Rare Element Resources Ltd financial data

Symbol
REEMF on OTC
Industry
Gold and Silver Ores
Location
P.O. Box 271049, Littleton, CO
State of incorporation
British Columbia, Canada
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 21, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.35K % -15.6%
Debt-to-equity 9.02 % -53.3%
Return On Assets -52 % +22.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 516M shares +0.98%
Common Stock, Shares, Outstanding 516M shares +142%
Entity Public Float 34M USD +9.33%
Common Stock, Value, Issued 174M USD +27.2%
Weighted Average Number of Shares Outstanding, Basic 498M shares +93.8%
Weighted Average Number of Shares Outstanding, Diluted 498M shares +93.8%

Income Statement

Label TTM Value / Value Unit Change %
General and Administrative Expense 2.67M USD -5.73%
Nonoperating Income (Expense) 2.85M USD +30.9%
Net Income (Loss) Attributable to Parent -18.5M USD -105%
Earnings Per Share, Basic -0.04 USD/shares 0%
Earnings Per Share, Diluted -0.04 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 26.7M USD +636%
Assets, Current 26.9M USD +176%
Property, Plant and Equipment, Net 65K USD +124%
Operating Lease, Right-of-Use Asset 238K USD +33%
Assets 29.7M USD +176%
Liabilities, Current 2.13M USD +9.53%
Operating Lease, Liability, Noncurrent 98K USD +6.52%
Liabilities 2.5M USD +8.41%
Retained Earnings (Accumulated Deficit) -176M USD -11.7%
Stockholders' Equity Attributable to Parent 27.2M USD +222%
Liabilities and Equity 29.7M USD +176%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -784K USD +49.2%
Net Cash Provided by (Used in) Financing Activities 35.3M USD
Net Cash Provided by (Used in) Investing Activities 12K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 26.9M USD +605%
Deferred Tax Assets, Valuation Allowance 36M USD +13.4%
Deferred Tax Assets, Gross 36M USD +13.4%
Operating Lease, Liability 270K USD +33%
Lessee, Operating Lease, Liability, to be Paid 294K USD +31.3%
Operating Lease, Liability, Current 172K USD +55%
Lessee, Operating Lease, Liability, to be Paid, Year Two 96K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year One 198K USD +54.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 24K USD +14.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 96K USD
Operating Lease, Payments 26K USD +18.2%
Additional Paid in Capital 29.1M USD -0.13%
Interest Expense 30K USD +28.6%