What is Ionic Rare Earths Limited's (IXR.AX) StockRank?

MoatMap's StockRank for Ionic Rare Earths Limited (IXR.AX) is 14/100, with a Strong Sell signal. This is a composite score combining Quality (33), Value (38), and Momentum (30) factor ranks across MoatMap's 19,000+ stock universe.

Does Ionic Rare Earths Limited have an economic moat?

Ionic Rare Earths Limited (IXR.AX) has a Quality factor score of 33/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Ionic Rare Earths Limited a buy, hold, or sell?

MoatMap's current signal for Ionic Rare Earths Limited (IXR.AX) is Strong Sell, based on a StockRank of 14/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Ionic Rare Earths Limited in?

Ionic Rare Earths Limited (IXR.AX) operates in the Basic Materials sector, specifically the Other Industrial Metals & Mining industry (Australia).

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IXR.AX

STRONG SELLREMOVE

Ionic Rare Earths Limited · Basic Materials · Australia · $62M · Avg Vol: $151K/d

StockRank

P/E (TTM)

—

ROE

-28.4%

D/E

0.0x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Ionic Rare Earths is developing a rare earth project in Uganda. Despite the strategic importance of critical minerals, the project is pre-revenue, located in a high-risk jurisdiction, and lacks the cash-generating characteristics of a compounder.

COMPANY DESCRIPTION

Ionic Rare Earths Limited is an Australian mining company focused on developing the Makuutu Rare Earths Project in Uganda, a world-class ionic adsorption clay deposit. The project is highly strategic due to its low-cost extraction profile and high proportion of heavy and magnet rare earths essential for electric vehicles and wind turbines. Ionic RE is positioning itself to become a major, vertically integrated supplier of critical rare earths outside of China.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	—	—	—	—	—
EPS	-0.03	-0.05	-0.11	-0.05	—
Shares	129M	132M	161M	176M	+36.0%
Debt	25,108	5,256	351,415	803,150	217.4%
Equity	35M	31M	26M	21M	-15.1%
Op CF	—	—	—	—	—
Inv CF	-8M	-4M	194,293	967,939	—
Fin CF	21M	967,940	10M	3M	—

PRICE (1M)+35.7%

SMA 50SMA 200

$0.27

RSI (14)

52.0

52W High

$0.75

From 52W High

0.4%

SCORE BREAKDOWN

Quality

ROIC

-38.0%9.2

ROE

-28.4%13.4

GP/Assets

5.0%24.6

Op. Margin

-1271.0%3.2

FCF/Assets

-15.8%18.1

Piotroski

—27.0

Int. Cover

-50.0x5.2

D/E Ratio

0.01x86.4

Current Ratio

9.69x88.3

Value

P/E (TTM)

—N/A

EV/EBITDA

-6.7x76.8

P/FCF

—N/A

P/B

1.8x53.9

P/S

46.9x6.8

Div Yield

—N/A

Momentum

52W High %

36%3.0

RS 6M

5%60.7

SMA 50/200

0.77x2.5

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

+96%62.2

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$62M

P/E (Forward)

-176.1x

Gross Margin

100.0%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of IXR.AX are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
IXR.AX	Ionic Rare Earths Limited(you)	$62M	14	STRONG SELL
HAS.AX	Hastings Technology Metals Limited	$70M	14	STRONG SELL
BSX.AX	Blackstone Minerals Limited	$63M	17	STRONG SELL
FLG.AX	Flagship Minerals Limited	$54M	15	STRONG SELL
E25.AX	Element 25 Limited	$62M	9	STRONG SELL
AGY.AX	Argosy Minerals Limited	$79M	13	STRONG SELL
AON.AX	Apollo Minerals Limited	$59M	19	STRONG SELL
DRE.AX	Dreadnought Resources Limited	$74M	10	STRONG SELL
CRS.AX	Caprice Resources Limited	$59M	7	STRONG SELL
VHM.AX	VHM Limited	$60M	6	STRONG SELL

Peer medians: ROE -8.5% · P/E 14.0x · Gross margin 33.5%

Ionic Rare Earths Limited (IXR.AX) — Stock Score Summary

Ionic Rare Earths Limited (IXR.AX) has a MoatMap StockRank of 14/100 based on Quality (33/100), Value (38/100), and Momentum (30/100) factor scores. The current signal is STRONG SELL. Ionic Rare Earths is developing a rare earth project in Uganda. Despite the strategic importance of critical minerals, the project is pre-revenue, located in a high-risk jurisdiction, and lacks the cash-generating characteristics of a compounder.

Key Financial Metrics

Price	$0.27
Market Cap	$62M
P/E (Forward)	-176.08
Price/Book	1.79
Return on Equity	-28.4%
Return on Invested Capital	-38.0%
Debt/Equity	0.83
Gross Margin	100.0%
Operating Margin	-1271.0%
Revenue Growth	16.3%
Free Cash Flow	$-3M

Ionic Rare Earths Limited operates in the Other Industrial Metals & Mining industry, part of the Basic Materials sector (Australia).

Frequently Asked Questions

What is Ionic Rare Earths Limited’s (IXR.AX) StockRank?: MoatMap’s StockRank for Ionic Rare Earths Limited (IXR.AX) is 14/100, with a Strong Sell signal. It is a composite of Quality (33), Value (38), and Momentum (30) factor ranks across MoatMap’s 19,000+ stock universe.
Does Ionic Rare Earths Limited have an economic moat?: Ionic Rare Earths Limited (IXR.AX) has a Quality factor score of 33/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Ionic Rare Earths Limited a buy, hold, or sell?: MoatMap’s current signal for Ionic Rare Earths Limited (IXR.AX) is Strong Sell, based on a StockRank of 14/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Ionic Rare Earths Limited in?: Ionic Rare Earths Limited (IXR.AX) operates in the Basic Materials sector, specifically the Other Industrial Metals & Mining industry (Australia).