Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report)’s stock price gapped up prior to trading on Monday. The stock had previously closed at $0.7601, but opened at $0.9499. Rare Element Resources shares last traded at $1.13, with a volume of 399,365 shares traded.
Rare Element Resources Trading Up 19.5%
The company has a market cap of $536.76 million, a PE ratio of -52.00 and a beta of 1.34. The stock has a 50 day moving average price of $0.88 and a 200 day moving average price of $0.73.
Rare Element Resources (OTCMKTS:REEMF – Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter.
About Rare Element Resources
Rare Element Resources Ltd. is a mineral development company focused on the exploration, development and processing of rare earth elements in the United States. Its primary asset is the Bear Lodge Rare Earth Project in northeastern Wyoming, one of the company’s core properties and the basis for its planned domestic rare earth production activities.
The Bear Lodge project contains rare earth mineralization that includes elements used in permanent magnets, electronics, automotive systems, defense applications and other advanced technologies.
Recommended Stories
- Five stocks we like better than Rare Element Resources
- America’s Rare Earth Clock Is Running Out, But the Bottleneck Isn’t Where You Think
- Atlassian Tanks After Huge Run as Guidance Disappoints, But Strength Remains
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
Receive News & Ratings for Rare Element Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rare Element Resources and related companies with MarketBeat.com's FREE daily email newsletter.
