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Rare Element Resources (OTCMKTS:REEMF) Reaches New 52-Week High - Here's Why

Rare Element Resources logo with Basic Materials background

Key Points

  • Rare Element Resources Ltd. reached a new 52-week high share price of $1.28, concluding trade at $1.27 with a volume of 268,443 shares.
  • The company's market capitalization stands at $639.98 million, with a P/E ratio of -62.00 and a beta of 0.93.
  • Rare Element Resources is engaged in the exploration of mineral properties in the U.S. and Canada, holding a 100% interest in the Bear Lodge and Sundance Gold projects.
  • Want stock alerts on Rare Element Resources? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The company traded as high as $1.28 and last traded at $1.27, with a volume of 268443 shares changing hands. The stock had previously closed at $1.19.

Rare Element Resources Stock Down 3.3%

The stock has a market cap of $598.69 million, a price-to-earnings ratio of -58.00 and a beta of 0.93. The stock has a fifty day moving average of $0.90 and a two-hundred day moving average of $0.82.

About Rare Element Resources

(Get Free Report)

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.

Further Reading

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