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Rare Element Resources Ltd (QB)

Rare Element Resources Ltd (QB) (REEMF)

0.28
0.015
(5.66%)
Closed July 24 4:00PM

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Key stats and details

Current Price
0.28
Bid
0.26
Ask
0.29
Volume
23,467
0.26 Day's Range 0.28
0.12 52 Week Range 0.884
Market Cap
Previous Close
0.265
Open
0.2797
Last Trade
5000
@
0.28
Last Trade Time
Financial Volume
$ 6,462
VWAP
0.275351
Average Volume (3m)
131,872
Shares Outstanding
511,111,557
Dividend Yield
-
PE Ratio
-15.91
Earnings Per Share (EPS)
-0.02
Revenue
2M
Net Profit
-9M

About Rare Element Resources Ltd (QB)

Rare Element Resources Ltd. is a publicly traded, strategic materials company focused on delivering rare earth products for technology and defense applications by advancing the Bear Lodge Critical Rare Earth Project in northeast Wyoming. Bear Lodge is a significant mineralized district containing ma... Rare Element Resources Ltd. is a publicly traded, strategic materials company focused on delivering rare earth products for technology and defense applications by advancing the Bear Lodge Critical Rare Earth Project in northeast Wyoming. Bear Lodge is a significant mineralized district containing many of the less common, more valuable, critical rare earths that are essential for high-strength permanent magnets, electronics, fiber optics, laser systems for health and defense, as well as many evolving technologies like hybrid cars, solar panels and wind turbines. In addition to the Bear Lodge Rare Earth Project, the Company controls the Sundance gold project which is located on the same property in Wyoming. Show more

Sector
Miscellaneous Metal Ores,nec
Industry
Minrls,earths-ground,treated
Headquarters
Vancouver, British Columbia, Can
Founded
2003
Rare Element Resources Ltd (QB) is listed in the Miscellaneous Metal Ores sector of the OTCMarkets with ticker REEMF. The last closing price for Rare Element Resources (QB) was $0.27. Over the last year, Rare Element Resources (QB) shares have traded in a share price range of $ 0.12 to $ 0.884.

Rare Element Resources (QB) currently has 511,111,557 shares outstanding. The market capitalization of Rare Element Resources (QB) is $135.44 million. Rare Element Resources (QB) has a price to earnings ratio (PE ratio) of -15.91.

REEMF Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.027.692307692310.260.3220.26939680.27919684CS
40.059927.21490231710.22010.3220.21144880.25307696CS
120.08241.41414141410.1980.3510.121318720.25999018CS
260.006852.507779608270.273150.3510.121550450.21600533CS
52-0.271-49.18330308530.5510.8840.121403360.2992061CS
156-1.455-83.86167146971.7352.750.121506500.77554279CS
260-0.08-22.22222222220.364.130.121770401.04284522CS

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REEMF Discussion

View Posts
wyomingdude wyomingdude 1 week ago
Correction: RER
👍️ 1
wyomingdude wyomingdude 1 week ago
There are lawyers who love cases where they feel the value offered by a company to the little investor is not realistic! These are class-action suits on behalf of the little investor. RSR has some value just from its gold deposits alone. (millions) All this is figured into the value of the share in a buyout. What is the value of a company who could refine rare elements for the larger mines of Canada. I remember two companies bidding for a desirable, smaller company in communications. The bidding war started at 50-60 dollars per share for a takeover bid. Lawyers ultimately brought the true value up to $170 per share. Obviously there is always a big fee for these lawyer groups to make and the bigger the company, the more desirable.
👍️ 2
schnittke schnittke 2 weeks ago
I don't want to give away my shares for 50 cents each
👍️0
smartbrain2018 smartbrain2018 2 weeks ago
What’s downside of taking private for us as an investor… listing in exchange is good for everyone
👍️0
schnittke schnittke 2 weeks ago
That is a disclosure, and the risk is mentioned in every annual report
👍️0
Garbone Garbone 2 weeks ago
Page 4 line 1

"whether we deregister our common shares under the Exchange Act and/or list our common shares on a securities
exchange; "

A pretty interesting read.

I like page 2 of the intro letter para 3

"Nd/Pr production from Bear Lodge, based on current projections, could meet
a significant portion of the annual U.S. demand for these elements, inclusive of all the defense
sector’s needs."
👍️0
schnittke schnittke 2 weeks ago
"...mention of the mAjority taking the co private". Where did you read that?
👍️0
wymont wymont 2 weeks ago
SEC annual report under news……….
👍️0
wyomingdude wyomingdude 2 weeks ago
Where is this 95-page article found?
👍️0
littlezeke littlezeke 2 weeks ago
Thanks. I'll check it out.

👍️0
wymont wymont 2 weeks ago
Quote:……” The company has sufficient resources to complete “………..
👍️0
Garbone Garbone 2 weeks ago
The annual report.

In the intro letter there is a mention of the mAjority taking the co private, so that is a thing..I still have not sat down to really read it.
👍️0
littlezeke littlezeke 2 weeks ago
What 95 pages are you talking about?
👍️0
Garbone Garbone 2 weeks ago
Anyone digest the 95 pages yet? I have will have to set aside some time to dig into it .
👍️0
wymont wymont 3 weeks ago
Yes, time will tell!
👍️0
wyomingdude wyomingdude 3 weeks ago
General Atomics does billions of dollars of work for the Defense Dept. and I don's see them not performing for even smaller projects such as RER. They also have been booted out of China, somewhat, and yet they need rare earth elements for their projects. Just wonder, if Trump wins, he has stated he would curtail many of the green energy projects. Maybe he will be more sensitive to big oil and to his Middle East buddies. Time always answers all of our questions.
👍️0
wymont wymont 3 weeks ago
How true………what’s your guess?
👍️0
wyomingdude wyomingdude 3 weeks ago
It might be easier to know what to do in the trading of this stock if one knew what General Atomics' ultimate goal might be!
👍️0
wymont wymont 3 weeks ago
I suspect that recent trading reflects brokers paper trading……….Grab shares while you can……..
👍️0
wymont wymont 3 weeks ago
On Schedule and on budget………impressive actual performance………On point!
👍️0
littlezeke littlezeke 3 weeks ago
UPDATE! https://mail.google.com/mail/u/1/#inbox/FMfcgzQVxRGFJnbCxpbhPCXVJsrLRbKm
👍️0
wymont wymont 4 weeks ago
I’ve never understood the “sell at a loss” strategy……….
👍️0
wymont wymont 1 month ago
Will do!
👍️ 1
littlezeke littlezeke 1 month ago
Keep us informed on the plant if it is not too much trouble. I'll be buying more shares next month and then holding for at least another year. Around 100, 000 shares.
👍️0
wymont wymont 1 month ago
After seeing the demo plant firsthand it’s confusing that at this humble level of trading, that we see continued aggressive short trading………results of an oversold split?……..GA shaking out the 30%?……..I hope we see the teens again………I’m buying……..good luck all!
👍️0
wymont wymont 2 months ago
Agree completely!
👍️0
littlezeke littlezeke 2 months ago
Good to hear. People tend to forget all the processing patents REEMF own. That could add tremendous value down the road for expansion.
👍️0
wymont wymont 2 months ago
I visited the demonstration plant today…….looks like a world class startup to me………. I was surprised at how much work has gotten done this year!
👍️ 1
wymont wymont 2 months ago
Great post…….thanks
👍️0
wyomingdude wyomingdude 2 months ago
"China announced a new round of sanctions on Thursday targeting subsidiaries of the U.S. military contractors General Atomics and General Dynamics for their part in arming Taiwan. The latest measures ban the senior executives of General Atomics Aeronautical Systems and General Dynamics Land Systems from entering China, and freezes company assets in the country, according to a Chinese Foreign Ministry statement carried by state media." Newsweek, April 12, 2024. (Hope this stimulates General Atomics to get completely self-sufficient in their need for rare earth elements.)
👍️0
wyomingdude wyomingdude 2 months ago
This awakening of the stock is welcomed! Is it possibly associated with the tariffs threat that US is applying to China and the possibility of them using their rare earths as a weapon in retaliation? That has happened in the past and look at the price of the stocks of rare earths at that time. When will US get independent in something so vital and produce our own resources?
👍️ 1
wymont wymont 2 months ago
Anyone been to Upton lately?…….see any action?
👍️0
Garbone Garbone 4 months ago
My shares finally showed up. Wonder if the price stays firm today.
👍️0
wymont wymont 4 months ago
Two place’s works for me!….lol!
👍️0
wyomingdude wyomingdude 4 months ago
We need the decimal point moved one or two places after that 0.12! Why not wish for the moon?
👍️0
wymont wymont 4 months ago
I’m just happy that we’re above 12 cents!
👍️0
wymont wymont 4 months ago
Not a mathematician………..lol
👍️0
wymont wymont 4 months ago
So, like……..what’s the surprise?
👍️0
wyomingdude wyomingdude 4 months ago
Since Synchron owns 70.6% of shares, (I figured only 70%) that would make us little folks owning only 150,223,387. Doesn't make a big, big difference. We are still a minority. Mathematicians where are you?
👍️0
wyomingdude wyomingdude 4 months ago
IF my math is correct, it looks like Synchron holds 360,740,516 shares and the remaining 154,608,078 shares are owned by us little folks!
👍️0
Garbone Garbone 4 months ago
Possibly one more offering to bring their ownership closer to 80%? The question is does leaving this publicly traded give the company a mechanism to help ensure a positive regulatory environment? How much would projected output exceed the company's projected internal needs and would it be in their legal best interest to sell directly to their competition?

Lots of questions.
👍️0
wyomingdude wyomingdude 4 months ago
Be Happy with 5.
👍️0
wymont wymont 4 months ago
Once the pilot plant proves the refining process is viable at increased volumes, whatever the share price is at that time…….my best guess is 7 to 10 ………any other guesses out there?
👍️0
smartbrain2018 smartbrain2018 4 months ago
Any thoughts on the price if they take it private as GA is not a public traded company?
👍️0
wyomingdude wyomingdude 4 months ago
The Advantages: SEC not looking over your shoulder, discontent shareholders, legal action from investors and running your business with less interference! Need more?
👍️0
wymont wymont 4 months ago
That’s the prevailing model for GA subsidiaries ……….all shares will have the same value……….
👍️0
smartbrain2018 smartbrain2018 4 months ago
what is the advantage of taking this private?
👍️0
wyomingdude wyomingdude 4 months ago
Will the day come when Synchron (General Atomics) will desire to take company private as they are? If so, what might the 30% shares they do not own be worth? Lots of questions. As a big defense company and into magnets, it seems reasonable!
👍️ 1
dig it dig it 4 months ago
They must have a high level of confidence in the company, technology and future commercialization.

👍️0
smartbrain2018 smartbrain2018 4 months ago
Now Synchron will own approximately 70.6% of the issued and outstanding common shares of the Company. https://www.rareelementresources.com/investor-information/news-releases/2024/03/12/rare-element-resources-announces-results-of-oversubscribed-rights-offering-of-common-shares
👍️0