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RARE ELEMENT RESOURCES LTD (REEMF)

RARE ELEMENT RESOURCES LTD (REEMF)

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Balance Sheets Overview

Current Ratio
2304.81%
Quick Ratio
2304.81%
Cash Ratio
1954.01%
Debt to Asset Ratio
3.35%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Investments (note 2)
    • Due from related party (note 4)
    • Others
Liabilities Breakdown
    • Common shares, no par value - un...
    • Accumulated deficit
    • Additional paid-in capital
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
26,809
47,141
19,315
21,713
Short-term investments (note 2)
1,750
-
-
-
Due from related party (note 4)
2,277
2,277
1,614
1,614
Prepaid expenses and other
786
288
230
293
Total current assets
31,622
49,706
21,159
23,620
Cost
-
-
214
-
Accumulated depreciation
-
-
5
-
Building and equipment, net-Building
198
203
209
-
Cost
-
-
234
-
Accumulated depreciation
-
-
122
-
Building, net
-
-
-
80
Building and equipment, net-Equipment
230
104
112
-
Equipment, net
-
-
-
120
Land
2,240
2,240
2,240
2,240
Restricted cash
205
204
202
200
Investments (note 2)
14,975
-
-
-
Right of use asset (note 6)
142
170
198
176
Total assets
49,612
52,627
24,120
26,436
Accounts payable and accrued liabilities
1,226
1,455
1,340
1,234
Lease liability, current (note 6)
146
149
153
181
Total current liabilities
1,372
1,604
1,493
1,415
Reclamation obligation
185
185
185
185
Lease liability, long-term (note 6)
12
37
61
25
Other long-term liabilities
92
92
92
92
Total liabilities
1,661
1,918
1,831
1,717
Common shares, no par value - unlimited shares authorized shares outstanding at june 30, 2026 and december 31, 2025 of 645,368,390 and 516,134,712, respectively
204,726
204,726
174,173
174,173
Additional paid-in capital
29,106
29,106
29,106
29,106
Accumulated deficit
-185,881
-183,123
-180,990
-178,560
Total shareholders' equity
47,951
50,709
22,289
24,719
Total liabilities and shareholders' equity
49,612
52,627
24,120
26,436
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$26,809K (16.31%↑ Y/Y)Due from relatedparty (note 4)$2,277K Short-term investments(note 2)$1,750K Prepaid expenses andother$786K (354.34%↑ Y/Y)Total current assets$31,622K (36.17%↑ Y/Y)Investments (note 2)$14,975K Land$2,240K (0.00%↑ Y/Y)Building and equipment,net-Equipment$230K Restricted cash$205K (3.54%↑ Y/Y)Building and equipment,net-Building$198K Right of use asset(note 6)$142K (-9.55%↓ Y/Y)Total assets$49,612K (90.73%↑ Y/Y)Total liabilities andshareholders' equity$49,612K (90.73%↑ Y/Y)Total shareholders'equity$47,951K (103.07%↑ Y/Y)Total liabilities$1,661K (-30.76%↓ Y/Y)Accumulated deficit-$185,881K (-3.46%↓ Y/Y)Common shares, no parvalue - unlimited...$204,726K (17.54%↑ Y/Y)Total currentliabilities$1,372K (-34.07%↓ Y/Y)Reclamation obligation$185K (0.00%↑ Y/Y)Other long-termliabilities$92K (0.00%↑ Y/Y)Lease liability,long-term (note 6)$12K (-70.73%↓ Y/Y)Additional paid-in capital$29,106K (0.00%↑ Y/Y)Accounts payable andaccrued liabilities$1,226K (60.68%↑ Y/Y)Lease liability,current (note 6)$146K (-2.01%↓ Y/Y)