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-Q - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.2K % -68.4%
Debt-to-equity 10.4 % -33.2%
Return On Assets -50.2 % +29.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 516M shares +142%
Common Stock, Shares, Outstanding 511M shares +140%
Entity Public Float 31.1M USD -99.9%
Common Stock, Value, Issued 172M USD +25.8%
Weighted Average Number of Shares Outstanding, Basic 511M shares +99%
Weighted Average Number of Shares Outstanding, Diluted 511M shares +99%

Income Statement

Label TTM Value / Value Unit Change %
General and Administrative Expense 2.72M USD -11.1%
Nonoperating Income (Expense) 4.65M USD +1846%
Net Income (Loss) Attributable to Parent -15.4M USD -40.5%
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 29.7M USD +350%
Assets, Current 32.1M USD +207%
Property, Plant and Equipment, Net 84K USD +180%
Operating Lease, Right-of-Use Asset 264K USD +28.8%
Assets 33.3M USD +190%
Liabilities, Current 3.74M USD +972%
Operating Lease, Liability, Noncurrent 127K USD +25.7%
Liabilities 4.14M USD +86.9%
Retained Earnings (Accumulated Deficit) -172M USD -9.85%
Stockholders' Equity Attributable to Parent 29.1M USD +214%
Liabilities and Equity 33.3M USD +190%

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 29.9M USD +341%
Deferred Tax Assets, Valuation Allowance 31.7M USD +6.76%
Deferred Tax Assets, Gross 31.7M USD +6.76%
Operating Lease, Liability 296K USD +29.3%
Depreciation 5K USD 0%
Lessee, Operating Lease, Liability, to be Paid 327K USD +27.7%
Property, Plant and Equipment, Gross 290K USD 0%
Operating Lease, Liability, Current 169K USD +32%
Lessee, Operating Lease, Liability, to be Paid, Year Two 177K USD +84.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 54K USD -57.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 31K USD +14.8%
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 +0.08%
Interest Expense 30K USD +28.6%