IXR

IONICRARE FPO [IXR]
Ionic Rare Earths Limited engages in the mining, refining, and recycling of magnet and heavy rare earth elements in Australia, Uganda, and United Kingdom. Its flagship project is the Makuutu rare earths project that comprises six licenses covering an area of approximately 300 square kilometers located in Uganda. The company refines and recycles magnet and heavy rare earth elements for energy transition, manufacturing, and defense sectors. The company was incorporated in 1998 and is based in Melbourne, Australia.
Basic Materials · ASX Small Cap
$0.4100 +7.9%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 3 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Trading above both moving averages — the trend is your friend here
  • Above-average volume (1.8x) on a green day — buyers stepping up
  • Just broke above 20-day resistance — a level that was capping price, now cleared
  • On a tear — up 10.8% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.50, so it's outpacing the pack
  • Trading above the 200-day average — the long-term trend is on your side
  • Adequate cash runway (5 quarters)
  • Very high P/S ratio (60.8x)
  • Moderate revenue growth (+16%)
  • EPS estimates revised upward (+10pts)
  • Near 52-week low (16% of range)
  • Small-cap ($20-100M)
  • Capital raise activity (2 events)
  • Dilution velocity warning (2 raises recently)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.27%/day)
  • Elevated dilution risk (2 recent capital raises)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)
  • Dilution risk: technical breakout with recent capital raise
  • Calendar: Clinical Trial in 6d (+5pts)

Risk Signals

  • RSI is running hot — overbought territory, so expect some pullback risk
  • Stochastic is stretched into overbought — could need a breather
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 38% over the past year

Expected next for IXR

15 Sep 2026Clinical Trial UpdateCompany-indicated window
Window: 1 Jul to 31 Dec
From a company announcement on 6 Mar 2026
The last 1 moved IXR -9.5% on the day, on average — an observation, not a guide to what happens next.
29 Oct 2026Quarterly Activities ReportEstimated from past filings
Window: 22 Oct to 5 Nov
The last 3 moved IXR -0.7% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →

Recent Catalysts

NONE Proposed issue of securities - IXR
NONE IXR AND USSM TO FORM USA MAGNET RECYCLING JV
NONE Notification of cessation of securities - IXR

Recent ASX Announcements

2026-09-09 Proposed issue of securities - IXR
2026-09-02 IXR AND USSM TO FORM USA MAGNET RECYCLING JV PRICE SENSITIVE
2026-08-31 Notification of cessation of securities - IXR
2026-08-25 Cleansing Notice
2026-08-25 Application for quotation of securities - IXR

Key Metrics

$98.6M
Market Cap
564K
Avg Volume
1.8x
Vol Ratio
$0.26 — $1.05
52-Week Range
0.1%
Short Interest
N/A
Cash Runway
-28.4%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 72%
LLeader vs LaggardpassRS: 9
IInstitutional SponsorshipweakInst: 7%
MMarket DirectionneutralNeutral

Sector: Basic Materials

535 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
Related Tickers
AUQ +26.7%RML +26.2%ION +24.0%LIB -20.0%RRR -19.7%
Compare:IXR vs AUQIXR vs RMLIXR vs ION
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