Rare Element Resources Ltd
Rare Element Resources Ltd. engages in the exploration of mineral properties in the United States and Canada. It holds 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project. The company is headquartered in Littleton, Colorado. Rare Element Resources Ltd. is a Subsidiary of General Atomic Technologies Corporation.
Rare Element Resources Ltd (REEMF) - Net Assets
Latest net assets as of June 2025: $23.61 Million USD
Based on the latest financial reports, Rare Element Resources Ltd (REEMF) has net assets worth $23.61 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.01 Million) and total liabilities ($2.40 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $23.61 Million |
| % of Total Assets | 90.78% |
| Annual Growth Rate | 13.14% |
| 5-Year Change | 1122.3% |
| 10-Year Change | 576.05% |
| Growth Volatility | 271.32 |
Rare Element Resources Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Rare Element Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rare Element Resources Ltd (2007–2024)
The table below shows the annual net assets of Rare Element Resources Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $27.18 Million | +222.20% |
| 2023-12-31 | $8.44 Million | -50.18% |
| 2022-12-31 | $16.93 Million | -27.75% |
| 2021-12-31 | $23.44 Million | +954.00% |
| 2020-12-31 | $2.22 Million | -56.88% |
| 2019-12-31 | $5.16 Million | +383.86% |
| 2018-12-31 | $1.07 Million | -60.90% |
| 2017-12-31 | $2.73 Million | +293.93% |
| 2016-12-31 | $692.00K | -82.79% |
| 2015-12-31 | $4.02 Million | -61.22% |
| 2014-12-31 | $10.37 Million | -56.66% |
| 2013-12-31 | $23.92 Million | -52.86% |
| 2011-12-31 | $50.74 Million | -31.52% |
| 2010-12-31 | $74.09 Million | +326.00% |
| 2009-12-31 | $17.39 Million | +338.33% |
| 2008-12-31 | $3.97 Million | +19.16% |
| 2007-12-31 | $3.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rare Element Resources Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 17609100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $203.28 Million | 747.77% |
| Total Equity | $27.18 Million | 100.00% |
Rare Element Resources Ltd Competitors by Market Cap
The table below lists competitors of Rare Element Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ilyang Pharmaceutical Co Ltd
KO:007575
|
$112.84 Million |
|
Afya Ltd
NASDAQ:AFYA
|
$112.89 Million |
|
Shanghai Rychen Technologies Co. Ltd. A
SHE:301273
|
$112.89 Million |
|
Navneet Education Limited
NSE:NAVNETEDUL
|
$112.89 Million |
|
Jubilee Metals Group PLC
PINK:JUBPF
|
$112.79 Million |
|
eMudhra Limited
NSE:EMUDHRA
|
$112.77 Million |
|
Kogeneracja SA
WAR:KGN
|
$112.69 Million |
|
Biotrend Cevre ve Enerji Yatirimlari AS
IS:BIOEN
|
$112.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rare Element Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,437,000 to 27,184,000, a change of 18,747,000 (222.2%).
- Net loss of 18,451,000 reduced equity.
- Other factors increased equity by 37,198,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.45 Million | -67.87% |
| Other Changes | $37.20 Million | +136.84% |
| Total Change | $- | 222.20% |
Book Value vs Market Value Analysis
This analysis compares Rare Element Resources Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 16.83x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.50x to 16.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.50 | $0.76 | x |
| 2014-12-31 | $0.22 | $0.76 | x |
| 2015-12-31 | $0.08 | $0.76 | x |
| 2016-12-31 | $0.01 | $0.76 | x |
| 2017-12-31 | $0.03 | $0.76 | x |
| 2018-12-31 | $0.01 | $0.76 | x |
| 2019-12-31 | $0.05 | $0.76 | x |
| 2020-12-31 | $0.02 | $0.76 | x |
| 2021-12-31 | $0.11 | $0.76 | x |
| 2022-12-31 | $0.08 | $0.76 | x |
| 2023-12-31 | $0.03 | $0.76 | x |
| 2024-12-31 | $0.04 | $0.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rare Element Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -67.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-67.87%) is below the historical average (-41.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 16.02% | 0.00% | 0.00x | 1.02x | $4.46 Million |
| 2011 | -68.96% | -318127.27% | 0.00x | 1.05x | $-40.07 Million |
| 2013 | -92.99% | -57041.03% | 0.00x | 1.08x | $-24.64 Million |
| 2014 | -135.31% | 0.00% | 0.00x | 1.14x | $-15.07 Million |
| 2015 | -240.69% | 0.00% | 0.00x | 1.31x | $-10.08 Million |
| 2016 | 495.09% | 0.00% | 0.00x | 2.48x | $3.36 Million |
| 2017 | 31.29% | 0.00% | 0.00x | 1.87x | $580.40K |
| 2018 | -165.48% | 0.00% | 0.00x | 3.02x | $-1.87 Million |
| 2019 | -27.78% | 0.00% | 0.00x | 1.23x | $-1.95 Million |
| 2020 | -145.14% | 0.00% | 0.00x | 1.53x | $-3.45 Million |
| 2021 | -23.05% | 0.00% | 0.00x | 1.11x | $-7.75 Million |
| 2022 | -55.66% | 0.00% | 0.00x | 1.11x | $-11.12 Million |
| 2023 | -106.63% | 0.00% | 0.00x | 1.27x | $-9.84 Million |
| 2024 | -67.87% | 0.00% | 0.00x | 1.09x | $-21.17 Million |
Industry Comparison
This section compares Rare Element Resources Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rare Element Resources Ltd (REEMF) | $23.61 Million | 16.02% | 0.10x | $112.80 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |