Rare Element Resources (OTCMKTS:REEMF) Stock Price Up 1.4% - What's Next?

Key Points

• Rare Element Resources Ltd. (OTCMKTS:REEMF) stock price increased by 1.4% during mid-day trading, reaching a last traded price of $0.96.
• The stock has a market cap of $497.01 million and a PE ratio of -32.10, indicating potential volatility.
• Rare Element Resources is focused on the exploration of mineral properties, holding a 100% interest in the Bear Lodge REE project and the Sundance Gold project located in Wyoming.

Rare Element Resources Ltd. (OTCMKTS:REEMF - ) shares traded up 1.4% during mid-day trading on Monday . The stock traded as high as $1.01 and last traded at $0.96. 324,412 shares were traded during mid-day trading, a decline of 45% from the average session volume of 592,534 shares. The stock had previously closed at $0.95.

Rare Element Resources Price Performance

The stock has a market cap of $497.01 million, a PE ratio of -32.10 and a beta of 0.93. The company has a 50 day moving average price of $0.83 and a two-hundred day moving average price of $0.78.

Rare Element Resources Company Profile

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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