Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.65 and traded as low as $0.61. Rare Element Resources shares last traded at $0.65, with a volume of 97,057 shares trading hands.
Rare Element Resources Trading Down 5.8 %
The company has a market cap of $335.52 million, a P/E ratio of -21.67 and a beta of 1.35. The company’s 50-day moving average price is $0.65 and its two-hundred day moving average price is $0.47.
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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