Rare Element Resources (OTCMKTS:REEMF) Trading 5% Higher – Here’s What Happened

Rare Element Resources Ltd. (OTCMKTS:REEMFGet 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

(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.

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