Markets · Stocks & ETFs · Stock
Brazilian Rare Earths (Sydney (ASX): BRE.AX)
Brazil-focused company listed on the Sydney (ASX), priced in Australian dollars.
- Market Cap
- A$1.01B
- P/E (TTM)
- —
- P/B
- 7.7x
- EPS (TTM)
- A$-0.24
- Dividend Yield
- —
- 52-Week Range
- A$2.90 – A$7.07
- Volume
- 697K
- Previous Close
- A$3.50
TTM = trailing twelve months — the most recent 12 months (a rolling window), used for P/E, EPS and dividends. On the tables and charts below, the in-progress current year appears as a “Last 12M” column labelled with the quarter range it covers.
Performance
About Brazilian Rare Earths
- US Ticker
- BRE.AX
- B3 Ticker
- —
- Exchange
- Sydney (ASX)
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Other Precious Metals & Mining
- Headquarters
- Sydney, NSW, Australia
- Employees
- 300
- CEO
- Dr. Bernardo Sanchez Agapito da Veiga Ph.D.
- Founded
- 2021
Brazilian Rare Earths Limited focuses on the exploration of rare earth elements and other critical minerals in Brazil.
It holds interests in the Monte Alto, Pelé, and Sulista projects located in the Rocha da Rocha Province.
The company offers rare earth elements, including neodymium-praseodymium (NdPr), dysprosium-terbium (DyTb), yttrium, and gadolinium, as well as critical minerals such as uranium, tantalum, niobium, scandium, and a substantial bauxite-gallium resource.
Brazilian Rare Earths Limited was incorporated in 2021 and is based in Sydney, Australia.
Analyst Ratings
Consensus of 3 Wall Street analysts · sourced from Yahoo Finance
On a 1–5 scale: 1 = Strong Buy, 3 = Hold, 5 = Sell. Lower is more bullish.
12-Month Price Target
The average target is +106.74% above the current price of A$3.66.
Financial Results
Revenue, EBITDA and net profit (in AUD) with net margin (net profit ÷ revenue).
Financial Health
Margins, leverage and cash-flow quality derived from Brazilian Rare Earths's income statement, balance sheet and cash flow (absolute figures in AUD).
Overall: Financially Solid
- Net Margin
- —
- ROE
- -25.9%
- Rev Growth (YoY)
- —
- Net Debt / EBITDA
- 2.94×
- Current Ratio
- 19.41×
- Interest Coverage
- —
- Free Cash Flow
- —
- Payout Ratio
- —
Income — Margins & Efficiency
| Metric | 2025 | Δ | 2024 | Δ | 2023 | Δ | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — |
| Operating income | -A$45,983,052 | +5.7% | -A$48,743,047 | -25.2% | -A$38,922,115 | -404.0% | -A$7,722,892 |
| EBITDA | -A$45,976,175 | +0.2% | -A$46,048,854 | -21.8% | -A$37,819,129 | -395.8% | -A$7,627,299 |
| Net profit | -A$42,063,310 | +8.7% | -A$46,074,722 | +33.3% | -A$69,081,284 | -774.3% | -A$7,901,083 |
| Gross margin | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — |
| EBITDA margin | — | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — | — |
| Revenue growth (YoY) | — | — | — | — | — | — | — |
| Effective tax rate | — | — | — | — | — | — | — |
| Interest coverage | — | — | -5129.24× | -415926.3% | -1.23× | — | — |
Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.
Balance Sheet — Health & Leverage
| Metric | 2025 | Δ | 2024 | Δ | 2023 | Δ | 2022 |
|---|---|---|---|---|---|---|---|
| Net debt | -A$135,355,067 | -65.7% | -A$81,685,609 | -114.4% | -A$38,100,852 | -4144.6% | -A$897,623 |
| Net Debt / Equity | -0.83× | +16.4% | -1.00× | +6.1% | -1.06× | -280.9% | 0.59× |
| Net Debt / EBITDA | 2.94× | +66.0% | 1.77× | +76.1% | 1.01× | +756.1% | 0.12× |
| Debt / Equity | 0.01× | — | — | — | 0.30× | +102.6% | -11.49× |
| Current ratio | 19.41× | -0.9% | 19.59× | +672.9% | 2.53× | +178.5% | 0.91× |
| Return on equity (ROE) | -25.9% | +30.4 p.p. | -56.3% | +136.5 p.p. | -192.9% | -710.4 p.p. | 517.6% |
| Return on assets (ROA) | -24.6% | +28.9 p.p. | -53.5% | +80.9 p.p. | -134.4% | -95.0 p.p. | -39.4% |
| Book value / share | A$0.59 | +77.9% | A$0.33 | +98.3% | A$0.17 | +108.5% | A$-1.96 |
Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.
Net Debt & Leverage
Free Cash Flow
Margins
Dividend Payout Ratio
Capex ÷ Revenue
Cash Conversion (operating cash flow ÷ net income)
Ratios computed from company financial statements. Net Debt = total debt − cash & equivalents; FCF = operating cash flow − capital expenditure; absolute values in AUD.
Valuation & Dividends
Dividend History
Brazilian Rare Earths has not paid dividends over the past decade.
Dividends and yield from Yahoo Finance (per share, in Australian dollars). The current-year figures are calendar year-to-date (dividends actually paid this year), not the trailing 12 months.
Frequently Asked Questions
Where is Brazilian Rare Earths listed?
Brazilian Rare Earths trades on a single exchange: Sydney (ASX) in Australia (BRE, Australian dollars). That is the line quoted on this page.
What is Brazilian Rare Earths' primary listing?
Brazilian Rare Earths' primary listing is on Sydney (ASX) in Australia, where it trades as BRE in Australian dollars — the line quoted on this page. It has no directly listed share on Brazil’s B3.
As of Mon, Sep 7, 03:10 BRT · Market closed
Financial data last updated: September 1, 2026
News & analysis mentioning BRE.AX
All mentions
Brazil Approves Critical Minerals Bill as Global Race for Rare Earths Intensifies
Sep 3, 2026
New framework seeks to promote domestic processing of strategic minerals as Brazil attracts growing U.S. and international interest in its rare earth resources
Vale Eyes Rare Earths Through Mining Waste and Tailings
Sep 3, 2026
The world's largest iron ore producer is studying whether its mining tailings can yield rare earths, gold and other minerals, potentially turning waste from existing operations into a new source of mineral value.
Brazilian Rare Earths Announces New High-Grade Discovery in Bahia
Aug 28, 2026
Drilling in Bahia identifies high-grade rare earth deposits, including intersections reaching 35.3% TREO at depth, highlighting the scale of Brazilian Rare Earth’s Monte Alto Project.
