Breakdown | |||||
TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
-1.24M | -178.84K | -96.46K | -114.96K | -94.94K | -91.34K | EBIT |
-11.39M | -4.75M | -4.84M | -6.24M | -5.14M | -2.97M | EBITDA |
-10.79M | -4.77M | -4.62M | -4.93M | -4.94M | -10.13M | Net Income Common Stockholders |
-15.09M | -7.61M | -5.47M | -5.51M | -5.53M | -10.81M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
462.98K | 248.38K | 2.26M | 3.33M | 1.04M | 2.81M | Total Assets |
46.05M | 60.62M | 53.24M | 49.44M | 46.70M | 40.53M | Total Debt |
2.73M | 8.52M | 3.53M | 2.51M | 4.54M | 1.20M | Net Debt |
2.27M | 8.27M | 1.27M | -817.93K | 3.53M | -1.61M | Total Liabilities |
3.64M | 11.55M | 5.02M | 3.42M | 5.28M | 1.70M | Stockholders Equity |
42.41M | 49.08M | 48.22M | 46.03M | 41.41M | 38.83M |
Cash Flow | Free Cash Flow | ||||
-7.66M | -9.86M | -6.88M | -5.79M | -4.51M | -3.45M | Operating Cash Flow |
-5.13M | -3.98M | -4.46M | -5.43M | -3.78M | -3.10M | Investing Cash Flow |
-2.52M | -5.89M | -2.43M | 1.20M | -724.27K | -350.66K | Financing Cash Flow |
7.03M | 7.85M | 5.82M | 6.55M | 2.70M | 5.81M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
49 Neutral | C$115.46M | 73.24 | 2.13% | ― | ― | ― | |
47 Neutral | $2.63B | -3.97 | -29.27% | 3.34% | 2.54% | -29.42% | |
43 Neutral | $18.25M | ― | -5.00% | ― | ― | -1118.18% | |
42 Neutral | $921.56M | ― | -4.13% | ― | ― | ― | |
37 Underperform | C$56.55M | ― | -34.08% | ― | ― | -112.17% | |
37 Underperform | C$8.05M | ― | -42.96% | ― | ― | 72.76% |
Ucore Rare Metals Inc. has secured a $2 million investment through a non-brokered private placement from Hondo Private Equity LLC, controlled by Shawn Matthews of Hondius Capital Management. The investment underscores Ucore’s strategic expansion plans, particularly its innovative approach to processing rare earths at its Louisiana site, which aligns with its goal to enhance rare earth supply chains in the United States. The funds will be used for general corporate working capital, and the offering is pending final approval from the TSX Venture Exchange.
Ucore Rare Metals Inc. has been awarded $500,000 in funding from Ontario’s Critical Minerals Innovation Fund to advance its Continuous Improvement Process at its RapidSX™ Commercial Demonstration Facility. This funding will bolster Ucore’s efforts to re-establish a North American rare earth supply chain, enhance Ontario’s critical minerals sector, and improve global competitiveness by enabling the production of strategic rare earth products essential for industries like national defense and clean technologies.
Ucore Rare Metals announced that the US Department of Defense has approved a $1.8 million payment to support the company’s efforts in rare earth element separation. This funding is part of a larger initiative to establish a sustainable domestic supply chain for rare earth products amid growing concerns over reliance on imports. The payment marks significant progress in Ucore’s project to demonstrate its RapidSX™ technology in a commercial setting.
Ucore Rare Metals is leveraging the strategic location of its proposed rare earth refining facility in Louisiana’s Foreign Trade Zone to mitigate the impact of potential U.S. tariffs. This positioning could support U.S. manufacturers by reducing costs and securing supply chains for critical materials.
Ucore Rare Metals is extending the term of over 7 million common share purchase warrants by one year, pending TSX Venture Exchange approval. Additionally, Ucore has engaged Outside the Box Capital Inc. to boost its investor relations and marketing efforts through social media. These moves aim to enhance shareholder engagement and visibility in the financial markets.
Ucore Rare Metals has successfully closed a non-brokered private placement, raising $2.4 million through the sale of 4.8 million units. The funds will support various strategic initiatives, including agreements for their Strategic Metals Complex in Louisiana and general corporate purposes. Insider participation in the offering highlights confidence in the company’s growth plans.
Ucore Rare Metals Inc. is set to raise approximately $2.4 million through a private placement of 4.8 million units, each priced at $0.50. The proceeds are aimed at advancing agreements and engineering plans for its Strategic Metals Complex in Louisiana and addressing corporate financial needs. The transaction involves significant participation from company insiders.