Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 5,400 shares, a growth of 5,300.0% from the April 30th total of 100 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 379,800 shares, the short-interest ratio is presently 0.0 days.
Rare Element Resources Trading Up 0.7%
Shares of REEMF stock traded up $0.01 on Friday, reaching $0.69. 317,201 shares of the company's stock were exchanged, compared to its average volume of 406,988. Rare Element Resources has a 52 week low of $0.20 and a 52 week high of $1.24. The stock has a market capitalization of $353.54 million, a PE ratio of -22.83 and a beta of 1.12. The company's fifty day simple moving average is $0.82 and its 200 day simple moving average is $0.64.
Rare Element Resources (OTCMKTS:REEMF - Get Free Report) last issued its earnings results on Friday, March 21st. The basic materials company reported ($0.01) earnings per share for the quarter.
About Rare Element Resources
(
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Rare Element Resources Ltd. engages in the exploration of mineral properties in the United States and Canada. It holds 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project; and the Sundance Gold project located in Crook County, northeast Wyoming. Rare Element Resources Ltd.
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