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Ucore Rare Metals Inc. engages in the extraction, beneficiation, and separation of rare and critical metal resources in Canada. It primarily holds a 100% interest in the Bokan-Dotson Ridge rare earth element project located in Alaska, United States. The company was formerly known as Ucore Uranium Inc. and changed its name to Ucore Rare Metals Inc. in June 2010. Ucore Rare Metals Inc. was founded in 2006 and is headquartered in Bedford, Canada.
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Ucore Rare Metals Inc is a Canada-based critical-minerals company focused on exploration and development of rare-earth deposits and on commercializing ion-exchange separation technology to support North American supply chains. Long-term growth drivers include rising demand for permanent magnets in clean-energy and defense applications, progress toward commercial deployment of its RapidSX separation process, and policy support for domestic critical-minerals supply, which may support future projects and partnerships.
Principal investment risks are project-development and commercialization execution, substantial financing requirements, commodity-price volatility, permitting and regulatory uncertainty, and unproven scalability of its separation technology.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -39.26M | -13.47M | -7.61M | -5.47M | -5.51M |
| Net income | -39.26M | -13.47M | -7.61M | -5.47M | -5.51M |
| Selling general administrative | 5.71M | 3.38M | 4.94M | 3.70M | 4.21M |
| Selling and marketing expenses | - | - | - | 0.24M | 0.28M |
| Gross profit | -0.94M | -0.94M | -0.18M | -0.10M | -0.11M |
| Reconciled depreciation | 2.74M | 2.74M | 0.18M | 0.13M | 0.11M |
| Ebit | - | - | -5.55M | -4.81M | -6.24M |
| Ebitda | - | - | -5.37M | -4.72M | -6.13M |
| Depreciation and amortization | - | - | 0.18M | 0.10M | 0.11M |
| Operating income | -15.09M | -10.37M | -5.55M | -4.84M | -6.24M |
| Other operating expenses | - | - | 5.55M | 4.85M | 5.72M |
| Interest expense | 2.81M | 2.62M | 1.45M | 0.75M | 0.47M |
| Interest income | 0.16M | 0.01M | 0.01M | 0.00M | 0.01M |
| Net interest income | -2.65M | -2.75M | -1.44M | -0.75M | -0.46M |
| Income tax expense | - | - | - | 0.75M | -0.06M |
| Total revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 15.09M | 10.37M | 5.37M | 4.75M | 5.60M |
| Cost of revenue | 0.94M | 0.94M | 0.18M | 0.10M | 0.11M |
| Total other income expense net | -21.52M | -0.35M | -2.06M | 0.13M | 0.67M |
| Net income from continuing ops | -39.26M | -13.47M | -7.61M | -5.47M | -5.51M |
| Net income applicable to common shares | - | - | - | -5.47M | -5.51M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 83.58M | 62.06M | 60.62M | 53.24M | 49.44M |
| Intangible assets | 6.99M | 7.53M | 8.07M | 8.09M | 8.09M |
| Other current assets | 0.53M | 0.36M | 0.54M | 0.24M | - |
| Total liab | 12.42M | 20.41M | 11.55M | 5.02M | 3.42M |
| Total stockholder equity | 71.16M | 41.64M | 49.08M | 48.22M | 46.03M |
| Other current liab | - | - | 3.03M | - | - |
| Common stock | - | - | 90.78M | 86.69M | 84.25M |
| Capital stock | 161.92M | 92.88M | 90.78M | 86.69M | 84.25M |
| Retained earnings | -135.96M | -96.58M | -82.40M | -74.79M | -69.33M |
| Other assets | - | - | 0.00M | 0.07M | 0.06M |
| Cash | 26.11M | 0.63M | 0.25M | 2.26M | 3.33M |
| Total current liabilities | 8.94M | 8.20M | 4.45M | 2.83M | 0.99M |
| Net debt | - | 11.49M | 8.27M | 1.18M | - |
| Short term debt | - | - | 1.42M | - | - |
| Short long term debt | 6.88M | 2.79M | 1.26M | 1.26M | 1.10M |
| Short long term debt total | - | - | 8.52M | - | - |
| Other stockholder equity | - | - | 28.91M | 10.54M | 7.07M |
| Property plant equipment | - | - | - | 42.15M | 37.44M |
| Total current assets | 28.45M | 4.16M | 2.55M | 2.93M | 3.86M |
| Net tangible assets | - | - | - | 40.13M | 37.94M |
| Short term investments | - | - | 0.00M | 0.00M | 0.00M |
| Net receivables | - | - | 1.76M | 0.43M | 0.29M |
| Long term debt | 0.86M | 9.33M | 4.12M | 2.18M | 2.33M |
| Accounts payable | - | - | - | 1.49M | 0.90M |
| Accumulated other comprehensive income | - | - | 11.78M | - | - |
| Non currrent assets other | 0.07M | 0.07M | 39.13M | 0.07M | 0.06M |
| Non current assets total | 55.14M | 57.89M | 58.07M | 50.31M | 45.59M |
| Capital lease obligations | 2.76M | 3.02M | 3.13M | 0.09M | 0.18M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -0.78M | -5.89M | -2.43M | 0.07M |
| Change to liabilities | - | - | - | -0.22M | 0.16M |
| Total cashflows from investing activities | - | - | - | -2.43M | 1.20M |
| Net borrowings | -1.75M | - | - | 1.38M | -0.08M |
| Total cash from financing activities | 39.64M | 6.83M | 7.85M | 5.82M | 6.55M |
| Change to operating activities | - | - | - | -0.01M | -0.00M |
| Net income | -39.26M | -13.47M | -7.61M | -5.47M | -5.51M |
| Change in cash | 25.49M | 0.38M | -2.01M | -1.07M | 2.32M |
| Begin period cash flow | 0.63M | 0.25M | 2.26M | 3.33M | 1.01M |
| End period cash flow | 26.11M | 0.63M | 0.25M | 2.26M | 3.33M |
| Total cash from operating activities | -13.27M | -5.67M | -3.98M | -4.46M | -5.43M |
| Issuance of capital stock | 17.52M | 2.30M | 4.33M | 4.45M | 6.57M |
| Depreciation | 2.74M | 2.74M | 0.18M | 0.13M | 0.11M |
| Other cashflows from investing activities | - | - | - | -0.01M | -0.01M |
| Dividends paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change to account receivables | - | - | 0.06M | -0.03M | -0.14M |
| Other cashflows from financing activities | - | - | -5.89M | 2.62M | 0.06M |
| Change to netincome | - | - | - | 1.12M | -0.05M |
| Capital expenditures | 0.88M | 0.78M | 5.89M | 2.42M | 0.36M |
| Change in working capital | -2.29M | 1.30M | 0.21M | -0.25M | 0.02M |
| Stock based compensation | 1.48M | 0.59M | 1.48M | 0.75M | 0.40M |
| Other non cash items | 2.72M | 2.00M | 3.53M | 0.54M | 0.25M |
| Free cash flow | -14.15M | -6.46M | -9.86M | -6.88M | -5.79M |
Sector: Basic Materials Industry: Other Industrial Metals & Mining
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|
| UCU Ucore Rare Metals Inc |
-0.35 14.34% |
2.09 | - | 588.24 | - | 9.19 | -19.02 |
| SGML Sigma Lithium Resources Corp |
0.10 1.28% |
7.91 | - | 23.09 | 29.72 | 42.12 | 32.66 |
| AFM Alphamin Res |
0.03 2.00% |
1.27 | 8.44 | 9.43 | 2.78 | 3.33 | 3.85 |
| SLI Standard Lithium Ltd |
0.11 5.76% |
2.02 | - | - | 79.52 | 2.40 | 5.29 |
| FWZ Fireweed Zinc Ltd |
0.03 1.25% |
2.43 | - | 1250.00 | - | 26.07 | -7.01 |
Ucore Rare Metals Inc. engages in the extraction, beneficiation, and separation of rare and critical metal resources in Canada. It primarily holds a 100% interest in the Bokan-Dotson Ridge rare earth element project located in Alaska, United States. The company was formerly known as Ucore Uranium Inc. and changed its name to Ucore Rare Metals Inc. in June 2010. Ucore Rare Metals Inc. was founded in 2006 and is headquartered in Bedford, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Patrick Ryan P.Eng. | Chairman & CEO | NA |
| Mr. Peter Manuel CA | VP, CFO & Corp. Sec. | 1971 |
| Mr. Michael Schrider P.E. | VP & COO | NA |
| Mr. Mark MacDonald | VP of Investor Relations | NA |
| Mr. Patrick Ryan P.Eng. | Chairman of the Board & CEO | NA |
| Mr. Peter Manuel CA | VP, CFO & Corporate Secretary | 1971 |
| Mr. Mark MacDonald | Vice President of Investor Relations | NA |
| Mr. Peter Manuel CA | VP, CFO & Corporate Secretary | 1970 |
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