Shares of Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.70 and traded as low as $0.70. Rare Element Resources shares last traded at $0.74, with a volume of 159,657 shares changing hands.
Rare Element Resources Stock Performance
The firm has a 50-day moving average of $0.70 and a 200-day moving average of $0.49. The firm has a market capitalization of $379.86 million, a P/E ratio of -24.53 and a beta of 1.35.
Rare Element Resources (OTCMKTS:REEMF – Get Free Report) last issued its earnings results on Friday, March 21st. The basic materials company reported ($0.01) earnings per share (EPS) 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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