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IN BRIEF: Rainbow Rare Earths Loss Narrows As Expenses Fall

28th Oct 2020 19:08

Rainbow Rare Earths Ltd - rare earth producer - Revenue in year ended June 30 down sharply to USD422,000 from USD1.5 million. Pretax loss narrows to USD2.2 million from USD12.1 million. Operating expenses fall to USD3.3 million from USD11.4 million.

Current stock price: 4.16 pence, up 20% on Wednesday

Year-to-date change: up 28%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Rainbow Rare Earths
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