Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.39 and traded as low as $0.32. Rare Element Resources shares last traded at $0.35, with a volume of 32,389 shares trading hands.
Rare Element Resources Stock Performance
The firm has a market capitalization of $39.45 million, a P/E ratio of -12.60 and a beta of 1.28. The company has a 50-day simple moving average of $0.39 and a two-hundred day simple moving average of $0.32.
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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