Quebec Rare Earth Elements Corp
Quebec Rare Earth Elements Corp. engages in the exploration and development of rare earth elements in Canada. It holds interest in the Carcajou property project which covers an area of 75 square kilometers located in the town of St-Félicien, Saguenay area, Quebec; Lynx Property project which covers an area of 20.3 square kilometers located 15 km north of Dolbeau-Mistassini and 90 km northwest of … Read more
Quebec Rare Earth Elements Corp (QQREF) - Net Assets
Latest net assets as of October 2025: $5.74 Million USD
Based on the latest financial reports, Quebec Rare Earth Elements Corp (QQREF) has net assets worth $5.74 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.83 Million) and total liabilities ($82.00K). 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 | $5.74 Million |
| % of Total Assets | 98.59% |
| Annual Growth Rate | 13.31% |
| 5-Year Change | -32.78% |
| 10-Year Change | N/A |
| Growth Volatility | 80.5 |
Quebec Rare Earth Elements Corp - Net Assets Trend (2020–2025)
This chart illustrates how Quebec Rare Earth Elements Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Quebec Rare Earth Elements Corp (2020–2025)
The table below shows the annual net assets of Quebec Rare Earth Elements Corp from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $5.75 Million | +18.60% |
| 2024-07-31 | $4.85 Million | +60.21% |
| 2023-07-31 | $3.03 Million | -65.74% |
| 2022-07-31 | $8.83 Million | +3.25% |
| 2021-07-31 | $8.56 Million | +177.87% |
| 2020-07-31 | $3.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quebec Rare Earth Elements Corp'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 1587761200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $53.99 Million | 938.86% |
| Total Equity | $5.75 Million | 100.00% |
Quebec Rare Earth Elements Corp Competitors by Market Cap
The table below lists competitors of Quebec Rare Earth Elements Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STERICYCLE - Dusseldorf Stock Exchang
DU:SY9
|
$555.73K |
|
Clean & Carbon Energy S.A.
WAR:CCE
|
$555.76K |
|
BOSTON SCIENTIFIC (BSX.SG)
STU:BSX
|
$555.95K |
|
REVITALIST L.A.W. LTD
F:4DO
|
$556.27K |
|
Biora Therapeutics Inc
OTCMKTS:BIOR
|
$553.69K |
|
Clover Power PCL
BK:CV
|
$553.20K |
|
ERAMET - Dusseldorf Stock Exchang
DU:ER7
|
$553.06K |
|
Diamond Bancshares Inc
PINK:DMNB
|
$553.01K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quebec Rare Earth Elements Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,848,500 to 5,750,500, a change of 902,000 (18.6%).
- Net loss of 673,500 reduced equity.
- New share issuances of 1,041,400 increased equity.
- Other factors increased equity by 534,100.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-673.50K | -11.71% |
| Share Issuances | $1.04 Million | +18.11% |
| Other Changes | $534.10K | +9.29% |
| Total Change | $- | 18.60% |
Book Value vs Market Value Analysis
This analysis compares Quebec Rare Earth Elements Corp'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: 0.25x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.02x to 0.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-07-31 | $1.45 | $0.03 | x |
| 2021-07-31 | $0.74 | $0.03 | x |
| 2022-07-31 | $0.61 | $0.03 | x |
| 2023-07-31 | $0.09 | $0.03 | x |
| 2024-07-31 | $0.11 | $0.03 | x |
| 2025-07-31 | $0.11 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quebec Rare Earth Elements Corp 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): -11.71%
- 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: 1.02x
- Recent ROE (-11.71%) is above the historical average (-73.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -62.40% | 0.00% | 0.00x | 1.69x | $-2.23 Million |
| 2021 | -34.08% | 0.00% | 0.00x | 1.22x | $-3.77 Million |
| 2022 | -37.71% | 0.00% | 0.00x | 1.02x | $-4.21 Million |
| 2023 | -289.09% | 0.00% | 0.00x | 1.04x | $-9.05 Million |
| 2024 | -4.30% | 0.00% | 0.00x | 1.03x | $-693.25K |
| 2025 | -11.71% | 0.00% | 0.00x | 1.02x | $-1.25 Million |
Industry Comparison
This section compares Quebec Rare Earth Elements Corp'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 |
|---|---|---|---|---|
| Quebec Rare Earth Elements Corp (QQREF) | $5.74 Million | -62.40% | 0.01x | $555.54K |
| 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 |