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Zacks Company Profile for Rare Element Resources Ltd. (REEMF : OTC)

• Company Description    Rare Element Resources Ltd is engaged in the acquisition, exploration, and development of mineral properties. The Company focuses generally on gold and rare-earth-elements and holds a 100% interest in the Bear Lodge property located in northeast Wyoming. The property contains disseminated rare-earth deposits and has extensive gold occurrences. Rare-earth elements are key components of the green energy technologies and other high-technology applications. The major applications include hybrid automobiles, plug-in electric automobiles, advanced wind turbines, computer hard drives, compact fluorescent light bulbs, metal alloys, additives in ceramics and glass, petroleum cracking catalysts, and a number of critical military applications. Rare Element Resources Ltd is based in Vancouver, Canada. Number of Employees: 1

• Price / Volume Information    Yesterday's Closing Price: $0.80 Daily Weekly Monthly 20 Day Moving Average: 179,115 shares Shares Outstanding: 104.37 (millions) Market Capitalization: $83.18 (millions) Beta: -0.66 52 Week High: $2.75 52 Week Low: $0.73 Short Interest Ratio:   % Price Change % Price Change Relative to S&P 500 4 Week -30.09% -23.68% 12 Week -34.40% -29.11% Year To Date -36.24% -24.48%

• Address & Contact Information Street Address Phone / Fax Email Address Web URL P.O. BOX 271049 - LITTLETON,CO 80127 USA ph: 720-278-2460 fax: 353-1887-2731 ahite@rareelementresources.com http://www.rareelementresources.com

• General Corporate Information    Officers Randall J. Scott - President; Chief Executive Officer Gerald W. Grandey - Chairman Paul J. Schlauch - Director Lowell A. Shonk - Director David Roberts - Director Peer Information - (-) - (-) - (-) - (-) - (-) - (-) Industry / Sector / Ticker Info Analyst Coverage: No Industry Group: MINING -MISC Sector: Basic Materials CUSIP: 75381M102 SIC: 1040 Fiscal Year Fiscal Year End: December Last Reported Quarter: 03/01/22 Next Expected EPS Date: 08/05/22 Share - Related Items Shares Outstanding: 104.37 Most Recent Split Date: (:1) Beta: -0.66 Market Capitalization: $83.18 (millions)

• EPS Information     • Dividend Information Analyst Coverage: No Dividend Yield: 0.00% Current Fiscal Quarter EPS Consensus Estimate: $ Indicated Annual Dividend: $0.00 Current Fiscal Year EPS Consensus Estimate: $ Payout Ratio: Number of Estimates in the Fiscal Year Consensus: Change In Payout Ratio: Estmated Long-Term EPS Growth Rate: % Last Dividend Paid: NA - $0.00 Next EPS Report Date: 08/05/22

• Fundamental Ratios P/E Current FY Estimate: - Trailing 12 Months: - PEG Ratio: - Price Ratios Price/Book: 3.74 Price/Cash Flow: - Price / Sales: - EPS Growth vs. Year Ago Period: 0.00% vs. Previous Quarter: -% Sales Growth vs. Year Ago Period: -% vs. Previous Quarter: -% ROE 03/31/22 - -57.12 12/31/21 - -86.85 09/30/21 - -527.18 ROA 03/31/22 - -48.52 12/31/21 - -66.27 09/30/21 - -195.19 Current Ratio 03/31/22 - 57.70 12/31/21 - 20.22 09/30/21 - 1.22 Quick Ratio 03/31/22 - 57.70 12/31/21 - 20.22 09/30/21 - 1.22 Operating Margin 03/31/22 - - 12/31/21 - - 09/30/21 - - Net Margin 03/31/22 - - 12/31/21 - - 09/30/21 - - Pre-Tax Margin 03/31/22 - - 12/31/21 - - 09/30/21 - - Book Value 03/31/22 - 0.21 12/31/21 - 0.22 09/30/21 - 0.00 Inventory Turnover 03/31/22 - - 12/31/21 - - 09/30/21 - - Debt-to-Equity 03/31/22 - 0.00 12/31/21 - 0.00 09/30/21 - - Debt-to-Capital 03/31/22 - 0.00 12/31/21 - 0.00 09/30/21 - -

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