Is Rare Earth Magnesium stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Rare Earth Magnesium pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Tuesday 30th of June 2020 were paid HKD0.0003 per share. Over the last 13 times between 2000 and 2020, Rare Earth Magnesium has paid HKD0.1094 with an average of HKD0.01 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Rare Earth Magnesium 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was HKD5.80, you would have made a loss of HKD-5.67 per share or -97.71%
We do not have enough data to give you this answer.
Rare Earth Magnesium has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.05, the company's ability to pay off the debt is limited. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Rare Earth Magnesium to be high [1 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.