Altona Rare Earths (LON:REE) Issues Quarterly Earnings Results

Altona Rare Earths (LON:REE) released its quarterly earnings data on Monday. The company reported GBX (0.33) ($0.00) earnings per share for the quarter, Digital Look Earnings reports.

Altona Rare Earths Price Performance

Shares of Altona Rare Earths stock opened at GBX 1.15 ($0.01) on Monday. The firm has a market capitalization of £1.87 million, a P/E ratio of -38.33 and a beta of -0.15. Altona Rare Earths has a fifty-two week low of GBX 1 ($0.01) and a fifty-two week high of GBX 2.30 ($0.03). The company’s 50 day moving average price is GBX 1.31 and its two-hundred day moving average price is GBX 1.43.

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.