Rare Element Resources (OTCMKTS:REEMF) Share Price Passes Below Fifty Day Moving Average – What’s Next?

Rare Element Resources Ltd. (OTCMKTS:REEMFGet Free Report)’s stock price 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 changing hands.

Rare Element Resources Stock Up 9.5 %

The stock has a market cap of $39.45 million, a P/E ratio of -12.60 and a beta of 1.28. The stock has a fifty day simple moving average of $0.39 and a 200-day simple moving average of $0.32.

Rare Element Resources Company Profile

(Get Free Report)

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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