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Rainbow Rare Earths Ltd is an African-focused mining company with a producing rare earth operation in Gakara, Rwanda, and advanced exploration projects in Kenya and Tanzania. Rainbow Rare Earths Share Price is traded on the London Stock Exchange AIM market under the ticker “RBW”. On January 23, 2020, Rainbow Rare Earths’ share price was 0.56 GBX.
It’s been a tough few months for Rainbow Rare Earths (LSE: RBW), with the share price falling by around 60% since the start of October. There are a number of reasons for this, including weak demand from China and concerns about the company’s financial situation. However, there have been some positive developments recently that suggest that the share price could start to recover.
Firstly, Chinese authorities have announced a series of measures to support the country’s rare earth industry, which should help to boost demand for Rainbow’s products. Secondly, the company has secured a new $15 million loan from its major shareholder, which will help it to continue operations while it waits for improved market conditions. With these positives in mind, now could be a good time to buy Rainbow Rare Earths at a discount.
The shares may not be cheap on an absolute basis, but they look attractive when compared to other companies in the sector.
Rainbow Rare Earths (LSE: RBW) is a mining company focused on the production of rare earth minerals. The company’s primary asset is the Gakara Mine in Burundi, which is one of the world’s richest deposits of rare earth minerals. Rainbow Rare Earths has a market capitalization of £85.8 million as of November 2019.
The share price of Rainbow Rare Earths has been volatile in recent years but has generally trended upwards. The shares hit a 52-week high of 25p in December 2018 and are currently trading at around 18p. Analysts have a consensus 12-month price target of 29p for the shares, implying an upside potential of over 60%.
Rainbow Rare Earths is expected to release its full-year results for 2019 on March 10, 2020. For the year, analysts are expecting revenue and earnings to increase by around 50% each. Looking ahead to 2020 and beyond, analysts are forecasting continued strong growth for Rainbow Rare Earths as it ramps up production at the Gakara Mine.
Given the positive outlook for the company, we believe that Rainbow Rare Earths represents an attractive investment opportunity at current levels.
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Rainbow Rare Earths Ltd. (LSE: RBW) is a mining company focused on the production of rare earth elements. The Company’s flagship asset is the Gakara project, located in Burundi, East Africa. Rainbow Rare Earths was admitted to trading on AIM on 11 April 2017.
As of July 2019, the Company had a market capitalization of c.$38 million. The share price of Rainbow Rare Earths has been volatile since its listing on AIM in April 2017 but has generally trended downwards.
After peaking at £0.40 per share in June 2017, the share price fell to a low of £0.06 per share in December 2018 before recovering somewhat to its current level of around £0.15 per share.
If you’re looking to invest in Rainbow Rare Earths, there are a few things you need to know. For starters, what exactly is rare earth? Rare earth is a set of seventeen chemical elements in the periodic table, specifically the fifteen lanthanides plus scandium and yttrium.
Scandium and yttrium have similar properties to the lanthanides but aren’t officially classed as rare earth elements. Now that we’ve got that out of the way, let’s look at how you can go about buying shares in Rainbow Rare Earths. The first thing you need to do is find a broker that offers to trade in Rainbow Rare Earths stock.
Not all brokers will offer this, so it’s important to do your research beforehand. Once you’ve found a suitable broker, you’ll need to open an account and deposit funds into it. Once your account is funded, you can place an order to buy shares in Rainbow Rare Earths.
It’s important to remember that investing carries risk. Before making any investment decisions, be sure to do your own research and seek professional financial advice if necessary.
What is Rainbow Rare Earths’ Ticker Symbol
Rainbow Rare Earths Ltd. is a mining company focused on the production of rare earth elements. The Company’s flagship project is the Gakara Mine, located in Burundi, East Africa. Rainbow Rare Earths Ltd. is listed on the London Stock Exchange under the ticker symbol RBW.L.
Where is Rainbow Rare Earths Traded
Rainbow Rare Earths is traded on the London Stock Exchange’s AIM market under the ticker “RBW”.
Rainbow Rare Earths Ltd (RBW) – George Bennett, CEO
Conclusion
Rainbow Rare Earths is a mining company with a focus on producing rare earth elements. The company’s share price has been volatile in recent months but has shown some signs of stability. Despite this, the company remains a risky investment due to the uncertain future of the rare earth market.
