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.
Rare Element Resources Trading Up 10.7%
The firm's 50 day simple moving average is $0.76 and its two-hundred day simple moving average is $0.72. The firm has a market cap of $567.72 million, a price-to-earnings ratio of -36.67 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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