Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report) was down 8.4% during trading on Monday . The company traded as low as $0.96 and last traded at $1.04. Approximately 704,552 shares traded hands during trading, an increase of 83% from the average daily volume of 385,106 shares. The stock had previously closed at $1.14.
Rare Element Resources Stock Performance
The business's 50 day moving average is $0.80 and its 200-day moving average is $0.76. The stock has a market cap of $550.43 million, a price-to-earnings ratio of -35.55 and a beta of 0.93.
Rare Element Resources Company Profile
(
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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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