Rare Element Resources Ltd.

Rare Element Resources Ltd.verified

REEMF

Price:

$0.26

Market Cap:

$132.89M

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 September 2024 (TTM) for Rare Element Resources Ltd. (REEMF) is 16.81

According to Rare Element Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 16.81. This represents a change of -5.91% compared to the average of 17.86 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 16.81 Current Ratio has changed 7.52% 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. (0.39), greater than Lynas Rare Earths Limited (4.18), greater than Search Minerals Inc. (0.02), greater than Arafura Rare Earths Limited (1.89), greater than Texas Mineral Resources Corp. (13.18), greater than Alphamin Resources Corp. (1.02), greater than Lynas Rare Earths Limited (4.18), greater than Aclara Resources Inc. (13.27), greater than Anson Resources Limited (13.34), greater than CDN Maverick Capital Corp. (4.88), greater than Boliden AB (publ) (1.57), greater than Evergold Corp. (4.43), 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),

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