Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) traded up 5% during mid-day trading on Friday . The stock traded as high as $1.47 and last traded at $1.47. 1,162,079 shares traded hands during trading, an increase of 126% from the average session volume of 514,261 shares. The stock had previously closed at $1.40.
Rare Element Resources Trading Up 2.1%
The firm’s 50-day moving average price is $1.08 and its 200-day moving average price is $0.93. The stock has a market capitalization of $738.04 million, a PE ratio of -71.50 and a beta of 1.09.
Rare Element Resources Company Profile
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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