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

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

Altona Rare Earths Price Performance

Altona Rare Earths stock opened at GBX 1.15 ($0.01) on Monday. The business has a 50 day simple moving average of GBX 1.31 and a 200 day simple moving average of GBX 1.43. Altona Rare Earths has a one year low of GBX 1 ($0.01) and a one year high of GBX 2.30 ($0.03). The company has a market capitalization of £1.87 million, a PE ratio of -38.33 and a beta of -0.15.

About Altona Rare Earths

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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.

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