Rare Element Resources Ltd. (
OTCMKTS:REEMF -
Get Free Report) was up 9.9% during mid-day trading on Thursday . The stock traded as high as $1.28 and last traded at $1.27. Approximately 326,773 shares were traded during trading, a decline of 38% from the average daily volume of 524,829 shares. The stock had previously closed at $1.16.
Rare Element Resources Stock Up 10.7%
The firm's 50-day moving average is $1.09 and its 200-day moving average is $0.94. The company has a market cap of $660.62 million, a PE ratio of -64.00 and a beta of 1.09.
About Rare Element Resources
(
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.