REEMF
Rare Element Resources Ltd.0.8800
-0.0200-2.22%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
454.20MP/E (TTM)
-Basic EPS (TTM)
-0.01Dividend Yield
0%Recent Filings
10-K
FY2025 results
Rare Element narrowed its FY2025 net loss to $4.9M from $18.5M in FY2024, burning $7.4M in cash while ending with $19.3M and $21M working capital. Q4 spending slowed as Demonstration Plant shifted from 2024's heavy equipment installs to cheaper rework, slashing exploration costs 84% y/y to $2.9M; operations kicked off early 2026 after as-built review. DoE holds $3.7M of its $24.2M pledge, WEA's final $0.4M due mid-2026 post-ops report. Cash funds permitting restart but not Bear Lodge buildout. Novation to assume DoE award from General Atomics eyes more funding. Permitting delays could stall quarterly momentum.
8-K
Rights offering launches
Rare Element Resources kicked off its rights offering on February 6, 2026, granting shareholders of record as of January 30 non-transferable rights to buy up to 129,033,678 common shares at US$0.24 each, targeting ~US$30.9M gross proceeds. Funds will sustain the rare earth demonstration plant, expand separation tech to heavy elements and third-party feeds, and finish Bear Lodge permitting. Rights expire March 4. Dilution looms if fully subscribed.
8-K
Rights offering for Bear Lodge
Rare Element Resources announced plans for a rights offering on January 6, 2026, targeting US$30.9M gross proceeds if fully subscribed, with shareholders receiving 0.25 non-transferable rights per share at US$0.24 apiece as of the January 30 record date. Funds will sustain the Demonstration Plant, expand rare earth separation tech, and finish Bear Lodge permitting. Rights launch within 40 days. Capital raise success not assured.
10-Q
Q3 FY2025 results
Rare Element Resources swung to a $1.1M net profit for Q3 ended September 30, 2025, from a $4.7M loss y/y, thanks to $7.9M lower exploration costs as Demonstration Plant work shifted to cheaper rework from equipment installs. YTD net loss narrowed to $2.5M ($0.00/share) from $14.5M ($0.03/share) y/y, with operating cash burn cut to $4.9M from $9.2M. Cash sits at $21.7M, no debt; $1.6M due from related party. Novation of DoE award from General Atomics underway, eyeing late 2025 close. Plant commissioning slips to late 2025. Cash funds burn nicely. Yet DoE novation delays risk funding flows.
8-K
COO retires; board elected
Rare Element Resources announced COO Jaye Pickarts' retirement effective December 31, 2025, with no disagreements on operations or policies. At the September 9 annual meeting, shareholders elected the full seven-director slate amid 82.5% turnout and ratified Haynie & Company as auditors. Smooth transitions preserve continuity. Leadership changes like this test succession planning.
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