American Rare Earths Limited Shatters Expectations with 10sqkm Resource Estimate at Halleck Creek in 2023.
March 27, 2023
Trending News 🌧️
American Rare Earths ($ASX:ARR) Limited (AREL) is set to make a major step forward in their exploration of rare earths, as final drill assays have revealed an extensive area of rare earth mineralisation measuring 10sqkm at Halleck Creek in 2023. This is a major achievement for AREL as it shatters expectations with its impressive size and potential for rare earths. The discovery of such a large area of rare earths not only provides AREL with the opportunity to increase its production capacity, but also presents a major economic opportunity for the US. Rare earths are essential components in modern technology, with their uses ranging from consumer electronics to defense systems. With the price of rare earths on the rise, the significant discovery at Halleck Creek has the potential to provide the US with a secure, domestic supply of rare earths, which could potentially revolutionise the US economy.
The 10sqkm resource estimate at Halleck Creek is a major milestone for AREL as they look to expand their exploration and development of rare earths. Not only does it open up a new source of revenue for the company, but it also presents an exciting opportunity for the US economy. As the demand for rare earths continues to grow, the discovery at Halleck Creek could provide the US with a much needed domestic source of these important elements, ensuring that the US remains competitive in the global market.
Market Price
American Rare Earths Limited (AREL) has been garnering a lot of positive media exposure as they recently announced their 10sqkm resource estimate at Halleck Creek in 2023. On Monday, the stock opened at AU$0.2 and closed at the same price, up by 2.5% from its previous closing price of 0.2. This surge in their stock prices is largely attributed to the news of their resource estimate at Halleck Creek.
The news of this resource estimate has given investors a lot of hope for the future of American Rare Earths Limited as they continue to explore new avenues for resource extraction. Investors are also encouraged by the company’s commitment to sustainability and environmental responsibility, which are key elements of their operations. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ARR. More…
| Total Revenues | Net Income | Net Margin |
| 0.1 | -3.01 | -948.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ARR. More…
| Operations | Investing | Financing |
| -2.92 | -3.73 | 14.11 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ARR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 29.31 | 1.43 | 0.06 |
Key Ratios Snapshot
Some of the financial key ratios for ARR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -1849.5% |
| FCF Margin | ROE | ROA |
| -875.0% | -14.7% | -11.0% |
Analysis
At GoodWhale, we believe that when it comes to investing, having a deep understanding of a company’s fundamentals is essential. With that in mind, we have conducted an analysis of AMERICAN RARE EARTHS’s fundamentals. Our Risk Rating for AMERICAN RARE EARTHS is medium; this means that there are moderate levels of financial and business risk associated with this investment. We suggest that investors do their due diligence and investigate the company’s fundamentals further before investing. While analyzing AMERICAN RARE EARTHS’s financials, we detected two risk warnings in the company’s balance sheet and cashflow statement. We invite you to register with GoodWhale in order to view all of our ratings, warnings, and insights. Together, we can make informed decisions about your investments. More…
Peers
In the race to develop new sources of rare earth minerals, American Rare Earths Ltd. is up against some stiff competition from Pacific Bauxite Ltd., Canasil Resources Inc., and Keras Resources PLC. All four companies are engaged in exploration and development activities in various parts of the world in an effort to find and exploit new deposits of these valuable minerals. While American Rare Earths may have a head start in the race, it remains to be seen who will ultimately come out on top.
– Pacific Bauxite Ltd ($ASX:PBX)
Canasil Resources Inc is a Canadian mineral exploration and development company with projects in Durango and Sinaloa states, Mexico, and in British Columbia, Canada. The Company is engaged in the business of acquiring, exploring, and developing natural resource properties. Canasil’s primary focus is on silver-gold and base metal deposits in Mexico.
– Canasil Resources Inc ($TSXV:CLZ)
Keras Resources PLC is a UK-based company engaged in the exploration and development of mineral projects in Africa. The company has a market capitalization of 3.59 million as of 2022 and a return on equity of -22.58%. Keras Resources PLC is engaged in the exploration and development of gold, copper, and other mineral projects in Senegal, Burkina Faso, Ivory Coast, and Ghana. The company was founded in 2006 and is headquartered in London, the United Kingdom.
Summary
American Rare Earths Limited (AREL) has recently achieved impressive results by estimating a 10sqkm resource at Halleck Creek in 2023. This news has been well-received by investors, resulting in positive media coverage and an increase in stock prices. Analysts believe that AREL has a promising future due to its significant resource and potential to remain competitive in the rare earth market. As such, investors are encouraged to consider investing in AREL to benefit from potential growth and returns.
