Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$15.44M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
858.8%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$29.14M
Q3 2024
Cash
Q3 2024
P/E
-14.70
Nov 29, 2024 EST
Free Cash Flow
-$11.40M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Selling, General & Admin $2.828M $5.205M $3.114M $1.823M $979.0K $1.066M $1.183M $2.606M
YoY Change -45.67% 67.15% 70.82% 86.21% -8.16% -9.89% -54.6%
% of Gross Profit
Research & Development $8.242M $4.155M $2.089M $1.347M $1.146M $1.268M $138.0K $394.0K
YoY Change 98.36% 98.9% 55.09% 17.54% -9.62% 818.84% -64.97%
% of Gross Profit
Depreciation & Amortization $2.000K $1.000K $5.000K $5.000K $5.000K $14.00K $18.00K $38.00K $120.0K $210.0K $200.0K $90.00K $40.00K $10.00K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 100.0% -80.0% 0.0% 0.0% -64.29% -22.22% -52.63% -68.33% -42.86% 5.0% 122.22% 125.0% 300.0%
% of Gross Profit
Operating Expenses $11.17M $9.361M $5.263M $3.175M $2.130M $2.348M $1.114M $3.038M
YoY Change 19.35% 77.86% 65.76% 49.06% -9.28% 110.77% -63.33%
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Interest Expense $29.00K $39.00K $25.00K $27.00K $709.0K $600.0K $277.0K $0.00
YoY Change -25.64% 56.0% -7.41% -96.19% 18.17% 116.61%
% of Operating Profit
Other Income/Expense, Net $2.176M -$65.00K -$139.0K -$53.00K -$12.00K -$16.00K -$16.00K $19.00K
YoY Change -3447.69% -53.24% 162.26% 341.67% -25.0% 0.0% -184.21%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Pretax Income -$8.487M -$8.939M -$5.092M -$2.990M -$1.433M -$1.764M -$853.0K -$3.426M
YoY Change -5.06% 75.55% 70.3% 108.65% -18.76% 106.8% -75.1%
Income Tax
% Of Pretax Income
Net Earnings -$8.996M -$9.426M -$5.402M -$3.228M -$1.433M -$1.764M -$853.0K -$3.426M
YoY Change -4.56% 74.49% 67.35% 125.26% -18.76% 106.8% -75.1%
Net Earnings / Revenue
Basic Earnings Per Share -$0.04 -$0.04 -$0.03 -$0.02
Diluted Earnings Per Share -$0.04 -$0.04 -$0.03 -$0.02 -$16.93K -$22.16K -$14.33K -$65.27K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Cash & Short-Term Investments $3.633M $15.52M $22.25M $2.706M $5.664M $2.523M $4.360M $927.0K $3.880M $10.14M $23.90M $40.14M $72.37M $11.46M $2.330M $2.270M $1.090M $430.0K $100.0K $100.0K
YoY Change -76.6% -30.22% 722.14% -52.22% 124.49% -42.13% 370.33% -76.11% -61.74% -57.57% -40.46% -44.54% 531.5% 391.85% 2.64% 108.26% 153.49% 330.0% 0.0%
Cash & Equivalents $3.633M $15.52M $22.25M $2.706M $5.664M $2.523M $4.360M $927.0K $3.880M $10.14M $23.90M $24.99M $72.31M $11.46M $1.810M $790.0K $1.090M $430.0K $100.0K $100.0K
Short-Term Investments $0.00 $15.15M $50.00K $0.00 $520.0K $1.490M $0.00 $0.00
Other Short-Term Assets $3.938M $2.282M $2.775M $47.00K $40.00K $37.00K $41.00K $81.00K $160.0K $320.0K $400.0K $190.0K $350.0K $70.00K $30.00K $30.00K $50.00K $20.00K $10.00K $10.00K
YoY Change 72.57% -17.77% 5804.26% 17.5% 8.11% -9.76% -49.38% -49.38% -50.0% -20.0% 110.53% -45.71% 400.0% 133.33% 0.0% -40.0% 150.0% 100.0% 0.0%
Inventory
Prepaid Expenses
Receivables $10.00K $20.00K $30.00K $20.00K $330.0K $20.00K $50.00K $50.00K $40.00K $20.00K $10.00K $10.00K
Other Receivables $0.00 $10.00K $0.00 $300.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $9.750M $17.98M $25.13M $2.753M $5.704M $2.560M $4.401M $1.008M $4.050M $10.48M $24.34M $40.64M $73.05M $11.55M $2.410M $2.350M $1.180M $480.0K $120.0K $120.0K
YoY Change -45.77% -28.45% 812.75% -51.74% 122.81% -41.83% 336.61% -75.11% -61.35% -56.94% -40.11% -44.37% 532.47% 379.25% 2.55% 99.15% 145.83% 300.0% 0.0%
Property, Plant & Equipment $808.0K $888.0K $988.0K $651.0K $656.0K $661.0K $688.0K $706.0K $1.230M $1.350M $1.530M $540.0K $1.810M $6.160M $1.610M $1.020M $760.0K $610.0K $390.0K $390.0K
YoY Change -9.01% -10.12% 51.77% -0.76% -0.76% -3.92% -2.55% -42.6% -8.89% -11.76% 183.33% -70.17% -70.62% 282.61% 57.84% 34.21% 24.59% 56.41% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00 $200.0K $200.0K $0.00 $20.00K $20.00K $0.00 $0.00
YoY Change -100.0% 0.0% -100.0% 0.0%
Other Assets $186.0K $0.00 $0.00 $420.0K $110.0K $10.00K $10.00K $10.00K $10.00K $10.00K $10.00K
YoY Change -100.0% 281.82% 1000.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Total Long-Term Assets $994.0K $888.0K $988.0K $651.0K $656.0K $661.0K $688.0K $706.0K $1.240M $1.350M $1.530M $540.0K $2.430M $6.260M $1.620M $1.040M $790.0K $610.0K $400.0K $400.0K
YoY Change 11.94% -10.12% 51.77% -0.76% -0.76% -3.92% -2.55% -43.06% -8.15% -11.76% 183.33% -77.78% -61.18% 286.42% 55.77% 31.65% 29.51% 52.5% 0.0%
Total Assets $10.74M $18.87M $26.12M $3.404M $6.360M $3.221M $5.089M $1.714M $5.290M $11.83M $25.87M $41.18M $75.48M $17.81M $4.030M $3.390M $1.970M $1.090M $520.0K $520.0K
YoY Change
Accounts Payable $291.0K $227.0K $407.0K $115.0K $470.0K $386.0K $52.00K $65.00K $910.0K $1.100M $1.530M $3.450M $1.020M $410.0K $60.00K $50.00K $20.00K $20.00K $10.00K $10.00K
YoY Change 28.19% -44.23% 253.91% -75.53% 21.76% 642.31% -20.0% -92.86% -17.27% -28.1% -55.65% 238.24% 148.78% 583.33% 20.0% 150.0% 0.0% 100.0% 0.0%
Accrued Expenses $111.0K $124.0K $124.0K
YoY Change -10.48% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.941M $351.0K $1.243M $115.0K $470.0K $386.0K $52.00K $217.0K $1.060M $1.260M $1.730M $3.600M $1.090M $420.0K $70.00K $60.00K $20.00K $30.00K $20.00K $20.00K
YoY Change 452.99% -71.76% 980.87% -75.53% 21.76% 642.31% -76.04% -79.53% -15.87% -27.17% -51.94% 230.28% 159.52% 500.0% 16.67% 200.0% -33.33% 50.0% 0.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $366.0K $1.581M $1.432M $1.065M $732.0K $1.769M $2.311M $805.0K $210.0K $200.0K $210.0K $240.0K $300.0K $300.0K
YoY Change -76.85% 10.41% 34.46% 45.49% -58.62% -23.45% 187.08% 283.33% 5.0% -4.76% -12.5% -20.0% 0.0%
Total Long-Term Liabilities $366.0K $1.581M $1.432M $1.065M $732.0K $1.769M $2.311M $805.0K $210.0K $200.0K $210.0K $240.0K $300.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -76.85% 10.41% 34.46% 45.49% -58.62% -23.45% 187.08% 283.33% 5.0% -4.76% -12.5% -20.0%
Total Liabilities $2.307M $1.932M $2.675M $1.180M $1.202M $2.155M $2.363M $1.022M $1.270M $1.460M $1.940M $3.840M $1.390M $420.0K $70.00K $60.00K $20.00K $30.00K $20.00K $20.00K
YoY Change 19.41% -27.78% 126.69% -1.83% -44.22% -8.8% 131.21% -19.53% -13.01% -24.74% -49.48% 176.26% 230.95% 500.0% 16.67% 200.0% -33.33% 50.0% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Basic Shares Outstanding 212.7M 212.5M 173.5M 167.8M
Diluted Shares Outstanding 212.7M 212.5M 173.5M 167.8M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $227.05 Million

About RARE ELEMENT RESOURCES LTD

Rare Element Resources Ltd. engages in the exploration and development of earth element deposits and mineral properties. The company is headquartered in Littleton, Colorado and currently employs 2 full-time employees. Its Bear Lodge Property includes two projects, the Bear Lodge Rare Earth Project (the Bear Lodge REE Project) and the Sundance Gold Project. The company is focused on delivering rare earth products for technology, energy, and defense applications by advancing the Bear Lodge Rare Earth Project in northeast Wyoming. Bear Lodge is a significant mineralized district containing many of the less common, more valuable, critical rare earths that are essential for permanent magnets, electronics, fiber optics, laser systems for medical technology and defense, as well as technologies. The Bear Lodge REE Project includes the Bull Hill and Whitetail Ridge deposits and the exploration targets of East Taylor and Carbon Hill deposits, all of which are located near Sundance, Wyoming. The Bear Lodge REE Project lies about seven air miles or 12 road miles northwest of the town of Sundance, Wyoming. Its Sundance Gold Project is located on its Bear Lodge Property.

Industry: Gold and Silver Ores Peers: AMERICAN BATTERY TECHNOLOGY Co Ameritrust Corp Contango ORE, Inc. Graphene & Solar Technologies Ltd Idaho Strategic Resources, Inc. LIQUIDMETAL TECHNOLOGIES INC PureBase Corp Texas Mineral Resources Corp.