Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report) shares dropped 8.4% on Monday . The company traded as low as $0.96 and last traded at $1.04. Approximately 704,552 shares were traded during mid-day 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 Trading Down 13.2%
The stock has a market capitalization of $510.95 million, a PE ratio of -33.00 and a beta of 0.93. The business's 50-day moving average is $0.78 and its two-hundred day moving average is $0.74.
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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