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Rare Element Resources (Rare Element Resources) Momentum Rank : 4 (As of May. 12, 2024)


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What is Rare Element Resources Momentum Rank?

Rare Element Resources has the Momentum Rank of 4.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Rare Element Resources's Momentum Rank

For the Other Industrial Metals & Mining subindustry, Rare Element Resources's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rare Element Resources's Momentum Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rare Element Resources's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Rare Element Resources's Momentum Rank falls into.



Rare Element Resources Momentum Rank Related Terms

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Rare Element Resources (Rare Element Resources) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 271049, Littleton, CO, USA, 80127
Rare Element Resources Ltd is a mineral resource company. It focuses on the exploration and development of rare-earth element deposits that carry a favorable distribution of critical rare earth. The company is advancing the development of the 100% owned Bear Lodge REE Project, located in northeast Wyoming.
Executives
Paul Joseph Hickey director 803 MYLAR PARK DRIVE, CHEYENNE WY 82009
Brent Berg officer: President and CEO 9384 EAST DIANNA DRIVE, GOLD CANYON AZ 85118
Nicole J. Champine director 7800 EAST DORADO PLACE, GREENWOOD VILLAGE CO 80111
Wayne Rich officer: Chief Financial Officer 600 SEVENTEENTH STREET, SUITE 2800 SOUTH, DENVER CO 80202
Lowell A Shonk director 225 UNION BLVD, SUITE 250, LAKEWOOD CO 80228
Randall John Scott officer: President and CEO C/O RARE ELEMENT RESOURCES LTD., 225 UNION BLVD SUITE 250, LAKEWOOD CO 80228
Paul John Schlauch director C/O RARE ELEMENT RESOURCES LTD., 225 UNION BLVD SUITE 250, LAKEWOOD CO 80228
Gerald W Grandey director 225 UNION BLVD, SUITE 250, LAKEWOOD CO 80228
Barton S Brundage director 11700 PINE CANYON POINT, PARKER CO 80138
Kenneth J. Mushinski director 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121
David I Roberts director 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121
General Atomic Technologies Corp 10 percent owner
Tenaya Corp 10 percent owner 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121
Ynchron 10 percent owner 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121
Norman William Burmeister director C/O RARE ELEMENT RESOURCES LTD., 255 UNION BLVD SUITE 250, LAKEWOOD CO 80228

Rare Element Resources (Rare Element Resources) Headlines