Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as $1.21 and last traded at $1.18, with a volume of 2220487 shares trading hands. The stock had previously closed at $0.97.
Rare Element Resources Stock Performance
The firm has a market capitalization of $552.24 million, a price-to-earnings ratio of -35.67 and a beta of 1.25. The company has a 50-day moving average price of $0.75 and a 200-day moving average price of $0.55.
Rare Element Resources (OTCMKTS:REEMF – Get Free Report) last posted its quarterly earnings data on Friday, March 21st. The basic materials company reported ($0.01) earnings per share for the quarter.
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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