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RareX subsidiary discovers significant heavy rare earth vein at Mt Mansbridge

RareX's subsidiary RareXploration has identified a heavy-rare-earth-bearing quartz breccia vein at the Mt Mansbridge South target in Western Australia, marking the first such discovery at the project in 50 years. The find supports the company's geological model and highlights the potential for a significant heavy rare earth element deposit, with further exploration and drilling planned. CEO James Durrant emphasized the importance of heavy rare earths for critical technologies and the project's potential to contribute to global demand. » More on smallcaps.com.au

Historical dividends Dividends

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In 2024, RareX has already paid €0.0815 in dividends. The last payout was in July 2024.

Financials

In the last quarter, RareX had revenue of €0 and net profit of -€2.51m

(EUR)	June 2026	YoY
Revenue	0	-
Gross profit	-13.01k	-
Net profit	-2.51m	-
EBITDA	-1.46m	-

Fundamentals

Metric	Value
Market capitalization	€7.51m
Number of shares	1.22bn
52-week high/low	€0.0235 - €0.00556
Dividends	No
Beta	0.53
P/E ratio	-2.63
PEG ratio	0.02
P/B ratio	1.67
P/S ratio	0.00

Company profile

RareX Limited explores for and develops mineral properties in Australia. The company primarily explores for nickel, cobalt, copper, gold, and rare earths deposits. It holds 100% interest in the Cummins Range Rare Earths project located in the East Kimbley region of Western Australia. The company also has an agreement to acquire 100% interest in three cobalt licenses in Morocco. In addition, it holds interest in the Weld North Project. The company was formerly known as Sagon Resources Limited and changed its name to RareX Limited in December 2019. RareX Limited was incorporated in 2003 and is headquartered in Subiaco, Australia.