Rainbow Rare Earths (OTCMKTS:RBWRF) Stock Price Up 1.6% – Here’s Why

Rainbow Rare Earths Limited (OTCMKTS:RBWRFGet Free Report)’s share price was up 1.6% during mid-day trading on Tuesday . The company traded as high as $0.16 and last traded at $0.16. Approximately 15,000 shares were traded during trading, a decline of 34% from the average daily volume of 22,853 shares. The stock had previously closed at $0.16.

Rainbow Rare Earths Stock Performance

The firm’s fifty day moving average is $0.14 and its 200-day moving average is $0.13.

Rainbow Rare Earths Company Profile

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Rainbow Rare Earths Limited engages in the mining and exploration of rare earth minerals. It explores for neodymium, dysprosium, terbium, and praseodymium deposits. The company holds 90% interest in the Gakara project covering an area of approximately 135 square kilometers located in Western Burundi.

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