Altona Rare Earths (LON:REE) Issues Earnings Results

Altona Rare Earths (LON:REE) announced its earnings results on Monday. The company reported GBX (0.33) ($0.00) EPS for the quarter, Digital Look Earnings reports.

Altona Rare Earths Trading Down 5.7 %

LON:REE opened at GBX 1.15 ($0.01) on Monday. The stock has a 50 day simple moving average of GBX 1.31 and a 200 day simple moving average of GBX 1.43. The stock has a market cap of £1.87 million, a P/E ratio of -38.33 and a beta of -0.15. Altona Rare Earths has a 1-year low of GBX 1 ($0.01) and a 1-year high of GBX 2.30 ($0.03).

Altona Rare Earths Company Profile

Altona Rare Earth (LSE: REE) is a resource exploration and development company, specialising in Rare Earth Elements (“REE”) and focused on the development of the Monte Muambe REE projects in Mozambique.

Monte Muambe, a significant REE mining project, is a carbonatite-hosted REE deposit. It is located in Tete Province, Northwest Mozambique, a mature and safe mining region of Africa, with excellent infrastructure.