Australian Rare Earths Limited (AU:AR3)
ASX:AR3
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Australian Rare Earths Limited
(Sydney:AR3)
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Rating:46Neutral
Price Target:
AU$0.13
â–¼(-34.00% Downside)
Action:ReiteratedDate:02/06/26
The score is held down primarily by weak financial performance—persistent losses and heavy negative free cash flow indicating continued funding needs—despite a low-debt balance sheet. Technicals further pressure the score as price is below key moving averages with negative MACD. Valuation provides limited support because the P/E is negative and there is no dividend yield data.
Positive Factors
Low leverage / strong balance sheet
Very low debt relative to equity gives the company durable financial flexibility over the next 2–6 months to fund exploration and studies without immediate creditor pressure. This reduces solvency risk, preserves optionality for JVs or farm-outs and supports longer-term project advancement.
Negative Factors
Persistent operating losses
Sustained net losses and negative operating profitability indicate the company is not yet generating earnings capacity. Over a 2–6 month horizon this continues to erode equity value, increase pressure to raise capital, and lengthen the timeline before projects can contribute positively to earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low debt relative to equity gives the company durable financial flexibility over the next 2–6 months to fund exploration and studies without immediate creditor pressure. This reduces solvency risk, preserves optionality for JVs or farm-outs and supports longer-term project advancement.
Read all positive factors
Australian Rare Earths Limited (AR3) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$34.49M
Dividend YieldN/A
Average Volume (3M)1.83M
Price to Earnings (P/E)―
Beta (1Y)1.78
Revenue GrowthN/A
EPS Growth3.79%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding255,499,680
10 Day Avg. Volume4,438,561
30 Day Avg. Volume1,827,049
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.39
Price to Sales (P/S)39.90
P/FCF Ratio-1.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Australian Rare Earths Limited Business Overview & Revenue Model
Company Description
Australian Rare Earths Limited engages in the exploration and development of rare earths mineral resource opportunities in Australia. Its flagship project is the Koppamurra project located in South Australia and Victoria. The company was formerly ...
How the Company Makes Money
As an exploration and development-stage company, AR3’s ability to generate operating revenue from product sales is not publicly evidenced as recurring and may be null. The company typically funds its activities through capital raising (e.g., issui...
Australian Rare Earths Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
71
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 222.15K | 0.00 | 0.00 | 66.70K | 0.00 |
| Gross Profit | -220.65K | 222.15K | -221.00K | -60.85K | 22.95K | 0.00 |
| EBITDA | -4.45M | -3.40M | -3.23M | -2.36M | -5.33M | 4.00K |
| Net Income | -4.40M | -3.48M | -3.45M | -2.42M | -5.37M | -587.00K |
Balance Sheet | ||||||
| Total Assets | 24.41M | 25.08M | 23.76M | 26.96M | 18.48M | 13.15M |
| Cash, Cash Equivalents and Short-Term Investments | 2.16M | 4.91M | 7.61M | 14.98M | 12.62M | 12.08M |
| Total Debt | 451.96K | 520.17K | 643.75K | 224.51K | 62.23K | 0.00 |
| Total Liabilities | 2.17M | 2.27M | 1.69M | 2.07M | 1.26M | 1.18M |
| Stockholders Equity | 22.25M | 22.81M | 22.08M | 24.89M | 17.22M | 11.97M |
Cash Flow | ||||||
| Free Cash Flow | -967.09K | -6.83M | -7.26M | -7.95M | -6.09M | -1.10M |
| Operating Cash Flow | -956.90K | -1.33M | -2.40M | -2.10M | -1.69M | -214.90K |
| Investing Cash Flow | -6.64M | -4.77M | -4.89M | -5.89M | -4.49M | -893.64K |
| Financing Cash Flow | 4.44M | 3.40M | -86.28K | 10.36M | 6.71M | 13.18M |
Australian Rare Earths Limited Technical Analysis
Negative
0.20
Price Trends
0.17
Negative
0.19
Negative
0.16
Negative
Market Momentum
>-0.01
Positive
40.01
Neutral
25.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AR3, the sentiment is Negative. The current price of 0.2 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.17, and above the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.01 is Neutral, neither overbought nor oversold. The STOCH value of 25.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:AR3.
Australian Rare Earths Limited Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
49 Neutral | AU$18.35M | -4.44 | -9.05% | ― | ― | 36.67% | |
46 Neutral | AU$34.49M | -4.34 | -19.53% | ― | ― | 3.79% | |
43 Neutral | AU$8.13M | -0.86 | -330.25% | ― | ― | 43.46% | |
43 Neutral | AU$30.77M | -2.58 | -5.94% | ― | -67.81% | -244.10% | |
42 Neutral | AU$18.00M | -2.74 | -19.15% | ― | ― | -1034.67% | |
41 Neutral | AU$20.62M | -7.09 | -51.58% | ― | -100.00% | 8.51% |
* Basic Materials Sector Average
AU:AR3
Australian Rare Earths Limited
0.14
0.06
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Widgie Nickel Limited
0.02
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0.02
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CropLogic Ltd.
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Vital Metals Ltd
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Rafaella Resources Ltd.
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<0.01
40.00%
Australian Rare Earths Limited Corporate Events
Australian Rare Earths Sets Virtual General Meeting as It Advances Critical Minerals Projects
Mar 24, 2026
Australian Rare Earths Limited has called a virtual general meeting for 21 April 2026, with the notice and explanatory memorandum available online via its website and the ASX platform. Shareholders will receive meeting documents electronically by ...
Australian Rare Earths Seeks Quotation for 662,508 New Ordinary Shares
Mar 10, 2026
Australian Rare Earths Limited has applied to the ASX for quotation of 662,508 new ordinary fully paid shares. The securities, issued on March 10, 2026 following the exercise or conversion of existing instruments, modestly increase the companyR...
Australian Rare Earths Director Updates Equity Holdings After Option Lapse
Mar 5, 2026
Australian Rare Earths Limited has reported a change in director Angus Jack Rutherford Barker’s interests, following the lapse of 500,000 unlisted options with an exercise price of $0.47 that were due to expire on 28 February 2026. Barker co...
Australian Rare Earths Options Lapse Without Exercise, Clarifying Capital Structure
Mar 5, 2026
Australian Rare Earths Limited has reported the cessation of 500,000 options with an exercise price of $0.4671, which expired unexercised on 2 March 2026. The expiry of these options marginally reduces the company’s potential future share di...
Australian Rare Earths to Restart Uranium Drilling at Overland in April 2026
Mar 4, 2026
Australian Rare Earths has secured regulatory approval to restart uranium drilling at its Overland Project in South Australia, with a contractor engaged and mobilisation set for April 2026. The program will test two large sedimentary-hosted uraniu...
AR3 Secures More Government Funding as Koppamurra Rare Earths Project Advances
Feb 19, 2026
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 K...
Australian Rare Earths Adds Modest Parcel of New Shares to ASX Quotation
Feb 9, 2026
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, mod...
Australian Rare Earths Confirms Compliance Following $32m-Share Placement
Feb 6, 2026
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...
Australian Rare Earths Seeks ASX Quotation for 32.4 Million New Shares
Feb 6, 2026
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 announc...
Australian Rare Earths Schedules Investor Webinar on Quarterly Results and Capital Raise
Feb 2, 2026
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 Feb...
Australian Rare Earths Seeks ASX Quotation for New Batch of Ordinary Shares
Jan 30, 2026
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 incr...
Australian Rare Earths Fast-Tracks Koppamurra With ANSTO Pilot Access and Capital Injection
Jan 30, 2026
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 re...
Australian Rare Earths Halts Trading Ahead of Material Capital Raising
Jan 29, 2026
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...
Australian Rare Earths Seeks ASX Quotation for Additional 30,000 Shares
Jan 22, 2026
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 securit...
Australian Rare Earths Defines High-Purity MREO Pathway at Koppamurra
Jan 19, 2026
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 deliver...
Australian Rare Earths Seeks ASX Quotation for Additional Ordinary Shares
Jan 9, 2026
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 company̵...
Glossary
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Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.