaining transparent communication and active engagement with its investor base following its latest financial and funding developments.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has applied to the ASX for quotation of 49,834 new fully paid ordinary shares, to be issued on 30 January 2026 following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted capital reflects ongoing shareholder participation in the company’s equity instruments and slightly broadens its free float, with limited but incremental impact on its capital structure and market liquidity.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited reported strong quarterly progress at its Koppamurra Rare Earths Project, becoming the first industry partner to access ANSTO’s new continuous pilot-scale rare earth processing facility, which is expected to reduce capital costs and accelerate development. South Australia’s Department for Energy and Mining approved a scoping report that clarifies environmental and social study requirements, streamlining approvals, while pre-feasibility work advances toward pilot operations in the June 2026 quarter and a definitive feasibility study later in 2026; test work has also confirmed a viable, low-risk flowsheet to produce high-purity mixed rare earth oxide, a product already attracting early market interest. At its Overland Uranium Project, the company completed 45 drill holes under the 2025 campaign, identified a compelling in-situ recovery–amenable uranium target in EL7001 and secured a new licence with additional uranium targets, reinforcing its broader critical minerals growth pipeline. Financially, AR3 ended December 2025 with $2.3 million in cash, received option exercise proceeds and an R&D tax refund, secured a further $6 million via a post‑quarter placement, and expects additional government grant funding in 2026, collectively providing a stronger runway to advance feasibility studies, pilot operations and regulatory approvals while pursuing strategic partnerships and offtake opportunities.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has requested and received a trading halt on its securities pending the release of an announcement regarding a material capital raising. The halt, effective from 29 January 2026, will remain in place until either the company issues its capital-raising announcement or normal trading resumes on 2 February 2026, signalling that AR3 is preparing to secure significant new funding that could influence its development plans and market positioning.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has applied to the ASX for quotation of 30,000 new ordinary fully paid shares under the code AR3, with an issue date of 22 January 2026. The small issuance, arising from the exercise or conversion of existing securities, marginally increases the company’s quoted capital base and reflects ongoing equity-related activity but does not represent a material change to its capital structure or strategic direction.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths has reported a key metallurgical breakthrough at its Koppamurra project, confirming a viable, low-risk processing route to produce high-purity Mixed Rare Earth Oxide via an oxalic acid precipitation pathway. Testwork delivered 99.9% rare earth recovery with strong impurity rejection and an initial MREO product projected at 98.6% purity (REO plus yttrium oxide), featuring a magnet-rich assemblage and other strategically constrained elements such as yttrium, gadolinium, samarium and lutetium. The company says this oxalate-based route is simpler and more attractive than mixed rare earth carbonate flowsheets pursued by many western ionic clay projects, improving downstream handling, transport costs and product quality for customers. The work, generated from a three-tonne bulk heap leach campaign, demonstrates a complete, scalable pathway from ore through to saleable intermediates, and ongoing optimisation with ANSTO will feed into the Koppamurra pre-feasibility study, strengthening AR3’s positioning as a potential geopolitically significant, non-Chinese rare earth supply option.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has applied for quotation on the ASX of 66,177 new fully paid ordinary shares, issued following the exercise or conversion of existing options or other convertible securities. The modest expansion of the company’s quoted capital base reflects ongoing shareholder participation in its equity and may slightly increase liquidity in the stock without materially altering its overall capital structure.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has applied to the ASX for quotation of 208,945 new fully paid ordinary shares under code AR3, following the issue of these securities on 19 December 2025. The modest increase in quoted capital reflects the conversion or exercise of existing securities and marginally broadens the company’s tradable share base, with limited immediate dilution but signalling ongoing capital structuring as the company advances its rare earths portfolio.
Australian Rare Earths Limited has announced the quotation of 91,667 fully paid ordinary securities on the ASX, effective December 17, 2025. This move is part of the company’s strategy to enhance its financial flexibility and support its growth initiatives in the rare earths sector, potentially impacting its market position and offering new opportunities for stakeholders.
Australian Rare Earths Limited announced a change in the director’s interest, as Pauline Carr, the sole director of Equinalia Pty Ltd and Equinas Apache Pty Ltd, has seen the expiry of 500,000 unlisted options. This change reflects the ongoing management of the company’s securities and may impact the company’s stock options strategy, potentially influencing investor perceptions and market positioning.
Australian Rare Earths Limited has announced a change in the director’s interest, with Angus Jack Rutherford Barker acquiring 1,500,000 unlisted options expiring in November 2028. This change reflects strategic adjustments in the company’s governance and may influence its future operational strategies and stakeholder interests.
Australian Rare Earths Limited has announced the quotation of 75,229 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 2, 2025. This move is part of the company’s strategy to enhance its market presence and potentially increase liquidity, which could have positive implications for its stakeholders and overall industry positioning.
Australian Rare Earths Limited has announced a significant regulatory milestone for its Koppamurra Project with the publication of a scoping report by South Australia’s Department for Energy and Mining. This report outlines the necessary environmental, social, and technical studies required before a Mining Lease application, reducing potential delays and ensuring a structured approach to project development. The scoping report is a critical step in the approvals process, enhancing transparency and stakeholder alignment, and positioning Koppamurra as a leading ionic clay rare earth project in Australia with the potential to supply critical minerals to global markets.
Australian Rare Earths Limited (AR3) has announced its strategic partnership with the Australian Nuclear Science and Technology Organisation (ANSTO) to utilize their new pilot-scale rare earth processing facility. This collaboration marks a significant milestone for AR3, allowing the company to advance its Koppamurra Project by processing 25 tonnes of ore to produce 35kg of Mixed Rare Earth Carbonate (MREC). The initiative is supported by a $5 million Australian Government grant, underscoring national efforts to bolster domestic rare earth supply chains. This development not only accelerates AR3’s commercial pathway but also strengthens Australia’s position in the global rare earth market, aligning with national economic and strategic priorities.