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) - Total Assets
Latest total assets as of June 2025: $26.01 Million USD
Based on the latest financial reports, Rare Element Resources Ltd (REEMF) holds total assets worth $26.01 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Rare Element Resources Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Rare Element Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rare Element Resources Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Rare Element Resources Ltd's total assets of $26.01 Million consist of 90.8% current assets and 9.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 90.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Rare Element Resources Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Rare Element Resources Ltd's current assets represent 90.8% of total assets in 2024, an increase from 0.0% in 2007.
- Cash Position: Cash and equivalents constituted 90.1% of total assets in 2024, up from 66.9% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Rare Element Resources Ltd Competitors by Total Assets
Key competitors of Rare Element Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Rare Element Resources Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Rare Element Resources Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Rare Element Resources Ltd is currently not profitable relative to its asset base.
Rare Element Resources Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 11.16 | 16.81 | 26.83 |
| Quick Ratio | 11.16 | 16.81 | 26.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $21.14 Million | $ 33.13 Million | $ 3.44 Million |
Rare Element Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Rare Element Resources Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 13.72 |
| Latest Market Cap to Assets Ratio | 3.80 |
| Asset Growth Rate (YoY) | 176.3% |
| Total Assets | $29.68 Million |
| Market Capitalization | $112.80 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Rare Element Resources Ltd's assets at a significant premium ( 3.80x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Rare Element Resources Ltd's assets grew by 176.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Rare Element Resources Ltd (2007–2024)
The table below shows the annual total assets of Rare Element Resources Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $29.68 Million | +176.29% |
| 2023-12-31 | $10.74 Million | -43.05% |
| 2022-12-31 | $18.87 Million | -27.76% |
| 2021-12-31 | $26.12 Million | +667.22% |
| 2020-12-31 | $3.40 Million | -46.48% |
| 2019-12-31 | $6.36 Million | +97.45% |
| 2018-12-31 | $3.22 Million | -36.71% |
| 2017-12-31 | $5.09 Million | +196.91% |
| 2016-12-31 | $1.71 Million | -67.58% |
| 2015-12-31 | $5.29 Million | -55.32% |
| 2014-12-31 | $11.83 Million | -54.25% |
| 2013-12-31 | $25.86 Million | -51.41% |
| 2011-12-31 | $53.23 Million | -29.48% |
| 2010-12-31 | $75.48 Million | +323.71% |
| 2009-12-31 | $17.82 Million | +341.62% |
| 2008-12-31 | $4.03 Million | +18.86% |
| 2007-12-31 | $3.39 Million | -- |