Shares of Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report) were up 1.4% during mid-day trading on Monday . The company traded as high as $1.01 and last traded at $0.96. Approximately 324,412 shares changed hands during trading, a decline of 45% from the average daily volume of 592,534 shares. The stock had previously closed at $0.95.
Rare Element Resources Stock Performance
The business has a fifty day moving average price of $0.86 and a 200 day moving average price of $0.80. The company has a market capitalization of $616.24 million, a PE ratio of -59.70 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.
Recommended Stories
Before you consider Rare Element Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rare Element Resources wasn't on the list.
While Rare Element Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.