Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.70 and traded as low as $0.70. Rare Element Resources shares last traded at $0.74, with a volume of 159,657 shares.
Rare Element Resources Stock Performance
The firm has a market capitalization of $379.86 million, a price-to-earnings ratio of -24.53 and a beta of 1.35. The business’s 50 day moving average is $0.70 and its 200-day moving average is $0.49.
Rare Element Resources (OTCMKTS:REEMF – Get Free Report) last released its quarterly earnings results on Friday, March 21st. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter.
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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