Rare Element Resources Ltd.

Rare Element Resources Ltd.verified

REEMF

Price:

$0.327

Market Cap:

$168.77M

Rare Element Resources Ltd. engages in the exploration of mineral properties in the United States. It holds a 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project and the Sundance Gold project located in central Crook County, northeast Wyoming. The company is headquartered in Littleton, Colorado.[Read more]

Industry

Industrial Materials

IPO Date

2008-06-25

Stock Exchange

PNK

Ticker

REEMF

The Current Ratio as of December 2024 (TTM) for Rare Element Resources Ltd. (REEMF) is 8.59

According to Rare Element Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 8.59. This represents a change of -31.36% compared to the average of 12.51 of the last 4 quarters.

Rare Element Resources Ltd. (REEMF) Historical Current Ratio (quarterly & annually)

How has REEMF Current Ratio performed in the past?

The mean historical Current Ratio of Rare Element Resources Ltd. over the last ten years is 22.06. The current 8.59 Current Ratio has changed 3.79% with respect to the historical average. Over the past ten years (40 quarters), REEMF's Current Ratio was at its highest in in the December 2017 quarter at 84.63. The Current Ratio was at its lowest in in the September 2021 quarter at 1.22.

Quarterly (TTM)
Annual

Average

22.06

Median

10.22

Minimum

3.82

Maximum

84.63

Rare Element Resources Ltd. (REEMF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Rare Element Resources Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.72%

Maximum Annual Current Ratio = 84.63

Minimum Annual Increase = -92.16%

Minimum Annual Current Ratio = 3.82

Quarterly (TTM)
Annual
YearCurrent RatioChange
20235.02-90.19%
202251.22153.38%
202120.22-15.55%
202023.9497.25%
201912.1482.99%
20186.63-92.16%
201784.631.72%
20164.6521.60%
20153.82-54.00%
20148.31-40.90%

Rare Element Resources Ltd. (REEMF) Average Current Ratio

How has REEMF Current Ratio performed in the past?

The current Current Ratio of Rare Element Resources Ltd. (REEMF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

25.49

5-year avg

22.51

10-year avg

22.06

Rare Element Resources Ltd. (REEMF) Current Ratio vs. Peers

How is REEMF’s Current Ratio compared to its peers?

Rare Element Resources Ltd.’s Current Ratio is greater than Ucore Rare Metals Inc. (0.27), greater than Lynas Rare Earths Limited (4.18), greater than Search Minerals Inc. (0.02), greater than Arafura Rare Earths Limited (1.89), less than Texas Mineral Resources Corp. (11.12), greater than Alphamin Resources Corp. (1.28), greater than Lynas Rare Earths Limited (4.18), less than Aclara Resources Inc. (9.27), greater than Anson Resources Limited (3.03), greater than CDN Maverick Capital Corp. (3.60), greater than Boliden AB (publ) (1.63), greater than Evergold Corp. (1.17), greater than Champion Bear Resources Ltd. (0.01), greater than Edison Lithium Corp. (6.78), greater than Aurelia Metals Limited (2.02), greater than A-Cap Energy Limited (7.51),

Build a custom stock screener for Rare Element Resources Ltd. (REEMF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Rare Element Resources Ltd. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Rare Element Resources Ltd. (REEMF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Rare Element Resources Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Rare Element Resources Ltd.'s Current Ratio?

How is the Current Ratio calculated for Rare Element Resources Ltd. (REEMF)?

What is the highest Current Ratio for Rare Element Resources Ltd. (REEMF)?

What is the 3-year average Current Ratio for Rare Element Resources Ltd. (REEMF)?

What is the 5-year average Current Ratio for Rare Element Resources Ltd. (REEMF)?

How does the current Current Ratio for Rare Element Resources Ltd. (REEMF) compare to its historical average?