Rainbow Rare Earths Limited (OTCMKTS:RBWRF – Get Free Report) rose 1.6% during mid-day trading on Tuesday . The stock traded as high as $0.16 and last traded at $0.16. Approximately 15,000 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 22,853 shares. The stock had previously closed at $0.16.
Rainbow Rare Earths Stock Performance
The firm has a fifty day simple moving average of $0.14 and a 200-day simple moving average of $0.13.
Rainbow Rare Earths Company Profile
Rainbow Rare Earths Limited engages in the mining and exploration of rare earth minerals. It explores for neodymium, dysprosium, terbium, and praseodymium deposits. The company holds 90% interest in the Gakara project covering an area of approximately 135 square kilometers located in Western Burundi.
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