Shares of Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.82 and traded as low as $0.70. Rare Element Resources shares last traded at $0.75, with a volume of 116,458 shares changing hands.
Rare Element Resources Trading Up 4.0%
The company's fifty day moving average is $0.82 and its 200 day moving average is $0.65. The company has a market cap of $402.57 million, a P/E ratio of -26.00 and a beta of 0.92.
Rare Element Resources (OTCMKTS:REEMF - Get Free Report) last released its earnings results on Friday, March 21st. The basic materials company reported ($0.01) EPS 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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