Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report)'s stock price was down 4.9% on Wednesday . The company traded as low as $1.17 and last traded at $1.18. Approximately 100,845 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 397,644 shares. The stock had previously closed at $1.24.
Rare Element Resources Price Performance
The firm's fifty day moving average price is $0.92 and its 200-day moving average price is $0.83. The firm has a market capitalization of $610.56 million, a P/E ratio of -59.15 and a beta of 0.93.
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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