Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report) shares were up 8.1% during trading on Tuesday . The company traded as high as $1.09 and last traded at $1.07. Approximately 185,342 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 388,893 shares. The stock had previously closed at $0.99.
Rare Element Resources Price Performance
The business has a 50 day simple moving average of $0.80 and a 200 day simple moving average of $0.76. The company has a market capitalization of $557.40 million, a price-to-earnings ratio of -36.00 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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