Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 421,685 shares traded hands during mid-day trading, an increase of 2% from the previous session’s volume of 413,240 shares.The stock last traded at $1.10 and had previously closed at $1.12.
Rare Element Resources Price Performance
The stock has a market cap of $502.95 million, a price-to-earnings ratio of -48.73 and a beta of 1.09. The stock’s 50-day moving average is $1.01 and its 200 day moving average is $0.88.
About Rare Element Resources
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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