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Canada Rare Earth

OTCPK:RARE.F
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RARE.F
OTCPK
CA$9M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Canada Rare Earth Corp., a development stage company, engages in the exploration and development of rare earth elements in Canada and internationally. The last earnings update was 36 days ago. More info.


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  • Canada Rare Earth has significant price volatility in the past 3 months.
RARE.F Share Price and Events
7 Day Returns
40.8%
OTCPK:RARE.F
2.2%
US Metals and Mining
-2.6%
US Market
1 Year Returns
-15.5%
OTCPK:RARE.F
-27.7%
US Metals and Mining
-13.3%
US Market
RARE.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Canada Rare Earth (RARE.F) 40.8% -12.2% -20.1% -15.5% 17.8% 53.6%
US Metals and Mining 2.2% -17.4% -28.7% -27.7% -27.1% -8.7%
US Market -2.6% -15.2% -22.2% -13.3% 5.7% 17.2%
1 Year Return vs Industry and Market
  • RARE.F outperformed the Metals and Mining industry which returned -27.7% over the past year.
  • RARE.F underperformed the Market in United States of America which returned -13.3% over the past year.
Price Volatility
RARE.F
Industry
5yr Volatility vs Market

RARE.F Value

 Is Canada Rare Earth undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Canada Rare Earth. This is due to cash flow or dividend data being unavailable. The share price is $0.0338.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Canada Rare Earth's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Canada Rare Earth's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:RARE.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.01
TSXV:LL Share Price ** TSXV (2020-04-06) in CAD CA$0.05
United States of America Metals and Mining Industry PE Ratio Median Figure of 36 Publicly-Listed Metals and Mining Companies 8.55x
United States of America Market PE Ratio Median Figure of 2,946 Publicly-Listed Companies 12.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Canada Rare Earth.

OTCPK:RARE.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:LL Share Price ÷ EPS (both in CAD)

= 0.05 ÷ -0.01

-7.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Canada Rare Earth is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Canada Rare Earth is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Canada Rare Earth's expected growth come at a high price?
Raw Data
OTCPK:RARE.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 22 Publicly-Listed Metals and Mining Companies 0.01x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.89x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Canada Rare Earth, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Canada Rare Earth's assets?
Raw Data
OTCPK:RARE.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.00
TSXV:LL Share Price * TSXV (2020-04-06) in CAD CA$0.05
United States of America Metals and Mining Industry PB Ratio Median Figure of 107 Publicly-Listed Metals and Mining Companies 0.99x
United States of America Market PB Ratio Median Figure of 5,158 Publicly-Listed Companies 1.22x
OTCPK:RARE.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:LL Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ 0.00

87.38x

* Primary Listing of Canada Rare Earth.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Canada Rare Earth is overvalued based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Canada Rare Earth's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Canada Rare Earth has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RARE.F Future Performance

 How is Canada Rare Earth expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Canada Rare Earth has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Canada Rare Earth expected to grow at an attractive rate?
  • Unable to compare Canada Rare Earth's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Canada Rare Earth's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Canada Rare Earth's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:RARE.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 8.4%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 4.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:RARE.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:RARE.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 1 -1 -1
2019-09-30 1 0 -1
2019-06-30 1 -1 -1
2019-03-31 1 -1 -1
2018-12-31 1 -1 -3
2018-09-30 1 0 -3
2018-06-30 1 0 -3
2018-03-31 2 0 -3
2017-12-31 2 0 0
2017-09-30 1 0 0
2017-06-30 1 0 0
2017-03-31 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Canada Rare Earth is high growth as no earnings estimate data is available.
  • Unable to determine if Canada Rare Earth is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:RARE.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Canada Rare Earth Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:RARE.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.01
2019-09-30 -0.01
2019-06-30 0.00
2019-03-31 0.00
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Canada Rare Earth will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of RARE.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Canada Rare Earth's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Canada Rare Earth's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Canada Rare Earth's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Canada Rare Earth has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RARE.F Past Performance

  How has Canada Rare Earth performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Canada Rare Earth's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Canada Rare Earth does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Canada Rare Earth's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Canada Rare Earth's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Canada Rare Earth's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Canada Rare Earth Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:RARE.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1.07 -1.10 0.80
2019-09-30 1.02 -1.11 0.82
2019-06-30 1.33 -0.68 0.94
2019-03-31 1.08 -0.79 0.96
2018-12-31 0.80 -2.63 1.53
2018-09-30 1.05 -2.68 1.47
2018-06-30 1.36 -3.02 1.23
2018-03-31 1.76 -2.81 1.10
2017-12-31 1.62 -0.40 0.39
2017-09-30 1.30 -0.25 0.32
2017-06-30 0.69 -0.22 0.33
2017-03-31 0.16 -0.32 0.41
2016-12-31 0.11 -0.66 0.40
2016-09-30 0.00 -0.93 0.56
2016-06-30 0.00 -2.08 0.66
2016-03-31 0.09 -2.13 0.75
2015-12-31 0.19 -1.72 0.93
2015-09-30 0.29 -1.68 0.99
2015-06-30 0.29 -0.65 1.01
2015-03-31 0.19 -0.67 0.98
2014-12-31 0.10 -2.29 0.95
2014-09-30 -2.37 0.93
2014-06-30 -2.48 1.02
2014-03-31 -2.63 1.19
2013-12-31 -1.40 1.39
2013-09-30 -1.61 1.58
2013-06-30 -1.83 1.66

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Canada Rare Earth has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Canada Rare Earth has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Canada Rare Earth improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Canada Rare Earth's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Canada Rare Earth has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RARE.F Health

 How is Canada Rare Earth's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Canada Rare Earth's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Canada Rare Earth's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Canada Rare Earth's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Canada Rare Earth's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Canada Rare Earth has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Canada Rare Earth Company Filings, last reported 3 months ago.

OTCPK:RARE.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 0.10 0.00 0.27
2019-09-30 0.14 0.00 0.49
2019-06-30 -1.01 1.14 0.60
2019-03-31 -0.88 1.12 0.51
2018-12-31 -0.46 1.07 0.88
2018-09-30 -0.42 0.97 0.99
2018-06-30 -0.82 0.87 1.29
2018-03-31 -0.78 0.93 1.50
2017-12-31 1.68 0.17 0.03
2017-09-30 1.74 0.17 0.11
2017-06-30 1.84 0.12 0.00
2017-03-31 1.89 0.16 0.05
2016-12-31 2.00 0.00 0.02
2016-09-30 1.98 0.00 0.08
2016-06-30 2.04 0.00 0.19
2016-03-31 2.16 0.00 0.32
2015-12-31 2.65 0.00 0.43
2015-09-30 2.86 0.00 0.63
2015-06-30 3.50 0.00 0.50
2015-03-31 3.70 0.00 0.59
2014-12-31 3.73 0.00 0.72
2014-09-30 3.95 0.00 0.94
2014-06-30 4.15 0.00 1.04
2014-03-31 4.35 0.00 1.23
2013-12-31 5.98 0.00 1.44
2013-09-30 6.24 0.00 1.76
2013-06-30 6.51 0.00 3.16
  • Canada Rare Earth has no debt.
  • Canada Rare Earth currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Canada Rare Earth has less than a year of cash runway based on current free cash flow.
  • Canada Rare Earth has less than a year of cash runway if free cash flow continues to reduce at historical rates of -16.3% each year.
X
Financial health checks
We assess Canada Rare Earth's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Canada Rare Earth has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RARE.F Dividends

 What is Canada Rare Earth's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Canada Rare Earth dividends.
If you bought $2,000 of Canada Rare Earth shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Canada Rare Earth's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Canada Rare Earth's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:RARE.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 3.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1935 Stocks 3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Canada Rare Earth has not reported any payouts.
  • Unable to verify if Canada Rare Earth's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Canada Rare Earth's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Canada Rare Earth has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Canada Rare Earth's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Canada Rare Earth afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Canada Rare Earth has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RARE.F Management

 What is the CEO of Canada Rare Earth's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tracy Moore
COMPENSATION CA$85,230
AGE 66
TENURE AS CEO 7.6 years
CEO Bio

Mr. Tracy Allin Moore, CA has been the Chief Financial Officer of New Legend Group Ltd. since January 2006. Mr. Moore has been the Chief Executive Officer and Director of Canada Rare Earth Corporation (alternate name Rare Earth Metals Inc.) since September 2012 and serves as its President since September 2012 until May 21, 2016. He founded MCSI Consulting Group of Vancouver, Canada in 1990 and has been its President since 1990. At MCSI, he is responsible for overall client contact and relations, project management, planning and quality control. He has over 20 years' business, corporate finance and strategic and business planning experience having worked in over 15 countries, while based in Vancouver, Canada. For four years, he provided corporate finance services to the Canada Export Centre Corporation and its clients and partners. He was instrumental in founding CEC Rare Earth Corporation in 2010/2011. He served as the Chief Executive Officer of CEC Rare Earth Corporation. He served as Chief Financial Officer of Galena Capital Corp. from November 22, 2007 to June 30, 2010. He served as Chief Financial Officer of TapImmune Inc. from August 2009 to July 2010 and served as its Principal Accounting Officer, Secretary and Treasurer until July 2010. He served as Acting Principal Accounting Officer of TapImmune Inc. He served as Chief Financial Officer of Pan American Goldfields Ltd (formerly known as Mexoro Minerals, Ltd. and Sunburst Acquisitions IV Inc.) from December 4, 2005 to January 31, 2007 and its Chief Operating Officer from June 2005 to December 2005. He served as Secretary of Pan American Goldfields Ltd since December 2005. He served as the Chief Financial Officer and Secretary of Buffalo Gold Ltd. until February 10, 2004. He served as Secretary of SHEP Technologies Inc. (formerly Inside Holdings Inc.) from August 12, 2002 to February 2004 and its Chief Financial Officer since February 18, 2004. From 1976 to 1990, Mr. Moore worked at three international accounting firms in restructuring, consulting and audit positions. In addition to his consulting practice, he has owned and operated a variety of businesses. He has been a Director of Rare Earth Metals Inc. since September 7, 2012. He has been a Director of TapImmune, Inc. from August 2009 to July 16, 2010. He has been a Director of New Legend Group Limited since January 2006. He served as a Director of CEC Rare Earth Corporation. He served as a Director of Alberta Star Development Corp. from 2006 to December 17, 2008. Mr. Moore served as a Director of Inside Holdings, Inc. from August 12, 2002 to November 2004, Buffalo Gold Ltd. from January 21, 2003 to February 2004, Avance Venture Corp. from October 2000 to May 2002, King Communications International Limited from June to December 2000 and April 1996 to March 1999, Illusion Systems Inc. from September 2000 to October 2002. He served as a Director of Alabama Graphite Corp. (also known as TrustMark Auto Group, Inc.) from November 2009 to February 2010. He served as a Director of Pan American Goldfields Ltd from December 4, 2005 to November 2007. He is a Canadian Chartered Accountant since 1979. He was a Member of the Institute of Chartered Accountants in British Columbia in 1979. Mr. Moore received a Bachelor of Commerce in Accounting and Management Information Systems from the University of British Columbia in May 1976.

CEO Compensation
  • Tracy's compensation has increased whilst company is loss making.
  • Tracy's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Canada Rare Earth management team in years:

4.9
Average Tenure
66
Average Age
  • The tenure for the Canada Rare Earth management team is about average.
Management Team

Tracy Moore

TITLE
CEO & Director
COMPENSATION
CA$85K
AGE
66
TENURE
7.6 yrs

Salil Dhaumya

TITLE
Chief Financial Officer
COMPENSATION
CA$35K
AGE
53
TENURE
5.3 yrs

Peter Shearing

TITLE
COO & Director
COMPENSATION
CA$55K
TENURE
4.5 yrs

Chris Goodman

TITLE
MD of Brazil & Director
TENURE
0.7 yrs

Gord Fretwell

TITLE
Director
COMPENSATION
CA$9K
AGE
66

Rojer Li

TITLE
Co-Founder & Chairman of Advisory Board
COMPENSATION
CA$170K
Board of Directors Tenure

Average tenure and age of the Canada Rare Earth board of directors in years:

7.5
Average Tenure
66
Average Age
  • The tenure for the Canada Rare Earth board of directors is about average.
Board of Directors

Tracy Moore

TITLE
CEO & Director
COMPENSATION
CA$85K
AGE
66
TENURE
7.6 yrs

Peter Shearing

TITLE
COO & Director
COMPENSATION
CA$55K
TENURE
7.6 yrs

Chris Goodman

TITLE
MD of Brazil & Director

Gord Fretwell

TITLE
Director
COMPENSATION
CA$9K
AGE
66
TENURE
4.3 yrs

Rojer Li

TITLE
Co-Founder & Chairman of Advisory Board
COMPENSATION
CA$170K
TENURE
7.4 yrs

Bill Purcell

TITLE
Independent Director
COMPENSATION
CA$4K
TENURE
7.6 yrs

Bob Schafer

TITLE
Member of Advisory Board
AGE
64
TENURE
7.5 yrs

Mike Fillipoff

TITLE
Member of Advisory Board
TENURE
7.5 yrs

John Treleaven

TITLE
Member of Advisory Board
TENURE
7.5 yrs

Wencai Zhu

TITLE
Member of Advisory Board
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Canada Rare Earth individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Mar 20 Buy Tracy Moore Individual 03. Mar 20 03. Mar 20 4,000 $0.04 $180
24. Feb 20 Buy Tracy Moore Individual 24. Feb 20 24. Feb 20 4,000 $0.05 $170
14. Jan 20 Buy Tracy Moore Individual 09. Jan 20 10. Jan 20 7,000 $0.04 $294
06. Jan 20 Buy Tracy Moore Individual 02. Jan 20 03. Jan 20 10,000 $0.05 $501
26. Nov 19 Buy Tracy Moore Individual 21. Nov 19 21. Nov 19 4,000 $0.04 $166
08. Aug 19 Buy Tracy Moore Individual 08. Aug 19 08. Aug 19 2,000 $0.05 $91
07. Aug 19 Buy Tracy Moore Individual 07. Aug 19 07. Aug 19 3,000 $0.05 $135
02. Aug 19 Buy Tracy Moore Individual 02. Aug 19 02. Aug 19 2,000 $0.05 $98
31. Jul 19 Buy Tracy Moore Individual 30. Jul 19 30. Jul 19 4,000 $0.05 $182
24. Jul 19 Buy Tracy Moore Individual 23. Jul 19 23. Jul 19 2,000 $0.04 $84
18. Jul 19 Buy Tracy Moore Individual 17. Jul 19 17. Jul 19 3,000 $0.05 $138
15. Jul 19 Buy Tracy Moore Individual 11. Jul 19 12. Jul 19 6,000 $0.05 $276
12. Jul 19 Buy Tracy Moore Individual 10. Jul 19 10. Jul 19 2,000 $0.05 $99
04. Jul 19 Buy Tracy Moore Individual 03. Jul 19 03. Jul 19 2,000 $0.06 $115
20. Jun 19 Buy Tracy Moore Individual 17. Jun 19 20. Jun 19 4,000 $0.06 $248
05. Jun 19 Buy Tracy Moore Individual 04. Jun 19 04. Jun 19 2,000 $0.07 $134
16. May 19 Buy Tracy Moore Individual 15. May 19 15. May 19 2,000 $0.05 $104
14. May 19 Buy Tracy Moore Individual 14. May 19 14. May 19 2,000 $0.05 $104
09. May 19 Buy Tracy Moore Individual 07. May 19 07. May 19 3,000 $0.04 $134
03. May 19 Buy Tracy Moore Individual 02. May 19 02. May 19 2,000 $0.04 $89
26. Apr 19 Buy Tracy Moore Individual 25. Apr 19 25. Apr 19 3,000 $0.04 $126
X
Management checks
We assess Canada Rare Earth's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Canada Rare Earth has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RARE.F News

Simply Wall St News

RARE.F Company Info

Description

Canada Rare Earth Corp., a development stage company, engages in the exploration and development of rare earth elements in Canada and internationally. Its products include high-purity rare earth oxides, rare earth fluorides, larger particle/nano rare earth oxides, and other products. The company was formerly known as Rare Earth Metals Inc. and changed its name to Canada Rare Earth Corp. in February 2013. Canada Rare Earth Corp. was incorporated in 1987 and is headquartered in Vancouver, Canada.

Details
Name: Canada Rare Earth Corp.
RARE.F
Exchange: OTCPK
Founded: 1987
CA$6,298,849
198,016,234
Website: http://www.canadarareearth.com
Address: Canada Rare Earth Corp.
1040 West Georgia Street,
15th Floor,
Vancouver,
British Columbia, V6E 4H1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV LL Common Shares TSX Venture Exchange CA CAD 15. Dec 2009
OTCPK RARE.F Common Shares Pink Sheets LLC US USD 15. Dec 2009
Number of employees
Current staff
Staff numbers
0
Canada Rare Earth employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 03:30
End of day share price update: 2020/04/06 00:00
Last earnings filing: 2020/03/02
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.