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Rare Element Resources (OTCMKTS:REEMF) Shares Gap Up - Here's Why

Rare Element Resources logo with Basic Materials background

Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report)'s share price gapped up prior to trading on Friday . The stock had previously closed at $0.85, but opened at $0.89. Rare Element Resources shares last traded at $0.99, with a volume of 707,287 shares trading hands.

Rare Element Resources Trading Up 16.0%

The business has a fifty day moving average price of $0.75 and a two-hundred day moving average price of $0.71. The firm has a market capitalization of $510.95 million, a PE ratio of -33.00 and a beta of 0.93.

Rare Element Resources Company Profile

(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.

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