Rare Element Resources Ltd. (
OTCMKTS:REEMF -
Get Free Report) dropped 8% during mid-day trading on Wednesday . The company traded as low as $1.72 and last traded at $1.72. Approximately 500,408 shares were traded during trading, an increase of 3% from the average daily volume of 487,111 shares. The stock had previously closed at $1.87.
Rare Element Resources Stock Performance
The company has a market cap of $763.84 million, a price-to-earnings ratio of -74.00 and a beta of 1.09. The firm has a fifty day moving average price of $1.06 and a 200 day moving average price of $0.91.
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.
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