Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report) was the recipient of a large decline in short interest in May. As of May 31st, there was short interest totalling 100 shares, a decline of 98.1% from the May 15th total of 5,400 shares. Based on an average daily volume of 412,500 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.
Rare Element Resources Trading Up 1.3%
Shares of OTCMKTS:REEMF traded up $0.01 during trading on Friday, reaching $0.75. The company had a trading volume of 98,945 shares, compared to its average volume of 386,924. The company has a fifty day moving average of $0.82 and a two-hundred day moving average of $0.66. Rare Element Resources has a 12 month low of $0.20 and a 12 month high of $1.24. The stock has a market capitalization of $386.83 million, a P/E ratio of -24.98 and a beta of 0.92.
Rare Element Resources (OTCMKTS:REEMF - Get Free Report) last announced its quarterly earnings results on Friday, March 21st. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter.
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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