Strategic Elements Ltd (SOR.AX)
Strategic Elements Ltd operates in the Asset Management industry of the Financial Services sector, headquartered in Subiaco, WA, AU. The stock last traded at $0.04, down 2.78% on the session, giving a market capitalisation of $19.6M. Its beta of 0.76 implies it has historically moved less than the broad market.
Strategic Elements Ltd functions as an investment firm, concentrating its efforts on entities involved in the exploration for rare earth elements and rare metals, as well as the creation of advanced materials. Through its wholly-owned division, Strategic Materials Pty Limited, the company possesses complete ownership of five approved mineral exploration licenses located across New Zealand's South Island, Queensland, and New South Wales, with an additional application submitted for a license in Western Australia. Furthermore, its subsidiary, Australian Advanced Materials Pty Ltd, is dedicated to commercializing intellectual property related to the spectral, electronic, or magnetic characteristics of rare earth elements through licensing arrangements. Established in 2006, the company's primary operations are situated in South Perth, Australia.
Strategic Elements Ltd is most often compared with the following Financial Services names: