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Citius Resources PLC
(LSE:HREE)
Citius Resources PLC (HREE) vs. iShares MSCI United Kingdom ETF (EWC)
Citius Resources PLC Business Overview & Revenue Model
Citius Resources PLC Financial Statement Overview
| Breakdown | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | ― | 0.00 | 0.00 |
| EBITDA | -392.02K | -444.29K | 0.00 | -158.61K |
| Net Income | -392.02K | -444.29K | -259.69K | -158.61K |
Balance Sheet | ||||
| Total Assets | 42.49K | 412.10K | 385.89K | 385.89K |
| Cash, Cash Equivalents and Short-Term Investments | 33.97K | 154.76K | 367.89K | 367.89K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 141.64K | 119.22K | 244.50K | 244.50K |
| Stockholders Equity | -99.14K | 292.88K | 141.39K | 141.39K |
Cash Flow | ||||
| Free Cash Flow | -120.79K | -234.33K | -146.61K | -146.61K |
| Operating Cash Flow | -120.79K | -234.33K | -146.61K | -146.61K |
| Investing Cash Flow | 0.00 | -249.34K | 0.00 | 0.00 |
| Financing Cash Flow | 0.00 | 0.00 | 514.50K | 514.50K |
Citius Resources PLC Technical Analysis
Citius Resources PLC 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% | |
52 Neutral | £38.78M | -13.00 | -7.78% | ― | ― | -19.57% | |
50 Neutral | £18.77M | -1.34 | -35.54% | ― | ― | ― | |
48 Neutral | £348.01M | -33.61 | -10.18% | ― | ― | ― | |
46 Neutral | £115.97M | -47.37 | -21.81% | ― | ― | 28.30% | |
45 Neutral | £33.62M | -1.76 | -61.43% | ― | ― | ― | |
25 Underperform | £14.22M | -8.28 | ― | ― | ― | ― |
Citius Resources PLC Corporate Events
Harena Rare Earths Plc has made significant advancements in its Ampasindava Project in Madagascar, including submitting the project’s Pre-Feasibility Study (PFS) for review by Madagascar’s Ministry of Mines. This submission represents a major milestone towards acquiring an exploitation permit and demonstrates ongoing progress in technical and commercial alignment with the government. Simultaneously, the company has entered a formal application process with the U.S. International Development Finance Corporation for up to $5 million in project development funding. These developments signal meaningful progress in securing financing and advancing permitting for the project, enhancing Harena’s positioning within the rare earths industry. Stakeholders and the broader market anticipate further updates as Harena progresses in 2026.
Harena Rare Earths Plc announced that all resolutions proposed at its Annual General Meeting were passed, indicating strong shareholder support. This outcome reinforces Harena’s strategic focus on its Ampasindava project in Madagascar, potentially enhancing its position in the rare earths market and supporting its commitment to sustainable mining practices.
Harena Rare Earths Plc has announced its Annual General Meeting and shared insights from a recent investor conference presentation. The company highlighted its strategic focus on the growing U.S. demand for rare earths, recent positive engagements with U.S. and Madagascar officials, and upcoming milestones including the submission of its Pre-Feasibility Study and mining license application for the Ampasindava Project. The project is noted for its significant scale and the use of sustainable heap leaching techniques to extract minerals. These developments are expected to strengthen Harena’s position in the rare earths market and provide a sustainable supply of critical minerals.
Harena Rare Earths Plc has announced the commencement of cross-trading on the OTCQB Venture Market in the United States, while maintaining its primary listing on the London Stock Exchange. This move is expected to enhance liquidity and provide U.S. investors with easier access to Harena’s shares, aligning with the company’s strategic focus on the U.S. market for its rare earth deposits. The appointment of Siebert Financial Corporation as the U.S. broker and financial advisor aims to broaden access to U.S. investors and support the promotion of Harena’s shares, marking an important milestone in the company’s expansion efforts.
Harena Rare Earths Plc has announced its audited results for the 14-month period ending June 2025 and its upcoming AGM. The company, which recently changed its name to reflect its focus on rare earth elements, is advancing its Ampasindava Project in Madagascar towards production. With strong financial backing from institutions in the UK and US, Harena is positioned to become a key player in providing a sustainable supply of critical minerals. The company is also planning to increase its engagement with U.S. government agencies and expand its presence in the U.S. capital markets, aiming to secure its role in strengthening supply chains for rare earth elements.
Harena Resources Plc has officially changed its name to Harena Rare Earths Plc to better reflect its strategic focus on the Ampasindava ionic clay rare earth project in Madagascar. This rebranding underscores the company’s ambition to solidify its leadership in the rare earths and critical minerals sectors. The name change does not affect shareholders, and existing share certificates remain valid. The company’s identifiers such as TIDM, LEI, ISIN, and SEDOL will remain unchanged, and the change has been registered at Companies House, awaiting confirmation for effectuation on the London Stock Exchange.
Harena Resources Plc has released a media interview featuring Executive Chairman Ivan Murphy, discussing key developments such as the progress toward the Pre-Feasibility Study submission, strategy for securing a full Mining Licence in Madagascar, and a recent £450,000 investment from RAB Capital. The interview also highlights Harena’s positioning as a non-Chinese source of magnet metals amidst escalating global trade tensions over rare earths, underscoring its strategic roadmap and market positioning.
Harena Resources Plc announced a £450,000 investment from RAB Capital, increasing RAB’s stake in the company from 4.17% to approximately 9.02%. This funding will support the advancement of the Ampasindava Project, a significant rare earth resource in Madagascar, which is expected to attract global interest due to its strategic importance in supplying critical metals outside of China. The investment is seen as a strong endorsement of Harena’s strategy and enhances the company’s financial security, positioning it to meet the growing demand for rare earth elements crucial for the expanding robotics sector.
Harena Resources Plc announced that its issued share capital consists of 562,651,018 ordinary shares, each with one voting right, with no shares held in treasury. This information is crucial for shareholders to determine their interest in the company’s share capital under UK financial regulations. The announcement underscores Harena’s commitment to transparency and regulatory compliance, which could impact investor confidence and market positioning.