Canada Rare Earth Corp. (LL) Financials
TSXV: LL · REE · Exploration stage
- Market cap$4.2M
- Share price$0.020
- 52-week range$0.020 – $0.020
- Shares outstanding211,587,696
- ExchangeTSXV
- Websitewww.canadarareearth.com
Canada Rare Earth Corp is a Canada based development stage company. The company is engaged in developing an integrated business within the rare earth industry from the initial mandate of acquiring and exploring mineral property interests. It's only reportable segment being the sale of oxides and rare earth concentrate. Geographically, it derives a majority of revenue from Asia.
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Canada Rare Earth Corp. financial statements
Key figures read from 40 of 40 financial statement filings, Nov 25, 2016 to Apr 1, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jun 2025 | Jun 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$372,714 | C$489,591 | C$220,630 | C$76,982 | C$33,837 |
| Total current assets | C$426,049 | C$2,175,838 | C$1,259,590 | C$478,483 | C$362,781 |
| Total current liabilities | C$3,128,763 | C$3,184,328 | C$1,665,944 | C$1,378,348 | C$661,646 |
| Working capital | (C$2,702,714) | (C$1,008,490) | (C$406,354) | (C$899,865) | (C$298,865) |
| Exploration and evaluation assets | — | — | — | — | C$0 |
| Property, plant and equipment | C$55,928 | C$65,224 | C$91,073 | C$50,126 | C$67,906 |
| Total assets | C$545,687 | C$3,282,992 | C$2,274,797 | C$1,195,525 | C$603,108 |
| Debt | C$1,672,597 | C$893,489 | — | C$535,684 | — |
| Total liabilities | C$4,448,391 | C$4,703,720 | C$2,268,667 | C$1,727,699 | C$786,646 |
| Shareholders' equity | (C$3,902,704) | — | C$6,130 | (C$532,174) | (C$183,538) |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2025 | FY Jun 2024 | FY Mar 2023 | FY Mar 2022 | FY Mar 2021 | |
|---|---|---|---|---|---|
| Revenue | C$1,757,819 | C$1,596,264 | C$5,375,513 | C$410,297 | C$1,275,733 |
| Cost of sales | (C$1,478,891) | (C$1,189,542) | C$4,079,122 | C$368,222 | C$1,023,139 |
| General and administrative | C$1,344,833 | C$1,656,781 | C$901,909 | C$710,740 | C$837,180 |
| Share-based compensation | C$37,886 | C$162,745 | C$262,000 | C$325,000 | C$298,748 |
| Impairments and write-downs | C$0 | (C$14,229) | C$0 | (C$15,336) | — |
| Net income (loss) | (C$2,519,862) | (C$1,592,003) | C$171,267 | (C$1,029,275) | (C$667,998) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2025 | FY Jun 2024 | FY Mar 2023 | FY Mar 2022 | FY Mar 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$804,310) | C$764,253 | C$110,784 | (C$321,945) | (C$74,005) |
| Investing cash flow | (C$4,839) | (C$247,420) | (C$416,467) | (C$169,881) | (C$79,324) |
| Financing cash flow | C$692,272 | (C$247,872) | C$410,527 | C$528,658 | (C$6,838) |
| Exploration spending (capitalized) | — | — | — | C$0 | (C$9,782) |
| Property, plant and equipment spending | — | C$0 | (C$46,967) | (C$2,994) | (C$69,542) |
| Proceeds from share issues | — | C$0 | — | — | — |
| Change in cash | (C$116,877) | C$268,961 | (C$143,648) | C$43,145 | (C$170,433) |
| Cash at end of period | C$372,714 | C$489,591 | C$220,630 | C$76,982 | C$33,837 |
No financings are on record for Canada Rare Earth Corp. yet.