Aclara Resources (TSE:ARA) Posts Quarterly Earnings Results

Aclara Resources (TSE:ARA) released its quarterly earnings data on Thursday. The company reported C($0.01) EPS for the quarter, FiscalAI reports.

Aclara Resources Stock Up 3.9%

TSE:ARA opened at C$3.98 on Friday. Aclara Resources has a 1 year low of C$1.37 and a 1 year high of C$5.40. The stock has a 50-day moving average price of C$3.99 and a two-hundred day moving average price of C$3.85. The stock has a market cap of C$981.38 million, a price-to-earnings ratio of -99.50 and a beta of 0.75. The company has a current ratio of 1.73, a quick ratio of 32.12 and a debt-to-equity ratio of 0.46.

Aclara Resources Company Profile

Aclara Resources Inc (TSX: ARA), a Toronto Stock Exchange listed company, is focused on building a vertically integrated supply chain for rare earths alloys used in permanent magnets. This strategy is supported by Aclara’s development of rare earth mineral resources hosted in ionic clay deposits, which contain high concentrations of the scarce heavy rare earths, providing the Company with a long-term, reliable source of these critical materials. The Company’s rare earth mineral resource development projects include the Carina Project in the State of Goiás, Brazil as its flagship project and the Penco Module in the Biobío Region of Chile.