Rare Element Resources Ltd (REEMF)

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Rare Element Resources Ltd (REEMF) is down 23.9% since the beginning of the year. At $1 per share, REEMF is trading 72.0% below its 52-week high of $2. Investors who bought $1,000 worth of REEMF shares 5 years ago would now be looking at an investment worth $281.

Rare Element Resources Ltd (REEMF) has returned -23.88% so far this year and -27.76% over the past 12 months. Looking at the last ten years, REEMF has achieved an annualized return of 19.06%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.

Based on dividend-adjusted daily data since Jan 4, 2016, REEMF's average daily return is +0.39%, while the average monthly return is +8.94%. At this rate, an investment would double in approximately 0.7 years.

Historically, 40% of months were positive and 60% were negative. The best month was May 2019 with a return of +336.4%, while the worst month was Apr 2019 at -49.8%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 8 months.

On a daily basis, REEMF closed higher 42% of trading days. The best single day was May 29, 2019 with a return of +149.6%, while the worst single day was Jan 18, 2017 at -45.6%.

Rare Element Resources Ltd has an annualized alpha of 153.13%, beta of 0.33, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 04, 2016.

• This stock captured 150.03% of S&P 500 Index gains and 149.37% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• Beta of 0.33 may look defensive, but with R2 of 0.00 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.00 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

REEMF ranks 33 for risk / return — below 33% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Rare Element Resources Ltd. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Rare Element Resources Ltd was 96.21%, occurring on Mar 8, 2024. The portfolio has not yet recovered.

The current Rare Element Resources Ltd drawdown is 86.86%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Rare Element Resources Ltd over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Rare Element Resources Ltd is priced in the market compared to other companies in the Other Industrial Metals & Mining industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.