Cadence Minerals Plc (RARMF)
Cadence Minerals Plc operates in the Industrial Materials industry of the Basic Materials sector, headquartered in London, GL, GB. The stock last traded at $0.01, up 0.00% on the session, giving a market capitalisation of $4.1M. On trailing twelve-month figures it carries a trailing P/E of -8.63, a net margin of 875.4%. Its beta of 1.80 implies it has historically moved more than the broad market.
Cadence Minerals Plc is engaged in identifying, financing, and advancing projects centered around lithium and rare earth elements. The company also undertakes exploration for iron ore and other prospective mining opportunities. Its portfolio encompasses significant interests in the Sonora Lithium project, located in northern Mexico; the Yangibana project, situated in Gascoyne, Western Australia; and the Amapa Iron Ore project in Brazil. Founded in 2004, the London, UK-based firm adopted its current name, Cadence Minerals Plc, in March 2017, having previously been known as Rare Earth Minerals plc.
Cadence Minerals Plc is most often compared with the following Basic Materials names: